Regulation & Compliance

Knight Capital Group, the US-based trade execution and asset management firm, has appointed Bradley Duke as head of institutional electronic sales in Europe.

The Securities and Exchange Commission (SEC), the US financial regulator, has issued an emergency order to improve investor protections against ‘naked’ short selling.

Investment bank Credit Suisse has launched a local equities platform in the Middle East and hired several senior staff to its equities business in the Middle East and North Africa (MENA).

The Securities and Exchange Commission, the US financial regulator, has increased its efforts to stamp out the deliberate spreading of false rumours to manipulate securities prices.

As the strategies of hedge funds and more traditional asset managers converge, three categories of buy-side firm are emerging, according to Dr. Anthony Kirby, director, financial services advisory, regulatory and risk management at consulting firm Ernst & Young.

Weeden & Co, a full-service US institutional broker, has teamed with financial software provider Pragma Financial Systems to offer second-generation anti-gaming logic for dark pools.

The Financial Services Authority (FSA), the UK’s financial regulator, is to issue new disclosure rules on contracts for difference (CfDs).

The Securities and Exchange Commission (SEC), the US securities regulator, has proposed rule changes to increase the range of services foreign broker-dealers are allowed to offer in the US.

Turquoise, a pan-European trading platform, received authorisation from the UK’s financial regulator, the Financial Services Authority (FSA), on Thursday to operate as a multilateral trading facility.

The Investment Management Association (IMA) has asked the Financial Services Authority (FSA) to lead efforts to iron out post-trade market data problems following the introduction of MiFID.