updated Mon. December 9, 2019
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Pensions & Investments
April 27, 2018
The plaintiffs, the U.S. Chamber of Commerce, Financial Services Institute, Financial Services Roundtable, Insured Retirement Institute and Securities Industry and Financial Markets Association, said in a statement that "the 5th Circuit got it right in its March 15, 2018, opinion." Backers of the rule note thatÃÂ ...
Center for Public Integrity
April 27, 2018
The congressional campaign of Republican Mick Mulvaney — former U.S. House member from South Carolina and director of the Office of Management and Budget who was appointed acting director of the Consumer Financial Protection Bureau — relied on hundreds of contributions from political actionÃÂ ...
Crowdfund Insider
April 27, 2018
The Securities Industry and Financial Markets Association (SIFMA), along with a host of other public market advocates, published a paper yesterday urging policy makers to take action and address the decline of public companies. SIFMA stated the obvious that the decline in public companies creates fewerÃÂ ...
The Hill
April 27, 2018
In a joint statement Thursday, the Chamber, Financial Services Institute, Financial Services Roundtable, Insured Retirement Institute and Securities Industry and Financial Markets Association said the 5th Circuit got it right when it struck down the rule. “We will oppose any motion to intervene in this case atÃÂ ...
Law360
April 27, 2018
Law360 (April 26, 2018, 8:39 PM EDT) -- Aiming to reverse a decline in initial public offerings, Wall Street trade group the Securities Industry and Financial Markets Association and several partners published a slew of reform recommendations Thursday aimed at making public markets more attractive to companies.
PYMNTS.com
April 12, 2018
The Securities Industry and Financial Markets Association (SIFMA), the trade group for the financial industry, released a framework on Thursday (April 12) to protect the data of consumers when they give third parties the right to access that information. Reuters, citing SIFMA, reported the trade group said that while these thirdÃÂ ...
ECM Publishers
March 26, 2018
The SMG, a national program created by the Securities Industry and Financial Markets Association (SIFMA), is coordinated in Minnesota by BestPrep, a local non-profit. Twice a year, InvestWrite invites students to submit essays responding to a writing prompt related to the financial and strategic conceptsÃÂ ...
Bloomberg BNA
March 26, 2018
By contrast, JPMorgan recently agreed to pay $75 million to settle a lawsuit accusing it of adopting an overly risk investment strategy for its stable value fund. This victory for CVS is also a victory for the U.S. Chamber of Commerce and the Securities Industry and Financial Markets Association, both of whichÃÂ ...
MarketWatch
March 26, 2018
The U.S. Securities Industry and Financial Markets Association recommends an early close at 2 p.m. Eastern on Thursday for all U.S. dollar-denominated government TMUBMUSD10Y, -0.06% and other fixed-income securities. All major European stock exchanges will be closed on both days, including aÃÂ ...
International Investment
March 21, 2018
The Fifth Circuit Court of Appeals ruling “hasn't affected the way I'm approaching this” fiduciary rulemaking at the SEC, Clayton was quoted as telling a question-and-answer session at the Securities Industry and Financial Markets Association's annual compliance conference, according to ThinkAdvisor.com,ÃÂ ...
InvestmentNews
March 21, 2018
That's a decision I expect we'll be making this year," Mr. Cook said Tuesday at the Securities Industry and Financial Markets Association Compliance & Legal Society conference in Orlando, Fla. The move would be a further step in the "enhanced examination framework" that the broker-dealer self-regulatorÃÂ ...
Law360
March 20, 2018
Law360 (March 19, 2018, 9:48 PM EDT) -- The head of the U.S. Securities and Exchange Commission on Monday offered new snippets of what to expect from the agency's long-awaited plans to revise the fiduciary duty standard while also expressing exasperation with the slow rollout of the consolidated audit trail.
Compliance Week
March 20, 2018
... consistent, and workable standard that does not limit choice for investors,” plaintiffs—including The U.S. Chamber of Commerce, Financial Services Institute, Financial Services Roundtable, Insured Retirement Institute, and Securities Industry and Financial Markets Association—wrote in a joint statement.
New Europe
March 19, 2018
Put in place by the SEC in 2005, the Securities Industry and Financial Markets Association has recently called for it to be reviewed and updated since its effects were to fragment the market rather than foster competition. It is a good illustration of regulators successfully evolving – adapting regulation when itsÃÂ ...
Fox Business
March 8, 2018
Like Cohn and Warsh, she has held positions in finance including Fidelity Investments and the Securities Industry and Financial Markets Association (SIFMA), the voice of the U.S. securities industry as listed on her LinkedIn profile. During Wednesday's White House briefing, press secretary Sarah SandersÃÂ ...
Bond Buyer
March 1, 2018
The Securities Industry and Financial Markets Association, Bond Dealers of America, and the National Association of Municipal Advisors voiced their disapproval in comment letters filed with the commission this week. The MSRB filed the proposals -- amendments to G-21 for dealers and new Rule G-40 forÃÂ ...
