ITG Shakes Up Staff

Investment Technology Group (ITG) has announced four new leadership appointments within the firm. David Stevens, who has been at ITG for the last six years, has been named head of US and Latin America. Jamie Selway, who comes over from Archipelago, will head the liquidity management group at the firm.

Joining the firm from Goldman Sachs Asset Management is Jeff Bacidore, who will be the head of algorithms. Ralph Edwards, a Sanford C. Bernstein alum, joins the firm as its derivatives strategist.

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SEC squares off with broker-dealers over data analytics usage

The Gensler administration has ruffled feathers in the broker-dealer community with a new proposal seeking to limit their use of predictive data analytics. But at the heart of this deal is something far more seismic: one of the first attempts by the SEC to regulate AI.

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