The Bank for International Settlements examined data showing that both fast and slow proprietary traders provide liquidity with contrarian marketable orders, helping the market absorb shocks - even during a crisis - and resulting in profits for traders.
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The National Resources Defense Council urged state governments and power companies to prioritize clean investments and asserted that the U.S. Environmental Protection Agency's Clean Power Plan will keep projected climate progress "on track."
The SEC Associate Director of Enforcement will leave the agency at the end of the month.
The SEC named Christopher Hetner, Senior Advisor for Cybersecurity Policy.
SEC Chair White summarized historical and recent developments in SEC equity market structure rulemakings.