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  • October 4, 2010

    Stock Crash May Lead to New Rules for Brokers, Gensler Says

    By Jesse Westbrook

    Commodity Futures Trading Commission Chairman Gary Gensler said the May 6 stock-market plunge raises questions about whether brokers and traders should face new rules for handling and disclosing orders.

    Gensler, speaking today at a conference in Washington, said brokers using computer algorithms might need to face limits on price or the size of orders they can execute for clients. He also questioned whether market participants might benefit from “fuller visibility” of exchanges’ order books...

    Read Full Article on Bloomberg.

    Last Updated: October 7, 2010