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  • CFTC Staff Issues An Extension Of Time Limited, No-Action Relief To Futures Commission Merchants

    Date 31/10/2014

    The U.S. Commodity Futures Trading Commission’s Division of Swap Dealer and Intermediary Oversight issued an extension of previously issued time-limited, no-action relief to the Futures Industry Association, its member Futures Commission Merchants (FCMs), and similarly situated FCMs regarding the simultaneous recording of book entry credits upon the receipt of customer funds via a wire transfer by an FCM.

  • FIA General Counsel Barbara Wierzynski To Depart Role At End Of 2014 - Deputy General Counsel Allison Lurton Will Begin Serving As General Counsel In January 2015

    Date 31/10/2014

    Walt Lukken, President and CEO of FIA, announced today that after 20 years as FIA’s general counsel, Barbara Wierzynski has decided to take leave of this role at the end of 2014. In her 28-year career at FIA, Barbara played a key role in the growth of the organization from a small trade association to the industry leader of today. She was instrumental in shaping nearly three decades worth of Commodity Futures Trading Commission reauthorizations, expanding FIA’s focus to global issues, and guiding the industry through several watershed events, including the Barings crisis, the downfall of Lehman and the subsequent development of the Dodd-Frank Act. She was key in the advancement of FIA’s consumer-protection recommendations in the wake of the collapse of MF Global and Peregrine, which have now been adopted by regulators.

  • STOXX Europe 600 Licensed To US-Based Investment Manager ALPS

    Date 31/10/2014

    STOXX Limited, a leading provider of innovative, tradable and global index concepts, today announced that the STOXX Europe 600 Index has been licensed to ALPS, a leading US-based investment management specialist, to serve as the basis for an exchange-traded fund (ETF). The ETF will be listed on NYSE Arca today.

  • Kx Systems Gets Expanded Investment From Shareholder First Derivatives

    Date 31/10/2014

    Kx Systems (Kx) announced today that long-time partner First Derivatives is now a majority shareholder in the company, raising its ownership of Kx from 20% to roughly 65%.

  • ASIC Update Of Employee Incentive Scheme Policy And Release Of Class Orders

    Date 31/10/2014

    ASIC has released an updated regulatory guide and new class orders on employee incentive schemes.