All regulation news

Former ITG sec lending trader banned for ADR misuse

23 June 2017 Washington DC
Reporter: Drew Nicol

The charges follow ITG’s settlement in January when the broker-dealer agreed to pay more than $24.4 million over allegations of securities lending violations relating to the facilitation of naked short selling

Quantitative easing going nowhere for now

22 June 2017 Berlin
Reporter: Mark Dugdale

The European Central Bank (ECB) left interest rates unchanged earlier in June and expects them “to remain at their present levels for an extended period of time, and well past the horizon of the net asset purchases”

Rule 15c3-3 reform offers equity collateral

22 June 2017 Berlin
Reporter: Mark Dugdale

Potential reform of SEC Rule 15c3-3 is likely to change the US market, but the likes of the UK will see a realignment in trading rather than an out-and-out replacement

Fragmentation would weaken central clearing, says Mark Carney

20 June 2017 London
Reporter: Mark Dugdale

In a speech at a breakfast event at Mansion House in London, Carney warned against carving up London’s clearing market once the UK leaves the EU

Broadridge takes on SFTR reporting requirements

20 June 2017 New York
Reporter: Stephanie Palmer

Broadridge is addressing trade reporting requirements set to come in with the Securities Financing Transaction Regulation, launching a new solution spanning the entire reporting lifecycle

US Treasury takes aim at post-crisis regulation in Trump-ordered review

13 June 2017 Washington DC
Reporter: Drew Nicol

The US Treasury has called on regulators to rationalise and improve the risk-based capital regime for the securities lending and derivatives exposures of US banks

EC proposes ‘two-tier’ CCP regulation

13 June 2017 Brussels
Reporter: Mark Dugdale

EU legislators have proposed a massive overhaul of central counterparty supervision

US Financial CHOICE Act heads to Senate

09 June 2017 Washington DC
Reporter: Drew Nicol

US President Donald Trump’s efforts to turn back the clock by gutting the bulk of post-crisis regulation took another step forward yesterday, with the House of Representatives passing the Financial CHOICE Act unopposed