CFTC’s TAC Gives Little Insight on Reg AT’s Fate
The Technology Advisory Committee didn't have much to say about Reg AT as commissioners Quintenz and Behnam appear to disagree on how to proceed.
Since that last meeting, there’s been a fair degree of skepticism about whether or not a rule proposed during the Obama Administration, Regulation Automated Trading (Reg AT), would survive a complete changing of the guard at the CFTC.
Reg AT was created as a way to reduce risk as trading becomes increasingly machine-driven, while also providing greater transparency and systems oversight to—hopefully—lessen the damage and occurrence of trading glitches that send the markets into a free fall and
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