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

October 8, 2012
Sign upForwardArchiveAdvertise
News on the capital markets, securities and financial industry

  Morning Bell 
  • Obama and Romney tax proposals raise muni-market concerns
    Municipal market participants and experts are mixed on how tax proposals from President Barack Obama and Republican challenger Mitt Romney might affect municipal bonds. Some proposals could help the market, but others have the potential to hinder it, experts said. "Either party is capable of radical surgery on the municipal bond market," said Chris Mier of Loop Capital Markets. The Bond Buyer (free content) (10/5) LinkedInFacebookTwitterEmail this Story
  Industry News 
  • EU panel contemplates prison time for rate manipulation
    A prison term would be one possibility for anyone found guilty of manipulating benchmark interest rates under a measure expected to receive approval from the European Parliament's Economic and Monetary Affairs Committee. Sovereignty issues, however, could block ultimate passage. Reuters (10/5) LinkedInFacebookTwitterEmail this Story
  Washington Roundup 
  • Swaps dealers can shed enforcement concerns, CFTC's Chilton says
    Bart Chilton, a member of the Commodity Futures Trading Commission, said swaps dealers do not have to worry about enforcement action while they get up to speed on rules that take effect Friday. The rules, which are befuddling to many, are part of the Dodd-Frank Act. Reuters (10/5) LinkedInFacebookTwitterEmail this Story
  • Dodd-Frank stumbles in court challenges
    The Dodd-Frank Act is being picked apart in successful court challenges, Dina ElBoghdady writes. "The judges seem more than willing to say that the rules adopted in the aftermath of the financial crisis simply can't be enforced because of procedural defects," said Donald Langevoort, a professor at Georgetown University. The Washington Post (10/5) LinkedInFacebookTwitterEmail this Story
  • HFT company Tradeworx will lend a hand to SEC
    The Securities and Exchange Commission acknowledged that it has struggled to keep up with high-frequency-trading strategies and has sought the help of Tradeworx, a New Jersey trading firm. This month, Tradeworx will send experts to Washington, D.C., to help the SEC with a computer program that offers a real-time window into markets. The program is part of an effort to monitor trading and rein in certain practices. The New York Times (tiered subscription model) (10/7) LinkedInFacebookTwitterEmail this Story
  Operations Update 
 
  • Rep. Rogers warns about cyberthreats to financial networks
    Rep. Mike Rogers, R-Mich., said U.S. financial networks face significant cyberthreats, but did not identify the threats or their origin. "I think they're [Iran] closer than we'd all like them to be to come in and cause trouble on our financial services networks," Rogers said at a cybersecurity conference. Reuters (10/4) LinkedInFacebookTwitterEmail this Story
They're coming, and they're unlike any before them.
Read our new white paper, "Gen Y is Ready to Invest... Are You Ready to Advise Them?" to find out what firms and advisors should be doing now to engage this new generation of investors.

First Clearing, LLC is a registered broker-dealer and non-bank affiliate of Wells Fargo & Company. 0912-01939
  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 
  • Alan Greenspan on the economy at SIFMA Annual Meeting -- Oct. 23 -- NYC
    Former Fed Chairman Alan Greenspan will address SIFMA on Oct. 23 in New York City on the path forward for the U.S. economy. Dr. Greenspan will emphasize his support for bipartisan cooperation to resolve the U.S. fiscal crisis. However, shoring up the U.S. balance sheet is only the first step toward bringing coherence to the financial markets -- Europe presents the greatest challenge to economic recovery. Learn more at the SIFMA Annual Meeting. LinkedInFacebookTwitterEmail this Story
  • Limited seating available: AMF Workshop: Leadership, Coaching & Talent Management -- Oct. 9
    Leadership, coaching and talent management are a critical skill set to develop throughout one's career. The Asset Management Forum has invited distinguished leaders from Goldman Sachs Asset Management, JPMorgan Asset Management, GE Asset Management, BlackRock, Morgan Stanley, and UBS Asset Management to share insights and discuss leadership tools and best practices during periods of change. There is specific emphasis on retaining top talent and a one-hour session dedicated to the effects of Globalization and Outsourcing on Asset Managers' business. The event, while hosted by a subset of the Asset Managers Group, is open to all financial services professionals. LinkedInFacebookTwitterEmail this Story
SIFMA Resources
SIFMA.org  |  Advocacy  |  Educational Programs/Conferences  |  Newsroom

Legislative and Regulatory Activity  |  Member Committees  |  Newsletters

  SmartQuote 
The ability to deal with people is as purchasable a commodity as sugar or coffee and I will pay more for that ability than for any other under the sun."
--John D. Rockefeller,
American industrialist and philanthropist


LinkedInFacebookTwitterEmail this Story

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

Advertise
Sales Account Director:  Abiy Bekele 212-450-7919
 
Read more at SmartBrief.com
A powerful website for SmartBrief readers including:
 
  SIFMA RSS Feeds
 
 
 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