May 2016
Feature Article
STA 83rd Annual Market Structure Conference: Game Changers and Culture Creators 
by John Russell, STA Chairman

Every year the STA puts a meaningful amount of thought into the title of its annual market structure conference. This year was no different and we're pleased to announce that we have chosen the title Game Changers and Culture Creators.

 We chose this title because we felt it captured the reality our nation is facing with the election of a new President, while also making reference to an STA core value, the individual. This November, our country will elect a new leader.  An individual who no matter what side of the aisle you stand on will be a game changer and culture creator. This individual will lead us through economic highs and lows, as well as a complicated geopolitical landscape. Our industry will undoubtedly feel the impact from the result of this democratic process and will need to adapt and change in order to continue to strive. New game changers and culture creators will undoubtedly emerge and place their mark on our markets. 

This year's program will feature updates on some of the issues addressed at last year's conference like the SEC's Equity Market Structure Advisory Committee Panel that will have all four (4) subcommittee chairs. New topics like the impact that Millennials are having on market structure and formats, like the Market Structure Debate, which will pit one side against another with ASSIGNED hot topics, are some of the changes you will see to this year's program. In addition, we have added an STA Women in Finance Symposium that will teach effective communication skills for use in negotiations and career development.  Details on this inaugural event will be released in the coming month, and we are confident that it will be game changer for STA's annual conference this year and for years to come.  
 
While we are proud of the success we have achieved with this event, we remain humble and thankful to all who take time away from their personal lives to attend. We hope that you'll be able to join the over 700 hundred financial services professionals we expect this year.  Lastly, we would like to thank all of our sponsors. We appreciate your support and partnerships, for without you, the STA could not achieve its intended goals. A list of all of our Sponsors is below and for those firms who are still considering a sponsorship, we encourage you to view this year's package. 





News from the Hill

Keynote Address Investment Company Institute 2016 General Meeting - "The Future of Investment Company Regulation"
 SEC Chair Mary Jo White
 - 5.20.16
"And the SEC staff is, at my direction, working hard to finalize recommendations for the rules we proposed last year on fund reporting, liquidity risk management, and the use of derivatives, as well as advancing other proposals and initiatives."
  
Taking Stock
brought to you by JonesTrading

Rating Overweight: Based on Culture - 5.20.16
...confidence is more easily found in clearly measurable results than in a judgement call of the company leadership's ability to inspire and motivate employees. Since there are no "culture ratings" or "culture ratios" that can be easily plugged into a valuation formula, some analysts and many investors don't think to look for it when formulating opinions of buy, sell or hold...

Women in Finance

STA St. Louis 2016 Summer Outing
Stacey Cunningham, Chief Operating Officer, NYSE, to present.

Gender Diversity
Morgan Stanley issued a report on it's new proprietary gender-diversity framework here:

Spring Fundraiser: Get your flag on!
 
The STA has made incremental gains in the quantity and quality of its educational content. This was in large part due to grants from the STA Foundation, a not-for-profit 501( c ) 3 corporation that was organized by the STA in 1990. 

As the educational arm of the STA organization, grants from the STA Foundation are used towards STA's Monthly Newsletter, "Taking Stock" articles, Open Calls and speakers with subject matter expertise
 
While much has been accomplished, there is so much more we can do in. Today, we kindly ask that you consider making a donation to the STA Foundation. Donations as small as $25 can help us, help you. So, please consider a donation. 
 
Donations of $40 or more will receive an American Flag Pin Rectangle, �" L, brass, 22kt gold accents in a white box with white house seal.
 
 
Tax ID: 13-3579156

Upcoming Events
brought to you by KCG

The STA Events calendar keeps you informed on both national and  local STA events.  Join other security trading professionals to connect, learn and be inspired by the wide variety of panel discussions, keynote speakers, exhibitors and networking opportunities.


 86th Annual SFSTA
 Conference
 June 9-12, 2016
Regulatory Updates from FIF

The summary information is provided by the Financial Information Forum for the Security Traders Association Monthly Newsletter. Through topic-oriented working groups and tracking documents, FIF follows these initiatives closely.





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