Tyler Gellasch, executive director of the Healthy Markets Association, an investor-focused trade group, said updating regulation covering alternative trading sites is a sorely needed step.
“Antiquated rules and variations in operations and disclosures by trading venues have made it nearly impossible for investors and brokers to understand how their orders are handled and how their trades are executed—much less compare results across venues,” he said.
https://www.wsj.com/articles/regulators-propose-rules-to-shed-light-on-dark-pools-1447888364?alg=y
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