Regulation Archive

March 25, 2014

Addressing conflicts key to HFT reform

Addressing conflicts key to HFT reform

Regulators and policymakers should concentrate on underlying conflicts of interest when regulating high-frequency trading, as the New York Attorney General and Securities and Exchange Commission indicate a greater focus on such market activity. read more>

March 11, 2014

SEC’s Piwowar champions collaborative swaps approach

SEC’s Piwowar champions collaborative swaps approach

Republican commissioner Michael Piwowar of the Securities and Exchange Commission has called for greater cohesion among international regulators as the top US securities regulator prepares to unveil final swaps rules. read more>

February 18, 2014

Execution heads urge Reg SCI re-think

Execution heads urge Reg SCI re-think

Despite a spate of exchange system trading malfunctions, regulators must be wary of overreach when finalising Regulation Systems Compliance and Integrity, two US bulge bracket execution heads have said. read more>

February 11, 2014

Maker-taker rises up SEC reform agenda

Maker-taker rises up SEC reform agenda

A new member of the Securities and Exchange Commission's leadership has highlighted reform to maker-taker pricing models as a particular issue the regulator should consider in its holistic review of US equity market structure. read more>

February 04, 2014

FINRA dark reporting plan approved but concerns remain

FINRA dark reporting plan approved but concerns remain

Mandatory alternative trading system reporting will begin in April after a Financial Industry Regulatory Authority plan gained approval despite the regulator making no changes suggested by the industry. read more>

January 28, 2014

Order routing, tech issues top ICI trading priorities

Order routing, tech issues top ICI trading priorities

US buy-side trade body the Investment Company Institute will in 2014 focus on addressing key conflicts of interest around order routing and supporting industry efforts to reduce the occurrence of disruptions in the US equity market, according to its senior counsel. read more>

January 07, 2014

SEC to focus on stability not dark pools in 2014

SEC to focus on stability not dark pools in 2014

Ongoing calls for greater transparency and continued emphasis on stable infrastructure will dictate priorities for US equity market regulators this year, but the Securities and Exchange Commission will do little to address off-exchange trading, industry insiders predict. read more>

December 17, 2013

Fears over Volcker impact on buy-side liquidity

Fears over Volcker impact on buy-side liquidity

Tighter restrictions on proprietary trading may limit asset managers’ ability to execute in certain markets and result in higher costs linked to sell-side compliance. read more>

November 19, 2013

Glitch fears persist despite exchange collaboration

Glitch fears persist despite exchange collaboration

Exchanges working together to combat technology-related errors last week announced a set of solutions two months after meeting with the top securities regulator, but concerns over future glitches remain. read more>

October 15, 2013

US market moves against SRO status for exchanges

US market moves against SRO status for exchanges

The industry has witnessed a wholesale shift in its approach to US equity exchanges’ status as self-regulatory organisations in recent weeks, led by the regulator and key participants. read more>