Troy Paredes and Lee Schneider talk with Jon Clark about the firm's efforts to build a company with the mission of affording institutional investors another choice centered on trading a large block of shares, rather than accessing the moment-to-moment liquidity of stock markets.
Are ATS-N Filings the Worst and Least Helpful Investor Disclosures of All Time?
The SEC deserves credit for combating market abuses, however, the solution requiring ATSs to disclose them to you in advance in their Form ATS-N has buried investors with so much information that it becomes almost useless. Why should we care about ATS-N? Read Jim Dolan's recent piece in TABBForum.