FINRA Considering Rule to Require More Dark Pool Data Disclosure

FINRA is considering new rules to shine light on dark trading after the largest U.S. dark pool operator stopped sharing data on its trades.

FINRA is considering new rules to shine light on dark trading.

A Wall Street regulator is considering new rules to shine light on dark trading after the largest U.S. dark pool operator stopped sharing data on the volume of its trades.

The Financial Industry Regulatory Authority, the private-sector regulator of U.S. brokerages, may ask brokers to distinguish trades that occur in dark pools from ones that don’t, Finra chief executive officer Richard G. Ketchum told reporters today. Doing so would enable Finra to publish figures for how much trading occurs in every dark pool.

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1 Response to FINRA Considering Rule to Require More Dark Pool Data Disclosure

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