The Depository Trust & Clearing Corp. (DTCC)is selling sensitive data that sophisticated traders can use to profit at the expense of more traditional investors, says a new report|Investorsnewstips01|CC BY-SA 4.0

The Depository Trust & Clearing Corp. (DTCC), the clearinghouse that processes US stock trades is taking advantage of small traders in the latest regulatory scandal.

It is selling sensitive data that sophisticated traders can use to profit at the expense of more traditional investors, institutional brokerage, Themis Trading said in a report to clients, Thursday.

Traders at several investment managers, including T. Rowe Price of Baltimore and Baillie Gifford of the UK., told The Wall Street Journal, the practice could undermine their business.

The DTCC disputed the report.