Reading this on a mobile device? Try our optimized mobile version here: http://r.smartbrief.com/resp/eefGCfbwoceXpoztRDGc

January 3, 2013
Sign upForwardArchiveAdvertise
News for operations and technology executives in financial services

  Top Story 
  • Exchanges reportedly seek more time to prepare for safeguards
    Stock exchanges in the U.S. have joined forces to seek a postponement of rules intended to address the 2010 "flash crash," sources said. SIFMA has also sent a letter to the Securities and Exchange Commission, raising concerns that market participants might not have enough time to adapt their technology to the changes. "In today's markets, with everything so automatic, every change requires some type of systems and coding changes," said T.R. Lazo, managing director and associate general counsel at SIFMA. "We want to make sure we do everything we can to get it right." Take advantage of early-bird rates for SIFMA Tech 2013 -- June 18 to 19 -- New York City. The Wall Street Journal/Dow Jones Newswires (1/2) LinkedInFacebookTwitterEmail this Story
Is Pricing Low Your Strategy to Success? Think again.
Pricing is the heart of a business. It affects everything you do and is affected by everything you do. Economists talk of supply and demand as key factors behind pricing—successful entrepreneurs manipulate demand by making their products more desirable. These six steps will help you determine the right price for your product or service, read the article and learn how to get pricing right.

  Operations Update 
 
Building Workplace Trust 2015
Interaction Associates' 6th annual research study tracking trust on the job, Building Workplace Trust, is out, and more than half of employees surveyed give their organizations low marks for trust and leadership. Yet this year's findings again point to how high trust leads to better outcomes and financial results — and even boosts innovation.

  Technology Update 
 
  • High-speed traders use paid-for research to defend practices
    Some of the research high-frequency traders are using to argue against regulations governing the industry was paid for by those trading firms. A number of conclusions that trading firm executives and lobbyists have presented as solid endorsements of high-frequency trading disregard reservations expressed by the researchers themselves, who warn that the studies have shortcomings. The Wall Street Journal (12/27) LinkedInFacebookTwitterEmail this Story
  • Exchanges and regulators focus on reducing computer errors
    After a year where computer errors threatened market security, exchanges and regulators are focusing on systems maintenance in 2013. Rules limiting rapid price swings for markets and individual stocks are on the way in the coming year, as well as possible further policy proposals from the Securities and Exchange Commission. The Wall Street Journal (1/1) LinkedInFacebookTwitterEmail this Story
Transformational Journeys: Modern Business Planning
Harvard Business Review explores why CFO's and their finance organizations must adapt to the changing landscape of their markets and how big data, organizational collaboration, and new cloud-based planning and analysis technologies are driving successful change.
Click here to access the report.

  Regulatory and Legislative Update 
 
  • Credit Suisse exec: Conflicts beset exchanges' self-regulation
    Facebook's initial public offering revealed a fundamental conflict between the quasi-governmental role of exchanges and their profit-making nature, indicating that self-regulation is no longer viable, Credit Suisse's Dan Mathisson told U.S. senators last week. Mathisson said a regulatory overhaul of the markets is now in order. Bloomberg (12/28) LinkedInFacebookTwitterEmail this Story
The IDC Market Spotlight on Network Automation and Agility
The arrival of virtualization, cloud computing, and mobility has strained data center networks—and IT staff—like never before. This Market Spotlight explains how data center network fabrics provide a foundation for automated provisioning, configuration, and management of network-based services in a new era of IT agility. Download now.

  SIFMA News 
  • SIFMA member call: The "Fiscal Cliff" -- 9 a.m. Eastern on FRIDAY
    At 9 a.m. Eastern on Friday, SIFMA will hold a members-only call on recent developments related to the U.S. "fiscal cliff," specifically the American Taxpayer Relief Act of 2012, which Congress passed Tuesday to avert the cliff. The call will focus on individual- and corporate-tax provisions in the law and provide insight into tax and spending debates to occur in February when the Treasury Department is expected to exhaust its use of "extraordinary measures" to prevent the U.S. from defaulting in 2013. Registration is required. Participants can register using conference ID 10023239. This call is closed to the media and nonmembers. Check your firm's membership status online, or contact SIFMA's Office of Member Engagement at (212) 313-1152 or inquiry@sifma.org. LinkedInFacebookTwitterEmail this Story
  • REGISTRATION NOW OPEN: SIFMA C&L Society Annual Seminar -- Mar. 17-20 -- Phoenix, AZ
    Last year, SIFMA's Compliance & Legal Society Annual Seminar 2012 was attended by 1,700+ financial industry legal and compliance professionals and featured more than 60 panels and sessions, creating the premier forum to discuss the issues and share expertise and insights into critical topics for varied interests. This year's 2013 program in Phoenix, AZ on March 17-20 will be no different. Registration is now open for this industry tradition. Be sure to attend this year and give yourself the opportunity to engage leading industry experts on the latest regulatory developments and industry trends. Act now and register before the early bird rates expire February 1. LinkedInFacebookTwitterEmail this Story
SIFMA Resources
SIFMA.org  |  Advocacy  |  Educational Programs/Conferences  |  Newsroom

Legislative and Regulatory Activity  |  Member Committees  |  Newsletters

  SmartQuote 
Well done is better than well said."
--Benjamin Franklin,
American inventor and statesman


LinkedInFacebookTwitterEmail this Story

 
 
Subscriber Tools
     
Print friendly format | Web version | Search past news | Archive | Privacy policy

Advertise
Sales Account Director:  Abiy Bekele (919) 931-5915
 
Read more at SmartBrief.com
A powerful website for SmartBrief readers including:
 
 
 Recent SIFMA SmartBrief: Operations and Technology Edition Issues:   Lead Editor:  Sean McMahon
     
Mailing Address:
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004
 
 
© 1999-2013 SmartBrief, Inc.® Legal Information