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  • Statement on Appointment Of New PCAOB Board Members, SEC Chairman Jay Clayton, Dec. 12, 2017

    Date 12/12/2017

    As was announced earlier today, the Commission has appointed a full slate of five new members, including a new Chairman, to the Public Company Accounting Oversight Board (“PCAOB”). I am gratified that the Commission has taken action on this important matter. As I stated in August when we began the search process for new PCAOB Board members, the PCAOB has been instrumental in improving the quality and reliability of public company audits for the protection of investors. Audited financial statements are at the heart of the SEC’s disclosure-based regulatory regime: a company’s financial statements provide investors with a wealth of material information, but the independent audit gives investors confidence that those statements can be trusted. The PCAOB is thus a critical part of the oversight of our local, national, and international capital markets.

  • CFTC’s Technology Advisory Committee To Meet On January 23, 2018

    Date 12/12/2017

    The Commodity Futures Trading Commission’s (CFTC) Technology Advisory Committee (TAC) will hold a public meeting on January 23, 2018 at CFTC’s Washington, DC, headquarters.

  • SEC Appoints New Chairman And Board Members To PCAOB

    Date 12/12/2017

    The Securities and Exchange Commission today announced the appointment of William D. Duhnke III as Chairman and J. Robert Brown, Kathleen M. Hamm, James G. Kaiser, and Duane M. DesParte as Board members of the Public Company Accounting Oversight Board (PCAOB).

  • Canadian Regulators Sign An Agreement With The Australian Securities And Investments Commission

    Date 12/12/2017

    The securities regulatory authorities in Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Québec and Saskatchewan (participating jurisdictions) today announced a co-operation agreement with the Australian Securities and Investments Commission (ASIC). This agreement will allow the participating jurisdictions and the ASIC to exchange information on fintech trends and development, and efficiently refer innovative businesses seeking to enter the others’ markets.

  • Market Assessment: Sell-Side Connectivity Results From TABB Group

    Date 12/12/2017

    TABB Group recently interviewed 23 senior trading executives from Tier 1 and Tier 2 sell-side firms, as well as five technology vendors, to better understand the dynamics behind the global equities trade execution and trading connectivity businesses. These businesses feature a number of different components, many of which are in flux because of three major drivers: (1) regulation/MiFID II, (2) low volumes and volatility, and (3) changing technology. TABB Group’s latest research note, “Market Assessment: Sell-Side Connectivity Results,” contains the high-level results of our outreach and includes an analysis of market drivers, trends and the voice of the market.