Securities Industry and Financial Markets Association (SIFMA)

50 results about this entity

Period: 21 Jun 2005 - 06 Dec 2024

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DTCC to oversee US market shift to T+2

DTCC to oversee US market shift to T+2

Within a week of European markets moving to a T+2 settlement cycle, the DTCC in the US has formed a steering committee and working group to oversee a similar shift for trades in equities, corporate and municipal bonds, and unit investment trusts (UITs).

US Treasury calls on financial sector to step up cybersecurity planning

US Treasury calls on financial sector to step up cybersecurity planning

A top US Treasury official has called on the financial services sector to step up its efforts to protect consumer privacy and critical infrastructures from the threat of cyber attacks.

Sifma calls for US market move to T+2

Sifma calls for US market move to T+2

Sifma is calling for the US capital markets industry to move to a T+2 settlement lifecylce, as other markets worldwide bid to bridge the gap between trade execution and delivery of financial contracts.

Sifma calls for US rulemakers to step up deployment of Legal Entity Identifiers

Sifma calls for US rulemakers to step up deployment of Legal Entity Identifiers

US securities trade body Sifma has called for broader uptake of Legal Entity Identifiers by the country's regulators, amid fears that the US is being left behind as other nations push ahead with mandatory implementation of the uniform trade reporting standard.

Sifma calls for better communication following cyber-attack simulation

Sifma calls for better communication following cyber-attack simulation

In the wake of a cyber-attack simulation, US financial services industry trade body Sifma has called on politicians to bring in legislation designed to improve communication between the government and private firms.

Financial industry welcomes Obama cybersecurity plans

Financial industry welcomes Obama cybersecurity plans

US President Barack Obama has signed a cybersecurity executive order designed to improve collaboration and information sharing between the government and critical infrastructure providers such as banks.

Shortening US trade settlement cycle a big money saver - BCG

Shortening US trade settlement cycle a big money saver - BCG

Shortening the time period between trade execution and settling payment for US cash securities transactions could reduce the industry's costs and risk exposure by several hundred million dollars a year, according to a report from the Boston Consulting Group (BCG).

US to explore shortened trade settlement cycle

US to explore shortened trade settlement cycle

The Depository Trust & Clearing Corporation (DTCC) in partnership with the Securities Industry and Financial Markets Association has commissioned the Boston Consulting Group to research the prospect of shortening US trade settlement cycles.

Wall Street calls for more delays to Dodd-Frank rules

Wall Street calls for more delays to Dodd-Frank rules

Financial market trade groups have written to industry regulators asking for more time to review new swap trading rules.

Legal Entity Identifier standard nears

Legal Entity Identifier standard nears

Plans to create a new legal entity identifier (LEI) system to help regulators and industry participants monitor systemic risk are gathering momentum, with Swift winning a vote to act as the registration authority for the ISO standard and a group of trade associations setting out their framework.

Schapiro calls for stronger automated trading systems oversight

Schapiro calls for stronger automated trading systems oversight

Securities and Exchange Commission chairman Mary Schapiro is calling for tougher regulation on automated trading systems in a bid to combat the risks of algorithmic-generated volume surges and hacking.

Wall Street steps up analytics spending

Wall Street steps up analytics spending

Over 90% of Wall Street firms expect to increase spending on analytics over the next year, with risk and compliance the areas most likely to see greater investment, according to a survey from IBM and Sifma.

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