14 February 2016

Latest articles for Securities Industry and Financial Markets Association (SIFMA)

 

Sifma urges adoption of cybersecurity information sharing legislation

20 October 2015  |  1438 views  |  0 Company announcement

SIFMA today submitted the following letter from Kenneth E. Bentsen, Jr., president and CEO, to the Senate calling for action to bring up and adopt the Cybersecurity Information Sharing Act (CISA) and for a quick agreement between the House and Senate to send a bill to the President:

 

Information sharing key to cybersecurity - Sifma

17 September 2015  |  1340 views  |  0 Company announcement

SIFMA today released the following statement from Kenneth E. Bentsen, Jr., president and CEO, upon completion of SIFMA’s Quantum Dawn 3 cybersecurity exercise.

 

US agrees T+2 timetable

18 June 2015  |  3729 views  |  0 News

The US securities industry is finally to move to a two-day settlement cycle (T+2), but not until the end of Q3 2017, some three years after similar shifts in other global markets

 

Sifma urges swift passage of Senate cybersecurity legislation

10 June 2015  |  999 views  |  0 Company announcement

SIFMA today released the following statement from president and CEO Kenneth E. Bentsen, Jr., after Senator Richard Burr offered the Cybersecurity Information Sharing Act (CISA) as an amendment to the National Defense Authorization Act (NDAA):

 

Finra backtracks as opposition to Cards projects mounts

06 May 2015  |  3120 views  |  0 News

In the face of fierce opposition from industry bodies, Wall Street watchdog Finra appears to be backtracking on proposals to introduce an automated data collection system designed to help identify risky and suspicious activities.

 

Sifma submits cyber security testimony to US Senate banking comittee

10 December 2014  |  2068 views  |  0 Company announcement

Sifma today released the following excerpts from a testimony submitted to the Senate Banking, Housing, and Urban Development Committee's hearing entitled "Cybersecurity: Enhancing Coordination to Protect the Financial Sector":

 

Sifma slams Finra data collection plans

02 December 2014  |  3208 views  |  0 News

Plans by Wall Street watchdog Finra to introduce an automated data collection system designed to help identify risky and suspicious activities have been blasted by lobby group Sifma on cost, security and privacy grounds.

 

Staples investigates data breach; Moscow cleared of JPMorgan hack

21 October 2014  |  7980 views  |  1 News

Office supply retailer Staples has become the latest firm to reveal that it is investigating a possible data breach that could leave customer payment card details at risk.

 

DTCC to oversee US market shift to T+2

16 October 2014  |  8338 views  |  0 News

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 trade lobbies call for review of regulatory burden

03 September 2014  |  1638 views  |  1 Company announcement

The Financial Services Roundtable (FSR) and the Securities Industry and Financial Markets Association (SIFMA) submitted a comment letter to the federal banking regulators today requesting changes to a host of banking regulations that are outdated, unnecessary or unduly burdensome for financial services companies.

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