FINRA chief Richard Ketchum has a puzzling message for the industry he regulates: Keep the malfeasance coming.
The SRO said a couple of interesting things today. One is that it plans to clamp down on dark pools, high-speed trading and complex products before Congress feels its necessary to have the SEC do it. The second is that it filed more enforcement actions last year than ever before.
“It’s nice to see an upward trajectory,” Mr. Ketchum said.