SEC Rules Would Boost Oversight of High-Frequency Firms

SEC Rules Would Boost Oversight of High-Frequency Firms
The Wall Street Journal article reporting on the SEC’s unanimous vote to require computer-driven trading firms to register with the Financial Industry Regulatory Authority. Adam Nunes, head of business development at MMI Member firm Hudson River, said the rules won’t be a big change for his firm because it is a member of several exchanges that already outsource regulatory functions to Finra.