The SEC Approves The Investors Exchange Speed Bump

What next?

MARK D. SCHORR, CROW & CUSHING

The debate that engrossed observers of the equity markets over the application of the dark pool featured in Michael Lewis’s Flash Boys:  A Wall Street Revolt, has faded.  As well, the Investors Exchange LLC (“IEX”), application for approval as a public exchange has died down for the time being.  What may reignite the controversy is the filing of a suit threatened by other exchanges or high frequency traders, or both, challenging the SEC’s June 2016 decision...

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