February 2020
From the Hill

SEC Proposes to Modernize Key Market Infrastructure Responsible for Collecting, Consolidating, and Disseminating Securities Market Data
The Securities and Exchange Commission today proposed to modernize the infrastructure for the collection, consolidation, and dissemination of market data for exchange-listed national market system (NMS) stocks. The proposal would update and expand the content of NMS market data to better meet the diverse needs of investors in today’s equity markets.
SEC Investor Advisory Committee to Meet on Feb. 27
The Securities and Exchange Commission's Investor Advisory Committee will hold a public meeting on Feb. 27. The meeting will begin at 9:30 a.m. at the SEC headquarters in Washington, D.C., and is open to the public. The meeting will be webcast live. Agenda items include potential impact of LIBOR transition on investors.
CFTC Unanimously Approves Proposed Rules to Improve Data Quality, Streamline Regulations at Feb. 20 Open Meeting
The Commodity Futures Trading Commission at its open meeting today unanimously approved two proposed rules to revise CFTC regulations for swap data reporting, dissemination, and public reporting requirements for market participants. The Commission also unanimously approved reopening the comment period of a proposed rule to amend certain agency regulations related to swap data repositories.
FINRA Requests Comment on Proposed Enhancements to Continuing Education Program for Securities Industry Professionals
Among the CE Program proposed enhancement is "to enable individuals who terminate their registrations the option of maintaining their qualification by completing continuing education."
Open Call Tonight

On April 1, 2020, broker-dealers will begin collecting the second-level of
order-routing data for Amended Rule 606. Please join us as we discuss these reporting requirements and other 2020 market structure issues with:

Christopher Bok
Director, Financial Information Forum

and

Jim Toes
President & CEO, STA

Wednesday, Feb. 26
4:30 - 5:00 p.m. ET
Dial in: 1-800-346-2923
Participant Code: 562 945#
STA Women in Finance
To the Women of STA
By  Julie Andress , KeyBanc Capital Markets & STA WIF Co-Chair

Today more than 20 percent of STA affiliate boards are comprised of women in the financial services industry. While this figure under represents the overall figures of women in finance, it is an improvement and more importantly, a large enough figure to build cultures of inclusion that promote and sustain a sense of belonging for other women across the network of STA affiliates. If you know any of these 61 women please take a moment to thank them for their service to our industry.
Industry Event Notice
Teaching Trading, Liquidity and Market Structure:
An Equity Markets Conference

March 6, 2020
8:30 a.m. - 5:00 p.m.

Zicklin School of Business, Baruch College
One Bernard Baruch Way
New York, NY
Taking Stock
brought to you by JonesTrading

Partnerships: A Key to Success
By  Jim Toes , STA

The start of a new year and a new decade is a natural time for your firm to take a step back and think critically about its partnerships. We are proud to have a number of partners who are involved with STA’s operations on a day-to-day basis. By collaborating with these organizations, we are able to extend our capabilities beyond what we can do in-house, focus more intently on what we do best and be a more effective advocate for the securities industry. Here are a few of STA’s valued partners.
Affiliate Event Notice
STANY 84th Annual Conference and Reception
April 15, 2020
7:30 a.m. - 9:00 p.m.

New York Stock Exchange
11 Wall Street
New York, NY
Check out Photo Album

STA 86th Annual Market Structure Conference:
Realizing Opportunity
Save the Date:

STA 87th Annual Market Structure Conference

   October 7-9, 2020
JW Marriott
Washington DC
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Sam Belden
Forefront Communications Group
212-320-8986
sbelden@forefrontcomms.com