SEC at odds with Finra over Pip data
The Securities and Exchange Commission finds itself in conflict with fellow regulators the Commodity Futures Trading Commission and the Financial Industry Regulatory Authority, while a recent pronouncement on benchmarks appears to contradict a global regulatory drive for greater transparency.
The tangled regulatory web in the US can leave investment professionals feeling that competing authorities could do more to ensure consistency in the approaches they are taking, rather than going in two different directions at the same time.
One case in point concerns the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Both have developed divergent approaches to the cross-border application of the Dodd-Frank Act, which possibly threatens the prospect
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net
More on Exchange-traded products
Realising the China opportunity
Webinar: HKEX
One size does not fit all: Smart beta explained
Sponsored feature: WisdomTree Europe
ETF Risk European Rankings 2015: ETF trading platform for institutional investors
Sponsored feature: Tradeweb
ETFs – Transforming the investment landscape in Asia
Sponsored survey analysis: Deutsche Asset & Wealth Management
Flood of oil ETF investors reshaping market, analysts say
'Massive' inflows cushioned oil price drop in early 2015, but could easily reverse
Currency-hedged ETF surge prompts hedging concerns
Eurozone QE programme prompts wave of investor interest
Currency-hedged ETF inflows boom
Investor interest sparks race to construct new products
Shanghai ETF option volatility spikes on China market fears
A crackdown on margin financing strengthens bearish sentiment
