News Centre

Statement On SEC Enforcement Action Against JPMorgan - By SEC Co-Director Of Enforcement George Canellos

Date 19/09/2013

Today we are announcing that JPMorgan Chase & Co. has agreed to admit wrongdoing and pay a $200 million penalty for its conduct in connection with the trading losses suffered by JPMorgan’s chief investment office (CIO) in 2012. 

JPMorgan Chase Reaches Settlements With SEC, FCA, OCC And Federal Reserve On CIO Trading Matter

Date 19/09/2013

JPMorgan Chase & Co. today announced that it has entered into settlements with the Securities and Exchange Commission, the U.K. Financial Conduct Authority, the Board of Governors of the Federal Reserve System, and the Office of the Comptroller of the Currency regarding the firm's Chief Investment Office trading incident and its aftermath. Total penalties in the amount of approximately $920 million will be paid to resolve these investigations.

Ipreo To Include FactSet Workstation In Corporate Services Suiten - New Partnership Will Deliver Premium Content And Workflow Solutions To The Global Corporate Market

Date 19/09/2013

Ipreo, a leading global provider of market intelligence, investor data and workflow solutions to corporate and capital markets professionals, announced that it has entered into a new partnership with FactSet Research Systems Inc. to offer the FactSet workstation and FactSet for Microsoft Excel as part of Ipreo's global suite of products and services for the corporate market.

UK's Financial Conduct Authority Fines JPMorgan Chase Bank N.A. £137,610,000 For Serious Failings Relating To Its Chief Investment Office’s “London Whale” Trades

Date 19/09/2013

The Financial Conduct Authority (FCA) has fined JPMorgan Chase Bank N.A. (“JPMorgan”) £137,610,000 ($220 million) for serious failings related to its Chief Investment Office (CIO). JPMorgan’s conduct demonstrated flaws permeating all levels of the firm: from portfolio level right up to senior management, resulting in breaches of Principles 2, 3, 5 and 11 of the FCA’s Principles for Businesses - the fundamental obligations firms have under the regulatory system.

NYSE Euronext Launches The NYSE® Diversified High Income Index - New Multi-Asset, Low-Volatility Index Of High Dividend-Paying Securities

Date 19/09/2013

NYSE Euronext today announced the launch of the NYSE® Diversified High      Income Index (NYDVHI), a new index designed to measure the performance      of a broad, diversified basket of 138 publicly-traded securities that      provide exposure to multiple asset classes, sectors and segments that      historically pay high dividends or distributions.

Federal Reserve Board: JPMorgan Chase & Co. To Pay $200 Million For Oversight, Management, And Controls Deficiencies

Date 19/09/2013

The Federal Reserve Board on Thursday announced that JPMorgan Chase & Co., New York, New York (JPMC), a registered bank holding company, will pay a $200 million penalty for deficiencies in the bank holding company's oversight, management, and controls governing its Chief Investment Office (CIO).

EEX: New Open Interest Record On The Phelix Futures Market - 600 TWh Level Exceeded For The First Time – New Volume Record

Date 19/09/2013

On the market for Phelix Futures, which is the benchmark product of the European Energy Exchange (EEX) in the European power market, the Open Interest surpassed the level of 600 TWh for the first time ever, amounting to 604,617,282 MWh on 17 September 2013. The Open Interest constitutes the sum of all open positions in future contracts at a given point of time and is considered an indicator for the liquidity and safety of a market. The previous record for Open Interest was established on 28 October 2011 (588,520,775 MWh).

Remarks Of CFTC Chairman Gary Gensler Before The ISDA European Conference

Date 19/09/2013

Thank you, Bob, for that introduction. I would also like to thank the International Swaps and Derivatives Association (ISDA) for the invitation to speak at this annual European conference.

Speech By Martin Wheatley, Chief Executive, The FCA, At The International Swaps And Derivatives Association (ISDA) Conference, London

Date 19/09/2013

The Future Comes into Focus as a theme for today’s conference is a good one I think – for two reasons.

First, because it encourages us to look forward, which is clearly important.

Second, because a lot of the heavy lifting – the general reshaping of the international derivatives market – is now behind us, with the ink long dry on the pledges made in Pittsburgh.

World Economic Forum New Report: Bringing Impact Investing From The Margins To The Mainstream

Date 19/09/2013

World Economic Forum report highlights the potential of impact investing to generate market returns while addressing key social and environmental challenges