News Centre

The Expanded Role of Economists In SEC Rulemaking By Craig M. Lewis, Chief Economist And Director, Division Of Risk, Strategy, And Financial Innovation, U.S. Securities & Exchange Commission, SIFMA Compliance & Legal Society Luncheon

Date 17/10/2012

Thank you so much for inviting me here to speak with you. Before I begin my remarks, I must make clear that the views I express today are mine alone and do not necessarily reflect the views of the Commission or of my colleagues on the Commission Staff.

FIF Capacity Statistics For September 2012

Date 17/10/2012

Four New Record Peaks: NASDAQ UQDF, BATS Options MCASTPITCH AGG, NYSE ArcaBook Options and Direct Edge EDGX

Protecting Our Economy Demands Adequate Capital And Margin Requirements For Security-Based Swaps By SEC Commissioner Luis A. Aguilar

Date 17/10/2012

One of the most important goals of Title VII of the Dodd-Frank Act is to reduce the risks posed by large, uncollateralized derivatives positions — not just the risks to the players in the market, but also the risks to the entire financial system, the broader economy, investors, taxpayers, and working men and women. To appreciate the significance of these rules, we only need to remember the desperate effort, and massive taxpayer support, required in 2008 to prevent insurance giant AIG’s huge exposure to credit default swaps from destroying that firm virtually overnight, imposing large losses on counterparties across Wall Street, and potentially triggering further panic and failures.

British Bankers’ Association Appoints Sir Nigel Wicks As Chairman

Date 17/10/2012

Sir Nigel Wicks, Chairman of Euroclear, is to be the new chairman of the British Bankers' Association.

SEC Charges Hedge Fund Adviser And Two Executives With Fraud In Continuing Probe Of Suspicious Fund Performance

Date 17/10/2012

The Securities and Exchange Commission today charged a former $1 billion hedge fund advisory firm and two executives with scheming to overvalue assets under management and exaggerate the reported returns of hedge funds they managed in order to hide losses and increase the fees collected from investors.

Futures And Options On Chicago Corn Can Be Traded At ROFEX - Today, Futures And Options On Chicago Corn Began Trading At ROFEX- This New Tool Joins The Chicago Soybean Contract Launched At The End Of 2011

Date 17/10/2012

ROFEX launched today its new futures and options contract on Chicago Corn, whose characteristics and benefits suit the needs of the different investors of the market. 

Opening Statement At The SEC Open Meeting By SEC Chairman Mary L. Schapiro

Date 17/10/2012

Good morning. This is an open meeting of the U.S. Securities and Exchange Commission on Oct. 17, 2012.

Today we will consider proposing new rules that would establish capital, margin, and segregation requirements for security-based swap dealers and major security-based swap participants. We also will consider enhancing the capital requirements for the large broker-dealers that we have approved to use internal models in computing their net capital. 

BME: One Out Of Four Spanish Listed Companies Generate 75% Of Their Sales Abroad - Foreign Sales Compensate Weaknesses Of Domestic Market

Date 17/10/2012

Sales generated by companies listed on the Spanish stock exchange totaled €264 billion in the first half of 2012, up 9.20% on the same period in 2011, according to a report by the Research Department of BME. Sales outside Spain increased 16% to €157.37 billion, representing almost 60% of total sales.

Tel Aviv Stock Exchange: New Industry Classifications: Tech Industries Recategorized

Date 17/10/2012

Bloomberg Vault Deploys Local Cloud Service For Global Data Privacy - Bloomberg Local Vault Removes Geographic Barriers To Cloud Adoption By Meeting Diverse Data Privacy Requirements

Date 17/10/2012

Global firms facing stringent cross-border data privacy laws can now deploy a cloud-based data archiving and compliance solution locally by leveraging Bloomberg's global infrastructure.