Legislation passes lower house but Senate is unlikely to approve.
Broker failed to ensure receipts were backed by foreign shares.
Hires of former Goldmans and Deutsche traders to boost Cowen’s electronic trading.
Founder of Virtu, who formerly served in the US Army, will join US government in January.
Asset managers launch swathe of new products to capitalise on ETF boom.
Head trader in RMBS at Goldman Sachs found to have misled clients over pricing and is fined $400,000.
Mary Jo White asked equity committee to consider refinements to circuit breakers, which could exacerbate volatility if triggered.
US listed options volumes saw a 5% surge in June, as Brexit rocks the market.