Rule Fragmenting Trading Worth Review, Gallagher Says

Bloomberg Business

(Corrects last paragraph of story published on Oct. 4 to report that Direct Edge was not fined by SEC.)

Oct. 4 (Bloomberg) — U.S. regulators should reconsider the 2007 rule change that helped disperse stock trading among more than 50 different platforms and caused complexity that critics say increased malfunctions, Securities and Exchange Commissioner Daniel Gallagher said.

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