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  • Shenzhen Stock Exchange Holds A “Shenzhen Enterprises Day” Activity For Foreign Investors

    Date 16/09/2015

    On September 10 2015, Shenzhen Stock Exchange (“SZSE”) and Goldman Sachs & Co jointly organized a “Shenzhen Enterprises Day” activity in Shenzhen. Over 60 domestic and foreign investment institutions from the U.S., the U.K., Australia, Norway, Singapore, India and Hong Kong and senior executives from 18 Shenzhen market listed companies communicated and carried out research in the activity. Liu Huiqing, vice general manager with SZSE participated in and addressed the meeting.

  • NZX Interim Report 2015 Published

    Date 15/09/2015

    NZX today published its Interim Report for the six months ended 30 June 2015.

  • Finishing The Work Of Regulating Security-Based Derivatives, SEC Commissioner Luis A. Aguilar, Sept. 15, 2015

    Date 15/09/2015

    About seven years ago, our country suffered a financial crisis that resulted in devastating economic damage. A close look at what happened made clear that one of the major contributing factors to the crisis was the role of the unregulated derivatives market. In response to the regulatory deficiencies exposed during the financial crisis, Congress passed, among other things, Title VII of the Dodd-Frank Act, which requires the SEC and the CFTC to establish a framework for regulating the over-the-counter swaps market. In particular, the Commission became responsible, per the Dodd-Frank Act, for coming up with rules to regulate the security-based swap (“SBS”) market, which comprises approximately $14 trillion in SBS market value.

  • Statement Of CFTC Commissioner J. Christopher Giancarlo On The Proposal To Amend The Definition Of “Material Terms” For Purposes Of Swap Portfolio Reconciliation

    Date 15/09/2015

    In its rush to implement the Dodd-Frank Act over the past few years, the Commission issued multiple rules that proved to be confusing, impracticable or unworkable, which in turn necessitated the unprecedented issuance of no-action relief, either due to unrealistic compliance deadlines, problematic elements of the rules or both. I trust that today’s proposal from the Commission signals that the epoch of heedless rule production is drawing to a close.

  • FINRA Releases Guidance On Liquidity Risk Management Practices

    Date 15/09/2015

    The Financial Industry Regulatory Authority (FINRA) announced that it has released Guidance on Liquidity Risk Management Practices, the results of a year-long review of firms’ contingency plans and processes related to managing liquidity needs in a stressed environment. Beginning in March 2014 and continuing into the first quarter of 2015, FINRA conducted a review of 43 firms’ plans and readiness for addressing liquidity during financial stress. This review amplifies the guidance provided in Regulatory Notice 10-57, Funding and Liquidity Risk Management Practices, by measuring how well firms are prepared for liquidity stress events.