ThinkAdvisor
March 1, 2018
Axelrod, who was formerly the head of regulatory operations at FINRA, recently spoke during a luncheon for the Securities Industry and Financial Markets Association's Compliance and Legal Society in New York City. She announced on Oct. 26 that she would depart the self-regulator, after 28 years atÃÂ ...
Nasdaq
March 1, 2018
Nasdaq and other exchanges have invested billions of dollars to develop technology that helps investors and entrepreneurs succeed in today's global marketplace. However, a few Wall Street firms and their trade association, the Securities Industry and Financial Markets Association (SIFMA), are rehashingÃÂ ...
InvestmentNews
February 23, 2018
We have to meet them," Ms. Tuteja said during a panel on social media and technology hosted by the Securities Industry and Financial Markets Association on Thursday. That's why TD recently announced it would allow customers to buy and sell stocks and ETFs using direct messages on Twitter — toÃÂ ...
Lexology
February 23, 2018
On February 12-13, 2018, members of the securities industry, regulators and financial crime experts met in New York City at the Securities Industry and Financial Markets Association (SIFMA) Anti-Money Laundering (AML) and Financial Crimes Conference to discuss current trends, regulatory issues andÃÂ ...
Securities Lending Times
February 15, 2018
The Securities Industry and Financial Markets Association (SIFMA) has testified to the US House of Representatives Committee on Financial Services Subcommittee on areas that could make regulations more risk-sensitive, less complex and clearer. The testimony, titled “Legislative Proposals RegardingÃÂ ...
Coindesk
February 14, 2018
Citing Venezuela's recent introduction of the "petro" cryptocurrency as an example, Sigal Mandelker told the Securities Industry and Financial Markets Association Anti-Money Laundering and Financial Crimes Conference that rogue regimes, terrorists and others use cryptocurrencies to "exploit the financialÃÂ ...
MarketWatch
February 14, 2018
The New York Stock Exchange and Nasdaq will be closed on Monday. Meanwhile, the Securities Industry and Financial Markets Association (SIFMA) recommends no trading in dollar-denominated securities, including bonds, money markets and certificates of deposit. Trading in futures and options on CMEÃÂ ...
ThinkAdvisor
February 8, 2018
The Securities Industry and Financial Markets Association says about 19% of all advisors are women. The number of female Certified Financial Planners now stands at 18,758. A record 1,250 women were certified in 2017, representing close to 29% of all newly certified individuals. Launched in SeptemberÃÂ ...
Law.com
December 31, 1999
“Seventy-two hours later” after the 5th Circuit Court of Appeals struck down Labor's fiduciary rule, “it hasn't affected the way I'm approaching this” fiduciary rulemaking at the SEC, Clayton said during a question-and-answer session at the Securities Industry and Financial Markets Association's annualÃÂ ...
Seeking Alpha
December 31, 1999
WASHINGTON, D.C., March 15, 2018 - "The U.S. Chamber of Commerce, Financial Services Institute, Financial Services Roundtable, Insured Retirement Institute, and Securities Industry and Financial Markets Association released the following statement today on a decision in favor of the plaintiffs by theÃÂ ...
Yahoo Finance
December 31, 1999
You can make the case that it is hard to see,” said Ken Bentsen, chief executive officer of the Securities Industry and Financial Markets Association, a Wall Street lobbying group. The bill has a good chance of becoming law. The U.S. House and President Donald Trump are eager to pass legislationÃÂ ...
Wicked Local
December 31, 1999
Eve received first place in Massachusetts and third place in the nation in the Securities Industry and Financial Markets Association (SIFMA) InvestWrite essay contest for the fall of 2017. Eve wrote about how she would manage money for the non-profit Love Uganda Foundation. [Daily News Staff Photo/KenÃÂ ...
ThinkAdvisor
December 31, 1999
18, 2018, the staff of the SEC's Division of Investment Management issued a no action letter to two fund sponsors (the Investment Company Institute (ICI) and the Securities Industry and Financial Markets Association (SIFMA)) who had proposed registration of ETFs that would allow investors to trade sharesÃÂ ...
Business Insider
December 31, 1999
Our friends at a handful of the largest Wall Street firms and their trade association, the Securities Industry and Financial Markets Association (SIFMA), are rehashing years-old and long-settled claims that stock exchanges unfairly profit from the sale of market data. They argue this results in higher costs thatÃÂ ...
Accounting Today
February 21, 2018
... direct Treasury obligations of the U.S. government (known as UST), the London Interbank Offered Rate (or LIBOR) swap rate, the Overnight Index Swap (OIS for short) Rate based on the Fed Funds Effective Rate, and the Securities industry and Financial Markets Association (SIFMA) Municipal Swap RateÃÂ ...
InvestmentNews
February 21, 2018
In addition to the Chamber, plaintiffs include the Securities Industry and Financial Markets Association, the Financial Services Institute, the American Council of Life Insurers and the Financial Services Roundtable. Though the plaintiffs are chomping at the bit for a decision, Erin Sweeney, a member at lawÃÂ ...
The National Law Review
February 20, 2018
On January 18, 2018, the staff of the SEC's Division of Investment Management issued a letter to representatives of the Investment Company Institute (ICI) and the Securities Industry and Financial Markets Association (SIFMA), raising questions concerning how funds holding substantial amounts ofÃÂ ...
