2021: Top five movers and shakers
FinTech Futures takes a look back at some of the year’s seminal hires and appointments.
FinTech Futures takes a look back at some of the year’s seminal hires and appointments.
The sanction is the largest financial penalty issued by the regulator.
The regulator has selected a bevy of Amazon solutions.
Self-regulatory body calls out the bank’s repeated failures.
The firm was hired to build a data warehouse for all stock-market activity.
Bank hit by a trio of regulators for money laundering fails.
US-based Financial Industry Regulatory Authority open to ideas.
Financial technology has the potential to radically transform the securities industry. The fast pace of change could lead to disintermediation, according to an Iosco study.
Financial Industry Regulatory Authority (Finra), a non-governmental organisation that regulates member brokerage firms and exchange markets in the US, has published an extensive report, evaluating the implications of blockchain for the securities industry.
Financial market participants have criticised plans for the New York Stock Exchange to begin monitoring itself through its non-profit division, NYSE Regulation, describing the move as a “retrograde step” that will never work in practice. NYSE is currently monitored by FINRA, an independent organisation.
One company grateful for the flurry of publicity given to the practice of front-running orders by the publication of Michael Lewis’s book Flash Boys earlier this year is New York-based Trillium, whose Surveyor market manipulation detection tool can be used to detect the practice.
Barclays has been fined $3.75 million by the US Financial Industry Regulatory Authority for its failure to keep electronic records, including emails and instant messages, which are required by law. The failure is the latest in a string of recent fines for the bank.
The US Financial Industry Regulatory Authority has appointed Carlo di Florio as executive vice president, risk and strategy. In his new role, di Florio will lead FINRA’s office of risk, emerging regulatory issues, enterprise risk management and strategy.