This Week's Top Stories

February 11 2021
The States of New York and New Jersey have bills on the table for to implement a Financial Transactions Tax. These are difficult proposals for the financial services industry and would most likely wind up as a pass-through to investors while reducing liquidity. The bills could also force some institutions to leave the states where the taxes are levied. We review the proposals as well as the Republican response proposed in October 2020.
 
February 10 2021
Securities lending clearing volumes at the Options Clearing Corporation (OCC) have been hitting record highs recently. We talk to Matthew Wolfe, Executive Director of Securities Finance at OCC, about what’s going on behind the figures.