SEC Mulls Exchange Plan To Loosen Trade Info Barriers

By Ed Beeson (January 6, 2015, 5:25 PM EST) -- The U.S. Securities and Exchange Commission has launched proceedings to decide whether to approve an exchange operator's bid to give broker-dealer clients a peek at how their affiliated market makers trade, or deny the plan amid concerns it would harm investors if it meant they get poorer trade execution.

International Securities Exchange Holdings Inc., a unit of Deutsche Borse AG, has proposed removing one part of a two-way information barrier it has established between member firms' market maker units and their electronic access members, which trade on behalf of customers on an agency basis. 

"As amended, ISE Rule 810 will allow...

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