Bill Introduced in House to Require SEC Obtain a Subpoena Before Compelling Production of Algorithmic Trading Code
October 06, 2017
A Bill was introduced in the House on October 4, 2017, to amend the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940 and the Investment Advisers Act of 1940 to require the SEC to obtain a subpoena before compelling production of algorithmic trading source code and analogous intellectual property from registrants.