The Securities and Exchange Commission’s (SEC) proposal for solutions to major trading glitches on Wall Street was approved unanimously on Thursday.
Five regulators working on the Volker rule may delay releasing a final version of the rule until the second half of the year. The Wall Street Journal reports that this is later than previously expected, and that the delays are caused by how complex creating a rule that bans risky bets has become.
The U.S. Securities and Exchange Commission (SEC) is currently drafting a rule that would require exchanges and clearing firms to routinely test their technology for stability and security.
Now that eleven euro zone countries have approved a financial transaction tax, will regulators at the CFTC and SEC follow suit?
The Volcker Rule, which would prevent banks from engaging in proprietary trading, is facing a new wave of criticism at home and abroad.
The SEC is working to implement real-time trading analysis this month. Now the SEC is also looking to hire analysts to boost the system.
The CFTC and the SEC now have FINRA, the financial industry’s self-regulator body, helping to crack down on high-frequency trading (HFT).
The U.S. Securities and Exchange Commission (SEC) has named Geoffrey Aronow as its top attorney.
The fate of Dodd-Frank and the Volcker Rule are being reconsidered amidst further “fiscal cliff” talks and the arrival of new Congress.
The Securities Exchange Commission (SEC) will use real-time data to monitor high-frequency trading.