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The review will determine whether reforms are needed in the fast-growing market

white house in washington dc

Senior administration officials said the effort stemmed from national security goals rather than economic interests

  • By: Josh Boak
  • August 9, 2023 August 9, 2023
  • 16:48

Funding, capital strains and real estate risks underpinned the rating actions

Flat Illustration concept customer rating on tablets

SRO to expand former MFDA project to all dealers in 2024

Old and new sign

Margins, profits to be squeezed as consumer protections boosted

Blackboard rating

Regulators found firms are failing to identify and manage conflicts in clients' best interests

online comments

Regulator issues proposed guidance for public comment until Aug. 25

Board room discussion

Major reforms unlikely after review finds funds resilient to market stress

Securities industry association expresses concerns with planned changes

The rule encompasses third-party apps