SEC Issues Statement on Market Structure Innovation for Thinly Traded Securities

The Securities and Exchange Commission today issued a statement that invites exchanges and other market participants to submit innovative proposals designed to improve the secondary market structure for exchange listed equity securities that trade in lower volumes, commonly referred to as “thinly traded securities.”

SEC Announces the Formation of Asset Management Advisory Committee

The Securities and Exchange Commission today announced the formation of its Asset Management Advisory Committee. The committee was formed to provide the Commission with diverse perspectives on asset management, and related advice and recommendations. Topics the committee may address include trends and developments affecting investors and market participants, the effects of globalization, and changes in the role of technology and service providers.

FIF Comment Letter on CAT

Since the inception of Rule 613, FIF has been deeply integrated in the formation of the CAT NMS Plan, the development of the CAT Industry Member Technical Specifications (“IM Tech Specs”), and has supported the Participants’ and the Plan Processors’ understanding of critical implementation issues that have and will continue to proliferate.

Read October Newsletter here