News Centre

Bursa Malaysia Issues 2nd Report On Analysis Of Corporate Governance Disclosures In Annual Reports

Date 17/12/2015

Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) has continued its efforts in upholding market quality with its 2nd report on the analysis of corporate governance disclosures in annual reports of 450 issuers listed on the Main and ACE markets, bringing the total to 750 listed issuers’ annual reports reviewed over 2 years.  

SEC: Hedge Fund Adviser Lied To Investors

Date 17/12/2015

The Securities and Exchange Commission today barred a hedge fund adviser from the securities industry for making a series of false statements to investors and ultimately causing a fund’s collapse.

Being A Responsible Steward: Ensuring That The SEC Implements Effective Cybersecurity Protocols For Its Data Gathering Efforts, Commissioner Luis A. Aguilar, United States Securities and Exchange Commission[1], Dec. 16, 2015

Date 16/12/2015

I. Introduction

The Securities and Exchange Commission’s recent initiatives to gather and analyze more information about the securities markets represent an essential component of being an effective regulator. These initiatives will certainly assist the Commission in achieving its perennial goal of becoming a more informed and astute regulator, and will help the Commission keep pace with our rapidly evolving markets.

Increased Liquidity, Electronic Access, Need For Efficient Risk Management Tools Drive Demand For Options On Futures, According To TABB Research

Date 16/12/2015

Rising market volatility and expanded investor demand are driving volume in options on futures (OOF) markets, with trading volume seeing a 12.8% CAGR since 2009, based on new TABB Group’s research, “Options on Futures: Use Cases in Efficient Risk Management.”  It provides a detailed look at how the rising adoption of OOF has been facilitated by a number of structural shifts, including the electronification of the trading environment and a corresponding rise in liquidity as more and more firms are including OOF in their strategies.

Intercontinental Exchange, Inc. Announces Secondary Offering By Selling Stockholders Related To Interactive Data Acquisition

Date 16/12/2015

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global network of exchanges and clearing houses, today announced that Silver Lake Partners III, L.P., Silver Lake Technology Investors III, L.P., Warburg Pincus Private Equity X, L.P., Warburg Pincus X Partners, L.P., WP X Finance, L.P. and Igloo Co-Invest, LLC (collectively, the Selling Stockholders) intend to offer for sale in an underwritten secondary offering 5,669,002 shares of ICE’s common stock pursuant to ICE’s shelf registration statement filed with the Securities and Exchange Commission (SEC). The shares being offered were originally issued to the Selling Stockholders in connection with the acquisition of Interactive Data Holdings Corporation which ICE completed on December 14, 2015. ICE is not selling any shares and will not receive any proceeds from this offering. The closing price of ICE’s common stock on December 16, 2015, was $247.72 per share.

IMF Executive Board Concludes Review Of Fund-Supported Programs During Global Financial Crisis

Date 16/12/2015

On December 7, 2015, the Executive Board of the International Monetary Fund (IMF) concluded a review of program design and outcomes of Fund-supported programs undertaken during and following the global financial crisis. The discussion was informed by a staff paper.

CFTC Swaps Report Update

Date 16/12/2015

CFTC's Weekly Swaps Report has been updated, and is now available.

24 Investment Management Firms Commit To Single-Name CDS Clearing

Date 16/12/2015

The International Swaps and Derivatives Association, Inc. (ISDA), Managed Funds Association (MFA) and SIFMA's Asset Management Group today announced that several of the Associations' collective member firms have pledged to begin voluntarily clearing their single-name credit default swap (CDS) trades through central counterparties (CCPs). 

CFTC Approves Final Rule On Margin Requirements For Uncleared Swaps For Swap Dealers And Major Swap Participants

Date 16/12/2015

The U.S. Commodity Futures Trading Commission (CFTC) today approved the Final Rule on Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants. The Commission voted 2 in favor and 1 opposed.

Remarks To The ICI 2015 Securities Law Development Conference, David Grim, Director, SEC Division Of Investment Management, Washington, D.C., Dec. 16, 2015

Date 16/12/2015

Introduction

Good morning everyone, and thank you, David, for that kind introduction and for inviting me to speak here today. Before I begin, let me remind you that the views I express are my own and do not necessarily reflect the views of the Commission, any of the Commissioners, or any other colleague on the staff of the Commission. Before I begin, I should mention that I’m joined here today by several of my Investment management colleagues—Diane Blizzard, who will be participating shortly in the “Looking to the Future: What Funds Should Expect in 2016” panel, Aaron Schlaphoff, who will be participating in the derivatives panel, and Sarah ten Siethoff, who will be participating in the fixed income funds panel. We are also joined by several of our colleagues from around the Commission, including Katherine Feld from the Commission’s Office of Compliance Inspections and Examinations (OCIE) and Anthony Kelly from the Commission’s Division of Enforcement.