Securities and Exchange Commission (SEC)
Industry mulls identifier schema for digital assets
As crypto markets face a reckoning in the wake of the FTX scandal, standard-setters and industry participants say identifiers for tokens are key for the industry’s stability.
Regulation of fixed income faces pivotal year ahead
Jo says the SEC’s Treasuries-focused regulatory agenda will come to fruition next year, and tech vendors will face the burden of those proposals.
Howson on steering Cboe past potholes and traffic cops
The head of the world’s largest options exchange discusses SEC regulation and SPX appeal.
All the pieces fit: connecting trader voice and messaging across workflows
Cloud9 expands Symphony's communication channels to trader voice, in an effort to simplify workflows as Wall Street struggles with compliant communications.
Chill winds blow for Capitolis’s equity swap platform
The fintech’s effort to revive off-balance-sheet funding runs into market and regulatory turbulence.
SEC deadline raises existential questions for US market data
This month, the commission must decide on a fee filing under its market data modernization efforts. Jo wonders how likely we are to see those efforts materialize any time soon.
PFOF regulation and market data: What does the future hold?
As a Congressional report delves into Robinhood's response to the meme stock frenzy of early 2021, Jo wonders how future regulation of payment for order flow will impact market data pricing.
Court thwarts exchanges’ petition to head off market data threat
The DC appeals court has denied a petition to void a rule that seeks to bring competition to the US consolidated tapes.
SEC warned that alt data is rife with due diligence risks days before Thinknum crisis emerged
Only proper due diligence on datasets and the companies providing them will safeguard alt data consumers from similar risks in the future.
Gensler calls for enhanced US bond market transparency
SEC chief advocates shorter Trace reporting delay, public dissemination of Treasuries trades
Market data plans revive proposals to move odd lots onto Sips
Consultation on democratizing odd lots data closes next week, but more solutions to order protection concerns may be needed.
SEC cyber rule could trigger more attacks, experts warn
Mandatory disclosure of cyber risks and attacks could help hackers
Surveillance firms experiment with computer vision for video conferencing oversight
As more firms rely on platforms like Zoom and Teams for client and workforce communications, surveillance technology providers are exploring new ways to make sure traders are compliant while working remotely.
House bill looks to back up SEC market data efforts
Congress is stepping into the US equity market data debate as the DC Circuit Court of Appeals considers dismissing the SEC’s initiatives.
Biden approach could leave US behind on crypto regulation
Long timeline of executive order means international community may move faster than US lawmakers
People Moves: Cboe, State Street, Sifma, Arria NLG, and more
A look at some of the key "people moves" from this week, including Mark Goodey (pictured), who joins Arria NLG as managing director and innovation strategist.
As cybersecurity policy takes shape, are data vendors next in SEC's sights?
New rules target a range of players in the capital markets, from broker-dealers to trading venues, and the agency could be coming for data and analytics vendors and index providers.
Regulators, startups eye transparency efforts for private companies
When it comes to private companies, data transparency still lags its public market equivalents, and a lack of data quality and availability is a barrier to increased investor participation. But an alliance between a startup and niche brokers is aiming to…
2021 saw market data’s quiet revolution
This year, the SEC pulled the trigger on competing consolidated tapes and a new market data governance plan. In 2022, we will know if some of it can go ahead, or remain stymied by legal battles.
People Moves: OCC, Enfusion, Exegy, IQ-EQ, and more
A look at some of the key "people moves" from this week, including Bronwen Bastone (pictured), who joins Enfusion as chief people officer.
Regulators turn gaze on ESG rating providers—for better or worse
Governments around the world are looking to clamp down on providers of ESG ratings and data products. Jo wonders what the implications could be for a still nascent market.
Fee filings cloud hopes for cheaper NMS data
Aspirant ‘competing consolidators’ were hoping for a lot more leeway than they got in an important fee filing, Jo says. By Jo Wright
Former clearing head urges ‘reasonable regulation’ of crypto
Industry participants are complaining that the current regulatory approach is ‘painful’ and doesn’t embrace innovation.