Visa and Credit Suisse are in ongoing negotiations with the New York attorney general and the Securities and Exchange Commission ( SEC ) over alleged unfair practices related to their dark pool trading venues . Both banks are said to be negotiating huge fines , with Credit Union 's possibly in the high tens of millions . Regulators have been scrutinising dark pools for several years , and it now appears that they have reached the enforcement stage of the process .
Barclays and Credit Suisse are in settlement negotiations with the New York attorney general and the Securities and Exchange Commission (SEC) over alleged unfair practices related to their dark pool trading venues. Both banks are said to be negotiating huge fines, with Credit Suisse's possibly in the high tens of millions. Regulators have been scrutinising dark pools for several years, and it now appears that they have reached the enforcement stage of the operation.