Topic
Best Execution
54 published works
Global Regulation Tomorrow
Member States continue discussions on MiFIR review proposal, focus on consolidated tape
Legislative review of the European Commission’s MiFIR Review Proposal continues (see our earlier blog on the content of the proposal). On 2 March 2022, the French Presidency hosted a meeting…
FinReg + Policy Watch
FINRA Reminds Firms of Evolving Definition of “Prompt” Order Execution
FINRA recently reminded firms of their obligation to execute marketable customer orders fully and promptly. While this seems fairly routine, what’s notable about the reminder is that “prompt” doesn’t necessarily…
Global Regulation Tomorrow
FCA PS21/20 ‘Changes to UK MiFID’s conduct and organisational requirements’
By Hannah Meakin (UK), Albert Weatherill (UK)
On 30 November 2021, the Financial Conduct Authority (FCA) published Policy Statement 21/20 ‘Changes to UK MiFID’s conduct and organisational requirements’ (PS21/20). In PS21/20 the FCA sets out its final…
Global Regulation Tomorrow
ESMA consults on proposals for a review of the MiFID II best execution reporting regime
On 24 September 2021, the European Securities and Markets Authority (ESMA) issued a consultation paper setting out proposals for improvements to the MiFID II framework on best execution reports. Article…
The CLS Blue Sky Blog
Improving the SEC’s Best Execution Rule
The nature of Best Execution responsibilities of market participants has been surprisingly complex in light of the evolution of trading technology and our regulatory system. My remarks highlight several facets:…
Corporate & Financial Weekly Digest
FCA Consults on Changes to Conduct and Organizational Rules Under UK MiFID
By Carolyn H. Jackson, Nathaniel Lalone, Neil Robson
On April 28, the Financial Conduct Authority (FCA) launched a consultation paper (CP21/9), alongside HM Treasury, on changes to the conduct and organizational rules in the UK Markets in Financial…
Global Financial Regulatory Blog
FCA Consults on Changes to UK MiFID Conduct and Organisational Requirements
The consultation proposes changes to rules on research and best execution reporting. By Rob Moulton, Nicola Higgs, David Berman, and Charlotte Collins On 28 April 2021, the FCA published a…
Global Regulation Tomorrow
ESMA promotes coordinated action on the suspension of best execution reports
On 31 March 2021, the European Securities and Markets Authority (ESMA) issued a statement concerning the temporary suspension of the obligation on execution venues to make available to the public…
Global Financial Regulatory Blog
Singapore: New Best Execution Requirements
MAS confirms regulatory approach for best execution and timeline for compliance. By Farhana Sharmeen and Marc Jia Renn Tan On 3 September 2020, the Monetary Authority of Singapore (the MAS)…
Investment Management Regulatory Update
Soft Dollar Arrangements – What to Know
In our last post, Craig began our discussion of trading practices by examining an adviser’s duty to obtain best execution. This post continues our trading practice discussion with a focus…