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Goldman Sachs questioned on 'dark pool'

Published on Aug 7, 2014 11:39 PM
 
The Goldman Sachs logo is pictured on their post as traders work on the floor of the New York Stock Exchange in New York on August 4, 2014.  The investment bank disclosed on Thursday that regulators have questioned it over its so-called "dark pool" in the latest sign of increased concern over the unregulated securities trading platforms. -- PHOTO: REUTERS

NEW YORK (AFP) - Goldman Sachs disclosed Thursday that regulators have questioned it over its so-called "dark pool" in the latest sign of increased concern over the unregulated securities trading platforms.

The giant investment bank added its "US alternative trading system" to a list of operations that are under regulatory review or investigation, according to a quarterly securities filing.

The filing gave no other details on the nature of the probe.

Regulators, including US Securities and Exchange Commission chair Mary Jo White, have said more oversight is needed for trading venues like dark pools, which have captured an increased share of overall share trading in recent years.

 
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