After seeming hesitant earlier this year, SEC staffers are engaging more with firms and have intensified efforts to find a solution before Europe’s rules take effect in January.
By giving out more details of where it stands and spelling out its demands, the U.K. wants to change the narrative that it’s been too vague, and by doing so jolt the EU into talking trade sooner.
It's the end of an era! The morning-note genre, well-known musings of analysts and strategists that work as one of the ways investment banks market their services to potential clients, may cease to exist under MiFID II.
The Volcker Rule may become a principal talking point in a priority for the Trump administration: regulatory harmonization.
ESMA’s guidance on LEIs is clear: E.U. firms’ counterparties are required to have an LEI before they can start transacting with each other.
Because of the heavy reliance on voice or electronic market color, trade reconstruction is a critical component to the investigatory part of OTC trade management analysis.
In this series of blogs, we will discuss how MiFID II impacts the best execution process, in particular for OTC fixed income, and how trade reconstruction capabilities will be crucial for firms to reach optimal results.
In many respects, SEC rule 22e-4 is the first explicit regulation to codify, or formalise, liquidity risk management.
65% of the stocks in the Nasdaq composite and 66% of the stocks in the NYSE composite could potentially be subject to the trading obligation
While MiFID II does not directly apply to non-EU banks and brokers, it carries material implications for non-EU firms carrying out trade and order flow for their EU clients.