BATS Global Markets fined $14 million by SEC for preferential disclosure to HFT firms LeapRate

January 14, 2015 BY Andrew Saks-McLeod

BATS Global Markets fined $14 million by SEC for preferential disclosure to HFT firms

Whistleblower Haim Bodek prompted a complaint by the SEC in 2011 which has culminated this week in a $14 million fine having been issued to two exchanges formerly owned by Direct Edge Holdings, and since acquired by BATS Global Markets

Tag: Haim Bodek

BATS Global Markets fined $14 million by SEC for preferential disclosure to HFT firms

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