Program Trade Reporting Talks Launched By SEC

THIS WEEK'S LEAD STORIES

The Securities and Exchange Commission called a meeting in Washington D.C. Sept. 7 to get vendor input on the issue of intra-day program trade reporting.

The meeting, attended by representatives of major quote vendors and price reporting authorities, followed similar pulse-taking sessions with groups of broker/dealer and exchange officials.

Someone at the SEC believes that keeping the public regularly informed of the degree of program trading activity will help restore retail investor confidence

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