Listening to Bloomberg News on the way home from the Bronx Botanical Gardens and hearing a reporter state, ” Eric Schneiderman , the NY STATE AG, is ” looking at Fast Trades ” to determine if they have a ” competitive advantage”. This is the first step in analyzing “dark pools ” with broader powers then the SEC.
Let’s hope there is a basis for significant revenue recapture !
Let’s hope , after shining the light on ” dark Pools” of money, the risky trades are curtailed, leading to a more normalized market.
This is a good beginning.
All the best.
Have a great day.