Iosco issues guidelines to crack down on dark pools
The International Organisation of Securities Commissions (Iosco) on Wednesday issued a consultation report containing principles to assist securities regulators in dealing with dark liquidity.
The principles are designed to minimise the adverse impact of the increased use of dark pools and dark orders in transparent markets. Hans Hoogervorst, the chairman of Iosco's technical committee, said the principles will "provide regulators with the tools to develop and maintain an appropriate oversight
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