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FINRA Initiates Probe Into Goldman’s “Trading Huddle” And Comparable Practices By Other Wall Street Firms

11 hours ago ago from Wealth.net

Could it be that the regulators are finally set on doing the one thing they are paid to do, i.e. regulatoring? Perhaps, especially when they are presented with all the data on a silver platter, as the WSJ did some time ago . The same WSJ reports that FINRA has now started a probe into the practice known as trading huddles which is merely another phrase for providing the best, most actionable data to one's preferential clients, and also a very ...

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