On December 14, 2022, the SEC proposed four rule filings relating to wholesale changes to equity market structure. The comment period for letters expired March 31, during which numerous leading industry firms responded with the submission of comment letters on the proposals. On this Open Call, we discuss two of these four proposals: SEC Proposals…  Read more

On December 14, the SEC unveiled its largest and most comprehensive set of proposed reforms to the US equity markets since Reg NMS was instituted in 2005. While these proposals were introduced as separate rule filings, they are interconnected, making it difficult for the industry to formulate opinions and provide input. Over the next few…  

The private markets continue to evolve, creating opportunities for managers, investors and companies. This open call focused on four main areas. First, we discussed the infrastructure of private markets compared to the equity public markets with a focus on transactions. Next, we addressed the exponential growth in size of the private markets today, along with…  Read more

On December 14 the SEC unveiled its biggest proposed reforms to the U.S. equity markets since Reg NMS was instituted in 2005. In its 6-hour Open Meeting the SEC’s Chairman Gary Gensler and Commissioners voted on four proposals which addressed a range of issues such as: Rule 605; tick sizes, access fees, price transparency, order…  Read more

The growth of financial services firms moving data and certain business functions to the cloud has increased exponentially post Covid. While the benefits of the cloud have existed for some time its industry’s ability to address the high thresholds of regulatory compliance and safeguards demanded by financial firms have contributed greatly to the overall demand…  Read more