SEC Tackles Market Structure With Flawed Structure
January 26, 2015 at 13:26 PM EST
One of the biggest problems on Wall Street, at least from a regulatory view, is that technology has changed market structure in ways no one really anticipated. When “Reg ATS” was introduced in 1998, it set the market on a path that allowed computerized trading systems to thrive. The traditional floor-based models were forever changed, [...]