Orc Software: Fear of Regulations Causes Freeze on Buying

Due to the uneasiness over pending regulations in the US, firms are sitting back and waiting to see what will come from the regulators and the Obama Administration, rather than spending to get ahead of the curve and target what they think they will need should the harshest of regulations be passed, says Martin Leamy, president of Americas for Orc Software.

"Investment firms are definitely holding off and I know for a fact that some of these firms have not hired people because they are not sure

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SEC squares off with broker-dealers over data analytics usage

The Gensler administration has ruffled feathers in the broker-dealer community with a new proposal seeking to limit broker dealers’ use of predictive data analytics. But at the heart of this deal is something far more seismic: one of the first attempts by the SEC to regulate AI.

The Cusip lawsuit: A love story

With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.

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