IOSCO, Basel Committee recommendations target non-central clearing markets
Measures aim to address lessons of market turmoil in early 2020 and 2022
Self-regulatory organization proposes new settlement obligation and expanded guidance
U.S. fund industry calls for global move to shorter settlement cycle
Industry trade groups remain hesitant about sweeping reforms
Continued diversification into market data, analytics will support exchanges' profits
Crypto platform promises to fight regulator's charges
Recent ransomware attack highlights financial sector's vulnerability
Survey finds investors don't see the need for major overhaul
Will review the readiness of CCP staffs, procedures and IT systems for a major firm default