SIFMA will present its 11thAnnual Market Structure Conference that will address the latest regulatory, business and structural changes that are impacting the markets and to address the many regulatory proposals issued in the past year by the SEC and exchanges.The proposals address all aspects of our market structure – access to the markets, hidden liquidity/dark pools, high frequency trading, flash quotes, circuit breakers, clearly erroneous trades, various trading strategies, large trader reporting and a consolidated audit trail. Panelists will offer regulatory and business views on these proposals, and their insights into the proposals’ impact for years to come. Discussions also will focus on how firms are handling the fierce competition, the large variety of trading platforms, and increasingly innovative business strategies (both buy-side and sell-side) in the face of the changing regulatory landscape.
WilmerHale partner Andre Owens will moderate a panel entitled, "US Equity Market Structure." This panel will focus onissues that need addressing andthe best solutions. It will also feature discussion of issues surrounding the May 6 "flash crash" and other recent market events, and resulting regulatory proposals including those relating to single stock and market-wide circuit breakers, circuit breaker alternatives, clearly erroneous trade rules, market maker obligations, undisplayed liquidity, high frequency trading, co-location, flash quotes and the options markets.