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  • FTT: This Time it’s Different, or is it?
    by Dawn Combs on February 21, 2019 at 2:54 pm

    FTT: This Time it’s Different, or is it? by Jim Toes As the field of 2020 Presidential candidates unfolds, it is becoming evident that a financial transaction tax (FTT) will be presented as a progressive means of raising funds for government programs. This will not be the first time our industry has faced this issue,…  Read more The post FTT: This Time it’s Different, or is it? appeared first on Security Traders Association. […]

  • Comment Letter: SEC No-Action Letters; MiFID II
    by Jim Toes on February 16, 2019 at 7:58 pm

    STA believes that a meaningful number of market participants anticipate the Commission granting an extension on the existing “no-action” relief. Therefore, a decision to allow the relief to expire in July 2020 risks to be highly disruptive if firms are not provided adequate time to adjust to the regulatory regime. Expiration would have a particular…  Read more The post Comment Letter: SEC No-Action Letters; MiFID II appeared first on Security Traders Association. […]

  • Open Call Report – Cannabis’ Emerging Opportunities
    by Jim Toes on February 8, 2019 at 5:03 pm

    STA Open Call – February 7, 2019 Call Notes[1] Cannabis: Emerging Opportunities Sachin Barot, CEO Ceres Labs Giadha Aguirre deCarcer, Founder & CEO New Frontier Data State of the Cannabis Union Report Here Opening Remarks – Jim Toes, STA Rule 606 – STA met with the SEC’s Trading & Markets team on the SEC’s Final…  Read more The post Open Call Report – Cannabis’ Emerging Opportunities appeared first on Security Traders Association. […]

  • Aiming to capitalize on a shifting liquidity landscape? Think about your platform
    by Jim Toes on February 7, 2019 at 4:44 pm

    Core strengths of our market ecosystem include its ability to serve a wide variety of investor types and the efficiencies it provides for capital to move across asset classes and international borders. In September 2018, a report published by the Bank for International Settlements identified three key structural trends that “have intensified in recent years” both domestically…  Read more The post Aiming to capitalize on a shifting liquidity landscape? Think about your platform appeared first on Security Traders Association. […]

  • Comment Letter: Industry Letter; 18th Amendment to LULD
    by Jim Toes on February 1, 2019 at 8:16 pm

    We are writing in regards to the Commission’s ongoing efforts to improve the resiliency of the equity market. We represent a diverse cross-section of market participants who are committed to ensuring that equity market structure fosters fair and efficient markets and adequately supports the needs of investors and issuers Read full letter here The post Comment Letter: Industry Letter; 18th Amendment to LULD appeared first on Security Traders Association. […]

  • Reflections from 2018
    by Jim Toes on January 11, 2019 at 9:56 pm

    by Mike Rask, Hodges Capital & STA 2018 Chairman Shortly after starting in this business, I recall a conversation with a long-time industry veteran who stated that “the financial services industry is constantly changing and evolving” and further, “try to understand what these changes mean and stay relevant.”  For perspective, at the time of this…  Read more The post Reflections from 2018 appeared first on Security Traders Association. […]