Tags: SEC

Senate Banking Hearing on US Equity Market Structure

On March 3rd, the Senate Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment conducted an open hearing on US Equity Market Structure titled: “Regulatory Reforms to Improve Equity Market Structure.”

Witnesseses included:
Steve Luparello, Director, SEC Division of Trading & Markets
Richard “Rick” Ketchum, Chairman & CEO, FINRA

The STA held an Open Call to review key highlights.

Presenter:

Eric Swanson
Executive Vice President, General Counsel, Secretary
Bats Global Markets, Inc.

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STA Open Call Notes are free for members.
Not a member?
Please consider a $10 donation to the STA Foundation here>

SEC Equity Market Structure Advisory Committee Feb 2 Review

On Tuesday, February 2, 2016 at 9:30am the SEC EMSAC held its third meeting. The Committee will focus on August 24, 2015 and certain issues affecting customers in the current equity market structure.

Presenter:

Reginald “Reggie” Browne
Senior Managing Director, Cantor Fitzgerald & Co.
Member EMSAC

CALL NOTES

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STA Open Call Notes are free for members.
Not a member?
Please consider a $10 donation to the STA Foundation here>

SEC Report on August 24 Events

On December 29, 2015 SEC Staff of the Office of Analytics and Research, (“OAR”) issued a research note assessing “..the operation of U.S. equity markets under the stressed conditions of August 24”.

On the call, the STA and representatives from the SEC’s OAR department reviewed the Staff’s report.

SEC Presenters include:

Charles Collver, Financial Economist
Mark Donohue, Senior Policy Advisor
Dan Gray, Senior Special Counsel
Arun Manoharan, Analyst

CALL NOTES

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STA Open Call Notes are free for members.
Not a member?
Please consider a $10 donation to the STA Foundation here>

SEC Proposed Amendments to Reg ATS

Special Presenter: Adam Sussman, Liquidnet

STA completed two days of visits on the Hill and with the SEC. Topics discussed included the SEC’s proposed new rules to Regulation ATS. In particular, the policy and procedures under which ATSs will file amendments. We also discussed FIF’s recent comment letters on the data gathering requirements for the Tick Size Pilot.

CALL NOTES

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STA Open Call Notes are free for members.
Not a member?
Please consider a $10 donation to the STA Foundation here>

SEC Market Structure Advisory Committee Oct. 27 Meeting Review

Special Presenter: Joe Ratterman, Chairman, BATS Global Markets

This was the second official meeting of this newly formed committee
The agenda included (1) Rule 610 of Reg NMS, aka the “trade through rule”; (2) Regulatory Structure of Trading Venues; and (3) Recent Market Volatility.

CALL NOTES

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STA Open Call Notes are free for members.
Not a member?
Please consider a $10 donation to the STA Foundation here>