US Treasury Market Review: Prelude to a New World Order?

A Steptoe-sponsored event
March 10, 2016

Click here to access the recording from this webinar.

Please join members of Steptoe's Financial Services practice on Thursday, March 10 for a webinar about the scope of the US Department of Treasury's request for information (RFI) on the evolution of the Treasury securities market, the potential impact to market dynamics and liquidity, and a preview of how the RFI responses may factor into future regulatory action.

Date: Thursday, March 10, 2016
Time: 12:00 p.m. - 1:00 p.m. EST

Featured panelists include:

  • Micah S. Green, Chair, Steptoe's Financial Services practice; former co-CEO of SIFMA and CEO of its predecessor organization the Bond Market Association
  • John T. Collins, Partner, Steptoe; former General Counsel to US Senate Banking Committee
  • Matthew B. Kulkin, Partner, Steptoe

Over the last two decades, technology and market innovation have changed the way market participants interact in the US Treasury market.  As trading has become increasingly automated, speed is more important than ever, and traditional roles are now filled by new players.  Yet, compared to equities, futures, and derivatives, the regulatory framework of the Treasury market has remained relatively static. 

The Treasury's RFI, issued in early 2016, signals possible future changes to market structure, trading protocols, risk management and business conduct standards, transparency, and regulatory and public post-trade information.  From corporate treasurers to dealer banks, proprietary trading firms to buyside funds, Treasury brokers, trading venues, and other critical market functions, this RFI could lead to dramatic revisions to the US Treasury market regulatory landscape.