Fox Business
February 19, 2018
The New York Stock Exchange and Nasdaq will be closed and the Securities Industry and Financial Markets Association (SIFMA) recommends no trading in dollar-denominated securities, including bonds, money markets and certificates of deposit. No economic data will be released and all federal andÃÂ ...
CT Post
February 18, 2018
In a study commissioned by the Securities Industry and Financial Markets Association, Deloitte reported that “access to brokerage advice services has been eliminated or limited by many financial institutions as part of their approach for complying with the Rule, and that retirement assets have shifted toÃÂ ...
Exchange News Direct
February 13, 2018
Thank you for the introduction. It's terrific to be back in New York City and with friends and former colleagues. As Under Secretary of Treasury's Office of Terrorism and Financial Intelligence (TFI) I have the honor of leading a group of incredibly dedicated professionals. TFI includes approximately 700 of theÃÂ ...
Financial Advisor Magazine
February 7, 2018
“The proposed rules would establish inconsistent adjudicatory standards and procedures applicable only to expungement applications, and would increase the cost and burden on registered representatives seeking to protect their reputations,” said the Securities Industry and Financial Markets AssociationÃÂ ...
InvestmentNews
February 6, 2018
Their stance was similar to recent opposition coming from trade associations representing brokers, such as the Securities Industry and Financial Markets Association and the Financial Services Institute. The revised CFP standards also received push back from the National Association of Personal FinancialÃÂ ...
The Intercept
January 30, 2018
Late last October, several hundred handsomely suited financiers gathered in the ballroom of a luxury Marriott, just two blocks down Pennsylvania Avenue from the Trump International Hotel. Lisa Kidd Hunt, the new chair of the Securities Industry and Financial Markets Association, practically glowed as sheÃÂ ...
InvestmentNews
January 25, 2018
Two prominent financial industry trade groups want the Certified Financial Planner Board of Standards Inc. to halt its effort to raise the designation's advice standard until the Securities and Exchange Commission has proposed its own fiduciary rule.
Cryptovest
January 19, 2018
... outlined key problematic areas of cryptocurrency trading in a letter addressed to the Investment Company Institute and the Securities Industry and Financial Markets Association. These areas include the valuation of underlying cryptocurrency assets held by ETFs and mutual funds; the liquidity of the funds'ÃÂ ...
YourStory.com
January 17, 2018
Abigail is a member of the Committee on Capital Markets Regulation, member of the Board of Directors of the Securities Industry and Financial Markets Association (SIFMA), and the first and only woman to serve on the board of the Financial Services Forum. Like Ana Patricia Botin, Abigail is also a four-timeÃÂ ...
Southernminn.com
January 17, 2018
OWATONNA — Teams of students from Owatonna Senior High School participating in The Stock Market Game (SMG) this past fall were recently recognized for taking 1st, 2nd, 3rd, and 4th place in the High School Division in Minnesota. Each of these teams was taught and advised by Tate Cummins.
Arkansas Leader
January 17, 2018
... teammates,” Carissa said. Studies show the hands-on critical thinking activity helps to increase participants' standardized test scores. The game is sponsored by Economics Arkansas, the Securities Industry and Financial Markets Association (SIFMA) and numerous local and national financial institutions.
Heavy.com
January 15, 2018
Martin Luther King Day is a federal holiday, which means there's no mail and certain finances are put on hold as well. While most banks are closed, a few choose to stay open, so it may be best to check with your local branches. Online banking and ATMs will, of course, remain open, though transactionsÃÂ ...
The 401(k) Specialist (blog)
January 15, 2018
The latter, Sheltered Harbor, is a major cyber-risk mitigation initiative launched by U.S. Banks, credit unions, broker-dealers and organizations like Securities Industry and Financial Markets Association (SIFMA). It's designed “to ensure consumers have access to critical account assets in the event of a majorÃÂ ...
Fox Business
January 15, 2018
The Securities Industry and Financial markets Association (SIFMA) recommends no trading in dollar-denominated securities, including bonds, money markets and certificates of deposit. Stock benchmarks were edging higher in the lead-up to the long weekend, eclipsing losses from a modest sell-off onÃÂ ...
Law.com
January 12, 2018
Duncan's long been a lobbying advocate for the Securities Industry and Financial Markets Association, a trade group whose membership includes the four banks. The association first hired him in late 2008 for dealings with the Treasury Department, according to lobbying disclosures. Cleary Gottlieb'sÃÂ ...
Newsday
January 12, 2018
Dudley told the Securities Industry and Financial Markets Association that U.S. corporations and wealthy individuals will benefit the most from the Tax Cuts and Jobs Act of 2017, adopted late last year. But he said both groups are unlikely to spend their windfall and thereby boost economic activity.
Investopedia (blog)
January 12, 2018
Over the past few weeks, The Wall Street Journal has reported that SEC staffers met with executives from The Charles Schwab Corporation (SCHW), Wells Fargo Advisors and trade associations including the Securities Industry and Financial Markets Association (SIFMA) and the Financial ServicesÃÂ ...
