In light of the ruckus high frequency trading debate, the Securities and Exchange Commission appears to be re-considering a key component of market structure.
Speaking at the Mutual Fund Director’s forum, a platform for independent board directors to share best practices, SEC commissioner Luis Aguilar indicated the regulator is considering changes to the “maker-taker” system of exchanges providing rebates to certain HFT participants.
SEC reveals its much-anticipated take on “market structure”
Immediately after the publication of Michael’s Lewis’ tome on HFT,
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