Canadian regulators are considering whether a circuit breaker policy applied across market centers is appropriate, among other electronic trading issues.
A committee of the Securities Industry and Financial Markets Association told the Financial Industry Regulatory Authority it should form a committee to examine disputes about information on its BrokerCheck Web site.
The nearly 1,000 point drop in the Dow Jones Industrial Average on May 6 is triggering reactions among commentators on the Securities and Exchange Commission’s concept release on equity market structure.
In light of the heavy dose of regulatory requirements this year, the Securities Industry and Financial Markets Association has asked the Securities and Exchange Commission to try to coordinate with other organizations making changes.
The Securities and Exchange Commission and the Commodity Futures Trading Commission have made little headway in harmonizing securities and commodities regulation, according to the Government Accountability Office.
A proposal from the Financial Industry Regulatory Authority to give the organization broader controls over approvals of new or continuing memberships is flawed and should be revamped, according to the Securities Industry and Financial Markets Association.
The Financial Industry Regulatory Authority has warned broker-dealers sponsoring access to the markets that they ultimately are responsible for their participants' trading activities.
Firms and industry groups have urged the Financial Industry Regulatory Authority to abandon a complicated set of planned provisions related to the way retained associates' status is classified.
Bulge bracket investment banks should outline how they can control risk within their current corporate structure as a way to combat the bank restrictions President Barack Obama proposed Thursday, according to Doug Landy, head of U.S. bank regulatory practice at Allen & Overy.
Responses to a call from Canadian regulators for comment on the impact dark pool, indications of interest and smart order routers on the market have given regulators an idea on how they might reconfigure market structure in the country.
The Financial Industry Regulatory Authority should take a step back before asking firms to adhere to a strict 30-second time limit for some transaction reports, according to James Downing, chief compliance officer at Cheevers and Co.
The Financial Industry Regulatory Authority has asked for comments on how to consolidate NASD and New York Stock Exchange rules on discretionary trading for clients.
The Securities and Exchange Commission and the Commodity Futures Trading Commission may have difficulty filling the hundreds of new positions that will be created if over-the-counter derivatives regulation passes, according to James Overdahl, chief economist of the SEC.
Mary Schapiro, head of the Securities and Exchange Commission, emphasized that a regulatory review of alternative trading systems and a fiduciary standard for investment regulation will take some time.
Congress is micromanaging issues that should be left to the Securities and Exchange Commission, market leaders said in a panel on market structure at the Securities Industry and Financial Markets Association’s annual meeting today.
Financial firms are divided over the areas regulators need to focus on, according to executives speaking at the Securities Industries and Financial Markets Association annual meeting on Tuesday.
Mary Schapiro, chairman of the Securities and Exchange Commission, told WSL sister publication Derivatives Week this morning she believes a derivatives reform bill could be on President Barack Obama's desk before year-end.
The report on harmonization released last week by the Securities and Exchange Commission and the Commodity Futures Trading Commission was a bit disappointing, according to Gary Katz, ceo of International Securities Exchange.
Proposals to adopt different versions of a transaction tax globally are the most concerning of all regulatory proposals for global exchanges, according to Gary Katz, president and ceo of the International Securities Exchange.
The Securities and Exchange Commission has unanimously approved proposing rules to make the dark pool market more transparent.
The U.S. House Financial Services Committee passed a revised bill today that would mandate both clearing for a significant chunk of over-the-counter derivatives and trading on exchange or electronic platforms—an about-face from the previous discussion draft, according to WSL sister publication Derivatives Week.
The Securities and Exchange Committee is in the process of drafting a concept release focused on transparency in the equities market, including dark pools and high frequency trading.