SEC: Input due on proposed trader reporting system
Regulators are seeking comment by June 22 on a proposed trader reporting system aimed at helping the agency identify large market participants and analyze their trading activity.
Regulators are seeking comment by June 22 on a proposed trader reporting system aimed at helping the agency identify large market participants and analyze their trading activity. Under the SEC proposal, firms or individuals whose transactions in exchange-listed securities reach at least 2 million shares or $20 million daily — or 20 million shares or $200 million monthly — would be required to identify themselves to the SEC through a regulatory filing. For more details and information on submitting comment, visit click here.
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