Reg NMS Stock ATS; Dually listed securities
STA Issues *SEC Release No. 34-767474; File No. S7-23-15; Regulation of NMS Stock Alternative Trading Systems (“Proposal”) *Request to NMS Plan Participants to exclude Canadian dually listed securities from Tick… Read more
Tick Size Pilot Data Collection, FIF on FINRA’s Tick Size Pilot rule filings
STA Issues *SEC Release No. 34-767474; File No. S7-23-15; Regulation of NMS Stock Alternative Trading Systems (“Proposal”) *FIF comment letters to Mr. Robert Errett, dated December 16, 2015 on FINRA’s… Read more
Tick Pilot Data Collection, SEC EMSAC, Venture Exchanges, FTT
STA Issues *Implementation of Tick Size Pilot; Data Reporting Requirements *SEC Equity Market Structure Advisory Committee *U.S. Venture Exchange; U.S. Venture Markets and TSX Venture Exchange *Financial tax reform/Financial transaction… Read more
Venture Exchanges, IIROC Anti Avoidance Rule – March 23, 2015
STA Issues: *Cross border issues with US and Canadian regulators *Venture Exchanges; A broker dealer perspective on TMX Venture Exchange *FSOC Notice Seeking Comment on Asset Management Product & Activities… Read more
Talking Points – Shareholder ID; SEC EMSAC; FSOC Notice on Asset Management Products & Activities
Who We Are STA is comprised of 24 affiliate organizations covering the entire US and Canada. The STA national board of governors is comprised of past presidents and industry specific… Read more
Cross Border Pilot on Trading Rebates
STA Issues: Tick Size Pilot Program Plan *STA has supported the creation of a tick size pilot program to determine the impact that increasing the pricing increments may have on… Read more
SEC Market Structure Advisory Committee; Tick Size Pilot; Holistic Review
STA Issues: *STA has supported the creation of a tick size pilot program to determine the impact that increasing the pricing increments may have on the liquidity and trading of… Read more
SEC Market Structure Analyst Committee
STA Issues: *STA Comment Letter on the SEC announced Market Structure Analyst Committee, “MSAC” *SEC order directing the SRO’s & FINRA to submit a Tick Size Pilot Plan that will… Read more
SEC Market Structure Analyst Committee; Tick Size Pilot
STA Issues: *STA Comment Letter on the SEC announced Market Structure Analyst Committee, “MSAC” *SEC order directing the SRO’s & FINRA to submit a Tick Size Pilot Plan that will… Read more
SEC Chair White June Speech; Disclosure of Non-ATS volumes; Standardize reporting on order routing
STA Issues: *SEC Chair White’s June 5th Speech *Expand disclosure of dark volume reporting to Non ATS entities. *Standardized reporting on order routing disclosure Read specific comments (PDF)>