In a landmark move, the Securities and Exchange Commission (SEC) broadened its regulatory purview, extending oversight to high-frequency trading firms and hedge funds, a significant departure from its traditional focus. The 3-2 vote ushered in a new era of oversight, compelling these entities to comply with stringent capital requirements, registration mandates, and enhanced transaction reportingContinue reading “SEC Tightens Grip on Wall Street: New Rules Impact High-Speed Traders and Hedge Funds”