BofA Scrapping Market-Making Unit Amid Trading Scrutiny

``Bank of America Corp. is dismantling an electronic market-making unit created last year to serve the lender's Merrill Lynch wealth-management division, said two people with knowledge of the decision... For Bank of America, "this is either not a profitable business anymore or they don't want to deal with the regulatory scrutiny that's coming," said Joe Saluzzi, co-head of equity trading at Themis Trading LLC in Chatham, New Jersey. "It definitely tells you they're concerned and maybe they're hearing things we haven't."''