SEC Eyes Dark Pool Crackdown

The Securities and Exchange Commission (SEC) is planning on curtailing trading on non-transparent “dark pools” by encouraging the use of more regulated and transparent exchanges, according to a report in the Wall Street Journal.  The move aimed at dark pools could “deliver a blow to bank trading operations,” the report noted, as it pointed to another SEC's goal to boost trading in stocks of smaller companies by increasing the “tick” size under which stocks are bought and sold on the exchange.

Regulatory crackdown on questionable activities considered only a matter of time

Observers in the derivatives industry had been viewing dark pools with relative amazement, waiting for a...