The private trading venues known as dark pools might "need more light," says SEC Chairman Mary...

|By:, SA News Editor

The private trading venues known as dark pools might "need more light," says SEC Chairman Mary Schapiro. Speaking to a gathering of regulators in Switzerland, Schapiro expressed concern that platforms that weren't dark to all participants could lead to an unfair two-tiered market. The U.S. has around 40 dark-pool venues. (previously)