SEC Commissioner Caroline A. Crenshaw recommended additional regulation on the fixed income and options markets.
News & Insights
A broker-dealer settled FINRA charges for failing to accurately report non-broker-dealer customers' transactions to the Trade Reporting and Compliance Engine.
SEC Chair Gary Gensler previewed current and future agency efforts to further regulate the "$50 trillion-plus U.S. bond markets." Mr. Gensler asserted that the fixed income markets need (i) greater transparency, (ii) additional rules for electronic platforms and (iii) to increase financial resiliency.
The SEC extended no-action relief for FINRA members that do not comply with SEA Rules on the initiation or resumption of quotations without specific information on fixed income securities.
SEC Commissioner Caroline A. Crenshaw described potential risks to investors and the economy associated with the Broadly Syndicated Loan market.