On January 17, the self-regulatory organizations announced that Thesys Technologies had won the right to build the Consolidated Audit Trail, putting it in charge of what will be one of the biggest financial technology projects in the history of the…
Application aims to enhance market intelligence in bond trading through customizable view of Trace data feeds on a single screen.
Agency-only brokerage taps Ancoa for hosted platform in response to increasing regulatory demand for market surveillance tools.
Thesys choice upsets the status quo.
Vendor selected from 31 bidders to build, implement and maintain the Consolidated Audit Trail.
The announcement of which firm will be responsible for building the massive audit trail could come as soon as tomorrow.
Requiring SROs to report data to obsolete platforms is counterintuitive to the entire industry.
The regulator modified several points of the NMS plan prior to approval.
Is artificial intelligence the key to properly surveilling the markets?
The SEC's project to better understand the impact of changing the tick size for securities of small-cap companies kicks off today.
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.
Appointment of new regional heads aimed at growing presence in Russian, European, American and Asian markets.
Finra Fines Deutsche Bank Securities $12.5 Million for Significant Supervisory Failures Around Research, Trading-Related Information
German bank subsidiary repeatedly ignored red flags and internal warnings from firm's compliance department around its supervision of internal communication.
The failures included missing or duplicate reports, and erroneous data for timestamps and execution quantities, among other data fields.
The hurdles the CAT has faced stem from the SEC giving the power to SROs.
Industry group criticizes SROs; calls for regulatory body to resolve issues before approval of development plan.
The vendor is adding to its technology and sales expertise witih hires in New York and London.
Entry to US market on target as Finra approves BCS’s acquisition of New York-based inter-dealer broker.
What still lies ahead for the Consolidated Audit Trail?
One month ago, on April 27, the Securities and Exchange Commission published its plans for a mandated Consolidated Audit Trail (CAT) for public comment, along with an economic analysis of the initiative, which it estimates will cost the industry $2.4…
Firms will need to focus on their clocks when it comes time to start reporting to the CAT.
Regulators have six months to approve or deny the plan for the consolidated audit trail.
Finra's Tech Aims in 2016: Cyber Security, Technology Management, Data Quality Governance, Outsourcing
This is the 11th year that Finra has produced the Regulatory and Examination Priorities Letter.
OATS reporting violations said to span more than eight years.