OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Two Broker-Dealers to Pay $4.65 Million in Penalties…
Washington D.C., Sept. 16, 2019 — The Securities and Exchange Commission today announced that Stifel, Nicolaus & Co., Inc. has agreed to pay $2.7 million and BMO Capital Markets Corp. has agreed to pay $1.95…
SEC and FINRA to Hold National Compliance Outreach…
WASHINGTON — The Securities and Exchange Commission (SEC) and FINRA announced today the opening of registration for their 2019 National Compliance Outreach Program for Broker-Dealers, which will be held June 27, in Chicago, IL. The program is designed to provide…
Virtu Financial to Separate Legal Identities Following Acquisition…
Virtu Financial, the leading technology-enabled market maker and liquidity provider which is about to acquire Investment Technology Group (ITG), has revealed that the firm intends to maintain the separate legal identities of ITG’s client-facing broker…
Investor Testing of the Proposed Relationship Summary for…
Washington D.C., Nov. 7, 2018 — In connection with our ongoing efforts to help address investor confusion about the nature of their relationships with investment advisers and broker-dealers, the SEC’s Office of the Investor Advocate…
Vela Announces Partnership with CoinMarketCap, to Include Cryptocurrencies…
Vela, the global leader in providing trading technology and market access technology software has partnered with world's leading and trusted brand in the cryptocurrency space, CoinMarketCap. The partnership agreement with CoinMarketCap will allow Vela to…
Broadridge Appoints Alastair McGill to Manage Messaging, Reconciliation,…
Broadridge Financial Solutions, a leading corporate services company founded in 2007, has announced the appointment of Alastair McGill as General Manager of its Messaging, Reconciliation, and Connectivity solutions business (MRC). McGill is a financial technology sector…
SEC Chair Clarifies Best Interest Standard
[caption id="attachment_111540" align="alignleft" width="152"] Jay Clayton Securities and Exchange Commission (SEC) Chair[/caption] While testifying in front of the House Financial Services Committee, the Chairman of the Securities and Exchange Commission (SEC) attempted to clarify a…
Two Trading Related Bills Pass the House Financial…
The options market will see some changes and publicly traded companies can use “seasoned” broker dealers to dispense more information. Those changes will occur in the bills passed during the latest round of mark-up in…