Search
 

Upgrade to Stock Exchange Technology Rules

SEC approves rules designed to minimize likelihood that tech problems at Nasdaq, NYSE, Bats exchanges, and dark pools will have significant market impacts.

By Dave Michaels, Bloomberg | Updated on November 19, 2014

U.S. regulators required stock exchanges to show they can prevent technology disruptions under new rules intended to limit the frequency of malfunctions that have undermined investor confidence.

The Securities and Exchange Commission (SEC) voted unanimously today to approve rules that will cover the Nasdaq Stock Market, the New York Stock Exchange (NYSE), and venues operated by Bats Global Markets Inc., as well as dark pools including those owned by Credit Suisse Group AG and UBS AG. The SEC will separately consider expanding the rules to brokers, such as Citigroup Global Markets Inc. and Citadel Securities LLC, that fill orders themselves away from exchanges.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.