Our News page provides you access to company press releases, CMA professionals in the news, industry recognition and the CMA company brochure. It also provides access to our thought leaders who regularly contribute articles, blogs, quotes and viewpoints on matters affecting the financial industry. In addition, our News tells you when we’re speaking at industry events. From September 9-11, CMA Partner Michael Hartig spoke at the International Securities Association for Institutional Trade Communication (“ISITC”) conference in Washington, DC presenting about “Preparing for New Regulation”. On October 3 in New York, he spoke about FATCA compliance applied to Corporate Actions at the FTF Conference on Corporate Actions Processing. On October 19, CMA Partner Mike Zimits led a panel on, and spoke about Collateral Management & Risk Management of non CCP-cleared trades at the SCI’s 3rd Annual OTC Derivatives Seminar produced by Structured Credit Investor with co-sponsors CME Group, Bingham McCutchen LLP and InterContinental Exchange “ICE”.
With all the regulatory upheaval in the recent past, present, and near future, the last thing the markets need is another fundamental change in the rules of the game, but that’s exactly what we have in the projected retirement of some (but not all) of the various interbank offered rates (IBORs) by the end of 2021. While not a change in the regulations per se, this change may actually have… Read More »
Even the rollbacks of unpopular rules can have unintended consequences, particularly as they bump up against other rules in the process of being formulated. Such is the case between the proposed revisions to the Volcker Rule and the often-delayed Fundamental Review of the Trading Book. George Bollenbacher examines the implications. Click here for the full article
Among the regulatory requirements that have crept up to bite us, none appear to be more troublesome than the reporting of complex trades. With global regulators attacking the issue independently, disparate requirements are complicated and often unclear. CMAs George Bollenbacher breaks down just how complicated reporting obligations can be. Check out the full article on TabbForum here: https://tabbforum.com/opinions/its-complicated-reporting-complex-trades-across-the-globe
The recent global hack attack using algorithms apparently stolen from the NSA should focus our attention on the safety of the electronic information floating around the world’s capital markets, particularly in light of MiFID II’s personal data reporting requirements. But the EU’s new Global Data Protection Requirement should provide some comfort, shouldn’t it? CMA’s George Bollenbacher looks closely at the rule on his latest article on TabbFORUM. Link: https://tabbforum.com/opinions/the-gdpr-in-a-hackers-world
Having trouble following and understanding all of the new market regulations coming out of Europe? Looking for a guide to MiFID? MiFID II? MAR? MAD? Download and read through CMA’s new EU Regulations Series in which George Bollenbacher explores various EU market regulations and their effects. [download id=”1837″]
Are you curious about how MiFID II and MiFIR will be implemented, both in Europe and for US investment firms? Check out CMA’s George Bollenbacher’s analysis of the latest Q&A’s released from ESMA now on TabbFORUM. Read the article here: https://tabbforum.com/opinions/arent-you-glad-you-asked-esmas-latest-q-and-as
As market participants worldwide get serious about preparations for MiFID II, how the EU rules compare with the same approaches in other jurisdictions continues to be an important question. The disparities between the EU rules for best execution and those in the US are very large. CMA’s George Bollenbacher examines the different requirements, warning that the disparities are likely to cause another cross-border nightmare for market participants. Check out the… Read More »
“How liquid are the markets today? Lately, everyone seems to want to know, and many regulatory regimes vary their requirements based on the liquidity of the instrument under consideration.” Want to know more? Check out this pertinent and timely article from CMA’s George Bollenbacher to find out! https://tabbforum.com/opinions/the-myth-of-measuring-liquidity
Webinar: Navigating the MiFID Maze Check out this informative and comprehensive free webinar from George Bollenbacher, Partner and Head of CMA’s Regulatory Reform Practice, who will help you “Find Your Way Through the MiFID / MAR Maze.” George will walk you through the Role of an Order Management System (OMS) once MiFID II comes into effect, and configuring your OMS in the future. Watch the complete recording here: https://www.youtube.com/watch?v=m7eGoFRC1Eo [nform id=’46’]
The new Market Abuse Regulation in Europe includes enhancements that strengthen rules against insider trading and market manipulation, and add provisions to prevent and detect them. While most firms should be well on their way to having systems ready for compliance, firms need to take note of these six major changes in the regulation. We are almost under starter’s orders for compliance with the new Market Abuse Regulation (MAR), which… Read More »
CMA is excited to welcome Diane Gabriel to our team as our Executive Director of Wealth Management Recruiting and Senior Business Development & Talent Acquisition Specialist.… Read More »
CMA is thrilled to announce that both David Carle of CMA and Nexus FrontierTech, as well as Danny Goh of Nexus will be speaking at… Read More »
The transition from LIBOR to the Fed-published Secured Overnight Financing Rate (SOFR) or possible alternatives is motivated in large part by the mandated cessation of… Read More »
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