News Centre

SEC Adopts Amendments To Codify Exemption To Credit Rating Agency Rule

Date 07/08/2019

The Securities and Exchange Commission today announced that it has voted to adopt rule amendments codifying an existing exemption for credit rating agencies registered with the Commission as nationally recognized statistical rating organizations (NRSROs). 

MiFID II: ESMA Issues Latest Double Volume Cap Data

Date 07/08/2019

The European Securities and Markets Authority (ESMA) has updated today its public register with the latest set of double volume cap (DVC) data under the Markets in Financial Instruments Directive (MiFID II).

Itiviti Appoints Peter van Tiggelen As EVP, Head Of Finance Office (CFO)

Date 07/08/2019

Itiviti, a leading technology and service provider to financial institutions worldwide, today announced the appointment of Peter van Tiggelen as EVP, Head of Finance Office (CFO).

B3 Included In The FTSE4Good Emerging Latin America Sustainability Index For The Third Consecutive Year

Date 07/08/2019

B3 has been included for the third consecutive year in the FTSE4Good Emerging Latin America index, which evaluates the companies’ performance with regard to their environmental, social and governance (ESG) policies and practices.

OCC Blog: How OCC Uses Low Code To Transform Its Business Processes, By Adeel Javed, OCC Manager Of Enterprise Technology Solutions, August 6, 2019

Date 07/08/2019

OCC, the world's largest equity derivatives clearing organization, clears approximately 19 million options and futures contracts a day. As you might imagine, this involves a lot of moving parts; heightened regulatory expectations in OCC's role as a Systemically Important Financial Market Utility require the need for accuracy.

Statement On Retirement Of Lynnette Kelly, SEC Chairman Jay Clayton, Aug. 7, 2019

Date 07/08/2019

Yesterday, the Municipal Securities Rulemaking Board (MSRB) announced that Lynnette Kelly, President and CEO, will be retiring. Lynnette has been an effective leader at the MSRB for over a decade, and has overseen numerous important initiatives for the benefit of our markets and our investors. Lynnette has also been a valued partner to the Commission in our investor protection mission and has been particularly cognizant of the fact that the majority of municipal securities are held, either directly or indirectly, by our Main Street investors.

CFTC Chairman Tarbert Announces Additional Executive Leadership Appointments, Directors Of Legislative And Intergovernmental Affairs And International Affairs To Join The Agency

Date 07/08/2019

U.S. Commodity Futures Trading Commission Chairman Heath P. Tarbert today announced the following appointments to the CFTC’s executive leadership team:

• Summer K. Mersinger will serve as Director of the Office of Legislative and Intergovernmental Affairs
• Suyash G. Paliwal will serve as Director of the Office of International Affairs

Statement On Retirement Of Lynnette Kelly, Rebecca Olsen, Director, SEC Office Of Municipal Securities

Date 07/08/2019

Yesterday, the Municipal Securities Rulemaking Board (MSRB) announced the Lynnette Kelly, President and CEO, will be retiring. It has been a pleasure working with Lynnette during my time at the SEC. At the MSRB, Lynnette has been a true leader in the municipal securities market establishing the first centralized repository for municipal securities disclosure – the MSRB’s EMMA system – in addition to the core municipal advisor conduct rules, the best execution and mark-up disclosure rules, and so much more. I wish Lynnette all the best, and know that the MSRB is well-positioned for future success thanks to her dedicated leadership.

UK Financial Conduct Authority: 5 Million Pension Savers Could Put Their Retirement Savings At Risk To Scammers

Date 07/08/2019

• New figures show cold calls, exotic investments and early access to cash among most persuasive tactics used by fraudsters
• Those who consider themselves financially savvy are just as likely to be persuaded
• FCA and TPR join forces to warn pension savers as part of latest ScamSmart campaign

Canadian Defined Benefit Pension Plans Post Modest Gains In Q2 2019: RBC Investor & Treasury Services - Returns For The First Six Months Of 2019 Sit At 10.2 Per Cent

Date 07/08/2019

Canadian defined benefit pension plans returned 2.7 per cent in Q2 2019, down from Q1 2019 returns of 7.2 per cent, according to the RBC Investor & Treasury Services All Plan Universe. Q2 2019 return metrics calculated in the RBC Investor & Treasury Services All Plan Universe were down quarter-over-quarter, however, six-month returns sit at 10.2 per cent.