The agency’s acting chair is calling for a review of the SEC’s 2019 guidance on proxy voting which she argues put too much emphasis on capturing incremental revenue from securities lending at the expense of exercising good corporate governance
PASLA and major custodians predict China will see radical growth in its securities finance markets once international investors get comfortable on the mainland
Allison Herren Lee, acting chair of the SEC, says: “The EC’s decision is an important first step on the road to providing greater regulatory certainty for CCPs and their members on both sides of the Atlantic"
Repo average daily volume was $304.5 billion, representing a 50.4 per cent uptick for the final month of last year, compared to the same period in 2019, according to Tradeweb
Phil Morgan has tapped Alex Rothwell to become Pirum's first chief technology officer and “supplement the depth of our technology bench” following Rajen Sheth's departure from day-to-day business
The fixed income and derivatives market platform provider says repo activity in September was buoyed by the addition of new dealers and participants in bilateral repo remained strong