ICE launches broker-dealer quotation transparency service for fixed income
The new service is aimed at helping participants meet new requirements resulting from recent amendments to the Securities and Exchange Commission (SEC) rules.
Tag: SEC
The SEC’s Division of Trading and Markets appoints new directors
Professor of finance at MIT has been appointed director, while the SEC’s acting director has been promoted to deputy director.
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MEMX asks SEC to reject ‘deeply flawed’ proposed changes to US equities data fees
According to the members exchange, the proposed changes to fees are subject to a conflict of interest and would further cement incumbent venues monopoly over market data.
Trading in meme stocks tested the resiliency and capacity of markets, SEC report concludes
The SEC's investigation into the market volatility caused by trading in GameStop stock back in January, raises questions about the market efficiency of short selling and the possible effects of acute margin calls on thinly-capitalized broker-dealers.
FICC to pay $8 million for inadequate risk management policies
Securities and Exchange Commission found that FICC’s risk failings could’ve resulted in significant costs for participants and the wider US financial system.
RBC to pay $800,000 for municipal bond unfair dealing ‘flipper’ charges
The Securities and Exchanges Commission (SEC) found that RBC allocated bonds intended for institutional investors to parties who then resold them to broker-dealers at a profit.
Former SEC chairman Clayton joins crypto platform Fireblocks as advisor
Jay Clayton joins Fireblocks, which allows institutional investors to transfer and issue digital assets across jurisdictions, an advisory board member.
SEC and ECB agree to share regulatory information on security-based swaps
The agreement will allow the two regulators to exchange information relating to major security-based swap participants.
Broadridge selects former SEC counsel for chief legal officer
New chief legal officer at Broadridge will replace Adam Amsterdam who is retiring after serving in the role for almost 30 years.
SEC appoints new trading and markets acting director
New regulatory appointment will replace Christian Sabella, who served at the agency for the past 10 years.