Friday Roundtable on AI and the SEC

September 2023

Timely Discussion: Our Friday Roundtable on AI and the SEC

By Ryan Kwiatkowski, StoneX

STA Chair

We always strive to stock the program at our annual conference with as much worthwhile content as possible, and this year is no exception. In our latest update, we shared that our Friday program will feature a roundtable with a distinguished group of experts to discuss an extremely timely issue: the SEC’s proposed rules on predictive data analytics and artificial intelligence (AI).

After years of discussion and predictions, AI is at last beginning to be deployed across the financial services industry. The SEC has proposed an expansive new rule to address potential conflicts of interest associated with broker-dealer and investment advisor use of technology to interact with investors. Our roundtable participants will examine this topic from all angles.

The discussion will feature the following industry veterans, all of whom bring a wealth of knowledge and experience in enacting or navigating market structure regulation:

Manisha Kimmel, Head of Strategic Planning, Low Latency Group, LSEG (moderator)
Matt Billings, VP of Brokerage and President of Robinhood Financial and Robinhood Securities
Elad Roisman, Partner, Cravath, Swaine & Moore LLP
Dr. Jim Angel, Associate Professor, Georgetown University
Jessica Giroux, General Counsel and Head of Fixed Income Policy, American Securities Association
Brett Redfearn, Founder and CEO, Panorama Financial Markets Advisory

This session will be a genuine roundtable discussion featuring a wide range of perspectives, creating a unique opportunity for attendees to understand the future of AI in financial services. It’s also a testament to our commitment to being responsive to the needs of our members, ensuring the most timely issues are reflected in our program and providing top-notch content from start to finish.

We encourage you to stick around and join us on Friday for what promises to be an enlightening and thought-provoking session. The discussions will be engaging, the insights worthwhile and the connections invaluable. Don't miss out on this opportunity to better understand the SEC’s proposals on AI in market structure. We look forward to seeing you there!

90th Annual Market Structure Conference: The Next Era

October 11-13, 2023

JW Marriott, Washington DC

This is a hybrid event.

Current Agenda & Registration

CSTA Update: Executive Board and Board of Governors Announced

The 2023-24 CSTA Executive Board and Board of Governors was announced in August and became effective September 1, 2023. Bobby Iuculano (CGF) will lead as Chair; Andrea Brake (ATB), Vice Chair; Karen Jardim (ATB), Past Chair; Meena Saggar (BMO), Treasurer; and Dax Letham (J Zechner), Secretary.

Joining the board of governors on two-year terms are Greg Walker (BMO Asset Management), Joanne Hill (Virtu), Megan Miceli (Linedata) and Zak Miller (TMX).

On behalf of all the members, CSTA President John Christofilos (AGF Management) would like to thank Rob Gouley (OMERS), Eric Stockland (BMO), Janhavi Nandre (Mackenzie Investments), Ethan Parish (TD), Lukasz Darowski (Pender Fund) and Christian Yacoub (AIMCo), for all their hard work and commitment to the board and our members over the past two years.

For those interested in learning more about how to participate in CSTA events, click here.

BSTA 2023 Harvest Party

October 5

Bostonia Public House

Boston, MA

STANY Fall Outing

October 19

Garden City Country Club

Long Island, NY

STA Chicago Texas Hold ‘Em Tournament

October 19

Gibsons Bar and Steakhouse

Chicago, IL

STA Affiliate Events

Woman Mentor of the Year Award: Honoring Those Who Pave the Way

As our Annual Market Structure Conference in DC draws near and the anticipation builds, it's important to take a step back and recognize those who have helped pave the way for so many. The return of our Woman Mentor of the Year Award exemplifies that need, especially in an era when opportunities for women in finance are continuing to grow. Read more

Changing the Face of Financial Services Interview Series: Brandis DeSimone

Our latest edition features Brandis DeSimone, VP and Head of Data Sales - Americas at Nasdaq.

#GrassrootsGiving

This fall, financial and technology firms will once again trade their blazers and slacks for bike shorts and running shoes to take part in the annual Rides FAR (For Autism Research) bicycling and walking fundraiser on September 30, supporting the Autism Science Foundation (ASF).

Now in its ninth year, Rides FAR has announced that it has already raised over $650,000 in pre-event sponsorships from over 60 sponsors in the financial and fintech sectors. Top Rides FAR sponsors for 2023 include Cboe, T. Rowe Price, XTX Markets, Trumid, RBC Capital Markets, Paxos, Hudson River Trading and Hybrid Financial. Co-founded by industry veterans Bryan and Melissa Harkins, Rides FAR has raised over $3.5 million to date for AFX. This year, Rides FAR events will take place in New York, Baltimore and Toronto, and virtual riders can participate from all over the world.

“When my wife and I first founded this event, it was a small grassroots activity with only a few teams and corporate sponsors,” said Bryan Harkins, who is also STA’s 2023 Dictum Meum Pactum Award recipient. “But as the event has expanded year after year, the network effect has continued to propel us to new heights — which is the best way to ensure we have a consistent pipeline to fund critical research efforts.”

All proceeds from Rides FAR go to ASF, a nonprofit organization that supports autism research to discover the causes of autism and develop new treatments. Since its founding in 2009, ASF has funded more than $5 million in grants that have resulted in scientific breakthroughs in autism research. The organization has also recently expanded its international presence with the announcement of the creation of Autism Science Foundation Canada.

“ASF works with almost a dozen different autism researchers in Canada at the University of Alberta, Holland Bloorview Hospital and the University of Toronto,” said Jos Schmitt, President & CEO of Cboe Canada and Chair of the Toronto-based Bay Street Rides FAR event. “One project I am particularly excited about is the NextGen Sibs project. The goal of this project is to build a global collaborative network that will help in identification, evaluation, diagnosis and intervention for children of parents who have a sibling with an autism diagnosis. The probability of these children being diagnosed with autism is high, and being able to identify them early and expedite their entry into intervention would be a remarkable outcome with a life-changing impact.”

To learn more and register for Rides FAR, check out their website.

STA's 90th Annual Market Structure Conference Recognizes