The legislative revisions will allow firms greater flexibility to implement Chinese walls and outsource key functions, while allowing for harsher penalties when issues arise.
May 5, 2020Active ETFs are asked to rely on publicly available information for market making quotes, and to establish internal information barriers.
April 17, 2020Active ETF providers will have to implement new controls to manage risks associated with internal market making models, but they will be allowed to continue to hide their holdings.
December 12, 2019'Chinese walls' at financial firms will be set up around 'information units' rather than 'business units'. Firms can entrust a broader range of business to third parties and IT firms.
June 2, 2019