Invesco’s Cronin Has SEC Playing Catch-Up on Safe Trading

Kevin Cronin, global head of trading at Invesco Ltd., wasn’t going to wait for the U.S. Securities and Exchange Commission to protect his customers.

In a world of robotic trading and dark pools, where stock buyers can have no idea where their orders go or how much in fees their broker might be paying or receiving, Cronin has assembled a team of equities detectives over the last few years to make sure his clients get fair deals. The number of times trading platforms have subsequently been temporarily blocked from handling Invesco orders “gets into the double-digits,” Cronin said.