News Centre

B3: Ibovespa Breaks New Record And Reaches 81.675 Points

Date 22/01/2018

B3’s main stock market performance index – Ibovespa – hit a record high today ending the day at 81.675 points, up 0.56% from last trading session. The previous Ibovespa record of 81.219 points was recorded on January 19, 2018

New York State Department Of Financial Services Superintendent Vullo Issues Cybersecurity Filing Deadline Reminder - February 15, 2018 Compliance Certification Filing Deadline Is Approaching For Covered Entities Under New York's Landmark Cybersecurity Regulation - Covered Entities Must Submit A Statement Of Compliance To The Superintendent Of Financial Services For Prior Calendar Year - DFS Has Also Added Cybersecurity Questions To “First Day Letters” Issued In Connection With Examinations Of Institutions

Date 22/01/2018

Financial Services Superintendent Maria T. Vullo today reminded all regulated entities and licensed persons covered by the Department of Financial Services’s (DFS) landmark cybersecurity regulation that the first certification of compliance requiring a statement to the Superintendent covering the prior calendar year must be filed electronically via the DFS cybersecurity portal on or prior to February 15, 2018.  Superintendent Vullo also took the opportunity to announce that DFS will now be incorporating cybersecurity in all examinations, including adding questions related to cybersecurity to “first day letters,” which are notices the Department issues to commence its examinations of financial services companies, including examinations of banks and insurance companies for safety and soundness and market conduct.

DTCC Outlines Vision For Modernizing U.S. Equity Market Structure - Looking Beyond T+2, DTCC Examines Ways To Optimize And Accelerate Securities Settlement To Free Up Liquidity, Reduce Risk, And Improve Straight-Through Processing

Date 22/01/2018

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced its vision for the evolution of the U.S. equities market structure, unveiling a series of proposals to provide seamless access to new shortened settlement processing options, both pre-and post-trade.

Ontario Securities Commission Announces New Securities Proceedings Advisory Committee Members

Date 22/01/2018

The Ontario Securities Commission (OSC) is pleased to announce the updated membership of the Securities Proceedings Advisory Committee (SPAC).

FINRA Launches Small Firm Helpline To Provide Enhanced Support - New FINRA360 Initiative Provides Small Firms Additional Assistance

Date 22/01/2018

The Financial Industry Regulatory Authority (FINRA) today launched a Small Firm Helpline, the latest in a series of actions to enhance support for small firms that have been taken as part of the FINRA360 organizational improvement program.

FTSE Russell: Advisor Use Of Smart Beta Growing, But With Geographic Differences And Education Gaps

Date 22/01/2018

• 68-79% of US-, UK- and Canada-based financial advisors “aware,” yet only 35% on average are “very familiar” with smart beta investment strategies

• Outlook for future use of smart beta is strong in all three countries, yet advisors still skeptical and looking for more information

• Smart beta implementation still evolving; financial advisors divided as to whether it complements active or passive investment strategies

“Reasonably Bright”: The 2018 Economic Outlook - William Dudley, President Of The Federal Reserve Bank, SIFMA Event On The Economic Outlook For 2018

Date 22/01/2018

“Broadly speaking, the prospects for continued economic expansion in 2018 look reasonably bright,” said William Dudley, president of the Federal Reserve Bank of New York at a SIFMA event on the economic outlook for 2018.

United Nations Conference On Trade And Development - Global Foreign Direct Investment Slipped In 2017

Date 22/01/2018

Global flows of foreign direct investment (FDI) fell by 16% in 2017 to an estimated US$1.52 trillion, from a revised US$1.81 trillion in 2016, according to the latest UNCTAD Global Investment Trends Monitor.

SEC: Six Accountants Charged With Using Leaked Confidential PCAOB Data In Quest To Improve Inspection Results For KPMG

Date 22/01/2018

The Securities and Exchange Commission today announced charges against six certified public accountants – including former staffers at the Public Company Accounting Oversight Board (PCAOB) and former senior officials at KPMG LLP – arising from their participation in a scheme to misappropriate and use confidential information relating to the PCAOB's planned inspections of KPMG.

BNY Mellon To Launch FX Prime Brokerage Service

Date 22/01/2018

BNY Mellon has announced plans to address the increasingly complex and capital-constrained FX market by launching a prime brokerage service for its institutional clients.