[youtube=http://www.youtube.com/watch?feature=player_embedded&v=6NyLtycVjqw] (In this video Federal Deposit Insurance Corp. Chairman, Sheila Bair, discusses the Dodd-Frank Act, which was signed into law by President Barack Obama in July, and the Volcker rule.) If you have been reading the news in the past few days, I’m sure you came across the latest announcements around “The Volcker Rule”. This
Dodd-Frank
#WhyTwitterIsUsefulForWork
Guest Contributor: Dorothy Friedman, Vice President, Marketing, Fidessa People at work are often shocked to learn that I am on Twitter. They ask, “Why would you do that?” Or say, “Wow, that’s a huge waste of time”. Many of them do not realize how valuable Twitter can be from a business perspective, if used properly.
Dodd-Frank
Whistleblowers get 10 to 30
Recently, while going over the agenda for our upcoming 4th Annual Hedge Fund Operations and Technology conference with our Conference Director, Sarah Hathaway, I had an “ah-ha” moment. While we have written a number of blogs lately about the increase in the number of investigations and charges in regards to financial fraud (I even wrote
Compliance
Combining Forces Across the Exchanges in 2011
FINRA is making a New Year’s resolution to catch more insider traders in 2011 by revamping their market surveillance methods and data operating systems. Currently, FINRA oversees multiple exchanges where 80 percent of all U.S. trading occurs. Each exchange, such as the NYSE, NASDAQ and so on, has its own operating database that stores trade-related
Dodd-Frank
Time to give the economy a boost – How would you do it?
Yesterday, I read an article, “So How Would You Kick Start the Economy?” where a number of people from all different walks of life, from all around the country, were asked how they would fix the current economic status of the United States if they were in charge. To my surprise, there was a variety
Derivatives
The Volcker Rule – Say What?
While flipping through the Wall Street Journal last Monday, I did my usual scan of the Money & Investing section. Being that our 5th Annual OTC Derivatives Operations & Processing conference was days away, I settled on a front page article about the infamous Messrs Dodd and Frank. As I started to read the article
Clearing and Settlement
The CFTC Gives the CME Group a ‘Time Out’
According to an article in the Financial Times last week, the CFTC is frustrated with the CME Group in what seems to parallel a typical adult/adolescent disagreement that arises when new rules are put in place. The disagreement stems from the mandatory position limits that are to be introduced into the futures market as outlined
Derivatives
Election Outcome Undecided… For Financial Regulation That Is
This week, as we all know, was election week, and the results, while perhaps not shocking, are sure to send a surge of changes down Wall Street yet again, but how big are these changes really going to be? While the Republicans now control the House, the control of the Senate still lies with the
Dodd-Frank
Will Wall Street Leave Home?
I came across a blog article recently that posed a thought provoking and potentially frightening question, “How long will Wall Street stay in America?” Being that the Wall Street business is the business we are in, as well as our clients, I thought it was something I should read. According to the author, Robert Reich,
Compliance
Investment Advisor Registration Requirements
Guest Contributor: Diana Kearns, Director of Marketing and Public Relations, Accounting & Compliance International (ACI) An investment advisor is any entity that provides fee-based advice regarding the buying and selling of securities. Under the Investment Advisers Act of 1940, investment advisors are required to register with either the SEC or the state – which one
