March 23, 2012
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5:00Now PlayingOct. 21 (Bloomberg) -- Seth Merrin, chief executive officer of Liquidnet Holdings Inc., talks with Bloomberg's Lori Rothman and Mark Crumpton about the Securities and Exchange's regulation of so-called dark pools.
SEC commissioners today voted to propose lowering to 0.25 percent from 5 percent the daily volume in a companys shares that can be executed on the systems before quotes must be made public. Dark pools are off-exchange platforms that investors use to avoid revealing who they are and what they are trading. (Source: Bloomberg)
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