Regulators Set to Tighten Grip, Focus on Accountability and Transparency in 2009
The current financial meltdown has been partially blamed on a lack of regulation. To correct the problems that contributed to the crisis, regulators should target specific problem areas while making sure they don’t overregulate and asphyxiate the markets.
Low Latency Spending Moves Full Speed Ahead
Trading firms still need to focus on reducing data latency to keep up with the competition. With spending cuts and reduced IT spending forecasts, CIOs will still find the funds to invest in technology that speeds up the trading process.
List of Victims of Madoff’s Alleged Fraud Grows
Investors around the world have scrambled since Friday to assess potential losses from an alleged $50 billion fraud by Bernard Madoff, the Wall Street icon arrested last week. The list of investors announcing losses continues to grow.
AllianceBernstein Names Wall Street Veteran as CEO
AllianceBernstein Holding LP appointed Wall Street veteran Peter Kraus, a former Merrill Lynch executive, as its chairman and chief executive, replacing retiring Lewis Sanders.
SEI Implements Assette Software for Institutional Client Reporting
Assette presentations and Assette statements add flexibility and efficiency
2009 CIO Challenges: Regulation
Industry experts look at the impact of regulation in 2009, and how CIOs can deal with the requirements of new regulations.
Holland & Knight Forms Madoff Advisory Group
Assists clients in determining losses
Euroclear Sets New Messaging Standards
Approval granted from the ISO 20022 registration bodies
