Predictions for 2024: Regulation and macro

Our predictions series continues as Societe Generale Securities Services, Proxymity, Marex and Firebrand Research give their views on regulatory and macro factors set to impact the industry in 2024. 

Fireside Friday with… Clear Street’s Madhu Subbu

Rule 10c-1a has been adopted by the SEC with the aim of increasing transparency in the securities lending market. It requires lenders of securities to report the material terms of securities lending transactions to a registered national securities association (RNSA). Global Custodian spoke to Madhu Subbu, head of securities finance technology at Clear Street, to understand the implications of the new rule for the securities lending market.