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Open Call Report — The ETF Rule
by Sam Belden on November 11, 2019 at 8:45 pm
STA Open Call – November 4, 2019 – Call Notes* The ETF Rule Eric Pollackov, Head of Global ETF Capital Markets, Invesco Opening Remarks & Material– Jim Toes, STA STA Comment Letter on Asymmetric Delays, “Speed Bumps” LINK SEC Chairman Clayton Oct 17th Statement on Thinly Traded Securities LINK The Commission’s interest for industry input… Read more The post Open Call Report — The ETF Rule appeared first on Security Traders Association.
The Importance of Congressional Hearings
by Jim Toes on October 28, 2019 at 6:51 pm
Earlier this month, the House Financial Services Committee’s Subcommittee on Diversity and Inclusion held a hearing entitled “Examining the Need for Diversity Practices for America’s Changing Workforce”. The hearing focused solely on retention and promotion of diverse talent within US companies. As Chairwoman Joyce Beatty noted, US companies cannot just focus on recruitment, but rather… Read more The post The Importance of Congressional Hearings appeared first on Security Traders Association.
Killing Our Frankensteins
by Sam Belden on October 28, 2019 at 2:02 pm
More than two centuries ago, the gothic novel, Frankenstein, also known as The Modern Prometheus, was anonymously published in Britain. A few years later in 1823, readers would discover that the gifted author was Mary Shelley, who at the age of 18 began writing the novel in a competition among peers about who could write… Read more The post Killing Our Frankensteins appeared first on Security Traders Association.
Comment Letter: Cboe Asymmetric Delay
by Sam Belden on October 22, 2019 at 2:44 pm
It has long been STA’s view that liquidity providers contribute to the overall quality of markets to the benefit of investors. While we have advocated for regulators to find modern ways to incentivize their existence, we do not believe the introduction of asymmetric delays is one such way. Therefore, while we appreciate the intended goals… Read more The post Comment Letter: Cboe Asymmetric Delay appeared first on Security Traders Association.
STA 2019 Market Structure Conference
by Jim Toes on October 10, 2019 at 5:12 pm
Photo Gallery The post STA 2019 Market Structure Conference appeared first on Security Traders Association.
STA 4th Annual Women in Finance Symposium
by Sam Belden on September 16, 2019 at 7:28 pm
By Kate McAllisterGlobal Liquidity Partners and STA WIF Co-Chair With just two weeks remaining until STA’s 86th Annual Market Structure Conference, I am pleased to say that the 2019 Women in Finance Symposium will be the best one yet. After three years of directly preceding the conference, this year’s Symposium will be incorporated into the main program, with… Read more The post STA 4th Annual Women in Finance Symposium appeared first on Security Traders Association.
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.