Securities and Exchange Commission (SEC)

With White, Better the Outsider?

In her new role as chair of the SEC, Mary Jo White must demonstrate that she's more than a prosecutor, but someone who can also bring stability to the market.

BATS Document Suggests LULD Delay

A timetable for the implementation of limit-up limit-down (LULD) measures, a form of market circuit breakers in the event of wild price swings, has been published by BATS, suggesting that the enactment date of February will be postponed to April.

2013 Offers Both Familiar and Fresh Challenges

As the recycling is put out for collection, credit card bills from Christmas cause mild bouts of nausea and everyone begins to get back into their daily routines, let's take a look ahead to what's going to be important in 2013.

Direct Edge Adds Pre-Trade Risk Controls

Direct Edge has added EdgeRisk Controls, a pre-trade risk tool for its EDGA and EDGX Exchanges, which facilitates compliance with the US Securities and Exchange (SEC) Market Access Rule 15(c)3-5 for broker-dealers and their clients.

Schapiro Announces SEC Depature

Mary Schapiro, the chair of the US Securities and Exchange Commission (SEC) has announced that she will leave her role at the head of the US regulator on December 14.

SEFs Through the Looking Glass

While the rules trickle in for swap execution facilities, firms are investing in connectivity and platform design in anticipation of a deeper, more liquid market. As Tim Bourgaize Murray discovers, when it comes to the nascent SEF ecosystem, the future…

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