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  • Remarks At The NSCP National Conference, SEC Commissioner Mark T. Uyeda, Dallas, TX, Oct. 16, 2023

    Date 16/10/2023

    Thank you for the introduction, Lisa [Crossley]. I am pleased to join you today at the annual conference for the National Society of Compliance Professionals (“NSCP”). During a period of unusually high rulemaking activity – a period not predicated by market-wide disruptions or systematic fraudulent activities by public companies and financial intermediaries – your focus on “for compliance, by compliance” is well-timed. Should the Securities and Exchange Commission (“Commission”) complete its full regulatory agenda, compliance professionals will bear the brunt of the immense burdens placed, or to be placed, on regulated entities. These remarks reflect my individual views as a Commissioner at the Commission and do not necessarily reflect the views of the full Commission or my fellow Commissioners.

  • BIS: Big Techs In Finance

    Date 16/10/2023

    Large technology companies, or big techs, are increasingly venturing into finance and transforming financial markets. Their activities in the financial sector have attained macroeconomic significance in several countries. Big techs owe their success to business models that generate a large stock of user data, which are then used to provide financial services. This paper focuses on the implications of the expanding footprint of big techs in finance.

  • SEC Division Of Examinations Announces 2024 Priorities

    Date 16/10/2023

    The Securities and Exchange Commission’s Division of Examinations today released its 2024 examination priorities to inform investors and registrants of the key risks, examination topics, and priorities that the Division plans to focus on in the upcoming year. This year’s examinations will prioritize areas that pose emerging risks to investors or the markets in addition to core and perennial risk areas.

  • SIFMA Conducts Successful 2023 Industry-Wide Business Continuity Test

    Date 16/10/2023

    SIFMA today issued the following statement from Charles DeSimone, SIFMA managing director, technology and operations, on SIFMA’s October 14, 2023 industry-wide business continuity test:

  • Sentiment Steadily Improving, With Another Week Of Inflows - CoinShares: Fund Flows

    Date 16/10/2023

    • Digital asset investment products saw inflows for the 3rd consecutive week totalling US$15m, although trading volumes remain 27% below the 2023 average.
    • Bitcoin saw US$16m inflows last week, bringing the year-to-date inflows to US$260m, while short-bitcoin saw inflows of US$1.7m last week too.
    • Last week was not positive for altcoins in general, with Tezos, Litecoin and Chainlink seeing outflows totalling US$0.25m, US$0.28m and US$0.31m respectively.