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Originally published by IFLR   A persistent lack of clarity from US authorities over digital asset regulation has forced some market participants to draw their own conclusions The absence of clear guidelines on cryptoasset regulation in the US has left market participants to their own devices when it comes to knowing which regulator they should […]

Originally Published by DerivSource By: Christopher Waitz, Director of Regulatory Affairs, Eventus Financial institutions increasingly need robust market surveillance capabilities to keep up with regulatory enforcement requirements and changing industry best practices. But it is not as simple as adapting legacy solutions for many of these trading firms. Christopher Waitz, director of regulatory affairs at Eventus,

  In this episode of Eventus Quick Cuts, our Director of Regulatory Affairs, Digital Assets Mike Castiglione and Director of Regulatory Affairs Martina Rejsjo dive into the different types of trade surveillance alerts that firms and regulatory bodies receive and how their compliance teams take action upon receiving them. Martina also covers the reporting process

Originally published by A-Team Insight By: Ollie Cadman, Chief Product Officer, Eventus “Buy versus Build” was a dilemma that financial institutions traditionally faced when working to create modern surveillance systems or other key elements in the risk technology stack. What groups were trying to figure out was whether purchasing products and services was more cost-effective

Originally published by Fintech Nexus   It’s debatable which could be considered the buzzword for the financial sector of the 2020s, but “crypto” and “ESGs” are strong contenders. In 2020, media coverage of ESG investment increased by 75%. Although nothing compared to the wild, sexy renegade in the crypto sector, attention has been sparked, with the

By: Chris Waitz, Director of Regulatory Affairs, Eventus Two US Futures Commision Merchants (“FCMs”) recently paid fines totaling $120,000 to the Chicago Mercantile Exchange (“CME”) and the Chicago Board of Trade (“CBOT”) for submitting orders which adversely impacted the exchanges’ Indicative Opening Price. CME and CBOT Rule 573 (“Globex Opening”) states that prior to the

By: Chris Montagnino, Directory of Regulatory Affairs, Eventus Two recent enforcement actions serve as reminders of the importance of having appropriate supervision and monitoring relating to short sales. In each matter, the firm incurred violations of SEC Regulation SHO (“Reg SHO”) and paid a six figure fine as a result of the missteps. SEC Rule

Originally Published by Markets Media By: Mike Castiglione, Director of Regulatory Affairs, Digital Assets, Eventus Crypto policy debates often get portrayed as warring sides battling over values. Not unique to crypto, policy formation is nearly always an exercise of identifying and balancing trade-offs. Common trade-offs in policy are: Individual rights vs. common good Innovation vs.