Broker-dealer
Basel II Accord will reshape global banking, says Mercer Oliver Wyman
The implementation of the new Basel Accord, also called Basel II, will reshape the global banking industry, according to a report to be released this week by Mercer Oliver Wyman, a New York-based financial services strategy and risk management consulting…
SEC produces maverick Basel II framework, redefines op risk
Throughout the Basel Accord revision process, US regulators have had a reputation for going their own way on key issues, and the Securities and Exchange Commission (SEC) is no exception.
SEC publishes its own Basel II framework
The US Securities and Exchange Commission (SEC) has finally posted its proposals for its own Basel II framework for broker-dealers and investment bank holding companies on its website.
The SEC's E-mail Crackdown
Broker-dealers say vague wording in SEC rule 17a-4 will make compliance with the rule unnecessarily costly and burdensome.
Blurring the lines
A turf war between Atlanta’s IntercontinentalExchange and the New York Mercantile Exchange reveals a shift in the traditional role of over-the-counter brokers and exchanges, finds Catherine Lacoursière
