SEC Chairman Mary Schapiro's Introductory Remarks at SEC’s Market Technology Roundtable; Webcasts
In this speech at the SEC Technology Roundtable, Chairman Schapiro states that the two basic concerns on which the SEC should be focusing are:
- market structure (e.g., multiple execution venues, the presence of high-frequency trading, and dark pools); and
- market infrastructure (i.e., the technology that undergirds trading activity).
The roundtable focused more specifically on infrastructure. This was, according to Schapiro, not only because of infrastructure's importance, but also because of a "worry that this issue is at risk of being lost and subsumed by the broader debates regarding market structure."
View speech in full here (links externally to SEC website).