CFTC & SEC: JP Morgan manipulated Treasuries market during flash crash period
US market regulators the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have fined JP Morgan over US$920 million in penalties...
EC suspends best execution reporting which is “not read at all”
The European Commission (EC) has adopted a Capital Markets Recovery Package, as part of the Commission's overall coronavirus recovery strategy which includes increased leniency...
CMA: ION takeover of Broadway looks likely
The UK’s Competition and Market’s Authority (CMA) has reported there are “reasonable grounds for believing that the undertakings offered by ION, or a...
US Treasuries: You can’t handle the truth
Editorial by Dan Barnes.
Nobody wants responsibility for the US Treasuries market. We checked.
In 2014 The DESK approached every US financial regulator and authority to...
FINRA reporting change could support low-touch trading at size
A proposed pilot project for raising the size at which US bond trades must be reported, and delaying reporting for even larger trades, could...
SEC requests comment on evolution of buy-side internal crossing rules
The US Securities and Exchange Commission’s Division of Investment Management Staff has published a statement to elicit feedback on ways to enhance its regulatory...
UK’s FCA consults on liquidity stress testing for asset managers
The UK’s Financial Conduct Authority (FCA), has launched a consultation regarding liquidity stress testing for asset managers, as part of its review into strengthening...
US regulators battle to define bond market structure
US market regulator the Securities and Exchange Commission (SEC) has engaged in a series of initiatives that could collectively bring more structure and standardisation...
SEC committee proposes bond issuance database for US credit
By Pia Hecher.
The Securities and Exchange Commission (SEC) Fixed Income Market Structure Advisory Committee (FIMSAC) has proposed that the SEC establish a new issue...
European Commission pushes consolidated tape for primary and secondary bond market
The European Commission (EC) has set out a wide ranging process to “stimulate the openness, strength and resilience of the EU's economic and financial...
