Securities and Exchange Commission (SEC)

359 results about this entity

Period: 18 Oct 2004 - 15 Aug 2024

As dark pool debate rages, Credit Suisse Crossfinder records best ever day

Despite growing scrutiny from regulators, the popularity of dark pools shows no signs of abating in the US, with Credit Suisse's Crossfinder ATS recording its strongest ever day this week, claiming half a billion shares traded.

Finra forms Social Networking Task Force

US regulatory body Finra has formed a Social Networking Task Force to explore the compliance challenges posed by new Web 2.0 communications channels, such as FaceBook, LinkedIn, and Twitter.

SEC sets sights on sponsored access and exchange co-location

After taking on dark pools and flash orders, the Securities and Exchange Commission has now turned its attention to high frequency trading and the practice of sponsored access to exchanges.

SEC proposes dark pool rules; institutions divided over merits of high frequency trading

The US Securities and Exchange Commission has unveiled proposals aimed at shedding more light on dark pool trading by introducing new rules that would require enhanced public disclosure of stocks passing over alternative trading networks.

SEC fines broker-dealer $100,000 over computer security failures

US broker-dealer Commonwealth Financial Network has been fined $100,000 for failing to insist its registered representatives maintain anti-virus software on their computers. The failure led to an intruder gaining access to the firm's Intranet, accessing customer accounts and entering unauthorised purchase orders worth over $523,000.

SEC and CFTC propose joint IT task force

The Securities and Exchanges Commission and Commodity Futures Trading Commission want to create a joint IT task force as part of a wider move to harmonise their work and improve cooperation.

IBM exec among six charged over tech insider trading scheme

A top IBM executive is among six people charged by US authorities over an alleged $20 million hedge fund insider trading scam involving some of the world's biggest technology companies.

SEC to extend dark pool probe

The Securities and Exchange Commission is to extend its regulatory probing of dark pools to include issues surrounding high frequency trading, direct market access and co-location.

SEC approves new rules to deal with erroneous trades

The Securities and Exchange Commission has approved new rules designed to limit the potential for systemic damage from fat-fingered or computer-generated erroneous trades.

SEC proposes flash ban; takes aim at credit rating agencies

The Securities and Exchange Commission (SEC) has proposed a ban on flash orders and agreed to tighten the supervision of credit ratings agencies.

Bats plans second US equities exchange

Bats Global Markets says it will file an application with the SEC in the next few weeks for a second US equities exchange, which should launch early next year.

CBOE delays launch of C2 electronic platform

The Chicago Board Options Exchange (CBOE) has put back the launch of a new electronic platform amid regulatory uncertainty, according to Dow Jones Newswires.