Fines & Wines

I've Got 99 Problems...And TRACE is All of Them

December 15, 2022 TRADEliance Season 1 Episode 6
Fines & Wines
I've Got 99 Problems...And TRACE is All of Them
Show Notes

$675,000 fine for issues related to TRACE Trade Reporting.

  • Let’s start a book club!  The ladies are currently reading the Bond King by Mary Childs and had a fangirl moment when she acknowledges them on Linkedin
  • Kat and Jesy are on a quest for a good box wine
  • Itemized TRACE Issues (It’s a lot)
     
    • Late Trades 
    • No Remuneration Indicator 
    • Non-member Affiliate trade reports
    • Factored corporate bonds 
    • Supervision
    • Major theme:   Systemic Issues
  • Make sure you are supervising rejected trades
  • How inclusive is your supervisory reviews?

Read the AWC here.

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