Regulation/Compliance

Ninety percent of FINRA's operating expenses are driven by compensation and technology costs.

September's bond market news: The Securities and Exchange Commission fines advisors $1.3 million, Trump promotes a U.S. sovereign wealth fund, and more key developments.

The agencies are overstepping their statutory authority in trying to force the market to adopt a new securities identifier, says the American Bankers Association.

Increasing capital requirements for banks may incentivize them to buy Treasuries over other assets, including munis, said market participants.

The board is asking market participants to submit input on how their rules and practices generally impact small firms.

The first fees filed under the MSRB's new rate card model are in line with expectations,but its long term budget growth has some worried about its future.

For those of us who study government finance, either for investment purposes or for public policy purposes, complete data sets are far more useful than partial ones that will necessitate ongoing use of legacy PDFs of those issuers that are exempt.

Securities and Exchange Commission chairman Gary Gensler, speaking in front of the Senate Banking Committee, defended his tenure and the 22 rulemaking proposals he's adopted in the last few years.

The MSRB will request comment on Rule G-12 on inter dealer confirmations and seeks to codify or retire nearly 40 pieces of interpretive guidance related to it.

But the Securities and Exchange Commission's best-execution proposal, largely dismissed as duplicating an existing Financial Industry Regulatory Authority edict, could have wide-ranging implications for trading firms in options, bonds, and crypto securities as well as equities.

The board will be accepting comments on amendments to Rule G-47 until April 17.

The 2023 fiscal year chair, vice chair and four new members will be announced after the meeting and the board will adopt its FY 2023 budget.

The MSRB’s annual fact book, released on Wednesday, shows that par amount trading volume was down 28% in 2021 when compared with 2020.

Sarah Bloom Raskin, reportedly the Biden administration's top candidate for vice chair of supervision, would toughen the Federal Reserve's stances on the role of banks in combating climate change, capital requirements, the Volcker Rule and other policy areas, experts say.

MSRB Executive Director Mark Kim, as well as the board's new chair and vice chair sit down for a talk about the board's priorities in the new fiscal year.

Join Jim McKelvey, co-founder of Square as he offers his insights into where the Fintech industry is headed next year. Will a Biden administration insist on greater regulation? What will happen in the cryptocurrency markets? What will be the big IPOs in the sector? Will GooglePlex make a big splash? What new technologies or applications should we be expecting?

Especially helpful is the MSRB’s weekly report aggregating disclosures made to the EMMA website that describe the impact of COVID-19 on state and local governments’ financial condition and operating status.

Matt Boardman, head of fixed income for RBC Wealth Management, talks with Chip Barnett, about how the municipal bond market has changed over the past few months in light of the coronavirus pandemic. He talks about how the economic effects due to COVID-19 caused a "sudden and violent" dislocation in munis for over two months and how we’ve now returned to being a more rational and reasonable market and remains vibrant and strong.

Looking back on the last decade makes one realize that we have come a long way.

CEO Ken Bentsen and head of municipals Leslie Norwood talk markets, policy and regulations. John Hallacy and Lynne Funk host.