Financial industry Regulatory Authority (Finra)
FINRA Fines BarCap $1.3M for Reporting ‘Failures'
The failures included missing or duplicate reports, and erroneous data for timestamps and execution quantities, among other data fields.
Sifma Comment Letter Latest in Long Line of CAT Issues
The hurdles the CAT has faced stem from the SEC giving the power to SROs.
Sifma: CAT NMS Plan Has Issues with Duplicative Systems, Cost, Data Security
Industry group criticizes SROs; calls for regulatory body to resolve issues before approval of development plan.
Empirasign Hires in Engineering, BizDev
The vendor is adding to its technology and sales expertise witih hires in New York and London.
BCS Global Markets Close to US Debut Via Alforma Acquisition
Entry to US market on target as Finra approves BCS’s acquisition of New York-based inter-dealer broker.
CAT Concerns: The Biggest Hurdles Still Facing the Massive Audit Trail
What still lies ahead for the Consolidated Audit Trail?
Challenges to CAT Adoption Still Remain
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…
Clocking the CAT
Firms will need to focus on their clocks when it comes time to start reporting to the CAT.
SEC Publishes NMS Plan for CAT, Seeks Public Comment
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.
Finra Fines Goldman Sachs Ex & Clearing $1.8 Million
OATS reporting violations said to span more than eight years.
SEC 15b9-1: Shots Across the Bow
Finra registration could push some options HFTs to the brink.
NRS Releases Module to Address Finra Rule 4530 on Customer Complaints
ComplianceMax (cMax) Customer Complaints Module manages, utilizes and archives info on customer complaints.
Finra Puts the Brake on Cards
Finra CEO Richard Ketchum says regulators will not proceed with Cards proposal until concerns are addressed.
GFI Releases Electronic Trading Platform for Odd Lot Corporate Bonds in US
Service comes via CreditMatch with plans to extend it into a fully-executable CLOB in Q3 of 2015.
Compromise in the Cards
Industry members raise concerns as the potential implementation date for Finra's Cards comes closer
Former Markit, TRACE Exec Lefferts Makes Swift Move
Lefferts was also responsible for the TRACE fixed income reporting feed at FINRA.
Why Clock-Watching is Good
Perseus' Jock Percy looks at the need for clock standardization.
Finra Releases Cybersecurity Practices Report
Eight sections with suggested practices broker-dealers should adopt
The Big Deal with BYOD
The journey of BYOD policies in financial services
Finra Posts 2015 Regulatory, Exam Priorities Letter; New Audit Trail Team to be Created
Outsourcing, cybersecurity & trading tech areas of interest
2014 Review: Cloud Makes Crucial Gains, Despite FinQloud Exit
The financial data industry continued to pursue cloud adoption in 2014 to achieve IT cost efficiencies and manage rising volumes of data, despite one of the key financial cloud players pulling out of the business.
Skepticism Builds for Chief Data, Analytics Officer Roles as CTOs, CIOs Dig In
CDO & CAO roles have been slow to develop on the buy side
Public Cloud Gets Vote of Approval from Panelists at Waters USA
Finra's CIO says public clouds are more secure than traditional DCs