LACERS, a $22 billion public pension fund, is seeking proposals for master trust/custodial services and securities lending. LACERS will consider separate bids for: 1) custody with securities lending; ...
Business Daily Africa on MSN: Is securities lending and borrowing the next growth frontier?
The securities lending market is vital to the healthy functioning of securities markets globally. Securities lending improves market liquidity, price discovery, and enables timely trade settlement but ...
GREENWICH, Conn.--(BUSINESS WIRE)--Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced the launch of the Securities Lending Dashboard designed to help clients ...
JD Supra: SEC approves FINRA rule 6500 series requiring securities lending reporting
JD Supra: Securities Lending: SEC Proposes Sweeping Rule Requiring Reporting of Transactions to FINRA
The US Securities and Exchange Commission’s proposed Rule 10c-1 would create a sweeping new reporting and disclosure regime for participants in the securities lending markets. Among other things, the ...
Securities Lending: SEC Proposes Sweeping Rule Requiring Reporting of Transactions to FINRA
The existing income sourcing rules do not currently address the source of “borrow fees,” i.e., fees paid by securities borrowers to securities lenders in securities lending transactions. In a move ...
The Internal Revenue Service and the Treasury Department intend to issue proposed regulations providing a rule for determining the source of borrow fees paid in securities-lending transactions and ...
Bob Currie offers an update on the SEC’s proposed 10c-1 rule and explores the potential implications for market participants as they prepare for the new US securities lending trade reporting ...