Editor’s Note: The SEC’s Statement regarding Regulation SCI is f0und here.
From: New York Post
By Kevin Dugan
Flash Boys are getting put into the slow lane.
The Securities and Exchange Commission adopted new rules on Wednesday to keep exchanges and so-called “dark pools” safer by requiring more safeguards — a shift that will put more regulation on high-frequency trading platforms.
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The new rules, officially called Regulation Systems Compliance and Integrity, or Reg SCI, require more cybersecurity and backup systems, as well as more reporting to the SEC during market disruptions.
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