Tag: Volcker Rule

Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
July 24, 2017 BY Valentina Kirilova

Federal regulatory agencies announce coordination of reviews for foreign funds under Volcker Rule

Five federal financial regulatory agencies have announced that they are coordinating their respective reviews of the treatment of certain foreign funds under section 619 of the Dodd-Frank Act, commonly known as the Volcker Rule, and the agencies' implementing regulations, the Securities and Exchange Commission (SEC) shared. These foreign funds are investment funds organized and offered…

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November 25, 2014 BY Andrew Saks-McLeod

Basel Committee takes a look at market making, prop traders and liquidity provision

Global regulatory authorities have been busily engaged in ascertaining the most effective method of regulating various business-critical activities in electronic trading for approximately four years, ever since President Obama swore the Dodd-Frank Wall Street Reform Act into US law in 2010. This set a precedent among continental regulators for them to instigate a standardized method…

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December 16, 2013 BY Gerald Segal

CFTC leadership in limbo

Mark Wetjen to be temporary CFTC Chairman after departure of Gary Gensler, due to delay in approving Timothy Massad It is hard to take the CFTC seriously as a regulator. While the CFTC’s job is ostensibly to act as babysitter for the commodities and futures markets in the US, including forex, it is hard to…

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