Category: Taking Stock

To the Intern Class of 2022!

This STA article is dedicated to the many financial services interns in the United States and Canada. Please forward to those interns working among us this summer. Welcome to the Intern Class of 2022! It’s June, and that means that many college and graduate school students have started a summer internship program. For those interns…  Read more

Who Pays the SEC’s Bill on Crypto? (Hint: Not Crypto)

On Wednesday, Chairman Gary Gensler presented the SEC’s 2023 budget request before the House Appropriations Subcommittee on Financial Services and General Government. The SEC’s proposed budget, which was made public in late March, includes nearly doubling its Crypto Assets and Cyber team, a unit of its Enforcement division. I think all would agree that growth in the crypto markets necessitates…  Read more

My Word is My Bond

By Jim Toes, STA Most companies and organizations have a motto – something that serves as a guiding principle for their members and employees while also providing a succinct description of their priorities and brand. For STA, it’s Dictum Meum Pactum, which is Latin for “My Word Is My Bond.” This honorable principle dates back…  Read more

Wall Street Bonuses; How Much Will You Save?

By Jim Toes, STA Bonuses and pay raises have been reported with great enthusiasm in the daily journals recently. Speculation forecasts increases of 25%, 50% and higher, and comparisons to the past high-water mark set a decade ago are being made. For those individuals who have lived through the cyclical nature of our business and…  Read more

Christmas 2000: A Fine Year for Wine

By Jim Toes, STA If the trend is truly your friend, then 2021 will mark the 58th year that I wake up on December 25 with a child’s excitement and joy. While all of my past holidays have been memorable in their own way, I recall a unique story from Christmas 2000 that seems fitting…  Read more