News Centre

NYSE MKT Issues Short Interest Report

Date 11/07/2013

NYSE MKT (formerly known as NYSE Amex) today reported short interest as of the close of business on the settlement date of June 28, 2013.

Federal Reserve Governor Daniel K. Tarullo: Dodd-Frank Implementation, Before The Committee On Banking, Housing, And Urban Affairs, U.S. Senate, Washington, D.C.

Date 10/07/2013

Chairman Johnson, Ranking Member Crapo, and other members of the Committee, thank you for the opportunity to testify on the Federal Reserve's activities in mitigating systemic risk and implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act). 

INTL FCStone Modifies Structure Of Proposed Relationship With Cleartrade Exchange Due To Regulatory Environment

Date 10/07/2013

INTL FCStone Inc. (Nasdaq:INTL) today announced that it does not, in the short term, intend to acquire an interest in Cleartrade Exchange (CLTX), the commodity futures exchange headquartered in Singapore.

Federal Reserve Chairman Ben S. Bernanke At The "The First 100 Years Of The Federal Reserve: The Policy Record, Lessons Learned, And Prospects For The Future," A Conference Sponsored By The National Bureau Of Economic Research, Cambridge, Massachusetts - A Century Of U.S. Central Banking: Goals, Frameworks, Accountability

Date 10/07/2013

I'd like to thank the National Bureau of Economic Research for organizing this conference in recognition of the Federal Reserve's centennial, and I'm glad to have the opportunity to participate. In keeping with the spirit of the conference, my remarks today will take a historical perspective. I will leave discussion of current policy to today's question-and-answer session and, of course, to my congressional testimony next week.

SEC Approves JOBS Act Requirement To Lift General Solicitation Ban - Commission Also Adopts Rule To Disqualify Bad Actors From Certain Offerings And Proposes Rules To Enable SEC To Monitor New Market And Bolster Investor Protections

Date 10/07/2013

The Securities and Exchange Commission today adopted a new rule to implement a JOBS Act requirement to lift the ban on general solicitation or general advertising for certain private securities offerings. (Fact Sheet)

Trading Technologies Launches MultiBroker Trading Solution

Date 10/07/2013

Trading Technologies International, Inc. (TT), a global provider of high-performance trading software for derivatives professionals, today announced the production release of its MultiBroker trading solution.

Statement At Open Meeting Regarding Proposed Amendments To Regulation D, Form D And Rule 156 Under The Securities Act By SEC Commissioner Daniel M. Gallagher

Date 10/07/2013

Thank you, Chair White.

I cannot support today’s proposal.

I believe that the proposal, presented under the guise of “investor protection,” would thwart the purposes of the JOBS Act and threatens real harm to the private markets that are so essential to capital formation, particularly for small businesses. 

Some aspects of the proposal might make sense and could result in the Commission gaining useful insights, but in the aggregate – and in particular given the nature and intent of certain questions posed – I believe the proposal would do more harm than good.

The JOBS Act passed in both the Senate & the House of Representatives with overwhelming bipartisan support.  The President both encouraged enactment of the law in his 2012 State of the Union address and praised it in a bipartisan signing ceremony, saying that the law was a “potential game changer” for small businesses. 

U.S. Federal Agencies Issue Proposed Rule To Exempt Subset Of Higher-Priced Mortgage Loans From Appraisal Requirements

Date 10/07/2013

Six federal financial regulatory agencies today issued a proposed rule that would create exemptions from certain appraisal requirements for a subset of higher-priced mortgage loans. The proposed exemptions are intended to save borrowers time and money and to promote the safety and soundness of creditors. The appraisal requirements for higher-priced mortgages were imposed by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). Under the Dodd-Frank Act, mortgage loans are considered to be higher-priced if they are secured by a consumer's home and have interest rates above a certain threshold.

SEC: Opening Remarks Regarding The Adoption Of Rules Eliminating The Prohibition Against General Solicitation, The Adoption Of Rules Regarding Disqualification Of “Bad Actors” From Rule 506 Offerings And The Proposal Of Amendments To Regulation D, Form D And Rule 156

Date 10/07/2013

I too would like to thank the staff who worked tirelessly on these releases. Thanks especially to the staff of the Division of Corporation Finance for your thoughtful consideration of our comments and questions.

Canadian Securities Regulators Release Three-Year Business Plan

Date 10/07/2013

The Canadian Securities Administrators (CSA) yesterday released its Three-Year Business Plan for the period April 1, 2013 through to March 31, 2016.