SEC’s Director Stephen Luparello to Part Ways With Regulator
- Mr. Luparello is leaving the SEC after less than three years as Director of the Division of Trading and Markets.
The US’ Securities and Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Commission (SEC) has a key void to fill, following an announcement that Stephen Luparello, the regulator’s acting Director of the Division of Trading and Markets, is slated to part ways with the agency at the end of the year, according to an SEC statement.
Mr. Luparello originally stepped into the role back in February 2014, and has since helped steer the SEC’s Division of Trading and Markets. During his tenure he helped oversee the operation of trading platforms, clearing agencies, and broker-dealers, among others.
Another key element of his tenure was the passage of the Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term Systems Compliance and Integrity (Reg SCI), which effectively established a plethora of new controls to help bolster integral technological systems, ultimately providing greater transparency, accountability, and resilience for the broader market.
At this juncture it is not immediately clear who will be succeeding Mr. Luparello. According to the SEC’s Chair Mary Jo White, in a recent statement on the upcoming departure: “We set an ambitious agenda to enhance our market structure. Steve was at the forefront of that effort, and his leadership and expertise have helped produce both important new protections for investors today and a strong foundation from which the Commission can continue to further strengthen our markets for years to come.”
“It has been an honor to work with Chair White, the Commissioners and the incredible Trading and Markets team, whose dedication and hard work have greatly enhanced the Commission’s oversight of the equity, fixed income and derivatives markets. I know they will continue to make great progress in these important areas on behalf of investors and our markets,” reiterated Mr. Luparello in an accompanying statement.
The US’ Securities and Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Commission (SEC) has a key void to fill, following an announcement that Stephen Luparello, the regulator’s acting Director of the Division of Trading and Markets, is slated to part ways with the agency at the end of the year, according to an SEC statement.
Mr. Luparello originally stepped into the role back in February 2014, and has since helped steer the SEC’s Division of Trading and Markets. During his tenure he helped oversee the operation of trading platforms, clearing agencies, and broker-dealers, among others.
Another key element of his tenure was the passage of the Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term Systems Compliance and Integrity (Reg SCI), which effectively established a plethora of new controls to help bolster integral technological systems, ultimately providing greater transparency, accountability, and resilience for the broader market.
At this juncture it is not immediately clear who will be succeeding Mr. Luparello. According to the SEC’s Chair Mary Jo White, in a recent statement on the upcoming departure: “We set an ambitious agenda to enhance our market structure. Steve was at the forefront of that effort, and his leadership and expertise have helped produce both important new protections for investors today and a strong foundation from which the Commission can continue to further strengthen our markets for years to come.”
“It has been an honor to work with Chair White, the Commissioners and the incredible Trading and Markets team, whose dedication and hard work have greatly enhanced the Commission’s oversight of the equity, fixed income and derivatives markets. I know they will continue to make great progress in these important areas on behalf of investors and our markets,” reiterated Mr. Luparello in an accompanying statement.