“Oops, I did it again” might work as an excuse once, maybe even twice, especially if accompanied by a twinkly smile. But 7.4 million times? It’s not that innocent, as Britney might say. Let’s all sing along with the verse: FINRA, the self-regulating authority for U.S. broker-dealers, which is overseen by the Securities and Exchange… Read More >>
SEC Officials Must Finalize CAT Data Security: SIFMA
Kenneth E. Bentsen, Jr., president and CEO of SIFMA, is calling upon the Securities and Exchange Commission (SEC) to pick up the pace when it comes to a data security proposal for the Consolidated Audit Trail (CAT) system, which is slated to go live in July. The CAT system is the result of SEC Rule… Read More >>
Rival Debuts Enterprise-Wide Risk Management Platform
Derivatives trading and risk systems vendor Rival Systems has launched an enterprise-wide risk management platform, Rival Risk, intended to help firms monitor risk and manage exposure in real time across multiple profit centers and asset classes, officials say. Newcomer Rival is making the tool widely available to brokerage and clearing firms, hedge funds, commodity trading… Read More >>
