Deloitte at SIFMA 2025 has been saved
Events
Deloitte at SIFMA 2025
Deloitte is a Premium Associate Member of SIFMA, and we are proud to sponsor many SIFMA events throughout the year. We encourage you to explore some of our latest insights on relevant topics such as banking regulatory updates, US Treasury clearing, digital assets, and more.
The resources below can be downloaded to your device.
Featured insights:
Capital markets in 2025: Preparing for regulatory shifts
With a potential deregulatory agenda on deck under the new administration, capital markets are entering a new regulatory phase in 2025. Central clearing requirements and artificial intelligence (AI) governance will be pivotal features of the compliance agenda in the year ahead. Explore the potential impact of changes at the regulatory agencies on these and other topics, including Reg BI and fiduciary standards.
Navigating the US Treasury Clearing Mandate: The Road Ahead
Our comprehensive guide delves into the essential regulatory requirements, industry standardization efforts, and competitive landscape in the future of Treasury Clearing. Discover how to transform your business operations and infrastructure to not only comply with the new rules but also drive strategic growth. Learn about aligning your business decisions with client needs, leveraging technological investments, and designing an effective operating model to manage the increased complexity of the clearing environment.
For further reading:
AIOPS.D
An AI-driven plug-and-play modular platform focused on core business processes to empower organizations to achieve the connected experience tailored for use. The platform is a launchpad with pre-built use cases that is configurable to the specific needs of each organization. AIOPS.D enables organizations to focus on high-value processes while its platform-based portfolio of autonomous operations runs major business functions, shaping the future of work.
Multi-AI Agent Systems (MAS)
Enterprises are building AI-Agent ecosystems and need key capabilities to come together. MAS BPA focuses on coordination amongst each other and with humans to accomplish complex tasks.
2025 Annual Regulatory Report Overview - Market Integrity | Consolidated Audit Trail (CAT)
FINRA publishes an Annual Regulatory Oversight Report at the start of every year to provide member firms with insight into findings from its regulatory operations programs. The report covers a broad range of topics, including extensive guidance on the Consolidated Audit Trail (CAT) within the Market Integrity section.
Deloitte Litigation Consulting and Remediation Services Placemat
Overview of Litigation Consulting and Remediation Services
2025 investment management regulatory outlook: Preparing for significant shifts
The regulatory landscape for the investment management industry is poised for significant shifts in 2025. From political reversals and judicial impacts to emerging SEC regulations, this report explores key themes and areas of focus that investment management organizations should be aware of. By understanding these dynamics, they can better position themselves to understand compliance and remain proactive in their regulatory strategies.
2025 investment management outlook
Elevated risks and rewards will come depending on how investment management firms navigate change and use emerging technologies.
Navigating the Future: Emerging Trends in Trade Surveillance
Trade surveillance is vital for spotting and stopping market abuse and following regulations. As rules get stricter, and markets become more complex, financial institutions are using advanced technology and outsourcing to improve their surveillance. This helps them stay flexible, efficient, and compliant in a fast-changing regulatory environment.
Deloitte Trade and Communications Surveillance Operate Services
Deloitte's Trade and Communication Surveillance Operate Offering provides customizable operational support services for different groups and departments (Compliance, Surveillance, Supervision / Internal Controls, Internal Audit (IA), Legal). These are based on our extensive regulatory and operational knowledge and our skilled and experienced delivery center teams.
Digital Asset Risk Map
Participants in the blockchain and digital assets market face unique risks that regulatory bodies believe could have an impact on both consumers and the overall economy. Digital Asset RiskMap can help users mitigate those risks by generating risk assessment reports before launching digital asset products or services.
Risk management and governance of digital assets
Despite the whirlwind of uncertainty in financial markets over the past year, as well as the failure of several key players in the digital asset industry, today blockchain and digital assets are witnessing greater levels of investment than in the two years preceding the crypto bull market of 2021 through Q2 2022. Globally, crypto curiosity has not waned. One hundred and five countries, representing more than 95% of global GDP, are exploring central bank digital currencies (CBDCs). Moreover, proposed financial innovation regulations and policies have increased across the globe. All this could help pave the path toward greater clarity and transparency, a likely critical step for improving consumer confidence and promoting growth in the blockchain and digital asset industry.
2025 – the year of payment stablecoins
In our 2023 publication, Engaging with Stablecoins, and our inaugural piece in 2021, So You Want to be a Stablecoin Issuer, we explored the dynamics of this innovative digital asset class, highlighting complexities, market disruptions, and the evolving regulatory landscape both in the United States and globally.1 Fast forward to 2025, and multiple forces appear to be encouraging “traditional” financial (non-crypto-native) companies to consider becoming stablecoin issuers, from the recent surge and market capitalization and transaction volume of fiat-backed stablecoins, combined with signaling from the new administration, banking regulators and movement in the U.S. Congress towards a “payment stablecoin” (“PSC”) law and regulatory regime. A potential payment stablecoin issuer (“PSCI”) should strategically assess market opportunities, regulatory requirements, and required capabilities to successfully launch a PSC.
