https://www.businessinsider.com/r-rules-for-dark-pool-trading-need-strengthening-report-2015-9

https://blogs.wsj.com/moneybeat/2015/09/15/asset-managers-team-up-to-develop-standards-for-dark-pools/tab/print/

https://www.politicopro.com/financial-services/whiteboard/2015/09/dark-pools-060360

https://www.marketwatch.com/story/senator-says-hell-press-sec-to-fix-stock-market-problems-2015-09-15/print

Authorities’ approach in the recent settlements suggests that they are not focusing on the mechanics of dark-pool trading, or on which parties may stand to lose from activities there, according to the Healthy Markets Association, which wants to give investors a greater voice in the debate over reforming U.S. financial markets. “The dark pool cases […]

“Removing order-protection rules without implementing other protections for investors would increase conflicts of interest and risks for investors,” Tyler Gellasch, executive director at Healthy Markets Association, an investor trade group, wrote in an e-mail. “Relying exclusively on the invisible hand of arbitrage without regulatory mandates or safety nets sounds great, but the reality would be far […]

“Our goal is to arm institutional investors with unique data and analysis, as well as a public voice, in the hyper-technical world of market microstructure,” Gellasch, 37, said in an e-mail. https://www.bloomberg.com/news/articles/2015-07-16/healthy-markets-hires-ex-sec-lawyer-amid-push-to-reform-trading

The striking gap in odd-lot price improvement proves the value of disclosure, says Chris Nagy, who launched the trading-quality consultancy KOR Group, after running TD Ameritrade’s order-routing unit. “Next quarter, those numbers are going to be much, much better” as brokers respond, Nagy predicts. “Transparency can make a world of difference in trading behavior and […]

“Far too many investors are already concerned that our critical trading technology infrastructure is held together by dangling wires and duct tape,” Dave Lauer, co-founder and chief technology officer of Kor Group LLC, wrote in an e-mail Wednesday. “Today definitely doesn’t help dispel that fear.” https://www.bloomberg.com/news/articles/2015-07-08/nyse-halt-shows-complexity-s-curse-and-its-potential-blessings

“Nagy, who with KOR partner Dave Lauer founded the nonprofit market structure reform group Healthy Markets, said in January that all four of the SEC’s commissioners had told him they supported 605/606 reforms” https://www.law360.com/articles/654239/sec-commissioner-urges-action-on-maker-taker-disclosure