Nasdaq Has Some (Early) Issues With SEC's Market Structure Overhaul
Also, PE and hedge funds' use of non-competes draws scrutiny at FTC forum; Treasury's Steele urges regulators to stay vigilant on crypto
The SEC’s revamp of stock trading rules is so complicated that even firms that clearly benefit from the plan aren’t likely to support every aspect. Case in point: Nasdaq. The exchange was out with a lengthy (and little-noticed) analysis earlier this week that raises some fairly significant issues with some parts of the agency’s proposal.
The company’s c…