Happy New Year
“I like the dreams of the future better than the history of the past”
-Thomas Jefferson
On behalf of the STA Board of Governors and the 245 individuals serving on STA Affiliate Boards we wish you and your families a happy and healthy 2019.
From the Hill
brought to you by Williams & Jensen
SEC Staff Encourages Engagement on MiFID II
In the year since MiFID II became effective, broker-dealers, investment advisers, issuers and other market participants have had an opportunity to observe the effects of MiFID II’s research provisions.
“As the staff evaluates possible recommendations, it is invaluable to hear from a diverse group of market participants,” said SEC Chairman Jay Clayton.
Read more here
SEC OCIE Announces 2019 Examination Priorities
This year, particular emphasis will be on digital assets, cybersecurity, and matters of importance to retail investors, including fees, expenses, and conflicts of interest.
Read more here
Congress’s Incoming Class in More Diverse Than Ever
We looked at the newest additions to the House and Senate — 100 non-incumbent winners* — and found their average age is 49. That makes this incoming class the youngest in the past three cycles. It is also the most diverse cohort to date.
Read more here
STA in DC – Comment Letter – FINRA Continuing Education
Since the 2008 financial crisis, regulators have applied tremendous amounts of resources towards rule making. STA believes that regulation alone cannot prevent every case of poor behavior by market participants which does harm to investors. There is a need for education in this area and we recommend that the CE Council create a new category title “Ethics”…
Read more here
See STA December Newsletter here