SEC Proposals Increase Dark Pool Transparency

But Trades $200K-Plus Would Be Exempted From Rules

November 23, 2009

Mutual funds and large institutional investors are being spared from a new Securities and Exchange Commission proposal to reign in the growing use of dark pools to hide trading information, since only trades smaller than $200,000 would be exposed. While industry groups like the Investment Company Institute promote the usefulness and necessity of dark trading for some market participants, regulators at the SEC and other regulators are concerned that too much unregulated and unmonitored activity is occurring.

The full article is available to Money Management Executive subscribers only

Already a print subscriber? As a print subscriber, you are entitled to online access. Please click here to activate your account.