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You are here: Home / Archives for new york attorney general

British Bank Barclays Taken to Court under Suspicions of Dark Pool Fraud

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NY Attorney General Eric Schneiderman files lawsuit against Barclays

New York’s Attorney General, Eric Schneiderman, spoke out against the allegedly unsafe dark pool at Barclays, which exposed investors to the risk of predators. In his interview with CNBC, which he gave on Thursday, Schneiderman explained that dark pools are “places where large investors will go to protect themselves from high-frequency traders because there’s less disclosure” – at least in theory. … [Read more...]

Filed Under: Business Tagged With: barclays, dark pool, electronic fraud, eric schneiderman, high speed trading, new york attorney general, unfair trading advantages

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