Virtu CEO ‘Alarmed’ by SEC Effort to Overhaul Stock-Trading Rules

Written By Anand Patel

Virtu Financial Inc. Chief Executive Officer Doug Cifu criticized the US Securities and Exchange Commission and Chair Gary Gensler’s efforts to change the way equity trades are processed, saying that proposed changes could hurt financial markets.

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Anand Patel
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Without Registering as Stock Exchanges, Citadel Securities and Virtu Financial Account for More Stock Trading than the New York Stock Exchange