Commentary

Joanna Fields
Traders Magazine Online News

Navigating Cybersecurity on a Stretch of "Regulatory Rapids"

In this shared commentary, Aplomb Strategies writes that when considering a firm’s governance structure, a holistic approach makes the most sense.

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February 1, 2003

A Move on Market Structure

By Gregory Bresiger

Market structure reforms will be enacted later this year through a series of new SEC rules. That's according to Annette Nazareth, director of the SEC's Division of Market Regulation. Nazareth says that there is a compelling need to act on reforms as soon as possible. Securities industry groups, such as the Security Traders Association and the Securities Industry Association, have been pushing for regulatory action.

Several of their officials have warned that the SEC is ignoring the critical issue of marker structure. The STA has warned that, in a market crash, the liquidity of many mid-size companies could become questionable.