SEC approves rule to address computer trading risks

The Reg SCI rule is in response to dramatic increase in computerised trading

Market regulators approved a new rule putting in place more stringent safeguards and oversight for computer trading on US stock and options markets.

The rule, proposed in March 2013, is a response to the dramatic increase in computerised trading in recent years and the ensuing glitches that have plagued markets and harmed investor confidence.

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