NEW YORK--(BUSINESS WIRE)--Paredes Strategies LLC today solicited proposals to assist it in its engagement by Barclays Capital Inc. and Barclays PLC (NYSE:BCS) as an independent third-party consultant. The Barclays engagement relates to recent settlements that Barclays reached with the U.S. Securities and Exchange Commission and the New York Attorney General concerning violations that occurred in connection with the operation of Barclays’s alternative trading system (or so-called “dark pool”), Barclays LX.
Paredes Strategies LLC will conduct a comprehensive review of Barclays’s policies, procedures, practices, and compliance related to Barclays’s operation of Barclays LX, its Market Access Rule compliance, and its compliance with certain requirements of Regulation ATS.
Paredes Strategies LLC plans to engage one or more other parties, such as a professional services firm or firms, to assist Paredes Strategies LLC in discharging its responsibilities as the third-party consultant. Paredes Strategies LLC has prepared a Request for Proposal soliciting proposals from parties interested in being considered to so assist Paredes Strategies LLC.
You can obtain a copy of the RFP by sending an email to paredesRFP@hunton.com requesting that the RFP be sent to you. The deadline for submitting responses is 8 A.M., prevailing New York City time, on Monday, March 14, 2016.
Paredes Strategies LLC advises companies on financial regulation, especially as it relates to the SEC, including impacts on compliance, business strategy, governance, and overall risk management, including regulatory and political risk. For more information, please visit www.paredesstrategies.com.