Markets and Trading

Cryptocurrencies – Time to Understand the Products, Risks and Benefits

Cryptocurrencies and the distributed ledger technology behind them are changing the way the world thinks about financial transactions, settlement, and trading. Just in the last few days, major Wall Street firms have announced trading desks to focus on cryptocurrencies and two major US exchanges, NYSE / ICE and NASDAQ, are rumored to be considering trading… READ MORE

SEC Posts 2018 Exam Priorities

The SEC’s Office of Compliance Inspections and Examinations (“OCIE”) released its 2018 National Exam Program examination priorities yesterday. While most of the topics are familiar, there are a few new items of note. OCIE has divided its priorities into four categories: Retail investors including Seniors and those saving for retirement “Disclosures of the Costs of… READ MORE

DOL Extends Fiduciary Rule Transition Period

On Monday, November 27, 2017, the Department of Labor (DOL) announced an 18-month extension of its Fiduciary Rule transition period (Transition Period).  The primary purpose of the extension was to give the DOL additional time to consider public comments under criteria set forth in the Presidential Memorandum issued on February 3, 2017. In light of… READ MORE