U.S. stock-market regulators approved a plan for new rules requiring private trading venues such as "dark pools" to disclose and detail trading activity on their platforms, the Wall Street Journal reported on Saturday. The move would give market authorities their clearest view yet into private markets that claim a growing slice of daily stock dealing and would help police potentially abusive trading practices, according to regulators. The Financial Industry Regulatory Authority's (FINRA) staff are expected to propose the new regulations in the coming weeks, and the Securities and Exchange Commission will need to approve them. The report came after the Washington, D.C.-based regulator's board of governors earlier in the day approved plans for rules that will require alternative trading systems like dark pools to report trading activity on a stock-by-stock basis to FINRA each week, which will be published on a FINRA website.
