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Firms Frame Canadian Dark Pool Debate

--Edward Beeson Responses to a call from Canadian regulators for comment on the impact dark pools, indications of interest and smart order routers on the market have given regulators an idea on how they might reconfigure market structure in the country. Nearly two dozen broker/dealers, investment managers and industry groups responded to the Canadian Securities Administrators' and the Investment Industry Regulatory Organization of Canada's joint call for comment. Regulators said feedback from the consultation and a planned roundtable will help shape any future reforms, although no decisions have been made as to whether regulatory changes are necessary. An official from a ...

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