February 2022
Featured Article
The Power of Connection
by Kate McAllister, Global Liquidity Partners
STA Chair


It is hard to believe that we are almost through the first two months of 2022. There is a sense that things are starting to return to normal, offices are welcoming back employees, and mask and vaccine card mandates are being relaxed. These realities will provide opportunities to connect in a more meaningful way than what we’ve experienced these past two years. 

The internet is an amazing technology that has allowed us to do things we never thought possible even ten years ago. It has transformed the workplace and given our industry the ability to work from home. But this very gift can also be a curse. While allowing us to connect, it has also caused us to become more disconnected. Many people now opt to schedule a virtual meeting rather than have a conversation with a colleague or client face to face. We can find ourselves living through our emails and Zoom calls rather than living in the moment. It seems fewer people are even turning their cameras on during virtual meetings. 

Studies show that the most impactful communication will always happen face to face. When we are together, we "see" one another, and we are more present. There is more knowledge to be learned from a conversation than an email or a text. 

In a time when we have the ability to be so connected, we need to watch that we do not become disconnected. Technology should be used to grow and enhance relationships, not replace in-person gatherings. Quality connection is crucial in business and in life, and long-lasting success is based on relationships. Yes, there is great power in connecting with people.

Studies show that the most impactful communication will always happen face to face. When we are together, we "see" one another, and we are more present. There is more knowledge to be learned from a conversation than an email or a text.

One of the wonderful things that STA and our affiliates facilitate is the ability to connect in person through annual conferences and various events throughout the year. Our first in-person affiliate event of 2022 is happening in Florida today and its attendees are looking forward to reconnecting in person.

I hope that in 2022 you consider attending one of the dozens of events that STA and our affiliates are planning to host. They are all incredible opportunities to reconnect with clients and peers and to learn about and discuss the challenges facing our industry and the opportunities that lie ahead.

I look forward to connecting with many of you at various events throughout 2022 and hope that you can all rediscover the power of face-to-face connection. 

Lastly, I would also like to thank the 2022 Board of Governors, all of whom are giving back to an industry that has provided so much for so many. 
STA Open Call

SEC Proposes Significant Expansion of Regulation ATS

To help raise awareness and educate the broader industry on the SEC's proposed rules that would significantly expand Regulation ATS to include "communication protocol systems" that use nonfirm trading interest to bring together buyers and sellers of securities, STA is pleased to provide a recorded Open Call that features legal experts from the law firm Sidley.
Washington DC Spring Update
Join us March 30 as we host congressional and regulatory leaders responsible for oversight of our markets alongside business leaders across our industry for a one-day virtual event. Topics of discussion will include: pending legislation that will impact our industry and 2022 priorities at the Securities and Exchange Commission.

Confirmed presenters:

Rep Sean Casten
Rep Warren Davidson
Rep Tom Emmer
SEC Commissioner Hester Peirce
Former SEC Commissioner Robert Jackson
Taking Stock
Wall Street Bonuses; How Much Will You Save?
by Jim Toes, STA

Bonuses and pay raises have been reported with great enthusiasm in the daily journals recently. Speculation forecasts increases of 25%, 50% and higher, and comparisons to the past high-water mark set a decade ago are being made. For those individuals who have lived through the cyclical nature of our business and the inconsistency of pay and job insecurity it brings, there exists a unique perspective and deep appreciation for this benevolent event. However, for the younger generation, those just starting out in their careers, there may exist an expectation that every year going forward will be this rewarding, and that can lead to financial trouble down the road.
Women in Finance
To the Women of STA: 2022
by Patricia Koetzner
Siebert Williams Shank & Co., LLC &
STA WIF Chair

It’s typical that around this time, the start of a new year, that we focus on the importance of service. Service within our communities, and within this great industry that we all find ourselves lucky to be a part of. But maintaining the proper balance on how we allocate our time can be tricky.
Upcoming Affiliate Events

Mid-Atlantic STA 2022 Mid-Winter Conference
March 31-April 1
Location TBD


STANY Annual Conference 2022
April 4
New York Stock Exchange
New York, NY


STAC 96th Annual Mid-Winter Meeting
April 20-21
Chicago Hilton
Chicago, IL

STA Trading Views Podcast
Subscribe to STA's YouTube Channel

Interested in accessing exclusive STA content, including highlights from our Annual Market Structure Conference, Women in Finance keynote speakers and more? Subscribe today to the brand-new STA YouTube Channel to hear from financial and regulatory leaders on key industry issues.
Save the Dates!
Mark Your Calendars for these STA National Events!


2022 Washington DC Spring Update 
March 30
Virtual

89th Annual Market Structure Conference
October 12-14
JW Marriott Washington DC
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