News Centre

FIFA Press Statement On Secretary General Jérôme Valcke

Date 17/09/2015

IIROC Works With CSA To Improve Access To Fixed Income Information

Date 17/09/2015

The Investment Industry Regulatory Organization of Canada (IIROC) is pleased that the Canadian Securities Administrators (CSA) will work with IIROC to enhance fixed income regulation and increase post-trade transparency.

SEC Charges Clearing Firm Officials For Improper Margin Loans, Accounting And Disclosure Failures

Date 17/09/2015

The Securities and Exchange Commission today announced charges against four former clearing firm officials for their roles in a series of accounting and disclosure failures stemming from decisions to extend credit to certain customers beyond what is allowed under the federal securities laws.

Canadian Securities Regulators Seek Comments On Enhancing Regulation And Transparency In The Fixed Income Market

Date 17/09/2015

The Canadian Securities Administrators (CSA) today published for comment CSA Staff Notice 21-315 Next Steps in Regulation and Transparency of the Fixed Income Market, which describes the CSA’s plan to enhance fixed income regulation.

US Justice Department Announces Two Banks Reach Resolutions Under Swiss Bank Program

Date 17/09/2015

The Department of Justice announced today that St. Galler Kantonalbank AG (SGKB) and E. Gutzwiller & Cie, Banquiers, have reached resolutions under the department’s Swiss Bank Program.  These banks will collectively pay penalties totaling more than $11 million.

SIFMA Asset Management Group Joins Symbology Project

Date 17/09/2015

SIFMA’s Asset Management Group (AMG) has joined the International Swaps and Derivatives Association in the new industry symbology project aimed at developing an open-source standard derivatives product identification system for pre-trade, trading and post-trade workflows. The AMG Derivatives Clearing Standardizations Working Group has been developing a positional identifier for cleared derivatives since early 2014, bringing together asset managers, custodians, CCPs, SEFs, and other service providers to propose operational standards to allow for more efficient trade processing for all involved parties in the cleared derivatives space.

Testimony Of US Treasury Under Secretary For International Affairs Nathan Sheets Before The House Financial Services Subcommittee On Monetary Policy And Trade

Date 17/09/2015

Chairman Huizenga, Ranking Member Moore, and Members of the Committee, thank you for the opportunity to testify today.  I appreciate the opportunity to discuss Treasury’s role in promoting global economic growth.

Remarks At The Bloomberg BNA Conference On Revenue Recognition, Wesley R. Bricker, SEC Deputy Chief Accountant New York, NY, Sept. 17, 2015

Date 17/09/2015

Introduction

Thank you for the kind introduction and the invitation to speak at today’s conference. But, before I continue, let me remind you that the views expressed today are my own and not necessarily those of the Commission, the individual Commissioners, or other colleagues on the Commission Staff.

Speech By European Commissioner Jonathan Hill At European Banking Federation, 2015 Annual High Level Conference, Brussels, 17 September 2015, European Commissioner For Financial Stability, Financial Services And Capital Markets Union, Keynote Speech - A Brave New World For Banks

Date 17/09/2015

Ladies and gentlemen,

This is a Commission that puts growth and jobs first.

It is a Commission that wants a strong and stable banking sector that is well led, where managers take responsibility. A banking sector that is able to compete internationally and respond to the challenges of a fast moving digital economy. A banking sector that complements - and is integral to - the Capital Markets Union I am working to build.

Direxion Launches Two New Leveraged ETFs Based On The ISE Cyber Security™ Index (Index Ticker: HXR)

Date 17/09/2015

ISE ETF Ventures announced that Direxion Investments has licensed the ISE Cyber Security Index (index ticker: HXR) as the basis for two new leveraged exchange-traded funds (ETFs) that will seek to achieve 200 percent, and 200 percent of the inverse, of the daily performance of the index. The funds launched yesterday on NYSE Arca.