The US Securities and Exchange Commission will consider how to improve oversight of electronic trading platforms for corporate and municipal bonds after adopting disclosure requirements for stock “dark pools” this week.
SEC Chairman Jay Clayton said he has asked staff to recommend “whether there are opportunities to enhance the framework for oversight” of fixed-income trading venues.
The chairman’s request Wednesday comes amid a push by the two Democratic commissioners for more bond platform disclosures about conflicts of interest. An SEC private-sector panel this week also urged unification of the fragmented oversight among these markets.
SEC's Clayton orders review of bond electronic trading oversight
19 July 2018 10:20pm