U.S. securities regulators have taken the unprecedented step of asking high-frequency trading firms to hand over the details of their trading strategies, and in some cases, their secret computer codes. The requests for proprietary code and algorithm parameters by the Financial Industry Regulatory Authority (FINRA), a Wall Street brokerage regulator, are part of investigations [...]
Posts Tagged ‘U.S. Securities and Exchange Commission’
Will you hand over your secret high-frequency trading codes to SEC & FINRA?
Posted: 09/14/2011 in Regulatory Compliance, Trading SoftwareTags: Algo, algo trading, codes, Financial Industry Regulatory Authority, FINRA, Hedge fund, HFT, High-frequency trading, SEC, Securities and Exchange Commission, Trading strategy, U.S. Securities and Exchange Commission, US, Vice president, Wall Street
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Dodd-Frank Act deadline nearing, is your company in compliance?
Posted: 07/14/2011 in Consulting, Regulatory ComplianceTags: Barney Frank, Dodd–Frank Wall Street Reform and Consumer Protection Act, Government, House Financial Services Committee, OTC Derivatives, Regulatory Compliance Reporting, Supporting Central Trading and Clearing, U.S. Securities and Exchange Commission, United States, United States House Committee on Financial Services, Wall Street
July 21 deadline for Dodd–Frank Wall Street Reform and Consumer Protection Act is approaching. With the Dodd-Frank deadline nearing, it is important that you evaluate whether the systems, processes and people you have in place can support the many requirements of the rule, including greater transparency and disclosure mandated by the reform. And the Impact of Dodd-Frank [...]
