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The SEC’s equities overhaul: Necessary plumbing changes or a liquidity drain?

The TRADE

If firms can employ better technology to profitably provide tighter spreads for the most liquid securities, then we should encourage, not thwart, that evolution.”

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Unpacking the 20 most impact financial regulations from the last 20 years

The TRADE

Basel III includes provisions for countercyclical capital buffers, giving regulators the ability to require banks to build up additional capital during periods of excessive credit growth to avoid the accumulation of systemic risks. However, the transition does also present challenges for market participants and infrastructure providers.