(Dow Jones) Advisors who trade clients' securities through omnibus accounts need to ask their qualified custodians a few questions before new Security and Exchange Commission custody rules take effect ...
A decade ago, the fund industry got mired in a market-timing scandal, involving the placement of orders after the market closed. Making it easy to hide trades that came in after the close was the ...
Poland’s national central securities depository – KDPW – is now letting participants offer omnibus accounts to allow greater access for global investors to the country’s equity markets. Poland’s ...
Euroclear Bank, the Brussels based international central securities depository (ICSD), and the Korea Securities Depository (KSD) have partnered to open an omnibus account. The domestic market has made ...
Binance has launched Fund Accounts, described as a “first-of-its-kind” solution on its digital asset exchange that enables fund managers to pool investor capital into omnibus accounts and streamline ...
LONDON (Reuters) - The Bank of England gave the green light on Monday to a new type of account at the central bank to bolster Britain's credentials in financial innovation and open up payments to more ...
The Investment Funds Institute of Canada has come to the defence of fund dealers. In a letter to the Ontario Securities Commission, IFIC takes issue with an OSC staff notice, issued in mid-June, which ...
Advisers who trade clients' securities through omnibus accounts need to ask their qualified custodians a few questions before new Security and Exchange Commission custody rules take effect in March, ...
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