Reuters: Regulatory News: US SEC closely reviewing Knight Capital trading glitch

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

US SEC closely reviewing Knight Capital trading glitch Aug 2nd 2012, 22:28 WASHINGTON | Thu Aug 2, 2012 6:28pm EDT WASHINGTON Aug 2 (Reuters) - U.S. securities regulators are looking into the events surrounding Knight Capital Group's trading glitch this week, which roiled markets and wiped out $440 million of the firm's capital. "We continue to closely review the events surrounding yesterday's trading and discuss those events with other regulators as well as Knight Capital Group," Securities and Exchange Commission spokesman John Nester said. "We also are considering what, if any, additional steps may be necessary, beyond the post-Flash Crash measures that limited the impact of yesterday's trading."

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