Hints and tips:
...Four, its creation would require no new legislation; the SEC and CFTC each have the existing authority to establish an SRO, and precedent exists for joint-agency SROs....
...A group of Chicago students have called on the city to invest in social workers, speech pathologists and other resources to address the “root causes of readily visible problems”....
...Mnuchin, Treasury secretary, said in January that the Financial Stability Oversight Council, which was set up after the 2008 financial crisis to identify threats to the US economy, had formed a working group...
...The operating committee of the CAT, or consolidated audit trail, say that the exchanges and other groups known as SROs “are discussing with the [Securities and Exchange] Commission staff an extension for...
...“In contrast to SROs that continually …enforce SRO and SEC rules, broker-dealers have no such regulatory obligations,” the letter said....
...As a result, the SEC’s information regarding the government securities market is not comprehensive and is clearly inferior to the information that is available to the SEC and the SROs with respect to the...
...“What I do think is critically important is how he was not shut down years ago by the SRO responsible for surveillance,” said David Lauer, president of Kor Group, a market structure consultancy....
...“Even if you could develop an SRO, it would take several years to get it up-to-speed and knowledgeable,” Mr Meyers says....
...JS: Exactly, and CME [Group, operator of clearing houses in Chicago and London] were the SRO [self-regulatory organisation] and because of CME’s size, they’re basically the SRO for almost everyone....
...A group of futures industry SROs, including the NFA and CME Group, the US exchange operator, said on Tuesday they would immediately begin electronically confirming the balances of customer segregated bank...
...“The CME Group is the SRO for MF Global. They’re the ones that go out and audit them and monitor their activities,” said the National Futures Association, an industry self-regulatory group....
...The IAA is a US trade group whose 500 members manage $9,000bn (£4,500bn, €5,800bn), although 50 per cent of his membership consists of smaller firms managing under $1.5bn....
...But a group of dissident NASD members has taken issue with the proposals for selecting the 23 members of the SRO board....
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