A month after the Securities and Exchange Commission adopted the Investment Company Act rule 22e-4, fund managers are still digesting its implications.
In this week's On the Move, JP Morgan forms a new market execution team while several other firms make changes at the C-level.
Just two weeks after the U.S. Presidential election and the subsequent announcement by Chairman Mary Jo White that she would be leaving the Commission at the end of the current administrations term, a second top regulator is leaving. Stephen Luparello, Director of the Division of Trading and Markets, will leave the agency by the first of the year.
Changes at the top highlight this week's personnel moves in the securities space. check out who's new at ICAP, GTX and Eze.
Commissioner Scott O'Malia of the Commodity Futures Trading Commission (CFTC) is on a mission. He says the process of writing new over-the-counter derivative contract rules needs more transparency. Over the past year he has repeatedly called for more roundtables and public comment on how rules are written. Why is this important? Because these rules, among other things, will determine which OTC derivative contracts must go through a clearing process and which ones can continue to use the old bilateral, dealer-to-dealer model.
Today's traders must manage their emotions in order to reach peak performance.
Instinet Promotes Kellner to CEO
The Second-Term Mandate: A Q&A with Patrick Armstrong
Traders assembled a deep bench of judges to select the top U.S. universities that produce the most impressive candidates each year in the field of trading.
A look at the financial industry's prominent hires, promotions and other notable happenings inside Wall Street's trading community.