Tag: Knight Capital

SEC Approves Rules to Strengthen Stock Markets Technology

SEC Approves Rules to Strengthen Stock Markets Technology

The Securities and Exchange Commission (SEC) approved new rules intended to strengthen the technology infrastructure of the stock markets on Wednesday. The commissioners voted unanimously to adopt Regulation Systems Compliance and Integrity (Regulation SCI). The regulation requires certain market participants […]

Knight Capital Settles SEC for $12 Million

Knight Capital Americas LLC agreed to pay a penalty of $12 million to settle the charges filed by the Securities and Exchange Commission (SEC) related to violating market access rules related to the company’s trading incident that disrupted the markets […]

Italy Becomes First Country to Tax On HFT

Italy Becomes First Country to Tax On HFT

The Italian government has decided this week to blaze a trail in the regulation of high frequency trading by approving a tax aimed at curbing the super fast computers which all too often lead to a variety of mishaps. The first-of-its-kind tax of .02% […]

Goldman Sachs: Officially Above the Law

By Philippe Herlin – Researcher in finance / Contributor to Goldbroker.com Now it’s clear, and we got proof, even though we sort of knew already : Goldman Sachs Group Inc (NYSE:GS) is above the law. On August 20th, this prestigious business bank is stung with a […]