Supplemental Comments on Digital Asset Markets (Joint Trades)
SIFMA and joint associations provided additional comments to the President’s Working Group (PWG) on Digital Asset Markets Chair in support…
SIFMA provides comments to the Securities and Exchange Commission (SEC) on sponsored access, Exchange Act Release No. 59275; File No. SR-NASDAQ-2008-104. In the Proposal, NASDAQ proposes to define the scope of what it would consider to be a “sponsored access” arrangement. It further proposes to define the relevant parties – thus, the broker-dealer that sponsors a client or other counterparty’s direct access to an exchange would be a “Sponsoring Member,” and the sponsored client/counterparty would the “Sponsored Participant.” In furtherance of a broad obligation that Sponsoring Members be responsible for the conduct of their Sponsored Participants, the Proposal would impose substantive obligations on the Sponsoring Member in three different areas – Contractual Provisions, Financial Controls and Regulatory Controls – as discussed below. SIFMA strongly believes that having a good, consistent, predictable and practical rule is critically important to the industry.
SIFMA and joint associations provided additional comments to the President’s Working Group (PWG) on Digital Asset Markets Chair in support…
SIFMA provided comments to the Financial Accounting Standards Board (FASB) on the Invitation to Comment - Financial Key Performance Indicators…
SIFMA, SIFMA AMG, American Bankers Association (ABA), Bank Policy Institute (BPI), Institute of International Bankers (IIB), Insured Retirement Institute (IRI),…