Why Did Regulator Have Computer Trading Code On Personal PC?Mark Melin
Tucked into a 2016 Securities and Exchange Commission Office of Inspector General (OIG) report is little noticed reprimand regarding the security of computer trading code that is currently sending chills up the spine of professional algorithmic firms.
The report revealed that an SEC quantitative analyst, empowered to inspect the algorithms behind many of the top fund managers, was charged with improperly requesting and downloading . . .
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