Reading this on a mobile device? Try our optimized mobile version here:

December 17, 2012
Sign upForwardArchiveAdvertise
News on the capital markets, securities and financial industry

  Morning Bell 
The Most Efficient Cleared OTC Solution
CME Group has worked closely with buy-side and sell-side participants to build an innovative, market leading OTC clearing solution. Our offering is real-time, open-access, and provides unparalleled margin efficiencies with savings of up to 90% for Cleared OTC IRS vs. Futures.
  Industry News 
  • Banks with muni exposure could take hit from loss of tax break
    Eliminating or scaling back the tax-exempt status of municipal bonds is one of the options being debated as a a way of narrowing the U.S. budget deficit. The change could be a big setback for banks that have invested in municipal debt, according to a report by SNL Securities. AdvisorOne (12/14) LinkedInFacebookTwitterEmail this Story
  • Banks' fixed-income business is difficult to evaluate
    Banks have a lot of ways to make money, but the way they account for their activities doesn't give investors much help in figuring out how well they're doing or what consequences might be brought by new regulation. An area particularly lacking in transparency is fixed income, currencies and commodities activities, or FICC. The Wall Street Journal (12/16) LinkedInFacebookTwitterEmail this Story
5 Cures for Business Growing Pains
A growing business is a successful business, but it comes with its own set of complications. Growing pains can arise from new employees, added roles and responsibilities, and a premium on office space. Read this informative e-book for five practical tips to managing your growing office space.
  Washington Roundup 
  • Banks worry about what the Libor inquiry will bring next
    With the Swiss bank UBS preparing to pay a mammoth fine for manipulating the London Interbank Offered Rate and regulators in the U.S. and U.K. pressing ahead with their investigations, executives at other banks wonder what's in store for them. Surprisingly big fines and pursuit of criminal charges are troubling signs for more than a dozen financial institutions still under investigation. The Wall Street Journal (12/16) LinkedInFacebookTwitterEmail this Story
  • Bonus disclosures could have a downside for Wall Street firms
    Requiring Wall Street brokerages to make bonuses public could backfire as workers use the information to negotiate for higher pay, recruiters and former brokers said. The Financial Industry Regulatory Authority is considering a proposal, intended to protect the investing public, to require brokerage firms to disclose incentives used to recruit financial advisers. Bloomberg (12/14) LinkedInFacebookTwitterEmail this Story
  • Commentary: Business Roundtable betrays Republicans
    The Business Roundtable turned against the Republicans and made President Barack Obama the dominant party to the "fiscal cliff" negotiations, says Jim McTague, the Washington editor of Barron's. "The BRT's disloyalty will have a profound impact on the outcome of the fiscal-cliff negotiations," McTague notes. "President Obama will likely get more from the GOP than he gives -- which is superb for him, but not necessarily so great for our struggling economy." Barron's (free content) (12/15) LinkedInFacebookTwitterEmail this Story
  Asset/Wealth Management Report 
Registration is open for the 2013 Securities Industry Institute (SII) scheduled for March 3 - 8 at The Wharton School of the University of Pennsylvania located in Philadelphia, PA. Make the investment in your future at the premier executive development program for securities industry professionals.
  Private Client News 
  Hot Topics 

Top five news stories selected by SIFMA SmartBrief readers in the past week.

  • Results based on number of times each story was clicked by readers.
  SIFMA News 
  • SIFMA Financial Management Society Educational Training Session -- TOMORROW -- NYC
    There is still time be involved in SIFMA's Financial Management Society (FMS) Education Training Session covering three current and challenging areas confronting brokers today: preparing for CFTC's broader scope of regulation; complying with potential Basel III capital requirements; and implementing the proposed Volcker rule. The session will also include an update by FINRA on rules in development. CPE credits are available and this event is open to FMS members and non-members. Register now. LinkedInFacebookTwitterEmail this Story
  • Latest SIFMA Research: U.S. Quarterly Research 2012 Q3
    SIFMA Research reports include regular outlooks and forecasts, research quarterlies, and essential industry factbooks and yearbooks. On Dec. 6, SIFMA issued its U.S. Research Quarterly, 2012 Q3. This report contains brief commentary and statistics on the U.S. capital markets, including but not limited to: municipal debt, U.S. Treasury and agency debt, short-term funding and money market debt, mortgage-related, asset-backed and CDO debt; corporate bonds, equity and other derivatives, and the primary loan market. LinkedInFacebookTwitterEmail this Story
SIFMA Resources  |  Advocacy  |  Educational Programs/Conferences  |  Newsroom

Legislative and Regulatory Activity  |  Member Committees  |  Newsletters

Action is the antidote to despair."
--Joan Baez,
American singer

LinkedInFacebookTwitterEmail this Story

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

Sales Account Director:  Abiy Bekele (919) 931-5915
A powerful website for SmartBrief readers including:
 Recent SIFMA SmartBrief Issues:   Lead Editor:  Bridget Lux
Mailing Address:
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004
© 1999-2012 SmartBrief, Inc.® Legal Information