News Centre

CFTC Chairman Tarbert To Keynote FIA Expo 2019

Date 24/10/2019

An Examination Of Facebook And Its Impact On The Financial Services And Housing Sectors - With Webcast Recording

Date 24/10/2019

The Committee on Financial Services held a hearing at 10:00 a.m. on Wednesday, October 23, 2019, in Room 2128, Rayburn House Office Building entitled, “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors.” This was a one-panel hearing with the following witness:

• Mark Zuckerberg, Chairman and Chief Executive Officer, Facebook

FINRA Fines BNP Paribas Securities Corp. And BNP Paribas Prime Brokerage, Inc. $15 Million For AML Program And Supervisory Failures

Date 24/10/2019

FINRA announced today that it has fined BNP Paribas Securities Corp. and BNP Paribas Prime Brokerage, Inc. (collectively, BNP) $15 million for anti-money laundering (AML) program and supervisory failures involving penny stock deposits and resales, and wire transfers, that spanned four years. As part of the settlement, FINRA also required BNP to certify within 90 days that BNP’s procedures are reasonably designed to achieve compliance in these areas.

SIFMA, BPI And ABA Provide Recommendations To NIST On Draft Privacy Framework

Date 24/10/2019

Today, BPI, through its technology policy division known as ‘BITS’, along with the American Bankers Association (ABA) and the Securities Industry and Financial Markets Association (SIFMA), submitted a comment letter to the U.S. Department of Commerce regarding the National Institute of Standards and Technology’s (NIST) preliminary draft of the Privacy Framework. The Privacy Framework is a voluntary tool designed to help organizations of all sizes identify and assess privacy risk and implement solutions to better protect consumers.

Federal Reserve Board Announces New Members Of Community Advisory Council

Date 24/10/2019

The Federal Reserve Board on Thursday announced four new members of its Community Advisory Council (CAC). The new members will serve three-year terms beginning in 2020.

Remarks Of CFTC Chairman Heath P. Tarbert At FinTech Forward 2019: Exploring The Unwritten Future

Date 24/10/2019

Good morning everyone, and thank you, Brian, for the introduction. It’s my pleasure to welcome all of you to the CFTC’s second annual Fintech Forward conference.  After last year’s success, we’re excited for this to be a recurring event that brings innovators and regulators together.

Canadian Securities Regulators Announce Review Of Automatic Securities Disposition Plans

Date 24/10/2019

The Canadian Securities Administrators (CSA) today announced that it is undertaking a review of Automatic Securities Disposition Plans (ASDPs). ASDPs enable insiders to make preplanned sales of securities of an issuer through an arms-length administrator, according to a predetermined set of instructions.

Winners Emerge In Nigerian Stock Exchange Inaugural Hackathon

Date 24/10/2019

The Nigerian Stock Exchange (“NSE” or “The Exchange”) is pleased to announce the winners of its maiden edition of X-Kathon after a thorough review of entries received for the competition on Thursday, October 24, 2019. X-Kathon is NSE’s first Hackathon designed to encourage Tech enthusiasts to develop innovative Fintech solution to drive up millennials participation in the capital market.

IPC Strikes Strategic Partnership With Trusted Data Solutions - Providing Solutions For Global Compliant Access, Management And Transformation Of Voice And Electronic Data

Date 24/10/2019

IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, today announced a strategic partnership with Trusted Data Solutions (TDS), an expert in mobile voice recording solutions, compliance, data management and transformation services. This strategic partnership enables IPC customers to access and manage legacy and real-time voice-related data in a single unified solution.   

CFTC Chairman Tarbert Announces Elevation of LabCFTC - Artificial Intelligence Primer Released by LabCFTC At Annual Fintech Conference

Date 24/10/2019

At the U.S. Commodity Futures Trading Commission’s Fintech Forward conference today, Chairman Heath P. Tarbert announced LabCFTC will become an independent operating office of the CFTC, reporting directly to the Chairman.