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  • Six Federal Agencies Jointly Approve Final Risk Retention Rule

    Date 22/10/2014

    Six federal agencies approved a final rule requiring sponsors of securitization transactions to retain risk in those transactions. The final rule implements the risk retention requirements in the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).

  • CFTC Swaps Report Update

    Date 22/10/2014

    The CFTC Swaps Report provides a detailed weekly snapshot of the gross notional outstanding as of the penultimate Friday prior to the CFTC Swaps Report’s Wednesday publication date, as well as a detailed weekly total of the transaction volume (on both a ticket volume and dollar volume basis) ending that same penultimate Friday, in two asset classes (interest rate swaps, credit default swaps).

  • Federal Court Orders Boston Resident John B. Wilson And His Company, JBW Capital LLC, To Pay A Civil Penalty Of More Than $2.8 Million For Commodity Pool Fraud

    Date 22/10/2014

    The U.S. Commodity Futures Trading Commission (CFTC) today announced that the Honorable Richard G. Stearns of the U.S. District Court for the District of Massachusetts entered a Final Judgment against Defendants John B. Wilson and his company,JBW Capital LLC (JBW) (collectively, the Defendants), both of Boston, Massachusetts, for fraud and registration violations of the Commodity Exchange Act (CEA). The court’s Final Judgment orders the Defendants, jointly and severally, to pay a $2.86 million civil penalty; it permanently enjoins the Defendants from further violations of the CEA, as charged; and it imposes permanent trading and registration bans on the Defendants.

  • Statement At Open Meeting: Credit Risk Retention, SEC Commissioner Kara M. Stein Commissioner Kara M. Stein

    Date 22/10/2014

    I want to thank the staff in the Divisions of Corporation Finance and Economic Risk Analysis for their work on this rule, and in particular, Kathy Hsu and Arthur Sandel for your diligence and commitment to this interagency effort, and for the time you spent working with my staff. I sincerely appreciate your efforts, as well as the diligence and thoughtfulness of the numerous other staff members at the other agencies.

  • BATS Exchange Welcomes Valueshares - ValueShares U.S. Quantitative Value ETF Begins Trading Today On BATS Exchange

    Date 22/10/2014

    BATS Global Markets (BATS), a leading operator of securities markets in the U.S. and Europe, today announced that Alpha Architect’s first exchange-traded fund (ETF), the ValueShares U.S. Quantitative Value ETF (BATS: QVAL) begins trading today on BATS Exchange.