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Exchanges, Brokers Face HFT Surveillance Challenge

Although the benefits and drawbacks of high-frequency and algorithmic trading have been debated endlessly, the ability to perform competent and reliable surveillance on these operations is an area often relegated to the back rooms of conferences. James…

Updated: SAC Capital Settlement, Investigation Widens

SAC Capital’s $616 million compounded penalty handed down by the Securities and Exchange Commission (SEC) is an enormous number, but the outcome is both manageable for SAC and, given previous insider investigations, expected. Just the same, other funds…

2012's Financial Crime Coups Raise Stakes, Anxiety

Global regulation was the year’s obsession, but criminal probes─from rate rigging to rogue trading; sanctions violations to insider bets─won the headlines in 2012. Not every financial crime has a ready tech fix, but with buy-side cornerstones like SAC…

Rogue Trading: Leaving Less to Fate

The destinies of fallen traders Jérôme Kerviel and Kweku Adoboli are a matter to be settled, but what firms' compliance desks should be concerned with is clear: The more you know about a rogue trader, the more he or she begins to stand out.

Data on the Move

Developments in regulation and standards such as Fatca and Solvency II, along with reference data needs identified by ISITC, are part of the reason why reference data is definitely not a stagnant part of securities industry operations in the year to date

Facing Up To Fatca

All the signs suggest US anti-tax evasion regulations present major data challenges for firms in 2012. However, it may be possible to derive business benefits through compliance, writes Nicholas Hamilton

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