News

Current Articles | RSS Feed RSS Feed

Did Bank Rules Kill Liquidity? Volcker, Frank Respond

By Yalman Onaran and Dakin Campbell
Published October 20, 2014 Bloomberg Businessweek

Last week’s market gyrations sparked questions about whether bank regulations implemented after the 2008 financial crisis exacerbated price declines by limiting the ability of Wall Street banks to make markets.

As stocks and some corporate bonds fell last week, some hedge-fund managers said higher capital requirements had curbed Wall Street trading desks’ ability to cushion the declines by stepping in to buy securities -- what is known as providing liquidity. Also blamed: the Dodd-Frank Act’s Volcker Rule that limits federally insured banks from speculating on some assets, including corporate debt.

full article describe the image (free)

SocialTwist Tell-a-Friend Related Posts with Thumbnails

Artificial Intelligence and the Future of Financial Regulation

By Alexander Campbell
October 16, 2014 Risk

Software has taken over from humans in trading – and will spread further in the years to come. Regulators will need to prepare for a faster, darker industry

At some point in the last few years, the human stock trader became an endangered species. Most trades on the world's equity markets are now conducted by machines – algorithmic trading systems. And research in the areas of machine learning, big data and artificial intelligence promises to change the financial world still more fundamentally in the near future – bringing both new benefits and new challenges for operational risk teams and compliance managers.

full article describe the image (subscription)

SocialTwist Tell-a-Friend Related Posts with Thumbnails

Regulators Weighing New Rules for Private Trading Venues

By Scott Patterson
Published September 10, 2014 The Wall Street Journal

Market regulators are considering imposing additional steps to require greater transparency and disclosures by private trading platforms and heightened oversight of computerized trading strategies.

The Financial Industry Regulatory Authority will weigh a new set of rules at its Sept. 19 meeting, including a proposal that would require trading platforms, including so-called dark pools, to provide additional details about buy and sell orders. Dark pools are alternative trading venues that currently don't post buy and sell orders, only reporting trades after they take place.

 full articledescribe the image (subscription)

SocialTwist Tell-a-Friend Related Posts with Thumbnails

Finra Rejects ‘More Than Half’ of Structured Product Adverts

By Yakob Peterseil
Published May 16, 2014 Risk

Financial Industry Regulatory Authority (Finra) staff warned brokers in more than 50% of cases not to use sales materials related to structured products that failed to comply with new communications rules, said Thomas Selman, executive vice-president for regulatory policy at Finra, speaking at a conference last week.

More than half of sales materials related to structured products have earned a "do not use" warning from Finra staff in the past 14 months, while 75% merited comments for perceived deficiencies under the new rules, Selman told the Structured Products Americas conference in Miami on May 8.

full article describe the image (subscription)

SocialTwist Tell-a-Friend Related Posts with Thumbnails

FINRA, Regulators Focus on Liquidity Requirements

By Lorie Konish
Published June 20 2012 Financial Planning 

In the puzzle of oncoming financial regulation, how to properly oversee firm’s liquidity is one of the largest pieces regulators are now working to get right.

full article describe the image (free)

SocialTwist Tell-a-Friend Related Posts with Thumbnails

Call Made for a Bigger Wall on Street

By Jean Eaglesham
Published June 03 2012 Wall Street Journal

A Wall Street regulator is pushing to extend conflict-of-interest curbs to include analysts and investment bankers who work in the giant market for debt offerings.

full article describe the image (subscription)

SocialTwist Tell-a-Friend Related Posts with Thumbnails

Two Top Lawyers at Wall Street Watchdog Departing

By Ashley Lau and Suzanne Barlyn
May 7, 2012 Reuters

Two top legal advisers at Wall Street's self-watchdog, the Financial Industry Regulatory Authority, are departing, according to people familiar with the matter.

full article describe the image (free)

SocialTwist Tell-a-Friend Related Posts with Thumbnails
Tags: ,

Derivatives Industry Seeks clarity Over SEC Market-wide Circuit-breaker Proposals

By Hannah Collins
Published October 17 2011 Risk Magazine


If new circuit-breaker proposals filed by US national securities exchanges and the Financial Industry Regulatory Authority (Finra) are approved by the US Securities and Exchange Commission (SEC), they will replace those adopted in October 1998.

full article describe the image (subscription)

SocialTwist Tell-a-Friend Related Posts with Thumbnails

Self-Regulatory Group May Gain Power in House Plan

By Ben Protess
Published September 12 2011 DealBook

Lawmakers on Capitol Hill are weighing plans to outsource the government’s authority over Wall Street, aiming to shift some power from the Securities and Exchange Commission to groups backed by the financial industry.

full article describe the image (free)

SocialTwist Tell-a-Friend Related Posts with Thumbnails
All Posts