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  • SIFMA Statement On Issuance Of Revised No-Action Relief For SEC Rule 15c2-11

    Date 22/11/2024

    SIFMA today issued the following statement from president and CEO Kenneth E. Bentsen, Jr. on the issuance of revised no-action relief for SEC Rule 15c2-11:

    “Extending the 15c2-11 no-action relief is the right outcome and we commend the SEC for taking this approach.  SIFMA has long held that rules need to be fit for purpose and designed thoughtfully.  In this case, an equity-markets focused rule was ill-suited for application to the very different fixed income markets, and if the current no action relief that has allowed fixed income markets to continue to function effectively were to expire, these markets would have seen material disruption and investors would have been harmed through a reduction in liquidity and price transparency.  If this rule is to be applied to fixed income markets, it needs to be revised through a public notice and comment process so that the Commission can design a rule that both protects investors and promotes, rather than impairs, the ability of fixed income markets to fund the consumer, business, and other credit creation that fuels our economy.”

  • DTCC Comments On SEC Action On FICC Rule Filings

    Date 22/11/2024

    The Depository Trust & Clearing Corporation (DTCC) issued the following statement:

    "We are pleased that the SEC took action to approve FICC's rule filings related to access models and segregated accounts & margin. With these approvals, we are now ready to advance our implementation efforts with the industry, in preparation for next year's deadlines."

  • SEC Commissioner Lizárraga Statement On His Planned Departure From The Commission

    Date 22/11/2024

    I notified President Joe Biden of my intent to step down as SEC Commissioner, effective January 17, 2025.

  • Ontario Securities Commission Introduces New Investing Academy Course During Financial Literacy Month

    Date 22/11/2024

    The Ontario Securities Commission (OSC) today added a new course, Investing 102: Beyond the basics, to Investing Academy by GetSmarterAboutMoney.caInvesting Academy is a series of free interactive courses that teach people about money and investing.

  • Nasdaq Announces Semi-Annual Changes To OMX Stockholm Benchmark™ Index

    Date 22/11/2024

    Nasdaq (Nasdaq: NDAQ) announced today the results of the semi-annual review of the OMX Stockholm Benchmark™ Index, (Nasdaq Stockholm: OMXSB), which will become effective at market open on Monday, December 2, 2024.