Editor’s Note: The SEC’s Statement regarding Regulation SCI is f0und here.
From: New York Post
By Kevin Dugan
Flash Boys are getting put into the slow lane.
The Securities and Exchange Commission adopted new rules on Wednesday to keep exchanges and so-called “dark pools” safer by requiring more safeguards — a shift that will put more regulation on high-frequency trading platforms.
The new rules, officially called Regulation Systems Compliance and Integrity, or Reg SCI, require more cybersecurity and backup systems, as well as more reporting to the SEC during market disruptions.