News Centre

DTCC Testifies In Support Of Legislation To Ensure Continued Market Transparency And Global Data Sharing - Indemnification Provisions Could Fragment OTC Derivatives Market Data

Date 11/04/2013

The Depository Trust & Clearing Corporation (DTCC) today expressed continued support for legislation that would resolve issues surrounding the indemnification provisions and confidentiality requirements of the Dodd-Frank Act.

MIAX Options Exchange Penny Pilot Classes For Option Classes to Start Trading On April 17 through April 19, 2013

Date 11/04/2013

MIAX Regulatory Circular 2013-21 identifies options classes, including any related Mini Options, to start trading on April 17, 2013 through April 19, 2013, and, as set forth in Rule 510.01, will be included in the MIAX Penny Pilot Program.

CFTC Grants Order To ICE Clear Europe Permitting Portfolio Margining Of Swaps And Security-Based Swaps In A Cleared Swaps Customer Account

Date 11/04/2013

The Commodity Futures Trading Commission issued an order granting a request made by ICE Clear Europe Limited (ICEU), a Commission-registered derivatives clearing organization (DCO), pursuant to Section 4d(f) of the Commodity Exchange Act (Act). The order sets forth terms and conditions under which ICEU and its clearing members that are dually registered as futures commission merchants and broker-dealers may (1) hold credit default swaps (CDS) and security-based CDS in a cleared swaps customer account subject to Section 4d(f) of the Act; and (2) portfolio margin such CDS and security-based CDS held in the cleared swaps customer account.

Written Testimony Of US Treasury Secretary Jacob J. Lew Before The House Ways And Means Committee On The President’s Budget For Fiscal Year 2014

Date 11/04/2013

Chairman Camp, Ranking Member Levin, and members of the committee, thank you for the opportunity to appear before you today to discuss the President’s Fiscal Year 2014 Budget.

CFTC Vacates Kansas City Board Of Trade Clearing Corporation’s Registration As A Derivatives Clearing Organization

Date 11/04/2013

At the request of the Kansas City Board of Trade Clearing Corporation (KCBTCC), the Commodity Futures Trading Commission (Commission) has issued an Order, pursuant to Section 7 of the Commodity Exchange Act, vacating the registration of KCBTCC as a derivatives clearing organization, to be effective on the later of April 16, 2013, or one day after the successful transfer of open interest to the Chicago Mercantile Exchange Inc. (CME).

SEC Names Jennifer Marietta-Westberg As Deputy Director Of The Division Of Risk, Strategy, And Financial Innovation

Date 11/04/2013

The Securities and Exchange Commission today announced that Jennifer Marietta-Westberg has been named Deputy Director of its Division of Risk, Strategy, and Financial Innovation (RSFI).

CFTC Chairman Gary Gensler And Commissioner Scott O’Malia To Testify Before The U.S. House Of Representatives Committee On Appropriations, Subcommittee On Agriculture, Rural Development, Food And Drug Administration, And Related Agencies

Date 11/04/2013

SEC Charges Former KPMG Partner And Friend With Insider Trading

Date 11/04/2013

The Securities and Exchange Commission today charged the former partner in charge of KPMG's Pacific Southwest audit practice and his friend with insider trading on nonpublic information about firm clients.

World Economic and Financial Surveys – IMF Global Financial Stability Report, Old Risks, New Challenges, April 2013

Date 11/04/2013

Contents

Chapter 2. A New Look at the Role of Sovereign Credit Default Swaps

Remarks At The 2013 National Compliance Outreach Program For Broker-Dealers By SEC Commissioner Daniel M. Gallagher

Date 11/04/2013

Thank you, Carlo [di Florio], for the kind introduction. As most of you know, Carlo has done an amazing job as the head of OCIE for the last several years. He came to public service at a tough time for the SEC, and his contributions to the agency have been outstanding. Carlo doesn’t allow sacred cows — he evaluates every situation methodically and coolly, and then endeavors to find the right answer, not necessarily the convenient one. Carlo has become a good friend and valued colleague to me over the years, and you will be hard pressed to find another public servant who works as hard as him yet can do it with a sincere smile.