Asic dark pool rules tipped as regional model

Regulators scrutinising dark pools should take note of recent recommendations from Australia's securities watchdog, argues Lee Porter, Asia-Pacific head at alternative trading venue Liquidnet. The Australian Securities and Investments Commission put forward new rules in March with flexibility and proper surveillance techniques rather than imposing a rigid, one-size-fits-all framework, he notes. Asic's proposals for dark pools could, if implemented, prove a role model for others to…