Securities Industry and Financial Markets Association (SIFMA)

53 results about this entity

Period: 21 Jun 2005 - 21 Aug 2025

Finra backtracks as opposition to Cards projects mounts

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 slams Finra data collection plans

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

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

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

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 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

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

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

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 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

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

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