The Buy Side’s KYC Moment

When it comes to KYC demands, while the sell side still has it the roughest, over the last two years, the buy side has had to take on a greater share of the burden.

sledding-waters0716

In 1910, Norwegian explorer Roald Amundsen and British naval officer Robert Falcon Scott set sail on rival expeditions to be the first to reach the South Pole. On December 14, 1911, Amundsen and his team successfully reached their destination and he safely led his team back to their ship. Scott and his team reached the Pole on January 17, 1912. Tragically, Scott’s team did not live to tell their tale—they froze to death on their journey back.

Of the many reasons for Scott’s failed journey, one

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Removal of Chevron spells t-r-o-u-b-l-e for the C-A-T

Citadel Securities and the American Securities Association are suing the SEC to limit the Consolidated Audit Trail, and their case may be aided by the removal of a key piece of the agency’s legislative power earlier this year.

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