University of North Texas Digital Library (University of North Texas) · 2014 · 10 citations · 0 references
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LawFinanceRegulatory PolicyFinancial RegulationSecurities LawSecurities RegulationBroker-dealer ComplianceBroker-dealer RegulationCapital MarketsMarket AbuseBroker-dealer OversightDark TradingEnforcementMedia AttentionSecurities And Exchange Commission OversightState Regulatory AuthorityTrading Practices Regulation
This report examines the confluence of factors that led to the rise of dark pools; the potential benefits and costs of such trading; some regulatory and congressional concerns over dark pools; recent regulatory developments by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), which oversees broker-dealers; and some recent lawsuits and enforcement actions garnering significant media attention.