Financial Transaction Taxes: A Fact Sheet
A Financial Transaction Tax is a Retirement Tax Which Harms Working Americans, the US Capital Markets and Individual Investors
In this fact sheet, we use independent studies, an analysis from the U.S. Congressional Budget Office and failed case studies to demonstrate:
- Fact: The tax would harm investors and decrease retirement savings
- Fact: What’s bad for the capital markets is bad for the economy
- Fact: Revenue generated is below expectations and investor costs are high
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- Market Practices and Model DocumentationJul 30, 2026
Treasury Clearing Documentation
To provide market efficiency, particularly as more entities come into the clearing ecosystem, SIFMA has convened representatives from both the buy- and sell-side in working groups to develop market standard documentation. Market standard documentation for the “Done-With” model is now available. The “Done-Away” model will require changes to market structure. As part of our efforts, SIFMA’s working groups will identify those needs.
Details
More Content
- Market Practices and Model DocumentationJul 30, 2026
Treasury Clearing Documentation
To provide market efficiency, particularly as more entities come into the clearing ecosystem, SIFMA has convened representatives from both the buy- and sell-side in working groups to develop market standard documentation. Market standard documentation for the “Done-With” model is now available. The “Done-Away” model will require changes to market structure. As part of our efforts, SIFMA’s working groups will identify those needs.