'Worst Rule Proposal.' Robinhood Gathering Lays Into SEC's Data-Analytics Plan
Also, CFPB's latest court loss shows Biden's regulators have a 'major questions' problem; credit unions pan consumer bureau in poll
It’s not just the Robinhood rule.
That was the message as a group of former SEC officials and top industry lawyers gathered at the firm’s Washington offices today to critique a recent agency proposal on brokers’ use of data analytics and artificial intelligence. The regulation, they emphasized, is so broad that it will hit pretty much any firm that manag…
Keep reading with a 7-day free trial