Regulation

FCA extends accountability rules

Individuals working at HFTs and within algorithmic-trading functions at banks will be covered

FCA extends accountability rules
Photo: iStockPhoto

Senior individuals working at high-frequency trading firms and within algorithmic-trading functions at banks will be covered by new accountability rules.

The Financial Conduct Authority on February 4 confirmed that that new rules aimed at improving individual accountability at banks will also include traders.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump