Tag: Securities and Exchange Commission (SEC)
SEC classifies HFT liquidity providers as “dealers”
US markets regulator, the Securities and Exchange Commission (SEC), has adopted two rules that require market participants who engage in certain dealer roles, in...
SEC signs off US Treasury clearing for cash and repo
The US Securities and Exchange Commission (SEC) has adopted a rule designed to reduce risk in the US Treasury market by ensuring that more...
SEC enacts security-based swap execution facilities registration rule
The US Securities and Exchange Commission (SEC) has created a regime for the registration and regulation of security-based swap execution facilities (SBSEFs).
The new regulatory...
Coding error triggers US$7 million fine for Citadel
The Securities and Exchange Commission has settled charges against broker-dealer Citadel Securities for violating a provision of Regulation SHO, the regulatory framework designed to...
Citigroup Global Markets hit with $2.9m SEC underwriting expenses recordkeeping penalty
Citigroup Global Markets (CGMI) has settled a US$2.9 million penalty with the US Securities and Exchange Commission (SEC) for underwriting expenses recordkeeping violations.
The SEC...
Chatham Asset Management fined for improper bond trading
The Securities and Exchange Commission (SEC) has charged New Jersey-based Chatham Asset Management and its founder, Anthony Melchiorre, in connection with improper trading of...
SEC fines Bloomberg US$5 million for failure to disclose single quotes...
Market operator and data provider, Bloomberg, has been fined US$5 million by US market regulator the Securities and Exchange Commission (SEC) for failing to...
SEC’s proposals create competitive opportunities
Responses to the wide ranging proposals posited by the Securities and Exchange Commission (SEC) in US equity markets last week have raised questions but...
SEC – controversially – moves to standardise best execution rules for...
The Securities and Exchange Commission (SEC) is proposing new rules under the Securities Exchange Act of 1934 relating to a broker-dealer’s duty of best...
LGIM saves US clients’ trading costs but pays US$500k fine for...
Legal and General Investment Management Americas (LGIMA) has accepted a fine of US$500,000 for failing to comply with Securities and Exchange Commission (SEC) rules...
