Policy Matters

Upgrading the Securities Information Processors (SIPs)
Today’s U.S. equities markets are evolving in ways that were unthinkable just a few years ago. We believe that the SIPs – the electronic backbone of market data in the U.S. – have become outdated and unfit for purpose. This failure impacts every market participant, particularly the small and large brokers who drive our economy. Rich Steiner outlines how we can and must do better.
Market Wide Circuit Breakers – How Coronavirus Opened the Door for Improvement
RBC has a proud history of advocating for more transparent and efficient markets. Working alongside a group of clients we call “The DC Group,” we continue to engage regulators and elected officials in Washington to share thoughts on how we can improve outcomes for investors.
Advocating for Investors on Equity Market Structure Improvements
Are investors truly getting all the benefits of robust competition and innovation? More can be done to help improve trading efficiencies and reduce conflicts. At RBC Capital Markets’ we believe we have found a way to help clients benefit from more fair, competitive, and transparent markets.

Rich Steiner
Head of Client Advocacy and Market Innovation