Dual disclosure standards for non-equity securities prospectus removed in UK
The Investor Access to Regulated Bonds (IARB) Working Group has highlighted unanimous support of the removal of the dual disclosure standards in prospectuses for...
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...
SEC enacts security-based swap execution facilities registration rule
The US Securities and Exchange Commission (SEC) has created a regime for the registration and regulation of security-based swap execution facilities (SBSEFs).
The new regulatory...
Coding error triggers US$7 million fine for Citadel
The Securities and Exchange Commission has settled charges against broker-dealer Citadel Securities for violating a provision of Regulation SHO, the regulatory framework designed to...
What’s the fuss about… New capital rules?
What’s all this fuss about new capital rules? The US Federal Reserve has decided that some banks, with over US$100 billion in assets, need...
SEC fines ten broker-dealers US$289m for recordkeeping violations
Ten sell-side firms have been fined a combined US$289 million by the US Securities and Exchange Commission (SEC) for violating recordkeeping provisions.
The...
ICMA fills in the blanks on MiFID II agreement
A new article written by the regulatory team at the International Capital Markets Association (ICMA), has shed light on details in the agreed text...
Hunt: UK to set pension investment targets, launch market platforms and rebundle research payments
Jeremy Hunt, Chancellor of the Exchequer, has set out the UK's plan for regaining its initiative in capital markets at his Mansion House Speech....
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...
