Security Traders Association dictum meum pactum "my word is my bond"

  • A Winning Tradition
    by Sam Belden on February 25, 2021 at 2:56 pm

    By Andrew D’Amore, Virtu FinancialSTA Chairman of the Board Every year, more than 250 individuals volunteer their time in service to our industry and their communities by serving on one of STA’s 24 affiliate boards in the U.S. and Canada. These individuals are often asked why they invest time and effort in these groups. As…  Read more The post A Winning Tradition appeared first on Security Traders Association.

  • #ChooseToChallenge
    by Sam Belden on February 24, 2021 at 4:30 pm

    by Julie Andress, KeyBanc Capital Markets & STA WIF Co-Chair March 8 is International Women’s Day. A global holiday that dates back to 1909, International Women’s Day (IWD) celebrates women’s contributions to society, raises awareness about the fight for gender parity and inspires support for organizations that help women globally. The theme of IWD 2021…  Read more The post #ChooseToChallenge appeared first on Security Traders Association.

  • Reactions to the House Hearing on GameStop – STA Open Call Recap
    by Sam Belden on February 23, 2021 at 4:49 pm

    Last Thursday, the House Financial Services Committee convened a hearing on the recent market volatility titled “Game Stopped? Who Wins and Loses When Short Sellers, Social Media and Retail Investors Collide.” Over the course of more than five hours, congressional representatives addressed and asked questions of several individuals involved in the GameStop controversy: Robinhood CEO…  Read more The post Reactions to the House Hearing on GameStop – STA Open Call Recap appeared first on Security Traders Association.

  • STA Comment Letter on GameStop Congressional Hearing
    by Sam Belden on February 17, 2021 at 7:35 pm

    The U.S. markets are in a constant state of evolution driven by innovation and at times, new entrants. Throughout the history of U.S. markets, there have been moments when inefficiencies are identified and the evolutionary process proceeds toward an improved market. We believe the events that occurred in late January and early February, 2021, involving…  Read more The post STA Comment Letter on GameStop Congressional Hearing appeared first on Security Traders Association.

  • New York FTT: Express Your Opposition
    by Sam Belden on February 8, 2021 at 6:11 pm

    As states across the nation face 2021 budget gaps due to the COVID-19 pandemic, legislation had been introduced in the New York State Senate that would amend its state’s tax laws to include a tax on financial transactions. Senate Bill S3980 is the most extensive and complex bill of its kind, as measured by the…  Read more The post New York FTT: Express Your Opposition appeared first on Security Traders Association.

  • Episode 7: An Economist’s View
    by Sam Belden on February 5, 2021 at 9:45 pm

    In Episode 7, we speak with former SEC Commissioner Michael Piwowar, Executive Director of the Milken Institute Center for Financial Markets. Our conversation starts with the mission statement of the Milken Institute and Dr. Piwowar’s role. We then turn our attention to GameStop and the recent market volatility, insights into the SEC’s response, market infrastructure, T+2 settlement…  Read more The post Episode 7: An Economist’s View appeared first on Security Traders Association.

  • Not Our Finest Week
    by Sam Belden on January 31, 2021 at 2:47 pm

    This past week was not our industry’s finest. Yes, our markets performed well from an operational standpoint, in spite of extreme volatility and concentrated spikes in volumes. However, the perception of our industry took a substantial hit. There was confusion about the rules that govern our market structure and about business practices. Investors questioned the basic fairness…  Read more The post Not Our Finest Week appeared first on Security Traders Association.

  • Diversity and Inclusion/SEC Fixed Income Proposal/January 6th
    by Sam Belden on January 27, 2021 at 2:40 pm

    Chairwoman Waters Announces Financial Services Subcommittee Leadership“I am pleased to announce the very experienced, dedicated, diverse, and talented leadership of our six Subcommittees,” said Chairwoman Waters. “During the 117th Congress, the Financial Services Committee will continue to work tirelessly to fight the pandemic and make sure the financial system works for everyone.” What a 50/50 Senate…  Read more The post Diversity and Inclusion/SEC Fixed Income Proposal/January 6th appeared first on Security Traders Association.

  • A Little Sunshine
    by Sam Belden on January 22, 2021 at 4:09 pm

    As Joe Biden and Kamala Harris were sworn in as president and vice president, Amanda Gorman became the sixth and youngest poet to recite a poem at the U.S. presidential inauguration ceremony. A mere 22 years old, Amanda joined the likes of Robert Frost and Maya Angelou when she recited her poem, The Hill We Climb. For…  Read more The post A Little Sunshine appeared first on Security Traders Association.

  • Addressing Inequality: What Will You Do?
    by Sam Belden on January 15, 2021 at 5:18 pm

    by Ray Pellecchia, FINRA Even amid the optimism that a new year can bring, problems caused by social and economic inequality will continue to exist with solutions that are unclear and can seem insurmountable. But if you look at them through the lens of our business, it is clear not only that we can make a significant difference,…  Read more The post Addressing Inequality: What Will You Do? appeared first on Security Traders Association.