1. Barclays Sued Over 'Dark Pool'.
- Author
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PATTERSON, SCOTT, JOHNSON, ANDREW R., Hope, Bradley, and Cherney, Mike
- Subjects
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SECURITIES trading , *ACTIONS & defenses (Law) ,NEW York (State). Attorney General - Abstract
The article reports that on June 25, 2014 New York Attorney General Eric Schneiderman sued banking company Barclays PLC for allegedly telling clients who used its so-called dark pool trading venue that it protected them from high-frequency traders, while it actually favored those traders. It has previously been reported that the U.S. Securities and Exchange Commission is investigating how dark pools function.
- Published
- 2014