US president to oversee financial institution regulation amid deregulation drive
New executive orders signed by US president, Donald Trump, have given him oversight of all US financial regulation, outside of monetary policy, while also...
Gensler confirmed to depart SEC
The Securities and Exchange Commission has announced that its 33rd Chair, Gary Gensler, will step down from the Commission effective at 12:00 pm on...
Row erupts as CBOE seeks to define exchange boundaries
An application by multi-asset market operator, CBOE, to define what is considered a ‘facility’ of the exchange, has triggered a row. The firm sought...
Country focus: India’s bond markets in an election year
India has an upcoming election on 19 April, which the governing Bharatiya Janata Party (BJP), led by incumbent Prime Minister Narendra Modi, is widely...
JP Morgan restricted from onboarding new venues and fined US$350 million
JP Morgan has been fined US$350 million and may not onboard new trading venues without receiving prior written non-objection from the Federal Reserve Bank...
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...
UK to allow shorting of government debt and sovereign CDS
The UK Government has said it will remove requirements currently placed on investors when taking out short positions in sovereign debt or sovereign credit...
The US: Too big to Fitch?
Ratings agency Fitch has downgraded the United States’ long-term credit ratings to AA+ from AAA and removed the rating ‘Watch Negative’ stating “ reflects...
FCA tells asset managers to focus on liquidity risk after finding some firms lacking
The UK’s Financial Conduct Authority (FCA) has told asset managers to increase their focus on liquidity risk, stating gaps in liquidity management could lead...
FCA proposes consolidated bond tape and tightens trading venue perimeter rules
A series of measures to help strengthen the UK’s leading position as a global and vibrant financial centre have been announced by The Financial...
