Represented by an influential lobbying group, broker-dealers are striking out against proposed regulations which would require them to adhere to an equal “fiduciary” standard with registered investment advisors in giving advice to retail investors.

Euroclear, the world’s largest group of central securities depositories, has tapped BNP Paribas Fortis executive Lieve Mostrey as its new chief technology and services officer.

Solutionary joins crowded UTM market with a service that includes real-time virus protection.

China is set to offer its first officially registered hedge fund in the wake of new regulations permitting trading in index futures and short selling.

The Securities and Exchange Commission is looking into whether a trading practice known as “quote stuffing” is responsible for the May 6th “”flash crash” and for placing some investors at a disadvantage by distorting stock prices, according to an article published in the Wall Street Journal on Thursday.