Cross Market Equities Supervision: Potential Manipulation Report

FINRA has developed a new report to assist firms with monitoring their supervision for trading behaviors that may be designed to manipulate the market. This new Cross Market Equities Supervision: Potential Manipulation Report displays exceptions around two behaviors—layering and spoofing - concerns  recently highlighted in FINRA’s 2016 Regulatory Examination Priorities Letter.  During the course of the program, we discuss the content, functionality, and anticipated usage of the report.