U.S. securities association recognizes firms for diversity leadership
The Securities Industry and Financial Markets Association is calling on the U.S. Congress to establish a new market stability regulator.SIFMA’s president and CEO, Tim Ryan, testified before the House Financial Services Committee on the future of financial services regulation today. In that testimony he called for a single regulator charged with ensuring market stability.He noted […]
Analysts and insiders expect central banks to inject liquidity and cut rates in an effort to prevent credit from drying up
Recommends SEC focus on improving ratings process
The U.S. Securities Industry and Financial Markets Association applauded the mutual recognition agreement announced today between the Securities and Exchange Commission, the Australian Treasury and the Australian Securities and Investments Commission.SIFMA calls the deal “a landmark in American financial services reform and a model for future cooperation with other regulators”.“The often-conflicting financial services regulations issued […]
The Securities Industry and Financial Markets Association is calling on the US Securities and Exchange Commission to revise its proposed treatment of market data fees.SIFMA filed a comment letter with the SEC and released a study to support its claim that firms would pay too much if the SEC approves a proposed order allowing NYSE […]
Five industry trade associations today issued a set of principles designed to address a range of issues affecting distribution of retail structured products to individual investors.
The U.S. Securities and Exchange Commission has proposed a relaxation of the rule governing the access of foreign brokerage firms to U.S. markets.The Securities Industry and Financial Markets Association applauded the SEC’s decision to open the rule, which governs how overseas investment professionals may approach potential U.S. clients and how those parties conduct business, to […]
Pick up expected in 2009
Rating agencies would differentiate ratings they issue on structured products from those they issue on bonds