Securities and Exchange Commission (SEC)
SEC Eyes Risks in Rapid Fintech Deployment
“We’ve hired a few quants that used to design HFT models and worked at HFT firms. We’ve actually been working on—and have a prototype for—high-speed analytics on trading. That’s something our quant team has worked on a lot over the past year."
SEC Delays Ruling on Chicago Stock Exchange's Speed Bump
The Commission extends its deadline for a decision to December 21.
Opening Cross: Nightmares and Data Dreamscapes
Market data is scarier than any trick or treat. So either learn to laugh at the frights, or be ready for things to go bump in the night.
Forcerank Pays Fine, Axes Fees, Prizes After SEC Deems Contests ‘Swaps’
The SEC deemed Forcerank's model constituted an unregulated security-based swaps market.
SEC Changes Fund Reporting Regs
The new reporting requirements will make it easier for investors and the SEC to analyze fund data.
Tick Size Pilot Program Launches
The SEC's project to better understand the impact of changing the tick size for securities of small-cap companies kicks off today.
S3 Rolls Out New Rules Coverage, Looks to Expand Reporting Capabilities
S3's Regulatory Reporting Suite already covers SEC Rules 605 and 611, and the current iteration of Rule 606; while the Finra Pilot Program goes into effect on Oct. 3.
Furthering the Global Legal Entity Identifier System
What still needs to be done to ensure continued increases in registrations?
Rise of the Semi-Transparent (Nontransparent?) Active ETF
Eaton Vance is the first to launch an exchange-traded managed fund, with Precidian (and others) looking to release similar offerings.
Citi Fined $7M by SEC for Trade Data Errors
The fine is the highest imposed by the SEC for violations relating to reporting of "blue sheet" data, which encompasses various types of trade data.
Firms Unprepared for NAV Changes, Audit Expert Says
Starting October 14, US institutional money market fund valuations must float
Is Long-Term Stock Exchange a Silicon Valley Pipe Dream?
Silicon Valley has long been the epicenter of groundbreaking ideas, but Wall Street isn't always an easy place to implement change.
SEC Bolsters Cyber Department with Promotion of Hetner
Christopher Hetner joined the SEC in January 2015. He is GE Capital's former CISO.
CAT Concerns: The Biggest Hurdles Still Facing the Massive Audit Trail
What still lies ahead for the Consolidated Audit Trail?
Show Me the Data!
More firms need to be granted access to the CAT.
Clocking the CAT
Firms will need to focus on their clocks when it comes time to start reporting to the CAT.
Better Balance Needed to Combat 'Regulatory Fatigue'
Regulators need to be more concerned about properly spacing regulations as opposed to simply pushing their mandate.
SEC's Luparello: Stream of Regulations Won't Stop Soon
At Sifma Ops, SEC's director of division of trading and markets said the number of regulations coming down the pipeline won't end anytime soon.
Hot Topics at Sifma Ops: T+2, CAT, Blockchain
Three topics kept cropping up during panels at Sifma's annual operations conference.
SEC Publishes NMS Plan for CAT, Seeks Public Comment
Regulators have six months to approve or deny the plan for the consolidated audit trail.
SEC Combats Errors with Registration Fee Estimator
Regulator wants to continue adding more form types, such as 24F-2NT, the S-8 and the SF-3.
SEC Launches Online Tool for Calculating Registration Fees
The Registration Fee Estimator aims to help filers estimate filing fees and offer guidance on completing the related fee tables.
Reg AT: A Source (Code) of Contention
Regulation Automated Trading was created to protect market integrity and update the CFTC’s rules as algorithmic trading proliferates. There are many areas where there’s consensus agreement as to the benefits of this proposed regulation, but Anthony…
TradeTheNews Bows 13F Filings Wire
The service follows investment firms' 13F filings that detail their holdings in stocks.