News Centre

SEC Announces Charges Against Honolulu Woman Defrauding Investors Through Social Media

Date 08/04/2014

The Securities and Exchange Commission today announced fraud charges against a Honolulu woman posing as an investment banker and soliciting investors through Twitter, Facebook, and other social media.

SEC Charges Las Vegas-Based Transfer Agent With Disclosure Failures In Registration Forms

Date 08/04/2014

The Securities and Exchange Commission today announced enforcement actions against two leaders at a Las Vegas-based transfer agent firm who were responsible for disclosure failures in registration forms filed with the SEC.

OCC Chief Counsel Testifies On Community Banks

Date 08/04/2014

The Office of the Comptroller of the Currency’s Chief Counsel Amy Friend discussed efforts to minimize the regulatory burden facing community banks and savings associations while maintaining safety and soundness of the federal banking system during her testimony before the U.S. House of Representatives’ Financial Services Committee today.

FINRA Launches Retrospective Rule Review - First Round Addresses Rules On Communications With The Public And Gifts And Gratuities

Date 08/04/2014

The Financial Industry Regulatory Authority (FINRA) issued two new Regulatory Notices as part of an initiative to conduct retrospective rule reviews on an ongoing basis. Regulatory Notice 14-14 requests comment on the effectiveness and efficiency of FINRA's communications with the public rules, while Regulatory Notice 14-15 requests comment on gifts, gratuities and non-cash compensation rules. FINRA's retrospective rule reviews are designed to ensure that FINRA's rules remain relevant and appropriately designed to achieve their objectives.

CBOE Statement On Today's Court Ruling In Favor Of CBOE In ISE Patent Litigation

Date 08/04/2014

The Chicago Board Options Exchange, Incorporated® (CBOE®) announced today the United States Court of Appeals for the Federal Circuit ruled in its favor in a seven-year-old patent litigation with the International Securities Exchange (ISE), in which ISE claimed that CBOE's Hybrid system infringed ISE's patent for an automated exchange.

ISE Lists Additional 650 Products

Date 08/04/2014

ISE announced today that it has successfully completed the rollout of 650 additional equity options products on the exchange. With the addition of these symbols, ISE now lists equity options covering more than 99% of average daily volume for multiply-listed products.

Remarks Before The North American Securities Administrators Association 2014 Public Policy Conference, SEC Commissioner Kara M. Stein, April 8, 2014

Date 08/04/2014

Thank you Andrea, for that kind introduction. And my thanks to NASAA for inviting me to be here with you today. Before I begin, I need to remind you that the views I am expressing today are my own and do not necessarily reflect the views of the Commission, my fellow Commissioners, or the staff of the Commission.

FTSE TMX Global Debt Capital Markets Acquires MTS’ Indices Business

Date 08/04/2014

• Expands FTSE TMX Global Debt Capital Markets’ offering in fixed income
• MTS is a leading provider of benchmark indices for European fixed income
• Broadens FTSE TMX Global Debt Capital Markets’ complementary product portfolio
• Client demand for fixed income indices continues to grow rapidly

SEC, Criminal Authorities Halt Florida-Based Ponzi Scheme Targeting Investors Through YouTube Videos

Date 08/04/2014

The Securities and Exchange Commission today announced fraud charges and an asset freeze against the operators of a South Florida-based Ponzi scheme targeting investors through YouTube videos and selling them investments in a product called virtual concierge machines (VCMs) that would purportedly generate guaranteed returns of 300 to 500 percent in four years.

U.S.A. Attorney General Eric Holder Testifies Before The U.S. House Committee On The Judiciary - Contending With New And Emerging Technology, Including Virtual Currencies Such As Bitcoin

Date 08/04/2014

Chairman [Bob] Goodlatte, Ranking Member [John] Conyers, and Members of the Committee: thank you for the opportunity to appear before you today to discuss the recent achievements of the U.S. Department of Justice; to join you in advancing our ongoing priorities; and to stress, on behalf of my hardworking colleagues in Department offices around the world, our continued commitment to the cause of justice and the missions we share: securing our nation and protecting the American people.