A month after the Securities and Exchange Commission adopted the Investment Company Act rule 22e-4, fund managers are still digesting its implications.
Given todays level of competition, market participants view source code as the key to their success.The firm of Crow and Cushman discusses the implications of Reg AT and how it affects traders.
Whats old is new again as the Equity Market Structure Advisory Committee (EMSAC) has made several recommendations on several initiatives previously put forth while its term, set to expire this year, was renewed for another year.
The Securities and Exchange Commission announced that Chief Economist and Division of Economic and Risk Analysis (DERA) Director Mark J. Flannery will leave the agency by the end of the month.
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.
FINRA's use of broker data to protect investors is under attack: Are they protecting investors or covering for bad brokers?
More change is coming to the equity trading markets of the Great White North.
It's all but official now - BATS Global Markets and Direct Edge Holdings will become a unified company.
Institutional investors welcome the equities market regulator's probe on broker-dealer order routing methodology.
Understanding the likely form of new rules-like Regulation SCI - is essential for traders and investment firms so they can prepare for their inevitable implementation.