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Trade Talk: SEC Facing Thorny Issues with Flash Trading, Dark Pools, Naked Access

by Christopher Keller

December 14, 2009

Regulators have long been concerned with ensuring that investors stand on an equal footing with respect to their access to information about publicly traded companies. However, rapid technological innovation in the markets, including "flash trading," "dark pool" markets and "naked access" is challenging traditional notions of fairness and are posing thorny new problems for the Securities and Exchange Commission.

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