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  • SEC Approves Amendments To The Arbitration Codes To Expand Arbitrators’ Authority To Make Referrals During An Arbitration Proceeding - Effective Date: October 27, 2014

    Date 17/10/2014

    Executive Summary

    The Customer and Industry Codes (Codes) permit arbitrators to refer to FINRA for disciplinary investigation any matter that has come to the arbitrator’s attention during and in connection with the arbitration at the conclusion of the proceedings. The SEC approved amendments to the Codes to permit arbitrators to make a referral, during an arbitration, of any matter or conduct that has come to the arbitrator’s attention during a hearing, which the arbitrator has reason to believe poses a serious threat, whether ongoing or imminent, that is likely to harm investors unless immediate action is taken.

     

  • Walt Lukken Congratulates FIA Member R.J. O’Brien On Centennial

    Date 17/10/2014

    Walt Lukken, President and CEO of FIA, released the following statement today congratulating FIA member firm R.J. O’Brien & Associates LLC on its 100th anniversary. R.J. O’Brien began as a small butter and egg merchant run by John McCarthy, and grew to a global presence with 500 employees, more than 100,000 client accounts and more than $4 billion in customer assets. Gerry Corcoran, Chairman and CEO of R.J. O’Brien, has been a member of the FIA board since March 2008, and was elected to serve as Chairman of FIA this July.

  • CFTC Commitments Of Traders Reports Update

    Date 17/10/2014

    The current reports for the week of October 14, 2014 are now available.

  • R.J. O’Brien & Associates Turns 100 On Oct. 17 - Last Surviving Founding CME Member Recognized With Award Ceremony

    Date 17/10/2014

    Chicago-based R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, turned 100 years old today. Celebrating the milestone at CME Group this morning, RJO was recognized as the exchange’s last surviving founding member firm with an award ceremony overlooking the agricultural trading floor.

  • OCC Bulletin: Liquidity Coverage Ratio: Final Rule

    Date 17/10/2014

    Summary

    On September 3, 2014, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Federal Reserve Board), and the Federal Deposit Insurance Corporation (collectively, the agencies) issued a final rule that implements a quantitative liquidity requirement consistent with the liquidity coverage ratio (LCR) established by the Basel Committee on Banking Supervision (BCBS). The final rule is designed to strengthen the liquidity risk management of banks, savings associations, and bank holding companies.