Institutional agency-only broker Instinet, LLC has been censured and fined a total of $1.575 million for alleged violations of various provisions of the market access rule (15c3-5 of the Securities Exchange Act of 1934), and related exchange supervisory rules. Instinet, founded in 1969, is a Nomura company. Nomura describes itself as an “Asia-headquartered financial services… Read More >>
An IT Veteran from UBS Joins DTCC as Congress Picks Top Posts for House Financial Services Committee
UBS IT Veteran Joins DTCC The Depository Trust & Clearing Corp. (DTCC) has hired an IT management veteran from UBS Christopher M. Behney as managing director, head of enterprise production assurance (EPA) and head of DTCC’s Dallas, Texas office, officials say. Behney will report to Robert E. Garrison, the managing director and chief information officer… Read More >>
