News Centre

SEC Announces Fraud Charges Against Coal Company And CEO For False Disclosures About Management

Date 27/03/2014

The Securities and Exchange Commission today announced fraud charges against a Seattle-headquartered coal company and its founder for making false disclosures about who was running the company.

CFTC Staff Issues An Extension Of Time-Limited No-Action Relief To LCH.Clearnet

Date 27/03/2014

The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Clearing and Risk (DCR) today issued an extension of time-limited no-action relief to LCH.Clearnet Limited (LCH), a derivatives clearing organization (DCO) registered under Section 5b of the Commodity Exchange Act.

Remarks At The 26th Annual Corporate Law Institute, Tulane University Law School: Federal Preemption Of State Corporate Governance - SEC Commissioner Daniel M. Gallagher, New Orleans, LA, March 27, 2014

Date 27/03/2014

Thank you, David [Katz], for that kind introduction.  I’m very pleased to be here with you this afternoon.

To begin, I’ll provide the standard disclaimer that my remarks today are my own and do not necessarily reflect the views of the Commission or my fellow Commissioners.

DTCC Survey Reveals Firms Committing Increased Resources To Systemic Risk Activities While Concerns About Near-Term Major Market Event Decrease - DTCC Annual Systemic Risk Barometer Measures Levels Of Concern About Systemic Risk In Financial Services Industry

Date 27/03/2014

Despite an apparent ease in fears of a systemic risk event happening in the next 12 months, a recent survey conducted by The Depository Trust & Clearing Corporation (DTCC) revealed that a vast majority of financial firms have increased spending on systemic risk mitigation.

European Investor Demand For US Options Remains Strong - New TABB Group Research Shows Competitive Market Structure, Deep Liquidity And Ease Of Access Drive Use - Growth Seen In Premium, Directional And Volatility Strategies

Date 27/03/2014

European investors have continued as active participants in US-listed equity options markets with directional and volatility strategies seeing significant growth in 2013. 

OCC Reports On Mortgage Performance For Fourth Quarter Of 2013

Date 27/03/2014

The performance of first-lien mortgages serviced by large national and federal savings banks continued to improve in the fourth quarter of 2013, according to a report released today by the Office of the Comptroller of the Currency (OCC).

European Demand For U.S. Options Continues To Be Strong With Usage Growing More Diversified, New Study Finds

Date 27/03/2014

The Options Industry Council (OIC) today presented the results of the study, “Shifting Demand in a Changing Market Landscape,” conducted by TABB Group and commissioned by OIC. The study found European investors continue to be interested in using U.S. options while becoming more sophisticated, shown by an expansion in the use of directional and volatility strategies. There is also a greater use of sector ETFs and options on single stocks.

EBA Publishes Guidelines On The Applicable Notional Discount Rate For Variable Remuneration

Date 27/03/2014

The European Banking Authority (EBA) published today its final Guidelines for the calculation of the discount rate for variable remuneration and clarifying how it should be applied. These Guidelines will support EU Member States in the calculation of the ratio between the variable and fixed component of total remuneration and refer to services or performances provided from 2014 onwards.

NGX Charity Trading Day Raises $275,000 To Fight Cancer

Date 27/03/2014

NGX, a wholly-owned subsidiary of TMX Group Limited, today announced the results of the NGX Charity Trading Day held on March 14, 2014. Jim Oosterbaan, President, NGX and Tom Kloet, CEO, TMX Group presented a cheque for $275,000, representing proceeds from the day's transactions, to Calgary's Tom Baker Cancer Centre in memory of Gary Gault.

G. H. Financials Joins DME As Clearing Member

Date 27/03/2014

G. H. Financials has today become a Clearing Member of DME, the Middle East’s premier international energy futures and commodities exchange.