The SEC plans to reform the National Market System this year. Government reform inevitably limits its target. This proposed Simple structure is cheaper, more transparent, and better promotes liquidity ...

Markets are fundamental to economic systems, serving as physical or virtual spaces where buyers and sellers exchange goods and services. While economists generally celebrate the efficiency of markets, ...

On 25 April 2023, the UK Government published the Digital Markets, Competition and Consumers Bill. In this Insight, we consider three key aspects of this draft legislation that are of particular ...

In the recent Market Watch 79, the FCA discusses market abuse-surveillance failures, which are primarily around data and automated alert logic, and its recent peer review of front-running surveillance ...