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.
Tag: SEC
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.
DTCC approved as data repository for upcoming US swaps reporting rules
The DTCC has become the first security-based swap data repository in the US following the regulator’s approval for the new swaps reporting regime.
Nasdaq gets green light from SEC for volatility index options
Nasdaq plans to launch the volatility index options later this year, following the approval from the US financial regulator.
ETFs
Active ETFs: Europe has a way to go
As Europe is yet to see the significant uptake in actively managed ETFs that the US market has experienced, Annabel Smith asks why that is and how active ETFs operate.
US Senate approves Gensler for SEC chair role
Approval from the US Senate follows the appointment of Gary Gensler as chairman of the SEC in January earlier this year.
Cboe gets green light from SEC to launch US equities periodic auctions
The US equities periodic auctions are expected to launch at Cboe during the third quarter of this year.