High-Frequency Trades Are ‘Intense Focus’ of SEC, White Says
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U.S. markets “aren’t rigged” and regulators are seriously considering allegations of unfairness due to high-frequency traders, Securities and Exchange Commission Chair Mary Jo White said today.
The agency is taking “the right approach, a very thorough review of all the issues,” that is “data driven, disciplined,” White told members of the SEC’s Investor Advisory Committee. “But it has intense focus by us and the staff.”