House Financial Services Introduces Trading Related Bills

The House Financial Services Committee ( HFSC )Sub-committee on Investor Protection, Entrepreneurship and Capital Markets held a hearing recently entitled: “Promoting Economic Recovery: Examining Capital Markets and Worker Protections in the COVID-19 Era” Along with…

sifma

Report Finds Investors Like Having an Advisorwww

SIFMA is the Securities Industry and Financial Markets Association and they recently put together a report entitled, “Individual Investor Use of Financial Advisors”. Along with the report, SIFMA produced a podcast. The podcast had on:…

Finance Leading in COVID Recovery

In a reversal of fortune, the financial sector has been leading in solving the current crisis. Charlotte Crosswell has an extensive resume with stops at Goldman Sachs, the NASDAQ, and others. She is currently the…

Sifma

Report Finds Mixed Bag For Markets Recovering from…

SIFMA is the Securities Industry and Financial Markets Association, and that organization recently released a report on how markets have responded to coronavirus. The verdict from SIFMA is mixed. “Market performance has been a mixed…

FINRA

Reg BI Implementation Going Well Despite COVID

Despite challenges from coronavirus, American broker/dealers have done an admirable job implementing the new Regulation best interest. Meredith Cordisco and Jim Wrona are both members FINRA’s Office of General Counsel and they were the latest…

Digital Currencies

Senate Debates Central Bank Digital Currency

Chris Giancarlo was the CFTC Chair until April 2019; he’s currently a senior counsel at Wilkie, Farr, and Gallagher, a prominent law firm with offices in six countries spoke about digital currency. [caption id="attachment_221725" align="alignleft"…

economy, COVID, eligible, policy, model, jobs, FSB, extensions

Fed Chair Says Commercial Paper Market Strong

The American commercial paper market is functional and healthy again, according to the head of the Federal Reserve. Jerome Powell is the Chair of the Federal Reserve and he testified earlier this week along with…

Finra

Financial Exploitation of Seniors Rising

FINRA is the Financial Industry Regulatory Authority, a self-regulatory organization formed in 2007 when the regulatory arms of the NYSE and the NASD merged and has been looking after the financial exploitation aspect too. Chris…

US Securities and Exchange Commission - VALIC

Clayton Goes in Front of the House

The eight-hundred-pound gorilla in the room was quickly addressed when the Chair of the Securities and Exchange Commission (SEC), came in front of Congress. Jay Clayton is the SEC Chair, but last week, President Trump…

Federal Reserve

With a second extraordinary market incursion by the…

With a second extraordinary market incursion by the Federal Reserve in about a decade, a Democratic Congressman wonders if the US isn’t creating systemic moral hazard. Jim Himes is a Democratic Congressman from the State…