02.05.2021

US Regulators Discuss Market Functionality

Secretary of the Treasury Janet L. Yellen convened a meeting with the heads of the Securities and Exchange Commission, Federal Reserve Board, Federal Reserve Bank of New York, and Commodity Futures Trading Commission to discuss recent financial market volatility.

They discussed market functionality and recent trading practices in equity, commodity and related markets. The regulators believe the core infrastructure was resilient during high volatility and heavy trading volume and agree on the importance of the SEC releasing a timely study of the events.

Further, the SEC and CFTC are reviewing whether trading practices are consistent with investor protection and fair and efficient markets.

Source: US Treasury

Related articles

  1. US options market Nasdaq MRX will migrate to the cloud this year.  

  2. Market Volatility Boosts Options Volume

    Morgan Stanley CEO wants the Fed to raise rates in March.

  3. The Universities Superannuation Scheme is the UK’s largest private pension scheme.

  4. Management set key performance indicators to track progress of its strategic plan from 2020.

  5. Centrally cleared and settled transactions have been in continuously increasing demand.