News Centre

FINRA Fines Wedbush Securities Inc. $1.5 Million For Customer Protection, Net Capital Rule Violations And Related Failures

Date 05/02/2018

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Wedbush Securities Inc. $1.5 million for violating the Securities and Exchange Commission’s (SEC) Customer Protection and Net Capital Rules, and for related supervisory and books and records failures. 

The Future Of The City - Speech By Andrew Bailey, Chief Executive Of The FCA, At The Future Of The City Dinner

Date 05/02/2018

Highlights

• We are treating Brexit as a high priority and will do our utmost to make it work in the interests of the people of this country.
• There is a range of operational issues arising from Brexit which, if not tackled, will create financial stability risks and issues for both the UK and the European Union (EU).
• We are working with the Government to take action to ensure we have a functioning regulatory regime from day one by implementing the EU withdrawal bill.

New FINRA Rules Take Effect To Protect Seniors And Vulnerable Adults From Financial Exploitation - First Uniform, National Standards To Protect Senior Investors

Date 05/02/2018

Two FINRA rule changes took effect today addressing the financial exploitation of seniors and vulnerable adults, putting in place the first uniform, national standards to protect senior investors. Firms are now required to make reasonable efforts to obtain the name of and contact information for a trusted contact person for a customer’s account. In addition, the rule permits FINRA member firms to place a temporary hold on a disbursement of funds or securities when there is a reasonable belief of financial exploitation, and to notify the trusted contact of the temporary hold.

Cboe FX Reports Record ADV Of $42.6 Billion In January

Date 05/02/2018

• January 2018 average daily volume (ADV) increases 44.2% year-on-year
• Sets new one-day record of $68.4 billion traded on 25th January, of which a record $15.3 billion was transacted on the Cboe FX London matching engine
• Cboe FX London matching engine sets new month record with ADV of $9.1 billion, up 261% year-on- year

ESMA Publishes Translations For Guidelines On MiFID II Product Governance Requirements

Date 05/02/2018

The European Securities and Markets Authority (ESMA) has issued today the official translations of its Guidelines on MiFID II product governance requirements.

CFTC Chairman Giancarlo To Testify Before The U.S. Senate Committee On Banking, Housing & Urban Affairs

Date 05/02/2018

ESMA Updates Its Q&A On Short Selling

Date 05/02/2018

The European Securities and Markets Authority (ESMA) has updated today its Questions & Answers (Q&A) document regarding the implementation of the Short Selling Regulation (SSR).

CFTC Commissioner Behnam To Keynote At FIA/SIFMA Asset Management Group Derivatives Forum

Date 05/02/2018

ESMA Updates Q&A On EMIR Implementation

Date 05/02/2018

The European Securities and Markets Authority (ESMA) has issued today an update of its Q&A on practical questions regarding the European Markets Infrastructure Regulation (EMIR).

Non-Jordanian Investment At The Amman Stock Exchange During January 2018

Date 05/02/2018

The total value of shares that were bought by non-Jordanian investors at the Amman Stock Exchange (ASE) in January 2018 was JD16.6 million, representing 14.5% of the overall trading value, while the value of shares sold by them amounted to JD23.9 million. As a result, the net of non-Jordanian investments in January 2018 showed a decrease by JD7.3 million, compared with a decrease by JD11.5 million during the same month of 2017.