News Centre

New York Attorney General Eric T. Schneiderman Announces Multi-state Settlement With TD Bank Over Data Breach - 1.4 Million Files From 260,000 Customers Were Compromised, Including Data For 31,407 New York Customers

Date 16/10/2014

Attorney General Eric T. Schneiderman today announced a multi-state settlement with TD Bank, N.A. that resolves an inquiry into a 2012 data breach in which 1.4 million files were compromised. The $850,000 settlement requires the bank to reform its practices to help ensure that future incidents do not occur. New York State will receive $114,106.11 under the settlement.

CBOE Holdings’ Exchanges Set Several Trading Records On October 15

Date 16/10/2014

• SPX Options Volume at CBOE Reaches New All-Time High
• VIX Futures at CFE Sets New Single-Day Record
• C2 Options Exchange Experiences Busiest Day in History

US Treasury Department Releases Semi-Annual Report To Congress On International Economic And Exchange Rate Policies

Date 15/10/2014

The U.S. Department of the Treasury today released the Semi-Annual Report to Congress on International Economic and Exchange Rate Policies, pursuant to Section 3004 and 3005 of the Omnibus Trade and Competitiveness Act of 1988.  The Report covers international economic and foreign exchange developments in the first half of 2014 and, where pertinent and available, data through end-September 2014.

CFTC Swaps Report Update

Date 15/10/2014

CFTC's Weekly Swaps Report has been updated, and is now available.

MIAX Options: Resolution Of Potential MBBO Display Issue For Resting Orders Following An Underlying Halt

Date 15/10/2014

Please be advised that MIAX has resolved the technical issue surrounding the handling of orders remaining on the MIAX Book after a trading halt causing such orders in certain circumstances not to be represented in the MIAX Best Bid and/or Offer.  The resolution will be implemented for trading tomorrow, October 16, 2014.

CFTC Announces Departure Of Clearing And Risk Division Director Ananda Radhakrishnan

Date 15/10/2014

The Commodity Futures Trading Commission (CFTC) today announced that Division of Clearing and Risk (DCR) Director Ananda Radhakrishnan will depart the agency at the middle of November. Mr. Radhakrishnan is a 12-year veteran of the agency, and he has been the Director since DCR was formed in 2011 and previously had been the Director of the Division of Clearing and Intermediary Oversight (DCIO). Chairman Tim Massad also announced today that Phyllis Dietz, currently Deputy Director for Clearing Policy, will be the Acting Director upon Mr. Radhakrishnan’s departure.

CME Group's Risk Ranch Wins Best Children's App Award

Date 15/10/2014

Risk Ranch, the educational children's app developed by CME Group has been awarded the Best Children's App Award byBestMobileAppAwards.com. Since its release earlier this summer, the app has been downloaded by kids and families in 85 countries around the world. Risk Ranch is an exciting agriculture-based learning application for children of all ages.

CFTC Staff Announces Self-Executing Registration No-Action Relief For Delegating CPOs When Certain Requirements Are Met

Date 15/10/2014

The Commodity Futures Trading Commission’s (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) announced today that it is providing self-executing registration no-action relief for certain commodity pool operators (CPOs) who delegate certain activities (Delegating CPOs) to a registered CPO and meet the conditions specified. The relief made available today in CFTC Staff Letter 14-126 replaces the registration no-action position DSIO previously made available in CFTC Staff Letter 14-69.

Canadian Securities Regulators Finalize Rule Amendments Regarding Disclosure Of Women On Boards And In Senior Management

Date 15/10/2014

The securities regulatory authorities in Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Québec and Saskatchewan (“participating jurisdictions”) announced today the final implementation of amendments to National Instrument 58-101 Disclosure of Corporate Governance Practices and Form 58-101F1 Corporate Governance Disclosure. Provided all necessary Ministerial approvals are obtained, these rule amendments will come into effect on December 31, 2014, in time for the 2015 proxy season.

EBA Discloses Probe Into EU Bankers Allowances

Date 15/10/2014

The European Banking Authority (EBA) published today the findings of its investigation regarding discretionary remuneration practices across the EU banking sector. The report shows that some institutions have classified the so-called ‘role-based' allowances in a way that increases the fixed component of remuneration, which may impact on the limitation of the bonus cap. As a result of this analysis, the EBA issued an Opinion to the European Commission and EU competent authorities calling for supervisors to ensure that institutions' remuneration practices on allowances comply with EU legislation.