Security Traders Association dictum meum pactum since 1934
Labor Day Remembrance
by Jim Toes on August 30, 2019 at 5:16 pm
SEC Publishes Responses to FAQs on Rule 606 Rule 606, as amended, requires more meaningful disclosures relevant to today’s marketplace that encourage broker-dealers to provide more effective and competitive order handling and routing services and that also improve the ability of their customers to determine the quality of such broker-dealer services. FINRA Announces Governor Elections… Read more The post Labor Day Remembrance appeared first on Security Traders Association.
Invest in Learning the Signs of Autism
by Jim Toes on August 8, 2019 at 5:09 pm
By Alison Singer President, Autism Science Foundation As a parent, there are few things scarier than thinking your child may not be developing appropriately. With 1 in 59 children diagnosed with an autism spectrum disorder, it’s critical to be aware of the early warning signs of developmental delay and to take action if you have concerns.… Read more The post Invest in Learning the Signs of Autism appeared first on Security Traders Association.
Measuring Regulatory Influence
by Jim Toes on August 7, 2019 at 2:06 pm
Firms in the financial services industry spend an enormous amount of energy measuring progress towards intended goals. At times, this intense fixation on metrics can seem counterproductive, but maintaining these disciplines proves to be beneficial in avoiding failure and achieving a successful outcome. The ability to measure progress and success as it pertains to regulation… Read more The post Measuring Regulatory Influence appeared first on Security Traders Association.
Comment Letter: FIF and STA Comments on Amended SEC Rule 606
by Jim Toes on August 5, 2019 at 6:39 pm
While much progress has been made with respect to the industry’s implied understanding of the scope and breadth of data that the SEC Staff expects to be reported pursuant to Rule 606, there remain several open questions that the SEC is still considering. FIF and STA strongly emphasize that the lack of: 1) written guidance;… Read more The post Comment Letter: FIF and STA Comments on Amended SEC Rule 606 appeared first on Security Traders Association.
STA Conference First 15 Speakers and DC Meeting Recaps
by Sam Belden on July 31, 2019 at 6:06 pm
FINRA holds July 2019 Board of Governors Meeting. FINRA CEO Robert Cook, Chairman Bill Heyman, Board members and FINRA staff provided updates from the meeting in a video report . Emily Westerberg Russell Named Chief Counsel of Division of Trading and Markets The Securities and Exchange Commission today announced that Emily Westerberg Russell has been named Chief… Read more The post STA Conference First 15 Speakers and DC Meeting Recaps appeared first on Security Traders Association.
Talking Points – July 2019
by Jim Toes on July 18, 2019 at 4:45 pm
Who We Are STA is comprised of 24 affiliate organizations covering the entire US and Canada. The STA national board of governors is comprised of past presidents and industry specific leaders. Our membership represents INDIVIDUALS from varying business models – buy-side, sell-side, hedge funds, exchange traders and market makers- dealing in equity and derivative trading.… Read more The post Talking Points – July 2019 appeared first on Security Traders Association.
To the Summer Interns of 2019
by Jim Toes on July 2, 2019 at 3:43 pm
This month’s Taking Stock column is addressed to the thousands of financial services interns in the United States and Canada. Please forward this on to those interns working among us this summer. To the Summer Interns of 2019 Welcome! Congratulations on interning in the financial services industry. As you complete your first full month of your summer internship,… Read more The post To the Summer Interns of 2019 appeared first on Security Traders Association.
SEC Market Structure Speech on Issuers
by Sam Belden on June 30, 2019 at 6:14 pm
The Nexus of Equity Market Structure and Investor Relations: Remarks at the 2019 Annual Conference of the National Investor Relations Institute “..the Division of Trading and Markets is intensely reviewing a series of important questions and policy initiatives that I believe should be of great interest to issuers and their investors as they participate in… Read more The post SEC Market Structure Speech on Issuers appeared first on Security Traders Association.
Banquet Table on Market Structure: Issuers Pull Up a Chair
by Jim Toes on June 21, 2019 at 6:28 pm
In an April 2013 letter to the Commission, STA voiced its objection to the SEC’s Small Business Advisory recommendation to allow companies to choose their own tick size. While our letter recognized that the interests of issuers are closely aligned with those of their investors, our opposition was based on the premise that providing such… Read more The post Banquet Table on Market Structure: Issuers Pull Up a Chair appeared first on Security Traders Association.
2019 Evening of Recognition & Education
by Jim Toes on June 12, 2019 at 1:51 pm
Last month the STA Women in Finance Committee, “STA WIF” hosted its 3rd Annual Evening of Recognition and Education , featuring presentations of the Ken Heath Award and the inaugural STA WIF Excellence in Journalism Award. The event focused on the value diversity brings to firms and to society in general, and recognizing, in a meaningful way,… Read more The post 2019 Evening of Recognition & Education appeared first on Security Traders Association.