Securities and Exchange Commission (SEC)
SEC's First-Ever COO to Leave Regulator in February
Jeffery Heslop was named the SEC's COO in 2010.
CAT Selection Shows Industry's Interest in Change
Thesys choice upsets the status quo.
Thesys Selected by SROs to Build Massive Audit Trail
Vendor selected from 31 bidders to build, implement and maintain the Consolidated Audit Trail.
Decision to be Made on CAT Plan Processor Soon, Sources Say
The announcement of which firm will be responsible for building the massive audit trail could come as soon as tomorrow.
The Death Knell Sounds for Reg AT's Source-Code Provision
With chairman Massad leaving the CFTC and commissioner Giancarlo likely to have a greater say, the source-code provision may be in trouble...if not the rule as a whole.
MIAX Preps Complex Order Market Data Products
The announcement follows MIAX's recent approval to list complex order products on its exchange.
Fintechs Firms May Soon Get Bank Charters
But for the moment, fintechs in the capital markets space will not be covered.
CAT Needed Now More Than Ever
The Consolidated Audit Trail is exactly what the industry needs right now.
Clock Synchronization for CAT Plan Still Lacking, Sources Say
Questions remain about whether the current clock drift between exchanges and broker-dealers will allow for accurate data.
Confluence Adds New Reporting Forms to RegTech Platform
Updates include reporting using Form N-PORT and Form N-CEN.
Waters Wavelength Podcast Episode 44: Fintech vs Regtech
Dan and Anthony debate the difference, or lack thereof, between firms labeled fintechs and regtechs.
Duplicate Reporting Remains Major Issue for CAT Going Forward
Requiring SROs to report data to obsolete platforms is counterintuitive to the entire industry.
SEC Approves CAT Plan, Will Select Firm to Build It Within 2 Months
The regulator modified several points of the NMS plan prior to approval.
CHX Moots LTAD Pilot To Allay Market Maker Concerns Over ‘Speed Bump’
CXH hits back at claims that its liquidity-taking delay is designed to garner more market data revenues for the exchange.
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.