Regulators Seek Trading Secrets

[DemZad]

"The requests for proprietary code and algorithm parameters by the Financial Industry Regulatory Authority (FINRA), a Wall Street brokerage regulator, are part of investigations into suspicious market activity, said Tom Gira, executive vice president of FINRA's market regulation unit."

http://www.reuters.com/article/2011/09/01/us-financial-regulation-algos-idUSTRE7806J420110901

 

[FightTheFuture]

SEC stealing code for personal use is interesting concept.


SEC to pit trader: Give us your "code".

 

[dtan1e]

this codes r worth billions, sort of like asking coca cola to show its recipe because someone got sick after drinking coke and complained, what will they do next

 

[flowingfunds]

Preposterous. It's as if they aren't satisfied with the billions already under their control.