Committee on Capital Markets Regulation Seeks To Address Market Rigging
Posted: Wed Jul 27, 2016 4:48 pm
A blue-ribbon panel consisting of Wall Street executives, hedge fund titan Ken Griffin at Citadel, Kenneth Bentsen Jr., head of the Securities Industry and Financial Markets Association, and representatives of trading firms and investment banks, is proposing a set of reforms aimed at restoring confidence in the stock market, according to an article published by CNBC today.
The Committee on Capital Markets Regulation has released a list of changes it believes will make the market function better, in response to charges of a “rigged” market fuelled by a series of well-publicised malfunctions.
Flash Boys
Michael Lewis made the “rigged” accusation following the 2014 ... (read more)