Security Traders Association dictum meum pactum "my word is my bond"
- A Winning Traditionby Sam Belden on February 25, 2021 at 2:56 pm
By Andrew D’Amore, Virtu FinancialSTA Chairman of the Board Every year, more than 250 individuals volunteer their time in service to our industry and their communities by serving on one of STA’s 24 affiliate boards in the U.S. and Canada. These individuals are often asked why they invest time and effort in these groups. As… Read more The post A Winning Tradition appeared first on Security Traders Association.
- Reactions to the House Hearing on GameStop – STA Open Call Recapby Sam Belden on February 23, 2021 at 4:49 pm
Last Thursday, the House Financial Services Committee convened a hearing on the recent market volatility titled “Game Stopped? Who Wins and Loses When Short Sellers, Social Media and Retail Investors Collide.” Over the course of more than five hours, congressional representatives addressed and asked questions of several individuals involved in the GameStop controversy: Robinhood CEO… Read more The post Reactions to the House Hearing on GameStop – STA Open Call Recap appeared first on Security Traders Association.
- New York FTT: Express Your Oppositionby Sam Belden on February 8, 2021 at 6:11 pm
As states across the nation face 2021 budget gaps due to the COVID-19 pandemic, legislation had been introduced in the New York State Senate that would amend its state’s tax laws to include a tax on financial transactions. Senate Bill S3980 is the most extensive and complex bill of its kind, as measured by the… Read more The post New York FTT: Express Your Opposition appeared first on Security Traders Association.
- Episode 7: An Economist’s Viewby Sam Belden on February 5, 2021 at 9:45 pm
In Episode 7, we speak with former SEC Commissioner Michael Piwowar, Executive Director of the Milken Institute Center for Financial Markets. Our conversation starts with the mission statement of the Milken Institute and Dr. Piwowar’s role. We then turn our attention to GameStop and the recent market volatility, insights into the SEC’s response, market infrastructure, T+2 settlement… Read more The post Episode 7: An Economist’s View appeared first on Security Traders Association.
- Not Our Finest Weekby Sam Belden on January 31, 2021 at 2:47 pm
This past week was not our industry’s finest. Yes, our markets performed well from an operational standpoint, in spite of extreme volatility and concentrated spikes in volumes. However, the perception of our industry took a substantial hit. There was confusion about the rules that govern our market structure and about business practices. Investors questioned the basic fairness… Read more The post Not Our Finest Week appeared first on Security Traders Association.
- Diversity and Inclusion/SEC Fixed Income Proposal/January 6thby Sam Belden on January 27, 2021 at 2:40 pm
Chairwoman Waters Announces Financial Services Subcommittee Leadership“I am pleased to announce the very experienced, dedicated, diverse, and talented leadership of our six Subcommittees,” said Chairwoman Waters. “During the 117th Congress, the Financial Services Committee will continue to work tirelessly to fight the pandemic and make sure the financial system works for everyone.” What a 50/50 Senate… Read more The post Diversity and Inclusion/SEC Fixed Income Proposal/January 6th appeared first on Security Traders Association.