Category: STA in DC

STA Comment Letter on Exchange Act Release No. 30-95388; File No. S7-05-15. Exemption for Certain Exchange Members

The Security Traders Association (“STA”) appreciates the opportunity to provide comments in responseto the Securities and Exchange Commission (“Commission”) re-proposal of amendments to Rule 15b9-1under the Securities Exchange Act of 1934 (“Act” or “Exchange Act”) that exempts certain registeredbrokers or dealers from membership in a registered securities association (“Association”). The reproposed amendments (“Proposal”) “would replace…  Read more

STA Comment Letter on JOBS 4.0 Discussion Draft

The Security Traders Association (STA) appreciates the opportunity to provide comments on theJOBS 4.0 discussion draft. STA is an organization comprised of individuals who are involved inthe trading of financial securities in the U.S and Canada. Our members are employed at retailbrokerage firms, agency only broker-dealers, asset owners and managers, market makers, liquidity providers and…  Read more

STA Comments on SEC Chair Gary Gensler’s Remarks on Equity Market Structure Reform

New York, June 13, 2022 (GLOBE NEWSWIRE) — In response to remarks from SEC Chair Gary Gensler on equity market structure reform, Security Traders Association (STA) issued the following statement from President and CEO Jim Toes: “STA agrees with SEC Chair Gary Gensler that retail investors have greater access to the equity markets than ever…  Read more

STA Letter to FINRA on Complex Topics and Options

The Security Traders Association (“STA”) appreciates the opportunity to provide comments inresponse to the aforementioned Request for Comment (the “Request”) published by FINRA. STAis an organization comprised of individuals who are involved in the trading of financial securitiesin the U.S and Canada. Our members are employed at retail brokerage firms, agency only brokerdealers, asset owners…  Read more

STA Comment Letter on Short Position and Short Activity Reporting

The Security Traders Association (“STA”) appreciates the opportunity to providecomments in response to the aforementioned proposal (the “Proposal”)2 published bythe U.S. Securities and Exchange Commission (“SEC” or “Commission”). STA is anorganization comprised of individuals who are involved in the trading of financialsecurities in the U.S and Canada. Our members are employed at retail brokerage firms,agency…  Read more