IEX `Speed Bump' Seems to Comply With Rules, Finra CEO Says

  • Regulations flexible to accommodate order pause, Ketchum says
  • IEX is seeking approval from SEC to be official stock exchange

IEX Group Inc. should have a clear path to winning Securities and Exchange Commission approval to be a stock exchange despite claims that its trademark speed bump would violate market rules, according to a top U.S. financial regulator.

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