News Centre

SIFMA, SIFMA AMG Express Strong Concerns With SEC Proposed Rules On Predictive Data Analytics

Date 10/10/2023

SIFMA and SIFMA AMG today submitted a letter to the Securities and Exchange Commission (SEC) on the proposed rules that would require the elimination or neutralization of the use of predictive data analytics (PDA) and PDA-like technologies by Broker-Dealers and RIAs. SIFMA strongly urges the Commission not to move forward with the proposed framework, and instead consider more appropriate ways to address potential risks related to the use of PDA-like technologies.

NYSE Group Consolidated Short Interest Report

Date 10/10/2023

NYSE today reported short interest as of the close of business on the settlement date of September 29, 2023.

Nasdaq Announces End Of Month Open Short Interest Positions In Nasdaq Stocks As Of Settlement Date September 29, 2023

Date 10/10/2023

At the end of the settlement date of September 29, 2023, short interest in 3,232 Nasdaq Global Market^SM securities totaled 10,707,778,036 shares compared with 10,586,849,412 shares in 3,247 Global Market issues reported for the prior settlement date of September 15, 2023. The end of September short interest represents 2.94 days average daily Nasdaq Global Market share volume for the reporting period, compared with 3.23 days for the prior reporting period.

Appropriating Appropriate Asymmetries: Statement On Modernization Of Beneficial Ownership Reporting Rule, SEC Commissioner Hester M. Peirce, Oct. 10, 2023

Date 10/10/2023

Although better than the proposed rule, the final beneficial ownership reporting rule continues to rest on flawed economics. Accordingly, I cannot support it.

Ontario Securities Commission Releases Report On Artificial Intelligence In Ontario’s Capital Markets

Date 10/10/2023

The Ontario Securities Commission (OSC) today published a report  exploring the use of artificial intelligence (AI) in Ontario’s capital markets.

TMX Group Equity Financing Statistics – September 2023

Date 10/10/2023

TMX Group today announced its financing activity on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) for September 2023.

Statement On Final Rules Regarding Beneficial Ownership, SEC Chair Gary Gensler, Oct. 10, 2023

Date 10/10/2023

Today, the Commission adopted final rules to shorten the deadlines by which beneficial owners of a company — those who own more than 5 percent of the company — must inform the public of their position. I am pleased to support this adoption because it updates these reporting requirements for modern markets, ensures investors receive material information in a timely way, and reduces information asymmetries.

Statement On Modernization Of Beneficial Ownership Reporting, SEC Commissioner Mark T. Uyeda, Oct. 10, 2023

Date 10/10/2023

The Commission has approved amendments to shorten the filing deadlines for initial and amended beneficial ownership reports filed on Schedules 13D and 13G.[1]  The final amendments reflect consideration of the concerns raised by commenters in response to the proposal.[2] 

CFTC Chairman Behnam To Participate In A Fireside Chat At The Carbon Forward Conference 2023

Date 10/10/2023

ISDA: Hidden In Plain Sight? Derivatives Exposures, Regulatory Transparency And Trade Repositories

Date 10/10/2023

From Archegos in the US to the energy crisis in the EU to the problems faced by liability-driven investment (LDI) strategies in the UK, recent events have meant derivatives transparency is once again becoming a public policy agenda priority. Some regulators have voiced concerns about whether they can see and monitor risk exposures at counterparties in their jurisdictions and even whether some relevant counterparties are beyond their regulatory reporting perimeter.