Compliance Advice on SEC's Market Access Rule from Julie Dixon of Titan Regulation

Though compliance with the rule has been required since November 2011, firms still have lingering questions about the adequacy of their self-policing programs. Julie Dixon, managing principal at Titan Regulation, discusses the origins of the Market Access Rule and how it affects buy side firms and their trading activity. She also offers advice on how hedge funds and broker-dealers can be sure their programs are compliant, and what a firm may expect during a regulatory audit of its risk systems. She closes with a look at the "new breed" of market disruptions and how the Market Access rule may evolve in the coming years.