The MSRB emphasized key compliance risks for brokers, dealers and municipal securities dealers that, "if not properly addressed, could adversely affect municipal entities, obligated persons, investors and public confidence in the municipal securities market."
News & Insights
The Financial Stability Oversight Council will meet on March 2, 2016 to (i) discuss its 2016 annual report, (ii) provide an update on market developments, (iii) discuss the annual reevaluation of the designation of a nonbank financial company, and (iv) offer an update on its continuing work on asset management.
FINRA proposed a rule change that would adjust one of the thresholds that are required to qualify for the Media/Contra fee cap under FINRA Rule 7620A.
The SEC approved the adoption by the BATS Exchange of new rules prohibiting certain disruptive quoting and trading activities and new rules permitting the exchange to conduct expedited client suspension proceedings.
In a paper comparing derivatives trading frameworks in the United States and the European Union, ISDA encouraged regulators to focus on "broad commonalities" and to facilitate the mutual recognition of the trading regimes.