Topic
Best Execution
54 published works
Banking, Finance and Securities
TR14/13: FCA publishes thematic review on best execution
The Financial Conduct Authority (FCA) has today published its thematic review on best execution (TR14/13). Best execution is fundamental to market integrity and to the delivery of good outcomes for…
Corporate and Securities Law
MSRB Says Pay-to-Play Rules Coming to Municipal Advisors
IM Insights
Securities Regulators Are Inspired by an Academic Article to Seek Information Regarding Order Routing
Apparently attempting to understand how broker-dealers provide best execution in the face of incentives to trade at certain exchanges, the SEC and FINRA are asking broker-dealers for extensive transaction information…
Banking, Finance and Securities
FXCM fined £4 million for withholding client profits
Forex Capital Markets Limited and FXCM Securities Limited (together, FXCM), a US Forex trading group, has been fined £3,200,000 plus any amount of redress (amounting to $9,828,677, which represents the…
Banking, Finance and Securities
FCA Market Watch – issue 45
The FCA has published issue 45 of its Market Watch newsletter. In this issue of Market Watch, the FCA: reminds firms of their duties under the best execution rules. The…
Securities Law Prof Blog
FINRA Fines Merrill $1 Million for Best Execution Failures in Non-Convertible Preferred Shares Transactions
FINRA fined Merrill Lynch, Pierce, Fenner & Smith Inc. $1.05 million for failing to provide best execution in certain customer transactions involving non-convertible preferred securities executed on one of its…
SDNY Blog
Judge Kaplan Allows Claims to Proceed Against Bank of New York Relating to Foreign Exchange “Best Execution” Practices
Judge Kaplan yesterday denied a motion to dismiss one of a series of cases arising from allegations that the Bank of New York promised its customers “best execution” of foreign…
Corporate & Financial Weekly Digest
FINRA Best Execution and Interpositioning Rule Effective May 31, 2012
Co-authored by Tanja Samardzija. As reported in the October 21, 2011 edition of Corporate & Financial Weekly Digest, the Financial Industry Regulatory Authority (FINRA) proposed a rule change to adopt…
Securities Law Prof Blog
SEC Approves Consolidated FINRA Best Execution Rule
The SEC approved FINRA’s proposed rule change to adopt FINRA Rules 5310 (Best Execution and Interpositioning) and 6438 (Displaying Priced Quotations in Multiple Quotation Mediums) in the consolidated rulebook (Consolidated…
Corporate & Financial Weekly Digest
FINRA Proposed Rule Regarding Best Execution and Interpositioning
On October 17, Financial Industry Regulatory Authority filed with the Securities and Exchange Commission a proposed rule change to adopt NASD Rule 2320 (Best Execution and Interpositioning) and Interpretive Material…