STANY and STA file comments to SEC's proposed amendments to Reg SHO.

See STANY's Letter STANY_Letter_RegSHO_June2009

See STA's Letter Short Sale Comment Letter 6 19 09 - Final
NYSE

STANY's President's Choice Charities

STANY and its members raised $15,000 or $7,500 for each of the charities in April. We wish to thank everyone who participated in this charitable effort. 

Food Bank for New York City & Community Food Bank of New Jersey

STA Opposes H.R. 1068 Transaction Tax

 http://www.securitytraders.org/Journal/sta-opposes-proposed-transaction-tax-share-your-view

Support this Grass Roots Effort by Sharing your Views on Traders Advocate click here

Link to Track H.R. 1068- click here

See Traders Magazine's Article - Industry Fears Proposal in Congress Would Destroy High-Frequency Trading and Liquidity- click here

Watch CNBC Interview with Congressman DeFazio- click here to view

Watch STA's Response on Fox Business News- click here to view

Online Dues Payment- click here

or go to Membership, Renew Membership.

VISA, MasterCard and American Express accepted.

What's New

US said to Unveil plan for regulatory reform on June 17, 2009 Click here.

UPTICK RULE

STA Proposes Circuit Breaker Tired to Pre-Borrows as alternative to Bid or Tick Tests- May 4, 4009. For full proposal click here.

SEC Seeks Comments on Short Sale Price Test and Circuit Breaker Restrictions- April 8, 2009. For full press release Click here

Six Senators send bipartican letter to SEC asking for action against naked short selling and reinstatement of uptick rule 4/1/09 040109secletter (1)

To view the SEC's Report Practices Related to Naked Short Selling Complaints and Referrals March 19, 2009   Click Here.

NYSE, NASDAQ and BATS propose modified uptick rule on short sales March 2009 click here to view

Direct Edge's Letter regarding the uptick rule March 29, 2009   Direct Edge Comment on Uptick Rule

SEC calls an open hearing for April 8, 2009 to consider uptick rule. click here to view

WASHINGTON & REGULATORY UPDATES

SEC focuses on Dark Pools and Short Sales Click here for story.

Committee on Capital Markets Regulation files its Report The Global Financial Crisis A Plan for Regulatory Reform May 2009 Executive Summary of Report on Capital Markets Regulatory Reform

Washington Update May 29, 2009 WJ_Washington Update_5-29-09

Special Report on the Financial Stability Plan April 20, 2009 click here

Erik Sirri, Director of Divsion of Trading and Markets, to leave the SEC at the end of April. click here

Mary Schapiro's Testimony Concerning Enhancing Investor Protection and Regulation of the Securities Markets March 26, 2009 click here

Notes on House Appropriations Committee Hearing- Mary Schapiro "SEC Actions Relating to the Financial Crisis" click here

Notes on House Financial Services Committee Hearing on Mark-to-Market March 12, 2009  click here

Washington Update on Tax and Financial Services Issues April 3, 2009 click here

The Senate Banking Committee hearing on "Consumer Protections in Financial Services- Past Problems, Future Solutions March 3, 2009 Click here for hearing details and transcripts.

NEW AT STANY & STA

Trading Issues Committee Notes April 1, 2009 TRADING ISSUES COMMITTEE Recap 040109

Trading Issues Committee Notes March 5, 2009 TRADING ISSUES COMMITTEE Recap 030509[1]

STA Files a Comment Letter on The Importance of Due Process in Self-Regulatory Rulemaking -  January 12, 2009. Click here for letter.

Video coverage of STA's 75th Annual Conference is now available on-line  To view videos, click here

STANY comments on the Emergency Short Sale Orders  Click here to view STANY's letter

REGULATORY UPDATES

SEC votes to Improve Disclosure for Mutual Fund Investors effective 2/28/09  For text of SEC Press Release, click here


 

2009 STANY Golf Classic

Monday July 27, 2009
Canoe Brook County Club

Click here for more information or to register for the event


STANY Opens the NYSE

NYSE CEO, Duncan Niederauer, joins members of the STANY Board on the Podium of the NYSE to ring the opening bell- April 20, 2009. Watch the webcast:  

click here to view

Upcoming Events 

Cleveland Security Traders Annual Summer Event- June 25, 2009

For more information and to register click here.

Pittsburgh Stock and Bond Association's Annual Summer Conference - July 16-17, 2009

For more information and to register click here.

Minnesota Security Dealers Annual Summer Conference - July 16-17

For more information and to register click here.

What's Up at STA

SEC Commissioner Troy A. Paredes addresses STA's 13th Annual Washington Conference. To read his full speech click here.

Listen to a transcript of STA March 31, 2009 Conference call "Rebuilding Wall Street"

STA update on 2008 accomplishments and 2009 goals STA 2009 Presentation1-09

STA University

Through Agreements with the New York Institute of Finance, the Chicago Board Options Exchange and through internal development, STAU offers courses designed to enhance a trader's career development and add value to an organization. Courses can be taken on-line in multiple sessions, or in a single block of time, at the student's discretion. STA and STANY Members receive discounted rates for STAU classes. Visit STAU for class catalogue and more