News Centre

SIFMA Statement On SEC Rule 15c2-11

Date 16/12/2021

SIFMA today issued the following statement, from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on the publication by the SEC today regarding amended Rule 15c2-11 in relation to fixed income securities:

Statement On The PCAOB’s Actions, SEC Chair Gary Gensler, Dec. 16, 2021

Date 16/12/2021

Today, the Public Company Accounting Oversight Board (PCAOB) designated China and Hong Kong as the jurisdictions where the PCAOB is not allowed to conduct full and complete audit inspections. The PCAOB has made these designations as mandated under the Holding Foreign Companies Accountable Act of 2020 (HFCAA). Pursuant to each annual determination by the PCAOB, the SEC will, on an annual basis, identify issuers that have used non-inspected audit firms and thus are at risk of such suspensions in the future.

US Federal Agencies Release Annual Asset-Size Thresholds Under Community Reinvestment Act Regulations

Date 16/12/2021

The Federal Reserve Board and the Federal Deposit Insurance Corporation today announced the 2022 updated asset-size thresholds used to define "small bank" and "intermediate small bank" under their Community Reinvestment Act (CRA) regulations.

Moscow Exchange: Risk Parameters Change For The Security NEM-RM

Date 16/12/2021

As per the Securities market risk parameters methodology, on 16.12.2021, 23-13 (MSK) the upper bound of the price band (up to 4568) and initial margins (up to 21.25 %) for the security NEM-RM were changed. New values are available here

ISDA Publishes New Fallbacks For Additional IBORs

Date 16/12/2021

ISDA has today published a new set of fallbacks for derivatives referenced to certain interbank offered rates (IBORs) not covered by ISDA’s initial fallbacks rollout earlier this year.

The Updated Coefficients For Moscow Exchange Indices To Come Into Force

Date 16/12/2021

The following coefficients for Moscow Exchange indices come into force from December 17, 2021:

SIFMA Statement On Confirmation Of Rostin Behnam To Serve As CFTC Chairman

Date 16/12/2021

SIFMA today released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on the Senate confirmation of Rostin Behnam as Chairman of the Commodity Futures Trading Commission:

“We congratulate Rostin Behnam on his confirmation as Chairman of the CFTC. We look forward to working with Mr. Behnam on issues that enhance and maintain the integrity of our capital markets and wish him success in this role.”

Moscow Exchange: Risk Parameters Change For The Security CAG-RM

Date 16/12/2021

As per the Securities market risk parameters methodology, on 16.12.2021, 22-23 (MSK) the upper bound of the price band (up to 2696) and initial margins (up to 20 %) for the security CAG-RM were changed. New values are available here

Canadian Securities Regulators Modernize Registration Information Requirements, Clarify Outside Activity Reporting And Update Filing Deadlines

Date 16/12/2021

The Canadian Securities Administrators (CSA) today published final amendments to establish a more efficient registration and oversight process for firms, individuals and regulators by simplifying and streamlining certain regulatory requirements. The changes also provide firms and individuals with greater clarity on the information required as part of the registration process, while improving the quality of information received by regulators.

American Financial Exchange® Reaches Record Volume Levels On AMERIBOR® Benchmark, Trading More Than $1.5 Trillion Dollars In Value Since Inception

Date 16/12/2021

The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions, announced a record volume milestone on December 9, reaching $1.5 trillion transacted since its inception in 2015, surpassing the $1 trillion level reached in June 2020.