Seeks input by Apr. 14 aimed at improving markets' ability to handle elevated margin calls
First phase of reforms to take effect Sept. 28
IOSCO, Basel Committee recommendations target non-central clearing markets
Measures aim to address lessons of market turmoil in early 2020 and 2022
Regulators to explore the regulation, provision of advice online
Leverage and liquidity risks lurk alongside rising financial stresses
Proposal revises conservative approach initially sought by IIROC
Firm fined for operational failures, service and supervisory issues
Complex undertaking will reduce counterparty risk, as well as margin and liquidity demands
Younger demographic has different investing habits and preferences, FINRA research finds