News Centre

CFTC Orders Vision Financial Markets LLC To Pay A $140,000 Civil Monetary Penalty For Failing To Diligently Supervise Its Employees

Date 24/09/2013

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Vision Financial Markets LLC (Vision), a CFTC-registered Futures Commission Merchant (FCM) headquartered in Stamford, Connecticut, for failing to diligently supervise by failing to aggregate a customer’s multiple accounts, failing to use the proper delta, and utilizing a faulty software program in calculating the customer’s net position. The CFTC Order requires Vision to pay a civil monetary penalty of $140,000 and to cease and desist from violating the CFTC’s Regulation 166.3.

Intervention By Cecilia Malmström On The EU-US TFTP Agreement In The European Parliament

Date 24/09/2013

European Central Bank Appoints Oliver Wyman As Consultant For The Comprehensive Assessment Of Supervised Banks

Date 24/09/2013

The European Central Bank (ECB) has appointed Oliver Wyman to support the preparation and implementation of the comprehensive assessment of the significant banks that will be directly supervised by the ECB. 

FTSE Country Classification Annual Review

Date 24/09/2013

This year’s annual FTSE Country Classification Review has been completed by the independent FTSE Country Classification Committee, and their recommended changes have been ratified by the FTSE Policy Group. As a result of the review, all country classifications remain unchanged. Two countries – Morocco and Qatar – have been added to the Watch List for further assessment in the next annual review, and Ukraine has been removed from the Watch List.

Borsa Italiana Acquires Majority Stake In EuroTLX SIM S.p.A.

Date 24/09/2013

• Borsa Italiana acquires 70 per cent of EuroTLX
• Massimo Tononi appointed as Chairman and Pietro Poletto as CEO of the company

Hellenic Exchanges S.A. - Change In The Composition Of The Board Of Directors [Corrected]

Date 24/09/2013

The Board of Directors of Hellenic Exchanges, at its meeting today, elected Mr. Fokion Karavias as new non-executive member, in place of the non-executive member Mr. Konstantinos Vousvounis who resigned. Mr. Karavias is a non-executive member of the Board of Directors at Eurobank Equities, General Manager of Capital Markets & Wealth Management and a Member of the Executive and the Management Committee at Eurobank.

U.S. Federal Regulators Issue Guidance On Reporting Financial Abuse Of Older Adults

Date 24/09/2013

Seven federal regulatory agencies today issued guidance to clarify that the privacy provisions of the Gramm-Leach-Bliley Act generally permit financial institutions to report suspected elder financial abuse to appropriate authorities.

CFTC Orders Florida Company Newbridge Metals, LLC To Pay Over $1.5 Million In Restitution For Illegal, Off-Exchange Precious Metals Transactions

Date 24/09/2013

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Newbridge Metals, LLC, based in Boca Raton, Florida, for engaging in illegal off-exchange precious metals transactions.

MEPs Raise Suspension Of EU-US Bank Data Deal

Date 24/09/2013

MEPs raised the possibility of suspending or even terminating the EU-US Terrorist Finance Tracking Programme (TFTP), during the discussion on Tuesday about the NSA's alleged tapping of the SWIFT company's international bank-transfer data at the Civil Liberties Committee's third hearing on US and EU countries' surveillance schemes.

State Street Investor Confidence Index Falls In September By 3.5 Points To 101.4

Date 24/09/2013

State Street Global Exchange today released the results of the State Street Investor Confidence Index® (ICI) for September 2013.