U.S. House Financial Services Committee members reintroduced a bill that would block states from imposing financial transaction taxes on, among other securities industry participants, stock exchanges and broker-dealers.
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SIFMA recommended "minor enhancements" to the SEC's proposed amendments to the National Market System Plan governing the Consolidated Audit Trail.
IOSCO urged member jurisdictions to continue using internationally recognized "Core Standards" cyber regulation frameworks.
Representative Peter DeFazio introduced legislation that would levy a 0.03% tax on stock, bond and derivatives transactions in order to "discourage the same speculative financial trading that led to the 2008 Wall Street collapse and 2010 'Flash Crash.'"
Forty-five members of Congress signed a letter urging the Department of Treasury Committee on Foreign Investment in the United States to conduct a "full and rigorous" investigation into the potential acquisition of the Chicago Stock Exchange by Chinese company Chongqing Casin Enterprise Group.