News, analysis and personal reflections on the markets & the financial sector

Tuesday, October 28, 2008

Regulators look for signs of manipulation near market close

U.S. securities regulators are trying to find out whether firms using the "marking the close" technique are contributing to explosive volatility on stock markets near the close of trading. The Financial Industry Regulatory Authority said it was taking "an extra close look" at the situation.

more at http://www.reuters.com/article/ousiv/idUSTRE49M8WC20081023

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