News Centre

“Not The Boss”: Statement Of CFTC Commissioner Bart Chilton On Cross Border

Date 29/06/2012

I support the proposed cross interpretive guidance and policy statement and exemptive order. These are global interconnected markets and we need to work with our colleagues around the planet to ensure that we have, to the greatest extent practical, harmonized rules, regulations, surveillance and enforcement. The recent Barclays matter, the JPMorgan loss and many other illustrations make the case for this far better than anything else. As they say in the detective programs: These are real cases with real victims.

Federal Reserve Board And Federal Deposit Insurance Corporation Announce Process For Receiving And Evaluating Initial Resolution Plans, Also Known As Living Wills

Date 29/06/2012

The Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board on Friday announced the process for receiving and evaluating the initial resolution plans--also known as living wills--from the largest banking organizations operating in the United States.

TOM MTF Statistics Week 26 2012

Date 29/06/2012

Click here to download the weekly statistics update of TOM MTF for week 26 - 2012. 

Statement of Support - CFTC Chairman Gary Gensler - Compliance For Foreign Swap Dealers

Date 29/06/2012

Phased Compliance

I support the proposed release on phased compliance for foreign swap dealers. The release provides phased compliance for foreign swap dealers (including overseas affiliates of U.S. swap dealers) of certain requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).

SIFMA And A Coalition Of Trade Associations Express Strong Objection To CA Municipalities’ Consideration Of Mortgage Seizures

Date 29/06/2012

SIFMA, along with the American Bankers Association, American Council of Life Insurers, American Land Title Association, American Securitization Forum, Association of Mortgage Investors, California Bankers Association, California Land Title Association, California Mortgage Bankers Association, Community Mortgage Banking Project, Consumer Mortgage Coalition, Inland Valleys Association of REALTORS, Investment Company Institute, Mortgage Bankers Association, National Association of Home Builders, Residential Servicing Coalition, The Financial Services Roundtable, and The Housing Policy Council of the Financial Services Roundtable, today announced it has submitted a letter to the city governments of Fontana, CA and Ontario, CA, and the county of San Bernardino, CA, expressing strong objection to the municipalities’ Joint Powers Agreement that contemplates the implementation of a so-called “Homeownership Protection Plan.” The Associations are very concerned that the municipalities’ proposed use of eminent domain to seize mortgage loans raises very serious legal and constitutional issues and would likely significantly reduce access to credit for mortgage borrowers in the Fontana, Ontario, and San Bernardino areas and other areas that undertake similar actions. 

UK's Financial Services Authority To Adjust Bank Liquidity Guidance In Light Of Improved Bank Of England Facilities

Date 29/06/2012

The FSA emphasises that its liquidity guidance regime means that liquid asset buffers can be drawn down in the event of liquidity stress and used for the duration of the period of stress.

Oslo Børs To Reduce Opening Hours

Date 29/06/2012

Oslo Børs will from 6 August reduce the opening hours for trading equities and derivatives with one hour, and close at 16:30 CET. The measure is done to improve quality and liquidity throughout the trading day and at the same time strengthen the strongest Nordic market for capital issues by allowing more time for fundraising after exchange opening hours.

Athens Exchange Market Operations Committee Decision

Date 29/06/2012

The  Market Operations Committee  of ATHEX, during today's session, approved the application of price fluctuation limits of ±10%, for  July 2012,  for the low turnover velocity Stocks of the ATHEX Main Market (monthly average velocity of last month less or equal to 0.01%) presented in Table 1, according to the ATHEX Board Decision 22.

Pension Funds As Owners And Investors: A Voice For Working Families By SEC Commissioner Luis A. Aguilar

Date 29/06/2012

Thank you very much for that kind introduction. It is an honor to be here with you, at the National Association of Public Pension Attorneys’ 25^th Anniversary Legal Education Conference. Thank you for the work you do to help ensure retirement security for the millions of American workers who rely on public pension plans. Before I begin, let me issue the standard disclaimer that these remarks are my own, and do not necessarily reflect the views of the Securities and Exchange Commission, my fellow Commissioners, or the Commission’s staff.

NYSE Liffe U.S. Celebrates First Year As The Home Of Mini MSCI Futures - Volume Up 75% And Open Interest Up 175% - Offers Exposure To Growth Of Emerging Markets, Which Represent 50% Of Global GDP Growth - Offers Access To MSCI EAFE With $1.3 Trillion Currently Benchmarked Globally

Date 29/06/2012

NYSE Liffe U.S., the innovative U.S. futures exchange of NYSE Euronext (NYX)  today celebrates the one-year anniversary as the sole U.S. futures exchange  trading contracts based on MSCI indices by announcing key performance and  customer adoption metrics.  These metrics demonstrate that mini MSCI futures on  NYSE Liffe U.S. have experienced significant growth in volume and open interest  over the past year, particularly in the contracts based on the benchmark MSCI  Emerging Markets and MSCI EAFE indices.  They also reflect growing interest in  global investing, especially in emerging markets, and improved liquidity in the  contracts.