It’s no secret that exchange-traded funds (ETFs) have become quite popular as instruments that “help institutions manage their cash flow, hedge risk, gain quick exposures to illiquid market segments and more,” as market research firm Greenwich Associates has noted. But is it time for the industry to take ETFs to the next level? A new… Read More >>
Time for a Crypto Cop?
Many people have been wondering when the controversial crypto currency phenomenon will get the regulatory oversight needed to provide safeguards for investors and other participants. In the U.S., the SEC and CFTC are pursuing guidelines and enforcement actions as the crypto efforts move full speed ahead. I’m certain that the regulators would appreciate additional help… Read More >>
Pushing for Post-Trade Reforms Across Europe
This is the season for pollen, Spring holidays and roadmaps from key industry players. Often the new roadmaps mean that some may no longer be on the journey. However, in this case, the Association for Financial Markets in Europe (AFME), a trade group for Europe’s wholesale financial markets, is pushing for a roadmap that will… Read More >>
CFTC Focuses on Crypto Currency Listings
Earlier this week, the CFTC via its Division of Market Oversight (DMO) and Division of Clearing and Risk (DCR) released an advisory that sets up guidelines for CFTC-registered exchanges and clearinghouses registered that want to list virtual currency derivative products. But, before we dive into the new details, it’s useful to review what the CFTC… Read More >>
SEC Whistleblower Program Proves That Honesty Can Pay
Sometimes crime pays well on Wall Street. But the SEC is doing what it can to show that honesty can also pay. In fact, the SEC’s whistleblower program is handing out its “highest-ever Dodd-Frank whistleblower awards” to two claimants that will share “nearly $50 million,” and a third claimant that will get more than $33… Read More >>
No Bonus Again for Deutsche Bank Execs
It appears that a CEO of a major, global bank is suggesting that for the second consecutive year executive managers do not exactly deserve a bonus. By contrast, the CEO is indicating that the rank and file employees should get one this year. John Cryan, the CEO of Deutshe Bank, made these declarations last week… Read More >>
