Finadium’s Post

The US elections promise an end to the regulatory agenda of Gary Gensler at the U.S. Securities and Exchange Commission. For securities finance, taking key regulations off the board will reduce costs and deliver more liquidity to the market; the Gensler agenda won’t be missed. Look out for a version of US Treasury repo clearing to stick around though, either from a regulatory mandate or because it makes the best sense for the industry. More on #finadium: https://lnkd.in/exxh3U3Q

The latest rule change from the U.S. Securities and Exchange Commission affects the most fundamental investing concept: the settlement cycle. We asked our in-house expert, Anthony Colonna, Chief Editor of Securities, about the implications of the settlement cycle update. Read more from Anthony at the link in our comments, or drop your questions here. 👇 #securities #SEC #securitiesregulation #brokerdealer #financialprofessional #investmentbanking

The SEC’s “no-action letter” clarifying amended Rule 15c2-11 will come as welcome relief to broker-dealers quoting fixed-income securities. Read Larry Bergmann and Russell Fecteau’s takeaways. Read it here: https://lnkd.in/gMtU3aH6

Shortening the settlement cycle in Europe? a question of how, not if. Attend the European Securities and Markets Authority (ESMA) public hearing to: 💬get the preliminary thoughts of ESMA; 🔡further input on its ongoing assessment on shorter securities settlement cycles in the EU; 💡get the views of key panellists; and ⁉️answer questions from online participants. #posttrading #securitiessettlement #Tplus1

Recently, the US Securities and Exchange Commission adopted two new rules of the Securities Exchange Act of 1934 that significantly expand the definitions of a “dealer” and “government securities dealer.” Learn more here: https://ow.ly/n9oP50QyZyE

On May 1, 1975, a significant shift occurred in the world of investing: the dawn of commission-free trading in the United States. The Securities and Exchange Commission (SEC) took action, implementing changes that effectively deregulated brokerage commission rates. This pivotal move not only reduced the costs associated with trading securities but also heralded a new era of accessibility for individual investors. It marked a crucial step towards democratizing investing, empowering more people to participate in the financial markets and shape their financial futures. #Investing #CommissionFreeTrading #FinancialDemocratization #Innovation #MarketLiquidity

The Municipal Securities Rulemaking Board today released its Third Quarter 2024 Municipal Securities Market Summary. The report highlights key developments in the market during the quarter. https://lnkd.in/ewMxWT4q

Leveraging Smart Markets, the advanced analytics platform powered by Mosaic Smart Data & Euroclear, this paper analyses the US Treasury Bonds (UST) trading patterns exhibited by European and international investors during the period 15th – 24th July 2024, after the Trump assassination attempt on July 13th and Biden withdrawal from the presidential election on July 21st. Analysis of the US Treasury Bonds flows is updated up to 24th July 2024.

Navigating the complexities of trading can be challenging, but with the right planning, you can make tax-optimized decisions that enhance your financial outcomes. TRαDE is the next evolution of securities trading tax analysis, capable of calculating common tax considerations for stocks, bonds, and derivatives within a single, integrated algorithm. Reach out for more details on how RSM can help.

A big thank you to Gary Gensler, chair of the US Securities and Exchange Commission, for giving keynote remarks at the #ISDA/SIFMA Treasury Forum in New York today. In his remarks, Chair Gensler discussed the SEC’s rules to require mandatory clearing of certain US Treasury securities. “The goal of these reforms is to promote the efficiency and the resiliency of these markets. The rules promote efficiency through access, transparency, competition and facilitating all-to-all trading. Doing so lowers costs on behalf of US taxpayers. The reforms promote resiliency by bringing more transactions into central clearing, as well as having well-regulated dealers and platforms,” he said.