Financial industry Regulatory Authority (Finra)
People Moves: FINRA, Tassat, Eventus Systems, Willis Re and Big XYT
A look at some of the key 'people moves' from this week including Greg Ruppert (pictured) who joins Finra as executive vice president.
Industry Given CAT Relief Due to Coronavirus [UPDATE]
The SEC has released a no-action letter, delaying deadlines for the Consolidated Audit Trail until at least mid-May.
CAT Seeks Approval to Mask Personal Data
The CAT is required to gather personal information, but the CAT NMS committee wants to use a masking method for security.
MEMX Builds Out Infrastructure as it Waits on Regulatory Approval
The exchange’s CEO and COO discuss its matching engine, Intel partnership, cloud strategy and plans for the future.
Machine Learning Takes Hold in the Capital Markets: Some Examples
WatersTechnology looks at 16 projects in the capital markets that involve machine learning to show where the industry is heading.
Ahead of Test, CAT Faces Hurdles with Reporter Agreement
Sources say broker-dealers have not yet signed an agreement allowing them access to the test environment.
This Week: AWS Quantum, Nomura/Pico, Broadridge, Instinet
A summary of some of the past week's financial technology news.
New York Fed Eyes Machine Learning to Predict Misreporting
The regulator's goal is to decrease the back and forth during reporting and predict misreporting.
Exegy Gets Expanded CAT Role Under Finra
The vendor will be providing more data capture and processing services for the CAT than when originally selected as part of Thesys Technologies' failed CAT offering.
Microsoft Trials CAT Offering with Broker-Dealers
The technology giant is carrying out pilots on an Azure-based service for the SEC's CAT that will be ready for use within six weeks.
People Moves: SS&C, IEX, Quandl, Pico, ACA, Orbital Insight, Thasos
A look at some recent key people moves, including Carlo Di Florio (pictured), who joins ACA.
Finra CAT Taps CenturyLink for Private-Link Reporting
Industry members are also being asked to focus on large-volume trades for December’s deadline.
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.
Finra CAT Lays Out Security Plans
Finra CAT will lean heavily on AWS to help ensure that the database is secure.
People Moves: Finra CAT Fills CTO and CISO Positions
Also, a look at new hires for IHS Markit, UBS, TickSmith, BitGo and Amber Group.
Finra to Expand Use of Machine Learning for Market Surveillance
The regulator already uses machine learning to identify spoofing and layering activities.
CAT Rollout Moves Forward Following Processor Change
Finra and the SEC are working on identifiers that mask personally identifiable information.
Sifma Rolls Out Bulk Transfer Plan
The plan will lay out a common process to move accounts if a broker-dealer falls into difficulties.
CAT NMS Committee Proposes Five-Month Delay to Broker Reporting
Under new plan, industry participants will begin reporting equities in April, with testing to commence in December.
Wavelength Podcast Episode 157: FIA Boca Preview & Other News
A look at what's to come at FIA Boca; Finra was named the CAT plan processor; a Waters magazine relaunch.
CAT's Future Still Cloudy as NMS Committee Declines to Name New Processor
Technical specifications will remain the same even as the committee works on finding a new database operator.
CAT’s Tale: How Thesys, the SROs and the SEC Mishandled the Consolidated Audit Trail
WatersTechnology investigates the torturous journey to create a stock-trading database for the US, and where the project goes from here.
CAT Delayed Further as Thesys Ousted, Finra Tipped as Successor
US Consolidated Audit Trail consortium fires database processor in shock move.
Fed Enlists Finra to Expand Data Collection Efforts
The expanded data collection efforts are a response to changes in fixed income trading practices and increased volatility.