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BOX Options Exchange Comment Letter On SR-OCC-2015-02

Date 19/02/2015

Dear Mr. Fields:

BOX Options Exchange (“BOX”) appreciates this opportunity to comment on the above-referenced filing made by The Options Clearing Corporation (“OCC”) concerning a proposed capital plan for raising additional capital that would support the OCC’s function as a systemically important financial market utility (the “Proposed Capital Plan” or “Plan”). BOX appreciates that the OCC needs to raise additional capital to comply with new Securities Exchange Commission (the “SEC” or “Commission”) requirements. However, BOX believes additional clarity on the Plan is needed.

Canadian Securities Regulators Adopt Changes To The Accredited Investor, Minimum Amount Investment And Short-Term Debt Prospectus Exemptions

Date 19/02/2015

The Canadian Securities Administrators (CSA) today announced the adoption of two sets of amendments to National Instrument 45-106 Prospectus and Registration Exemptions (NI 45-106).

CalPERS Board Elects Committee Chairs And Vice Chairs

Date 19/02/2015

The California Public Employees' Retirement System (CalPERS) Board of Administration has elected the following chairs and vice chairs of key board committees:

Cooperation Key In Canadian Securities Regulators’ Fight Against Wrong-Doing

Date 19/02/2015

​The Canadian Securities Administrators (CSA) today released its seventh annual Enforcement Report that emphasizes the collaboration and cooperation among CSA members and between CSA members and local, national and international organizations in targeting illegal activities in Canada’s capital markets.  

ECSDA Responds To ESMA On CSD Authorisation

Date 19/02/2015

In its response to the ESMA consultation on “Level 2″ legislation on central securities depositories, ECSDA identifies several issues that need to be solved prior to the finalisation of the new rules.

Account Of The Monetary Policy Meeting Of The Governing Council Of The European Central Bank Held In Frankfurt Am Main On Wednesday And Thursday, 21-22 January 2015

Date 19/02/2015

1. Review of financial, economic and monetary developments and policy options

Financial market developments

Mr Cœuré reviewed recent financial market developments.

Since the Governing Council’s meeting in early December 2014, there had been a number of developments that had contributed to elevated market volatility. A sharp decline in crude oil prices had reinforced market expectations of lower inflation and a more accommodative monetary policy in the euro area. Overall, sovereign bond yields had continued to decline in most euro area countries and the euro had depreciated against most currencies.

ECSDA Responds To ESMA On Settlement Discipline

Date 19/02/2015

What will be the market impact of the CSDR rules on settlement discipline? The draft measures issued by ESMA for consultation in December 2014 in the context of the CSD Regulation (CSDR) would create a settlement discipline framework which has the potential to substantially affect the way securities transactions are cleared and settled today.

Deutsche Börse To Make Unscheduled Adjustment In MDAX: Bertrandt AG To Replace Gagfah S.A. (Tendered)

Date 19/02/2015

Due to its anticipated merger with Deutsche Annington SE, the tendered share class of Gagfah S.A. (ISIN LU1152862774), which is currently listed in MDAX, will be delisted from stock trading as of 24 February 2015 upon request of the company.

SEC Charges Brothers-In-Law in Louisiana With Insider Trading

Date 19/02/2015

The Securities and Exchange Commission today announced insider trading charges against a former Fortune 500 company executive and his brother-in-law whom he allegedly tipped with nonpublic information ahead of the company’s merger.

The MiG Report January 2015 - Brought To You By: The Market Intelligence Group | Toronto Stock Exchange | TSX Venture Exchange

Date 19/02/2015

Please click here for the January 2015 MiG Report.