Dark Pool Blocks on the Rise?

New dark pool regulations under consideration by the US Securities and Exchange Commission (SEC) could increase competition among dark venue providers.

Proposed rules would exempt venue operators executing block-sized trades of $200,000 or greater from real-time identity disclosure requirements. If that exemption remains in place and the real-time reporting rule goes into effect, more dark pool providers may boost their block-trading activities to work around the SEC requirement.

Venues including

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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.

The Cusip lawsuit: A love story

With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.

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