News Centre

Texas Public Pension Funds Keep Pace With Major Benchmarks

Date 25/04/2019

The investments which Texas’ public pension systems selected for securing their members’ retirement benefits fit closely with their long-term expectations for returns and exceeded global benchmarks. The findings are from the latest survey of 63 responding public employee retirement systems for police, firefighters, and municipal employees performed by the Maples Group for the Texas Association of Public Employee Retirement Systems.

Statement Of CFTC Chairman J. Christopher Giancarlo On Proposed Rule Amendments To The Commission’s Regulations Relating To Certain Swap Data Repository And Data Reporting Requirements

Date 25/04/2019

A critical component of the 2008 financial crisis was the inability of regulators to assess and quantify the counterparty credit risk of large banks and swaps dealers. To address this shortcoming, the Dodd-Frank Act gave the CFTC broad responsibility to enhance regulatory transparency and price discovery for market participants through trade reporting to swap data repositories (SDRs).

Nasdaq Announces Mid-Month Open Short Interest Positions In Nasdaq Stocks As Of Settlement Date April 15, 2019

Date 25/04/2019

At the end of the settlement date of April 15, 2019, short interest in 2,362 Nasdaq Global MarketSM securities totaled 7,726,263,589 shares compared with 7,861,097,225 shares in 2,357 Global Market issues reported for the prior settlement date of March 29, 2019. The mid-April short interest represents 4.15 compared with 4.12 days for the prior reporting period.

CFTC Approves Proposed Rule To Improve Data Quality And Streamline Regulations For Swap Data Repositories

Date 25/04/2019

The Commodity Futures Trading Commission (CFTC) today approved a proposed rule to improve the quality of swap data and to update and streamline regulations related to swap data repository (SDR) operations and governance. The proposed rule is the first rulemaking that is part of the Roadmap to Achieve High Quality Swaps Data, a comprehensive review of swap reporting regulations that the CFTC’s Division of Market Oversight announced in July 2017.

FINRA Orders Buckman, Buckman & Reid To Pay Approximately $205,000 In Restitution To Customers For Supervisory Failures Involving Excessive And Unsuitable Trading - Firm Owner Sanctioned For Failing To Supervise Two Registered Representatives

Date 25/04/2019

FINRA announced today that it has ordered New Jersey-based broker-dealer Buckman, Buckman & Reid, Inc. (BBR) to pay approximately $205,000 in restitution to seven customers for failing to reasonably supervise two former registered representatives who recommended excessive and unsuitable trades in multiple customer accounts. As part of the settlement, FINRA also required the firm to review and revise its supervisory system and written supervisory procedures. FINRA previously barred both registered representatives from the industry.

Statement Of CFTC Commissioner Rostin Behnam On Proposed Amendments To The Commission’s Regulations Relating To Certain Swap Data Repository And Swap Data Reporting Requirements

Date 25/04/2019

I respectfully concur with the Commodity Futures Trading Commission’s (the “Commission” or “CFTC”) approval of its proposed rule regarding amendments to the Commission’s Regulations Relating to Certain Swap Data Repository and Swap Data Reporting Requirements (the “Proposal”).  In 2011, the Commission adopted part 49 of the Commission’s Regulations to implement the requirements of section 21 of the Commodity Exchange Act (the “Act” or “CEA”).  Section 21 describes the registration regime for and operation of swap data repositories (“SDRs”) by setting out applicable registration rules, data standards, duties, core principles, and requirements regarding confidentiality and chief compliance officers as envisioned by Congress in the Dodd-Frank Act to implement the key trade reporting provisions laid out at the 2009 G20 Pittsburgh Summit.  Similarly, part 49 builds out a regulatory framework aimed at ensuring the legal and operational stability and soundness of SDRs in support of post-trade transparency in the swaps market.  The Proposal aims to improve upon the quality, accuracy, and completeness of swap data reported to the Commission via SDRs and generally follows a plan laid out in the Commission’s 2017 Roadmap to Achieve High Quality Swap Data.  This Proposal purports to be the first step in following that Roadmap.  While true, I prefer to view this as a part of the Commission’s ongoing duties to regularly review its Regulations to increase efficiencies and avoid unintended consequences, and to be certain that our SDR rules further the goals of increasing transparency and identifying risk.

Deutsche Börse Data Services Launches Eurex Flow Insights

Date 25/04/2019

• New analytics product offers information on Eurex order flow by trading account type
• Unique insights into market positioning and dynamics

Oleg Viyugin Re-Elected As Chairman Of The Moscow Exchange Supervisory Board

Date 25/04/2019

The Supervisory Board newly elected at the Annual General Meeting of Shareholders held its first meeting on 25 April 2019. At the Board meeting, Oleg Viyugin, independent director, was re-elected as Chairman of the Supervisory Board.

SEC Announces Members Of Small Business Capital Formation Advisory Committee

Date 25/04/2019

The Securities and Exchange Commission today announced the inaugural members of the Small Business Capital Formation Advisory Committee. The Committee will hold its first meeting on Monday, May 6, 2019, at the SEC’s headquarters in Washington, D.C.

Moscow Exchange Announces AGM Results

Date 25/04/2019

Moscow Exchange (MOEX) held its Annual General Meeting of Shareholders (AGM) on 25 April 2019.