Deutsche Bank, Citigroup, J.P. Morgan and Interactive Brokers have been cited for violating market access rules
The new unit aims to consolidate the self-regulatory organization’s existing separate enforcement teams
The rules, which come into effect next May, aim to help retail investors monitor bond trading costs by bolstering price transparency
FINRA requires reporting of secondary-market transactions in Treasury securities
William Heyman will take the helm at the U.S. SRO in July
The U.S. SRO seeks to establish an ongoing dialogue on innovation and its possible impact on the financial industry
Forthcoming proposals will include enhanced disclosure, heightened supervision
The SEC and FINRA will hold their national compliance outreach program on July 27
The helpline has also led to almost 650 issues being referred to other regulators, the U.S. SRO reports
Additional proposals include updates to rules on underwriting arrangements