FTSE Mondo Visione Exchanges Index: 99,809.16 -203.95
News Centre
-
CalPERS Names Arnold B. Phillips Managing Investment Director Of Global Fixed Income
Date 12/07/2019
CalPERS today announced the appointment of Arnold B. Phillips as the managing investment director (MID) of its Global Fixed Income investment program. Phillips had been serving as acting MID since May 2018. The appointment is effective immediately.
-
CFTC Files And Settles Enforcement Actions Against Two Futures Commission Merchants And An Introducing Broker Arising From Unauthorized Trading And Improper Bunched Orders
Date 12/07/2019
The Commodity Futures Trading Commission (CFTC) today announced civil enforcement actions against one former and one current futures commission merchant, as well as an introducing broker and its principals, filing and simultaneously settling charges arising from unauthorized options trading and improper bunched orders, including failure to supervise charges.
-
BISX Lists World Oil System Fund Ltd
Date 12/07/2019
The Bahamas International Securities Exchange (BISX) is pleased to announce that World Oil System Fund Ltd has successfully completed the BISX Mutual Fund Listing Process and has been listed on the Exchange.
-
SEC Charges Securities Lawyer And Microcap Agent With Fraud
Date 12/07/2019
The Securities and Exchange Commission today charged an Arizona-based attorney and a Missouri-based agent of microcap shell companies with securities fraud and registration violations.
-
CFTC Orders ADM Investor Services Inc. To Pay A $250,000 Penalty To Settle Charges That It Failed To Supervise Its Employees
Date 12/07/2019
The Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against ADM Investor Services Inc. (ADMIS), a registered futures commission merchant located in Chicago, Illinois. The Order requires ADMIS to pay a civil monetary penalty of $250,000 and cease and desist from any further violations of the Commodity Exchange Act or CFTC Regulations.
-
Office Of The Comptroller Of The Currency Allows National Banks And Federal Savings Associations Affected By Severe Weather Along The Gulf Coast To Close
Date 12/07/2019
The Office of the Comptroller of the Currency today issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks at their discretion to close offices affected by severe weather along the Gulf Coast.
-
CFTC Orders Dean Katzelis And Shahin Maleki d/b/a Essex Futures To Pay A $500,000 Penalty To Settle Charges Of Unauthorized Options Trading, Failure To Supervise, And Other Violations
Date 12/07/2019
The Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against Dean Katzelis (Katzelis) and Shahin Maleki (Maleki) d/b/a Essex Futures (Essex). Katzelis and Maleki, both residents of California, are ordered to jointly pay a $500,000 civil monetary penaltyand cease and desist from any further violations of the Commodity Exchange Act (CEA) or CFTC Regulations.
-
SEC Staff Publishes Statement Highlighting Risks For Market Participants To Consider As They Transition Away From LIBOR
Date 12/07/2019
The Securities and Exchange Commission today announced that SEC staff have published a statement that encourages market participants to proactively manage their transition away from LIBOR and outlines several potential areas that may warrant increased attention during that time. It is expected that parties reporting information used to set LIBOR will stop doing so after 2021.
-
CFTC Issues Order Finding That Korea Exchange, Inc. Made A False And Misleading Certification To The CFTC
Date 12/07/2019
The Commodity Futures Trading Commission (CFTC) issued an Order today filing and simultaneously settling charges against Korea Exchange, Inc. (KRX) of Busan, South Korea, for making a false statement to the CFTC. The Order finds that on February 19, 2018, KRX falsely represented in its annual certification that it was in compliance with the CFTC’s exemptive order requiring that KRX observe certain important international financial management standards. In fact, according to the Order, KRX had discovered that its policies and practices were inconsistent with those standards and had already begun remedial measures to address those failures.
-
SEC Staff Statement On LIBOR Transition - Division Of Corporation Finance, Division Of Investment Management, Division Of Trading And Markets, And Office Of The Chief Accountant[1]
Date 12/07/2019
LIBOR is an indicative measure of the average interest rate at which major global banks could borrow from one another. LIBOR is quoted in multiple currencies and multiple time frames using data reported by private-sector banks. LIBOR is used extensively in the U.S. and globally as a “benchmark” or “reference rate” for various commercial and financial contracts, including corporate and municipal bonds and loans, floating rate mortgages, asset-backed securities, consumer loans, and interest rate swaps and other derivatives. It is expected that a number of private-sector banks currently reporting information used to set LIBOR will stop doing so after 2021 when their current reporting commitment ends, which could either cause LIBOR to stop publication immediately or cause LIBOR’s regulator to determine that its quality has degraded to the degree that it is no longer representative of its underlying market. As regulators and market participants seek to avoid business and market disruptions resulting from the expected discontinuation of LIBOR, implementing alternative reference rates in advance of the discontinuation has taken on urgency. As described in more detail below, the U.S. and other countries are currently working to replace LIBOR with alternative reference rates.
- First
- Previous
- 6387
- 6388
- 6389
- 6390
- 6391
- 6392
- 6393
- 6394
- 6395
- 6396
- 6397
- 6398
- 6399
- 6400
- 6401
- 6402
- 6403
- Next
- Last