SEC sets its sights on fixed-income platforms with Reg ATS revamp

US regulator’s mammoth January proposal has something in it for most US trading systems, but Jo suspects it will be the definitions of exchanges that hit the hardest.

When I think about how different tech was back in 1999, it seems such a short time for human society to change so profoundly. Back then, I didn’t have an email address, and it would be two years before I owned a very basic cellphone (a Nokia 5210, natch).

If you want to understand how the internet and tech have altered the ways that humans interrelate, you could do worse than read Canadian philosopher Marshall McLuhan. McLuhan never saw the internet—he died in 1980—but the formulation for which

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