The U.S. Securities and Exchange Commission is considering a rule that would level the playing field between retail investors and high frequency traders. Under the proposed rule, unlicensed high-frequency traders will no longer be able to gain “naked access” to public markets through brokerages that rent out their access.
Continue reading SEC to Vote on ‘Naked Access’ Ban
SEC to Vote on ‘Naked Access’ Ban originally appeared on DailyFinance on Wed, 03 Nov 2010 09:45:00.
Filed Under: Investing, Market News