In a speech delivered yesterday, Hester Peirce, one of the five commissioners of the Securities and Exchange Commission (SEC), outlined radical new proposals to make the US a friendlier market […]
In developed financial markets, a fundamental principle of the legal regime is that a financial institution’s assets and its clients’ assets are kept separate. That way, if the institution goes […]
From investment banks to broker-dealers, asset managers, clearing houses, custodians and securities depositaries, almost every segment of traditional finance is now under threat from blockchain technology. That’s the key message […]