Wall Street Is Furious Over Rising Fines From SEC
Penalties for technical violations have exploded, prompting the high-speed trader Virtu to litigate rather than pay.
Penalties for technical violations have exploded, prompting the high-speed trader Virtu to litigate rather than pay.
Quants have tried for decades with limited success at the biggest challenge.
Securities and Exchange Commission Chair Gary Gensler has voiced concerns that the current system for executing individual investors’ equity trades ...