SteelEye, the compliance technology and data analytics firm, has appointed Matt Smith (pictured), a highly-experienced regulatory tech specialist, as its new Chief Executive Officer. Smith’s appointment is aimed at helping drive the firm’s growth as it markets its secure and
The US CFTC has entered into non-prosecution agreements with the former Citigroup Global Markets traders – Jeremy Lao of New York, New York, Daniel Liao (of Minato-Ku, Japan, and Shlomo Salant of New York, New York. In their non-prosecution agreements,
McObject and GoldenSource have teamed up to deliver deliver what they say is the fastest available Enterprise Data Management (EDM) designed for regulatory compliance, using McObject’s database technology, eXtremeDB, in the GoldenSource Market Data Solution. GoldenSource is an independent provider
A new survey by JWG has found that 90 per cent of buy-side firms believe they are at either high or medium risk of not being MiFID II compliant by the January 2018 deadline, despite this date having already been
The drive towards unbundling research budgets from execution services under MiFID II will alter the fund industry landscape, placing greater pressure on smaller asset managers as the research tap – funded by commissions spent by their billion dollar brethren –
Regulatory data exchange Silverfinch has highlighted the importance of ensuring all data is securely stored and managed in the lead up to the regulatory step change of MiFID II. From 3 January 2018, MiFID II product governance will require manufacturers
The European Commission must prioritise non-bank finance and deeper capital markets as part of its regulatory review, according to the Alternative Investment Management Association (AIMA). AIMA made the comments in its response to the European Commission’s Call for Evidence on
McVean Trading & Investments, LLC (MTI), a Memphis-based Futures Commission Merchant (FCM), its Chairman and CEO, Charles Dow McVean, Sr, President, Michael J Wharton, and long-time MTI consultant Samuel C Gilmore (Gilmore) are to pay USD5 million to settle CFTC
TORA, provider of a cloud-based order and execution management system (OEMS), has joined the London Stock Exchange Group’s UnaVista Partner Programme to help clients meet the transaction reporting requirements of MiFID II. When MiFID II comes into force in January
A new survey by RSRCHXchange shows a significant slippage in terms of timing for MiFID II compliance, with the vast majority of asset managers leaving this until Q4 or later, despite the regulations coming onto effect in January 2018. In
