Data Security (Joint Trades)
SIFMA, The Bank Policy Institute (BPI), the American Bankers Association (ABA), and the Managed Funds Association (MFA) provided comments to…
Summary
SIFMA AMG recently submitted a comment letter to the Department of Labor on its proposed rule to extend the applicability date of its fiduciary rule by 60 days. SIFMA AMG supports the proposed 60-day deferral of the April 10 applicability date and believes that at least 180 days in addition to the 60 days proposed will be needed to allow sufficient time to implement the Fiduciary Rule’s requirements and to prevent unnecessary costs and confusion should the Department decide to amend the Fiduciary Rule.
More Submissions
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Cboe Exchange v. SEC
Court: U.S. Court of Appeals (Seventh Circuit) Amicus Issue: Whether the SEC properly denied CBOE’s proposed rule to reclassify order…
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Recommendations on Reforms to the Consolidated Audit Trail
SIFMA provided comments to the U.S. Securities and Exchange Commission (SEC) on recommendations for reforms to the Consolidated Audit Trail…