SEC’s Hired Gun on High-Frequency Trading Gets Permanent Role

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The U.S. Securities and Exchange Commission has promoted its computer-trading specialist, boosting his office’s effort to scrutinize rapid-fire trading’s impact on equity markets.

Gregg E. Berman, who holds a doctorate in physics from Princeton University, was named today as associate director of the SEC’s new office of analytics and research. Berman had been working at the agency on a temporary appointment to improve the SEC’s monitoring of electronic trading, and his contract would have expired in October.