Regulation
Regulatory Uncertainty Hinders AI Innovation
Firms are reluctant to move ahead with AI technologies as there is little regulatory guidance on its ethical implications, exchange providers say.
Finra CAT Taps CenturyLink for Private-Link Reporting
Industry members are also being asked to focus on large-volume trades for December’s deadline.
Societe Generale to Offer Clients KYC Service via an API
The French bank plans to make its KYC offering available to external clients by the end of the year as it continues to enhance SG Markets.
Nasdaq Eyes Blockchain Project for OTC Markets
Technology provider's effort to track the lifecycle of a digital asset moves beyond the proof-of-concept phase.
SEC, FIF Seek End to Rule 606 Compliance Confusion
At an SEC meeting Thursday, September 12, the regulator and association attempted to clarify the correct interpretations of guidance surrounding the new rule.
Wavelength Podcast Ep. 171: FactSet's Rich Newman on Open Data
Rich Newman joins to talk about challenges facing the alternative data space and why open data is becoming increasingly important.
FCA Working on New Data Analytics Program
The UK regulator has moved much of its data to the cloud and is using more advanced analytics as it seeks to better regulate evolving financial firms.
SEC Looks to Penalize Further CAT Delays
While still not a formal approval of new timelines, industry members should expect CAT deadlines to remain unchanged.
SEC Cites Broker Systems Complexity in Rule 606 Delay
The delay pushes quarterly reporting requirements and reporting of self-routing activity to Jan. 1, 2020.
Industry Bodies: EU Consolidated Tape Needs Strong Governance by Esma
Esma will use the submitted responses to draft its advice on market data costs and the European consolidated tape, which will be presented to the European Commission in December.
Wavelength Podcast Ep. 170: A European Consolidated Tape
Josephine Gallagher and Anthony Malakian discuss the merits of a European consolidated tape and how it relates to the CAT.
Finra CAT Lays Out Security Plans
Finra CAT will lean heavily on AWS to help ensure that the database is secure.
The Future of Cloud Regulation: The Authorities Take Notice
A look at how regulators could approach supervising public cloud companies in the future.
China Industrial Securities Taps Bloomberg for its Buy-Side Offering
Regulation and growth have pushed the investment firm to go with Bloomberg’s front-to-back suite of solutions.
Blockchain’s Standards Dilemma
An examination into how the industry is trying to create standards around blockchain development.
Plato’s Planned Platform Could Serve as Precursor to European Consolidated Tape
Industry experts say not-for-profit organization is building a post-trade market data platform that could be a precursor to an EU consolidated tape.
Swift Develops API to Automate KYC Registry Data Consumption
The API was recently made available to all registry customers, with plans to offer a 'proactive API' next year to push new and updated data.
Consolidated Tape Will Not Make Data Cheaper
Market data consumers will still have to buy feeds from the providers, says FIX co-chair.
Bloomberg Expands Regulatory Reporting Suite with RegTek Buy
Bloomberg hopes to offer wider reporting services for regulatory schemes across the globe.
Wavelength Podcast Episode 168: A Look at the Hemp Market
Julie Lerner joins to talk about the hemp market and PanXchange's launch of a hemp exchange.
World Bank: Blockchain Could Reduce Settlement Time to Seconds
A year after issuing the first blockchain-traded bond, the lender says blockchain technology could drastically cut settlement times and costs.
Firms Struggle with SM&CR Compliance and Preparations
As all FCA-regulated firms will fall into scope of the Senior Managers and Certification Regime by the end of the year, concerns emerge on how to implement the regulation.
Regulating Cryptocurrencies and the Investors’ Search for Clarity
Few regulations around cryptocurrencies exist but institutional investors, already wary of fully entering the market, want countries to provide clear statements laying out how these new assets will be treated. By Emilia David
Crypto Futures: A Murky Tomorrow
As institutional interest in cryptocurrencies grows, new and old exchanges are now turning to futures contracts to grow institutional interest. After fits and starts, crypto futures might be nearing a tipping point.