“The days of unreasonable deadlines have passed,” declared SEC Chairman Paul S. Atkins late last month. The head of the SEC was referring to the commission’s vote to extend the compliance date to June 30, 2026, for the amendments to the broker-dealer “Customer Protection Rule (a.k.a. Rule 15c3-3).” “This extension will provide more time for broker-dealers… Read More >>
Calero Automates the Management of LSEG Entitlements
Automation has come to the management of the London Stock Exchange Group’s Refinitiv Data Platform (Hosted) via a new application programming interface (API) link and eBonding capabilities from Calero, a solutions provider for managing the cost and compliance of market data, officials say. The Calero support is intended to help heads of market data and… Read More >>
30% of E.U. Firms Have No T+1 Plans
Almost three in 10 firms have yet to begin any planning for Europe’s T+1 transition, scheduled to take effect on Oct. 11, 2027, according to a new research report, with a further two in ten — representing 19 percent of respondents — still in the process of scoping the necessary work. The remaining firms, however,… Read More >>
SEC & CFTC Extend Form PF Amendments Deadline Again
Ops and compliance teams are likely breathing a sigh of relief after the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) extended the compliance date for the amendments to Form PF from June 12 to October 1, 2025, in an eleventh-hour move. However, the deadline extension could give SEC Chairman Paul S. Atkins… Read More >>
Outdated IT Spurs Staff & Customer Frustrations
(Financial services firms need to keep their IT infrastructure current or risk pushback from staff and clients, says Kristin Ferguson, CFE, CAMS, CFI, senior director, enterprise investigations, TIAA- Nuveen, in an FTF News Q&A. At TIAA-Nuveen, Ferguson’s responsibilities include conducting and overseeing targeted, highly sensitive investigations, including but not limited to: embezzlement, bribery/kickbacks, vendor fraud,… Read More >>
Congress Mulls the Fate of the PCAOB
Securities firms, investors, government officials, and all other capital markets participants rely on the financials that auditors of public companies provide. Yet scandals large and small led to the creation of an auditor of the auditors in 2002, dubbed the Public Company Accounting Oversight Board (PCAOB), which was fostered by the U.S. Congress and then-President… Read More >>
Microsoft Joins FINOS as Platinum Member
Microsoft has become a Platinum Member of the Fintech Open Source Foundation (FINOS), part of the Linux Foundation, and will be expanding its leadership role within the FINOS community, officials say. “With this expanded engagement, Microsoft is the first cloud service provider joining the FINOS Governing Board, represented by Allison Nachtigal, vice president, Azure chief… Read More >>
FTF Reveals Winners of the 14th Annual Awards Program
Financial Technologies Forum (FTF) has revealed the winners of the 2025 FTF News Technology Innovation Awards program, and cutting-edge and mainstream achievements are the common themes among the winners. The FTF Awards program — now in its 14th year — honors providers, organizations, and individuals who made significant contributions to the profession of securities operations… Read More >>
Ex-Goldman Sachs MD Sent to Prison via 1MDB Scandal
The wheels of justice in the U.S. appear to be a little rusty, but they still run, and every once in a while, they remind us of a major scandal or two. This is proving to be the case for Tim Leissner, a former chairman and participating managing director (MD) for Southeast Asia at Goldman… Read More >>
Bloomberg Terminals to Offer Similarweb’s Web Traffic Data
Bloomberg Terminal users now have access to web traffic data from Similarweb through the {ALTD<GO>} command, an offering intended to assist trading firms that want to better understand online behavior. The inclusion of Similarweb’s data and analytics will “significantly enhance” Bloomberg’s set of alternative data offerings, officials say. “Similarweb is the latest alternative dataset integrated… Read More >>
