By Jeffrey O. Himstreet, corporate counsel, PGIM fixed income law, PGIM Fixed Income Parts 1 and 2 of this blog, for Financial Technologies Forum in anticipation of their upcoming conference, Navigating the Maze of MiFID II, and our panel “New Rules for Fixed Income,” focused on the MiFID II rules relating to reporting and research unbundling
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Part 2 of MiFID II and Fixed Income: What Price Transparency?
By Jeffrey O. Himstreet, corporate counsel, PGIM fixed income law, PGIM Fixed Income (Editor’s Note: This is Part II of a three-part part series. To read Part I click here. Check back next week for part III or sign up for our news alerts to stay informed.) Transparency to Clients. The “unbundling” of research expenses from transaction
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Part 1 of MiFID II and Fixed Income: What Price Transparency?
By Jeffrey O. Himstreet, corporate counsel, PGIM fixed income law, PGIM Fixed Income (Editor’s Note: This is Part I of a three-part part series. Check back for parts II and III or sign up for our news alerts to stay informed.) As with any other reporting requirement enacted in financial services regulation anywhere in the
Compliance
GIPS: To Port or not to Port – that is the Question?
By Ambika D’Souza, VP, Global Head of GIPS, State Street Global Advisors Introduction The investment management industry has seen its fair share of mergers and acquisitions (M&A) and team lift-out activities over the years. During this process the aspect of the portability of investment track records is sometimes overlooked. Global Investment Performance Standards (GIPS[1]) “Portability”
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The Next Step in the Global Legal Entity Identifier System: Data on Who Owns Whom
By Karla McKenna, Head of Standards at Global Legal Entity Identifier Foundation (GLEIF) The Global Legal Entity Identifier (LEI) System is designed to ultimately help answer three questions: Who is who? Who owns whom? And who owns what? In other words, the publicly available LEI data pool can be regarded as a global directory, which
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Can Good Come from the Sins of Wall Street?
January 20, 2015 by Eugene Grygo (Contribution from Minding the Gap, a blog by FTF News editor, Eugene Grygo.) Thanks to the fines imposed upon Wall Street and insurance firms for their sins during the Great Recession, the New York State government has a $5.1 billion surplus for fiscal year 2016. New York Gov. Andrew Cuomo
Compliance
FTF News Video: Thrivent Financial Embraces Social Media Compliance
In a video interview with FTF News, Thrivent Financial’s Stacey Eckes-Borys discusses the best practices for making certain social media usage comply with regulatory guidelines, and how firms can use technology to optimize the benefits from social media usage. [youtube https://www.youtube.com/watch?v=93sBsPkAqYA] Be sure to look at FTF’s SMAC New York 2015 conference, our annual Social Media
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“What is?” Coding a Compliance Rule Library
Guest Contributor: Kristi Feinzig, Senior Consultant, IMP Consulting Automated rule libraries have become essential to the trading process, and can have a significant impact on the front office. Rules that are accurate and precise facilitate a smooth pre-trade and post-trade check, while vague and inaccurate rules can create noise, slow down the trading process, and leave
Compliance
FTF Rings the Opening Bell for Nasdaq
Maureen Lowe provides a first-person, behind-the-scenes account of ringing the opening bell for the Nasdaq trading day. As you might have seen in our announcements earlier this week, the Nasdaq invited FTF to ring the opening bell yesterday as we kicked off our annual FTF SMAC NY event focusing on social media and compliance in
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Why Financial Services Brands Aren't Equipped for Social Media Risk & Compliance
Guest Contributor: Devin Redmond, Nexgate CEO and Co-founder No longer are financial brands and organizations able to focus solely on storefronts, email aliases and toll free numbers for customer engagement and support. Nowadays, a brand must engage customers 24/7 in social media. However, as we have seen with the rise in social media spam, the
