Peter Martyn News Today : Breaking News, Live Updates & Top Stories | Vimarsana

<p><span>In the EU, Capital Markets Union (CMU) set to ban payment for order flow (</span><a href="https://www.risk.net/regulation/7946841/germany-has-enough-support-to-block-eus-pfof-ban">PFOF</a><span>), while Germany is trying to block it. This controversial matter stirs up debate in the US as well. One camp favors the SEC Chair Gensler&rsquo;s hype about &ldquo;order-by-order&rdquo; competition published in a&nbsp;</span><a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4116944">paper</a>&l...

<p><span>The proposed&nbsp;</span><a rel="nofollow noopener" target="_blank" href="https://www.sec.gov/rules/sro/nms/2021/34-91487.pdf">limitation of liability provisions</a><span>&nbsp;for the Consolidated Audit Trail (CAT) discourages CAT Participants (i.e. FINRA and the Exchange Groups) from advancing the security protection and design of CAT and CAT data. Although the immunity status of FINRA and Stock Exchanges as Self-Regulatory Organizations (SROs) may be broad, including affirmative acts and omissions and failure...