• A UK FCA study suggesting that “latency arbitrage” is costing investors $5 billion per year globally
• How the more than four-decade path to zero retail commissions provides a road map for how policymakers should approach today’s brokerage-industry margin crunch
• Private equity firms stockpile even more cash, portending IPO-market weakness for years to come
• A change in how the US Department of Labor releases market-moving data
• Two years after SEC staff first cleared it, the Commission finally approves Cboe Market Close to compete with listing-exchange closing auctions
• An SEC advisory committee recommends new disclosures regarding exchange transaction-fee tiers
• Cboe joins big-exchange-group peers NYSE and Nasdaq in proposing reforms that could bring compromise to the market-structure wars
• SEC Commissioner Robert Jackson announces he’ll step down next month, presaging potentially wider-ranging turnover that could fundamentally alter the agency’s direction
• French regulators, in an official report, take a dim view of EU rules separating research and execution payments
• Financial institutions look for the next great leap forward for artificial intelligence