"HFT firms did not exit the market en masse during the May 6 "flash crash," but their aggressive selling contributed to the market's plunge, according to a new report released by federal regulators Friday."
"Banks should integrate their anti-money laundering, or AML, efforts with other loss-prevention measures, said James H. Freis Jr., director of the Financial Crimes Enforcement Network, known as FinCEN, part of the U.S. Treasury Department. At a conference sponsored by the Institute of International
When asked about it, a National Tax Agency official said a foreign entity operating a server in Japan and trading on it could be considered a "permanent entity" for tax purposes. But, he said, the agency couldnt comment immediately on specific cases.
Currently, the Securities and Exchange Commission is evaluating high frequency - which involves lightning-fast, high-volume trading - as part of a broad review of market structure issues. Regulators and lawmakers have expressed concern that certain investors are placed at an unfair disadvantage amid
NEW YORK (Dow Jones)--New guidance from the U.S. government seeks to clarify the scope of information that financial institutions can share in order to be eligible for "safe harbor" protection from civil liability for exchanging that information with one another.