Reading Time: 7 minutes Let’s say a young investor wants to foray into buying stocks of tech mammoths such as Amazon and Apple that currently trades at $129 and $189 per share, respectively. If they are new to investing, Read more
Reading Time: 9 minutes In a bid to ensure that broker-dealers follow through a good-faith effort to seek out and offer the best available market for their customers’ orders, the U.S. Securities and Exchange Commission (SEC) proposed Regulation Best Read more
Reading Time: 8 minutes The US securities trading industry is preparing to transition to T+1. In this blog, Muniraj Muniappan, takes us through a detailed understanding of the benefits, impact areas, implementation approach, and risk factors to consider during this change. It is a long and deep read to reveal all blind spots for broker-dealers, banks, and fintech companies that want to understand T+1.
Reading Time: 11 minutes A New York broker-dealer paid a penalty of $35,000 late last year on charges of violating the Securities and Exchange Commission (SEC)’s Regulation Best Interest (Reg BI). Expelling a broker-dealer from the system, FINRA penalized Read more