News Centre

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.

Dissenting Statement Of SEC Commissioner Daniel M. Gallagher Concerning Adoption Of Rules Implementing The Credit Risk Retention Provisions Of The Dodd-Frank Act Commissioner Daniel M. Gallagher

Date 22/10/2014

Thank you, Chair White. Before I begin, I’d like to extend my thanks to the staff from the Commission’s various divisions and offices that worked so diligently on today’s release.

Tradeweb Adopts Thomson Reuters Accelus Org ID KYC Managed Service - Tradeweb’s Use Of Accelus Org ID Will Help Enhance Its KYC processes

Date 22/10/2014

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced that Tradeweb Europe, an affiliate of Thomson Reuters and a leading provider of electronic fixed income and derivatives marketplaces, has selected Thomson Reuters Accelus Org ID (Accelus Org ID) to complement its existing Know Your Customer (KYC) due diligence. 

Dissenting Statement At Open Meeting Regarding Final Rule On Credit Risk Retention, SEC Commissioner Michael S. Piwowar

Date 22/10/2014

Thank you, Chair White.

Let me begin by saying how much I appreciate the great efforts from the Commission staff working on the rule, especially those in the Divisions of Corporation Finance and Economic and Risk Analysis and the Office of General Counsel.  Unfortunately, despite their efforts, I cannot support the adoption of the final joint rule to implement the credit risk retention requirements of Section 15G of the Securities Exchange Act of 1934 (the “Exchange Act”), as added by Section 941(b) of the Dodd-Frank Act.

EGX Chairman Issues A Decision To Reduce The Listing Requested Documents By The Half - In A Step To Encourage Companies To List In The Egyptian Exchange - EGX Chairman Issued A Decision To Reduce The Listing Requested Documents To The Half

Date 22/10/2014

As per the Egyptian Exchange (EGX)' attempts to attract more companies from various sectors to list in the stock market so as to provide various investment options for perspective investors, which is positively reflected on the listed companies' market capitalization. 

Dubai Financial Market Board Of Directors' Meeting Monday 27 October 2014

Date 22/10/2014

The Board of Directors' of Dubai Financial Market PJSC will hold a Board of Directors meeting on Monday 27 October 2014, at 2:00 PM at Borse Dubai to discuss the financial performance of the company and approve the Review report and condensed consolidated interim financial information for the nine month period ended 30 September 2014. At the meeting the Board will also discuss the normal bus.iness activities and any business issues as arise.