Automated trading could work against investors: SEC chief

Lisa Lambert
Reuters Business

The chair of the U.S. Securities and Exchange Commission on Wednesday raised concerns that automated trading could hurt some investors, and laid out the regulator’s approach to the fast-evolving practice of using algorithms and software to make trading decisions.
“The Commission should identify and address those specific elements of the algorithmic trading environment that may be working against investors, rather than for them,” said Mary Jo White in a speech to the Security Traders Association.

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