Wall Street Hopes For Relief On Treasury Dealer Rule After Pushback
<p>Asset managers, insurers and pension funds are pushing to soften a proposed rule aimed at enhancing U.S. Treasury market stability which could require them to register as broker dealers, subjecting them to tougher rules, industry sources and documents show. They are hopeful the U.S. Securities and Exchange Commission (SEC) will compromise when finalizing the rule, first proposed in March 2022, following conversations with agency staff in recent months, according to two people familiar with the talks. The rule aims to increase SEC oversight of the $25 trillion Treasury market by requiring firms that trade lots of U.S. government bonds, mainly proprietary traders, to […]</p>
<p>The post <a href="https://vladimirribakov.com/wall-street-hopes-for-relief-on-treasury-dealer-rule-after-pushback/">Wall Street Hopes For Relief On Treasury Dealer Rule After Pushback</a> appeared first on <a href="https://vladimirribakov.com">Vladimir Ribakov</a>.</p>
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