News Centre

Office of Financial Research Update - Financial Markets Monitor For June/July

Date 08/07/2015

The OFR released today its Financial Markets Monitor for June/July. The monitor says developments in Greece, a sharp equity market correction in China, and Puerto Rico’s announcement of a potential debt restructuring have driven risk sentiment in financial markets. The key market focus has been the negotiations between Greece and its official creditors to secure needed government financing. Uncertainty increased significantly in late June, when the Greek government broke off negotiations, called a referendum on the official creditors’ proposal, established capital controls, and missed a payment to the International Monetary Fund. To date, there have been only moderate spillovers to other euro area periphery markets and safe-haven assets. Developments remain fluid; a more disorderly outcome in Greece than market participants expect may test the stability of broader euro area markets.

Deputy Assistant Attorney General David Bitkower Delivers Testimony Before Senate Judiciary Subcommittee On Crime And Terrorism’s Hearing Entitled “Cyber Crime: Modernizing Our Legal Framework For The Information Age”

Date 08/07/2015

Good afternoon, Chairman [Lindsey] Graham, Ranking Member [Sheldon] Whitehouse and members of the subcommittee.  Thank you for the opportunity to be here today to discuss legislative proposals that will enhance our ability to combat cybercrime and protect the privacy and security of the American people.  In particular, I would like to thank the chair and ranking member for their continued leadership on these important issues.

Prime Minister Of The Hellenic Republic, Alexis Tsipras’ Summary Comments At The European Parliament

Date 08/07/2015

This meeting should have taken place a long time ago. Because the debate we are having today is not just about Greece’s future, it’s about the future of the Eurozone. And indeed, we cannot have this debate behind closed doors. We do not bear responsibility for this.

Trading On NYSE And NYSE MKT - Trading Resumed

Date 08/07/2015

Trading on NYSE and NYSE MKT resumed at the times indicated below:  

MARKET RE-OPEN TIMES 

• 3:05pm NYSE MKT - Primaries only
• 3:10pm NYSE and NYSE MKT - Tape C

CFTC Swaps Report Update

Date 08/07/2015

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

NYSE/NYSE MKT - Trading Resumption Scheduled

Date 08/07/2015

NYSE and NYSE MKT are planning to resume trading on the following schedule.  Based on consultation with the industry, trading will resume without a re-opening auction.  

BM&FBOVESPA Publishes June Market Performance

Date 08/07/2015

Minutes Of The Federal Open Market Committee, June 16-17, 2015

Date 08/07/2015

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on June 16-17, 2015. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the meeting is also included as an addendum to these minutes.

Compass EMP Lists Three New Exchange-Traded Funds On The Nasdaq Stock Market - Alternative Approach Combining Fundamental Criteria With Broad Market Volatility Weighting Of Individual Securities

Date 08/07/2015

Nasdaq (Nasdaq:NDAQ) announced today that Compass EMP, a Victory Capital investment franchise, will list three new exchange-traded funds (ETFs), Compass EMP US Small Cap 500 Volatility Weighted Index ETF (Symbol: CSA), Compass EMP US Large Cap High Dividend 100 Volatility Weighted Index ETF (Symbol: CDL) and Compass EMP US Small Cap High Dividend 100 Volatility Weighted Index ETF (Symbol: CSB) on The Nasdaq Stock Market®. The funds will begin trading today, July 8, 2015.

Office Of The Comptroller Of The Currency Fines JPMorgan Chase $30 Million For Deficiencies In Debt Collection Practices And Servicemembers Civil Relief Act Compliance

Date 08/07/2015

The Office of the Comptroller of the Currency (OCC) today assessed a $30 million civil money penalty against JPMorgan Chase Bank, N.A.; JPMorgan Bank and Trust Company, N.A.; and Chase Bank USA, N.A. for unsafe or unsound practices related to the non-home loan debt collection litigation practices and to the Servicemembers Civil Relief Act (SCRA) compliance practices.