The Securities and Exchange Commission is aiming to get a better handle on the strategy of high-frequency trading through a proposal that would require large traders to report transaction data when requested. The SEC would also assign traders unique identifiers. "The commission's need to better monitor these entities is heightened by the fact that large traders, including high-frequency traders, appear to be playing an increasingly prominent role in the securities markets," SEC Chairman Mary Schapiro said.

Related Summaries