The CEOs of Citadel and Robinhood are calling for the US settlement system to be overhauled and shortened to protect against a repeat of the January GameStop volatility
The Legal Clause Library & Legal Data Standards paper sets out ISLA’s vision for a direction of travel for the industry in its digitalisation of the GMSLA, other documentation, and the industry at large
The WFE says the markets remained open and functioning despite the exceptional circumstances in 2020, but, after the peak in uncertainty observed in March, markets quickly recovered
A half-forgotten section of the US Dodd-Frank Act is being eyed as a vehicle to enact greater oversight of short selling activities and stamp-out perceived market manipulation
Ciaran O’Flynn is set to hand over control of Morgan Stanley’s BRM business to Tejash Patel and is expected to assume a new leadership role after five years reforming the division’s sales, trading and treasury functions
The ERCC’s SFTR taskforce has updated its reporting guide a sixth time to reflect new guidance on Brexit, settlement fails and LEIs, among other changes
CPP Investments brings $475.7 billion in assets under management (as of 31 December 2020) to the peer-to-peer lending pool the association is forming, which already accounted for more than $6 trillion from 11 members as of January
Melvin Capital CIO’s testimony before the US House Committee on Financial Services will defend the fund’s short selling practices and highlight the personal attacks he endured during January’s events
HSBC Global Asset Management is relaunching its securities lending programme for 25 ETFs next month but will exclude seven sustainable equity funds, representing a combined £285 million AUM, on ESG grounds