On September 15, 2015, at 9:45 a.m., the Healthy Markets Association will hold a press conference at the National Press Club in Washington, D.C. to officially launch the organization, announce its Founding Members and discuss Healthy Markets' new report, The Dark Side of the Pools: What Investors Should Learn From Regulators' Actions. Senator Mark Warner (D-VA), a capital markets expert and Ranking Member of the US Senate's Securities, Insurance, and Investment Subcommittee, will be providing remarks.
WHO: Healthy Markets Association and Sen. Mark Warner (D-VA)
WHEN: September 15, 2015
TIME: 9:45 am
WHERE: Zenger Room
National Press Club
529 14th Street, NW13th Floor
WHAT: Healthy Markets Association release of new report into "Dark Pools"
From the "Flash Crash" to "Flash Boys" to Congressional hearings, the world has been learning in recent years that stocks and other financial instruments are being traded at nearly the speed of light. One of the great advancements in recent decades has been the rise of so-called "dark pools." Large institutional investors seeking to minimize market impact and information leakage have increasingly turned to dark pools to get their large trades done at the best price.
Unfortunately, the rapid technological revolution in our markets and the slow evolution of regulations, have left investors exposed to unprecedented abuses—including in dark pools. This Report outlines how some dark pools have abused investors in the past, and outlines concrete steps investors and regulators can take to better protect investors.