Tag Archives: Mary Jo White

U.S. Securities and Exchange Commission Plans New Website to Publish Speed Traders Data and Research

The U.S. Securities and Exchange Commission plans to unveil a public website next week that will allow it to publish data, research and analysis using the type of robust market data exploited by high-frequency trading firms. The site will share … Continue reading

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MarketWatch: Exchanges Have ‘Homework’ after SEC Meeting on Tech Glitches

According to The Tell’s Sital Patel, the Securities and Exchange Commission is asking stock exchanges to come up with a series of concrete measures to ensure that market systems are of the highest standards and ensure better communications when breakdowns … Continue reading

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OPEN LETTER to SEC Chairman Mary Jo White: Maintaining the Standing of the U.S. as the World’s Most Sophisticated Financial and Trading Market

Dear chairman Mary Jo White, As informed by NASDAQ after the August 22 incident, price quotes were not being disseminated by the Securities Information Processor (SIP) for three hours. There was a connectivity issue, which led to degradation in the … Continue reading

Posted in CFTC, Equity Markets, FINRA, High Frequency Trading, knight capital, NASDAQ, NYSE, Regulatory Updates, SEC, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Maintaining the Standing of the U.S. as the World’s Most Sophisticated Financial and Trading Market

Knightmare on Wall Street‘s author, Edgar Perez, chastised U.S. regulators for their performance during NASDAQ’s “Flash Freeze”. Market participants appreciate visible leadership that goes beyond statements sent though press offices, he said. “Both individual and institutional investors would have felt … Continue reading

Posted in Equity Markets, Events, FINRA, Flash Crash, High Frequency Trading, knight capital, NASDAQ, NYSE, Regulatory Updates, SEC, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Bob Greifeld, Nasdaq Chief, Defends Handling of Trading Halt

The New York Times report that the chief executive of the Nasdaq stock exchange, Robert Greifeld, on Friday shot back at criticism of how his exchange handled a three-hour halt in trading on Thursday afternoon. Mr. Greifeld said in an … Continue reading

Posted in Equity Markets, Market Making, NASDAQ, NYSE, SEC, World Exchanges | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Nasdaq Investigating Problem That Forced Trading Halt, No Answers Yet

Forbes’ Steve Schaefer reports a technical issue led the Nasdaq stock market to halt all trading in shares listed on its exchange, and request fellow exchanges do the same. The New York Stock Exchange acknowledged it had done so at … Continue reading

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The Morning Risk Report: Targeting Bad Actors

As any regulator or corporate officer will tell you, there’s nothing like a “perp walk” of an alleged white-collar criminal from abode to waiting police vehicle for sending a message about the personal cost of nefarious individual conduct. Regulators in … Continue reading

Posted in Dark Pools, Finance, High Frequency Trading, Regulatory Updates, SEC | Tagged , , , , , | 1 Comment

Why Regulation SCI Misses Unique Opportunity to Restore Investor Confidence

The Securities and Exchange Commission (SEC) has recently proposed Regulation Systems Compliance and Integrity (Reg SCI), which would apply to certain self-regulatory organizations (including registered clearing agencies), alternative trading systems (ATSs), plan processors, and exempt clearing agencies subject to the … Continue reading

Posted in Equity Markets, Flash Crash, High Frequency Trading, NASDAQ, Regulatory Updates, SEC, World Exchanges | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment