News Centre

Abu Dhabi Securities Exchange (ADX ) Honors Employees

Date 21/12/2014

In its efforts aiming to develop and motivate employees and staff and to encourage them to upgrade their performance and productivity, Abu Dhabi Securities Exchange (ADX) recently held a recognition ceremony to honor a group of its employees.

NYDFS Reaches Agreement On Final Consent Judgment With Condor Capital, Obtaining Full Restitution For Consumers Under Dodd-Frank Lawsuit - Condor And Its Sole Shareholder Admit Law Violations, Will Pay $3 Million Penalty, Make Full Restitution To Consumers, And Liquidate The Company - Lawsky V. Condor Is First Lawsuit Brought By State Regulator Under Dodd-Frank Act To Enforce Federal Consumer Protection Laws

Date 20/12/2014

Benjamin M. Lawsky, Superintendent of Financial Services, today submitted for the Court’s approval a Final Consent Judgment to settle the Department’s lawsuit against Condor Capital Corporation (Lawsky v. Condor), a subprime auto lender based in Long Island, and its sole shareholder, Stephen Baron.  Among other violations, the defendants deceptively retained millions of dollars owed to vulnerable borrowers and overcharged them for interest in violation of the Truth in Lending Act.  Under the terms of the Final Consent Judgment, Condor and Mr. Baron will make full restitution plus nine percent interest to all aggrieved customers nationwide (an estimated $8-9 million), pay a $3 million penalty, and admit violations of New York and federal law.  Following a sale of its remaining loans in a manner that ensures appropriate consumer protections, Condor will surrender its licenses in all states.

CBOE Holdings Announces Date Of Fourth-Quarter 2014 Earnings Release And Conference Call

Date 20/12/2014

CBOE Holdings, Inc. (NASDAQ: CBOE) will announce financial results for the fourth quarter of 2014 before the market opens on Friday, February 6, 2015.  A conference call with remarks by CBOE Holdings, Inc. senior management will begin at 7:30 a.m. Central Time (CT). 

Autorité Des Marchés Financiers Adjusts Its Annual And Other Fees

Date 19/12/2014

As of January 1, 2015, the annual and other fees payable under the laws administered by theAutorité des marchés financiers (the "AMF") will be adjusted.

Canadian Securities Regulators Articulate Concerns On Routing Retail Equity Orders To U.S. Dealers

Date 19/12/2014

Members of the Canadian Securities Administrators (CSA) today set out their concerns with respect to the practice of routing retail equity orders to U.S. dealers.

BATS 1000 Index Up 3.5 Percent This Week

Date 19/12/2014

BATS Global Markets (BATS), a leading operator of securities markets in the U.S. and Europe, reports the BATS 1000® Index (Ticker: BATSK) Increased 778.78 points to close at 22,986.44 or up 3.5 percent over last Friday’s close.

FBI: Update In Sony Investigation

Date 19/12/2014

Today, the FBI would like to provide an update on the status of our investigation into the cyber attack targeting Sony Pictures Entertainment (SPE).  In late November, SPE confirmed that it was the victim of a cyber attack that destroyed systems and stole large quantities of personal and commercial data.  A group calling itself the “Guardians of Peace” claimed responsibility for the attack and subsequently issued threats against SPE, its employees, and theaters that distribute its movies.

Remarks By US Treasury Secretary Jacob J. Lew On Conference Call Highlighting Treasury Sale Of Its Entire Ally Financial Stake And The Wind Down Of TARP

Date 19/12/2014

CFTC Staff Issues No-Action Letter Providing Relief to Entities Operating Insurance-Linked Securities Issuers

Date 19/12/2014

The U.S. Commodity Futures Trading Commission’s (Commission) Division of Swap Dealer and Intermediary Oversight (DSIO) issued a letter that provides no-action relief to entities operating issuers of insurance-linked securities (ILS Issuer) subject to specific conditions.

Agencies Release Annual CRA Asset-Size Threshold Adjustments For Small And Intermediate Small Institutions

Date 19/12/2014

The federal bank regulatory agencies today announced the annual adjustment to the asset-size thresholds used to define small bank, small savings association, intermediate small bank, and intermediate small savings association under the Community Reinvestment Act (CRA) regulations.