News Centre

Scarlet Letters: Remarks Before The American Enterprise Institute, SEC Commissioner Hester M. Peirce , Washington D.C., June 18, 2019

Date 21/06/2019

Thank you, Ben [Zycher]. I will begin with the standard disclaimer. My remarks represent my views and not necessarily those of the Commission or my fellow Commissioners.

Nigerian Stock Exchange Weekly Market Report For June 21st 2019

Date 21/06/2019

A total turnover of 7.476 billion shares worth N91.107 billion in 17,192 deals were traded this week by investors on the floor of the ExchanA total turnover of 7.476 billion shares worth N91.107 billion in 17,192 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 868.739 million shares valued at N15.792 billion that exchanged hands last week in 12,201 deals. ge in contrast to a total of 868.739 million shares valued at N15.792 billion that exchanged hands last week in 12,201 deals. 

Ontario Securities Commission And Member Of Provincial Parliament For Nipissing Highlight Importance Of Financial Literacy During Ontario Seniors Month

Date 21/06/2019

Vic Fedeli, Member of Provincial Parliament (MPP) for Nipissing, today joined the Ontario Securities Commission (OSC) and North Bay community partners at an ‘OSC in the Community’ seminar in North Bay, to provide local seniors with information on avoiding fraud and making informed investing decisions. Fedeli discussed the importance of financial literacy and praised the OSC for visiting Ontario communities to speak to everyday investors about how to protect their money.

SIFMA Statement On SEC’s Adoption Of Capital, Margin And Segregation Requirements For Security-Based Swap Dealers

Date 21/06/2019

SIFMA today issued the following statement from Kenneth E. Bentsen, Jr., SIFMA President and CEO, on the SEC’s adoption of capital, margin, and segregation requirements for security-based swap dealers and major security-based swap participants:

“SIFMA appreciates the Securities and Exchange Commission taking this important step towards finalizing its capital, margin and segregation requirements for non-bank securities-based swap dealers and broker-dealers, which are critically important to both dealers and their clients.  SIFMA looks forward to working with the Commission on these requirements, the remaining Title VII rulemaking, and implementation of its securities-based swap regulatory framework.”

EBA Publishes An Opinion On The Elements Of Strong Customer Authentication Under PSD2

Date 21/06/2019

The European Banking Authority (EBA) published today an Opinion on the elements of strong customer authentication (SCA) under the revised Payment Services Directive (PSD2). The Opinion is a response to continued queries from market actors as to which authentication approaches the EBA considers to be compliant with SCA. The Opinion also addresses concerns about the preparedness and compliance of some actors in the payments chain with the SCA requirements that apply as of 14 September 2019.

Fed Listens In Cincinnati: How Does Monetary Policy Affect Your Community? Governor Lael Brainard, At Policy Summit 2019: Connecting People And Places To Opportunity, Federal Reserve Bank Of Cleveland, Cincinnati, Ohio

Date 21/06/2019

It is good to be here in Cincinnati. I want to thank my colleague, Loretta Mester, for inviting me to participate today, and it is a pleasure to participate in the Federal Reserve Bank of Cleveland's Policy Summit.

MiFID II: ESMA Makes Available Updated Results Of The Annual Transparency Calculations For Equity And Equity-Like Instruments

Date 21/06/2019

The European Securities and Markets Authority (ESMA) has today made available updated results of the annual transparency calculations for equity and equity-like instruments.

Statement On The Adoption Of Capital, Margin, And Segregation Requirements For Security-Based Swap Dealers And Major Security-Based Swap Participants, SEC Commissioner Hester M. Peirce, June 21, 2019

Date 21/06/2019

The Commission has adopted final rules governing the capital, margin, and segregation requirements applicable to security-based swap dealers (SBSDs) and major security-based swap participants under Title VII of the Dodd-Frank Act.[1] Completion of this rulemaking represents a significant milestone in the Commission’s implementation of its regulatory framework for security-based swaps. I am grateful for Chairman Clayton’s leadership in moving forward on these rulemakings in a way that is both expeditious and prudent. He has facilitated dialogue both within the Commission and with our colleagues at the CFTC that has been frank and productive, and the results of that dialogue are, I think, clear in these final rules.

CFTC Chairman Giancarlo Congratulates SEC On Adopting Final Rules Establishing Capital Requirements For Security-Based Swap Dealers And Margin For Uncleared Security-Based Swap Transactions

Date 21/06/2019

Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo today offered his congratulations to the U.S. Securities and Exchange Commission (SEC) on the adoption of final rules imposing capital and segregation requirements for security-based swap dealers and margin rules for uncleared security-based swap transactions.

SEC Adopts Capital, Margin, And Segregation Requirements For Security-Based Swap Dealers And Major Security-Based Swap Participants And Amends The Capital And Segregation Requirements For Broker-Dealers

Date 21/06/2019

The Securities and Exchange Commission took another significant step toward establishing the regulatory regime for security-based swap dealers today by adopting a package of rules and rule amendments under Title VII of the Dodd-Frank Act.  These and other rules previously adopted by the Commission are designed to enhance the risk mitigation practices of firms that stand at the center of our security-based swap market, thereby protecting their counterparties and reducing risk to the market as a whole.