SEC Rule 605 amendments
The recent amendments to the Securities and Exchange Commission’s (“SEC”) Rule 605 introduce significant additions to the reporting entities and content requirements in 605 reports, mandating entities to enhance their reporting on order execution information, execution quality metrics, and market center performance. Entities subject to the rule should adapt their reporting systems to comply with these new requirements.
Cascade Carry & Rewards Brief 2024
Investment managers face increasing challenges with engaging talent and administering compensation programs. Our technology-enabled complete administration solution and participant portal helps your people better understand the value of their rewards, while freeing up management to focus on the decisions that matter.
Cascade Fees & Waterfall Brief
Fee calculations, reporting, and forecasting technology solution for alts & real estate.
Cascade Expense Allocations Brief
Manual processes for allocating expenses across funds can be highly complex, take significant FP & A effort, and are prone to error. Our automated expense allocation solution helps improve efficiency and controls while driving transparency on costs and profitability through analytics and dashboards.
SEC approves FINRA’s Securities Lending 6500 Rule Series
On January 2, 2025, the Securities and Exchange Commission (SEC) approved a rule change to adopt the new Financial Industry Regulatory Authority (FINRA) Rule 6500 Series, also referred to as the Securities Lending and Transparency Engine (SLATE). The rule change aims to improve transparency and efficiency in the securities lending market by implementing the requirements of SEC Rule 10c-1a, ensuring the reporting and dissemination of securities loan information meets regulatory standards.
Commodity Futures Trading Commission (CFTC) Swap Dealer Chief Compliance Officer (CCO) Annual Report Advisories
Summarized in this document are the details on additional guidance offered by the Commodity Futures Trading Commission (Commission or CFTC) in relation to the CCO Report via Advisory Letters 19-24 & and 22-17.
Swap dealer enforcement actions roundup
This report dives further into actions and fines covering Supervision and Reporting, providing insights into continued challenges faced by firms. Building on these findings, we highlight essential considerations for Boards and Senior Management across risk and business functions to navigate the growing demands of regulatory pressures.
Lessons learned from day 1 of non-centrally cleared bilateral repo reporting
The non-centrally cleared bilateral repurchase (NCCBR) market is currently one of the largest of the repo market segments, at an estimated $2 trillion-plus in outstanding commitments each day. On May 6, 2024, the Office of Financial Research (OFR) adopted as final a rule to establish an ongoing data collection for certain non-centrally cleared bilateral transactions in the US repo market. The Final Rule requires daily reporting of NCCBR transactions by Covered Reporters (those that have a reporting obligation based upon the rule). In parallel, the Securities and Exchange Commission (SEC) has adopted a final rule on central clearing in the US Treasury market. While the OFR has acknowledged the SEC’s final rule, both regulatory bodies see a need for transparency in non-centrally cleared bilateral transactions within the repo market and continued monitoring of a substantial portion of what the OFR feels are the “riskiest trades in the repo market.”
SEC approves changes to Reg NMS to reduce transaction costs and improve market transparency
On September 18, 2024, the Securities and Exchange Commission (SEC) voted to approve several updates to Regulation National Market Securities (Reg NMS) including the minimum pricing increments (i.e., tick size) across all venues, reducing the access fee caps, requiring all fees be known prior to the trade, enhancing the transparency of better priced orders by standardizing round lot and odd lot definitions and providing odd lot pricing in market data. Changes will begin on November 3, 2025, so firms will need to act timely for the system, business, and compliance impacts.
Augmenting trade surveillance programs with artificial intelligence and machine learning: A brief overview
The financial markets have generally been a hotbed of competitiveness, risk, and innovation. To uphold the economy’s good health and to build investor confidence, it is crucial to maintain integrity and stability of financial markets. In this world of fast-paced technological developments, artificial intelligence (AI) is becoming a potent weapon in the field of risk monitoring and surveillance. By looking at its diverse applications and upcoming trends, AI may be a crucial factor in helping to protect financial markets.
Tokenization: Realizing the vision of a future financial ecosystem
A growing number of business and thought leaders in financial services are extolling the transformative opportunities tokenization offers the industry. Its basics are relatively simple: the linking of financial assets to digital tokens traded on distributed ledgers, including blockchains, whereby the tokens reflect the fair value of the underlying assets.