April 1, 2014 / 8:37 PM / 4 years ago

U.S. SEC probing high-speed trading

WASHINGTON, April 1 (Reuters) - The U.S. Securities and Exchange Commission has active investigations into high-frequency trading, the head of the agency said on Tuesday.

“We currently have a number of ongoing investigations regarding various market integrity and structure issues including high frequency trading and automated trading,” SEC Chair Mary Jo White said before a Congressional hearing.

The disclosure comes a day after the Federal Bureau of Investigation confirmed it has been conducting a wide-ranging probe into high-speed trading for months, an outgrowth from the years-long crackdown on insider-trading. (Reporting by Sarah N. Lynch; Editing by Bernard Orr)

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