Securities and Exchange Commission (SEC)
CAT Delayed Further as Thesys Ousted, Finra Tipped as Successor
US Consolidated Audit Trail consortium fires database processor in shock move.
SEC Taps FIF Vet Kimmel to Oversee CAT Implementation
After a decade leading data industry association the Financial Information Forum, Kimmel is well-versed in directing industry-wide initiatives.
US SIPs Must Evolve or Face Uncertain Future
Traditionally, the core of the US market data ecosystem has been the SIP feeds that consolidate data from all US exchanges. But as the cost of exchange data continues to rise, some firms are finding the US consolidated tapes to be a SIP that’s hard to…
Navigating the ESG Reporting Maze
An analysis of some of the major initiatives to improve corporate reporting of environmental, social and governance factors to help investors better price-in risks and opportunities and make meaningful comparisons of company performance.
Challenging US Exchanges Will be Uphill Battle for MEMX, Experts Warn
An industry initiative to start a new US exchange promises much, but it may struggle to deliver without a clearer purpose.
CAT Roll-Out Smooth, but System Still Needs Work
There were no major hiccups when the CAT was rolled-out to SROs on November 15 but it is still not ready for full industry implementation.
After Delays, CAT Reporting Begins Tomorrow
The Consolidated Audit Trail will begin receiving reports on November 15, a year after it was supposed to start.
STP: Shedding the Leftover Inefficiencies
The age-old problem of achieving straight through processing remains a challenge for some buy-side firms today. But time is running out.
The Exchange Data Fee Debate: Trick or Treat?
For some, the SEC's scrutiny of exchange data fees is scarier than ghouls, goblins and a toddler's Halloween candy-induced sleeplessness.
Alt Data’s Ethical Day of Reckoning
With the alternative data industry projected to be worth over $350 million by 2020, it's time to consider whether financial services is on the brink of its own Cambridge Analytica moment or if it is simply time for an alt data ethics evaluation.
Nasdaq, User Groups Fire Opening Salvoes in Looming Battle Over SIP Data Fees
As the SEC prepares to host a two-day event to tackle market data access and fee issues, industry user groups and Nasdaq have laid out their positions on SIP reform. Max Bowie reports.
SEC CIO Dyson Leaves, Moves to NY Fed
Pamela Dyson will leave the commission and take up a role as CIO at the Federal Reserve Bank of New York.
BitGo Gets Trust License, Launches Crypto Custody Service
BitGo says the trust license lets it offer regulated and protected custody of crypto assets.
SEC Still Reviewing CAT Deadlines
The Commission says it is open to providing leeway to broker-dealers if the CAT cannot accept some trade data.
Wavelength Podcast Episode 131: More Bitcoin ETFs & More State Street-Charles River
There’s still a lot more to talk about when it comes to the order management system and bitcoin exchange-traded fund spaces.
Traders Urge Caution on Potential Bitcoin ETFs
Senior industry figures say it may be too soon to create financial products based on cryptocurrencies.
Bitcoin Advocates Seek to Navigate ETF Maze
A new application to list a bitcoin ETF has reignited the debate over these products, but traders say the solution is far from easy.
Wavelength Podcast Episode 128: Agile Challenges; CAT Plan Questions
Eze Software’s Phil Christianson gives five tips for improving a firm’s use of the Agile methodology, and Anthony and James look at the latest CAT development.
CAT Contract May Need Amendments to Protect Personal Data
If a House bill seeking to ban the gathering of PII data passes, plan processor says it will wait for guidance from the NMS committee.
US Regulators Strengthen Ties with New Agreement
Derivatives and equity market regulators sign updated memorandum.
Senior SEC Staffer Says Bitcoin, Ether Are Not Securities
Digital currencies themselves do not qualify as investment contracts, regulator says, but could when packaged.
Wavelength Podcast Episode 125: Bitcoin, Ether Aren't Securities (Maybe); Privacy Issues and the Law
The SEC takes a definitive stance on the status of cryptocurrencies; the idea of privacy consistently changes with the introduction of new technologies.
US Regulators Release Final Rules for T+2
The final ruling from two US prudential regulators aligns both agencies with the markets regulator.
Reference Data Standards Reaching ‘Peak Implementation’
The wide adoption of reference data and accompanying standards creates both opportunities and challenges, said Cusip Global Services vice president and COO at the North American Financial Information Summit.