By Jonathan Spicer
NEW YORK, Oct 20 (Reuters) – U.S. Senator Charles Schumer on Tuesday jumped in to the debate over anonymous trading venues known as dark pools, calling for tough new regulations a day before the U.S. Securities and Exchange Commission meets to consider new rules. Schumer, among the most vocal of lawmakers pressing for market structure reform, urged in a letter to SEC Chairman Mary Schapiro that the regulator adopt some of the most robust measures now on the table, and called for a new market-wide monitor.
U.S. Senator Schumer jumps into dark pool debate before SEC meeting
NY’s Cuomo may charge Bank of America executives over Merrill
NEW YORK, Sept 8 (Reuters) – New York Attorney General Andrew Cuomo threatened on Tuesday to file charges accusing top Bank of America Corp executives of failing to disclose essential details about its takeover of Merrill Lynch & Co.
“Flash” trading controversy in U.S. raises issue of front-running
By Jonathan Spicer
NEW YORK, Aug 7 (Reuters) – With so-called “flash” orders exploding into public view, investors are wondering if the rapid-fire dissemination of their investing intentions is costing them money.
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