News Centre

Lara Shalov Mehraban Named Associate Director For Enforcement In SEC’s New York Regional Office

Date 22/09/2015

The Securities and Exchange Commission today announced that Lara Shalov Mehraban has been named Associate Regional Director for Enforcement in the agency’s New York Regional Office. 

CFTC Approves Supplement To Proposed Rulemaking To Modify The Aggregation Provisions Of Its Position Limit Rules

Date 22/09/2015

The U.S. Commodity Futures Trading Commission (Commission) today approved for public comment a supplement to its November 2013 proposal to modify the policy for aggregation under the Commission’s position limits regime for futures and option contracts in Part 150 of its regulations. As noted then, if the Commission’s proposed position limits regime for 28 exempt and agricultural commodity futures and options contracts and the physical commodity swaps that are economically equivalent to such contracts are finalized, the proposed modifications would also apply to aggregation under the position limits regime for those contracts and swaps.

SEC Charges Investment Adviser With Failing To Adopt Proper Cybersecurity Policies And Procedures Prior To Breach

Date 22/09/2015

The Securities and Exchange Commission today announced that a St. Louis-based investment adviser has agreed to settle charges that it failed to establish the required cybersecurity policies and procedures in advance of a breach that compromised the personally identifiable information (PII) of approximately 100,000 individuals, including thousands of the firm’s clients.  

EBA: Consultation On Guidelines On The Application Of The Definition Of Default (EBA/CP/2015/15)

Date 22/09/2015

The European Banking Authority (EBA) launched today a consultation on its draft Guidelines specifying the application of the definition of default. The work is in line with an EBA Discussion Paper on the topic published earlier in the year which described the EBA's upcoming work on improving consistency and comparability in capital requirements. The consultation runs until 22 January 2016 and the EBA is also asking the public for feedback on a Quantitative Impact Assessment (QIS) of the Guidelines.

SEC Proposes Liquidity Management Rules For Mutual Funds And ETFs

Date 22/09/2015

The Securities and Exchange Commission today voted to propose a comprehensive package of rule reforms designed to enhance effective liquidity risk management by open-end funds, including mutual funds and exchange-traded funds (ETFs). 

BATS Global Markets Successfully Operates U.S. Businesses From Local Disaster Recovery Site As Part Of Business Continuity Planning Process - Company Headquarters Taken Completely Offline for Test of Business Continuity Plan on September 17th

Date 22/09/2015

BATS Global Markets (BATS), a leading operator of exchanges and services for financial markets globally, today announced the successful and total operation of its U.S. markets from its Kansas City-area disaster recovery (DR) site on Thursday, September 17th as part of its Business Continuity Planning (BCP) process.  

SEC Charges Retailer For Improper Valuation And Inadequate Internal Accounting Controls

Date 22/09/2015

The Securities and Exchange Commission today charged Stein Mart Inc. for materially misstating its pre-tax income due to improper valuation of inventory subject to price discounts and for having inadequate internal accounting controls.

Euronext: Viapresse Lists On Alternext Paris

Date 22/09/2015

EnterNext, the Euronext subsidiary dedicated to promoting and growing the market for SMEs , today congratulated Viapresse, the French specialist in online sales of magazine subscriptions, on its transfer from the Free Market to Alternext Paris. Viapresse has been listed on Alternext Paris since Thursday, September 10.

Statement At Open Meeting On Open-End Fund Liquidity Risk Management Programs; Swing Pricing; Re-Opening Of Comment Period For Investment Company Reporting Modernization Release, SEC Commissioner Michael S. Piwowar

Date 22/09/2015

Thank you, Chair White.

And thanks to the staff who worked so hard on this rulemaking. The numerous evenings and weekends you sacrificed have not gone unnoticed, and the results of those efforts are clearly reflected in the quality of this comprehensive proposal.

ESMA's Chair, Steven Maijoor, Gives ISDA Keynote Speech: Clearing The Way Towards An OTC Derivatives Union

Date 22/09/2015

Today Steven Maijoor, Chair of ESMA, delivered the keynote address at the 2015 ISDA Annual Europe Conference in London.