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Remarks Before The 27th International Institute For Securities Market Growth And Development, SEC Acting Chairman Michael Piwowar, Washington D.C., March 27, 2017

Date 28/03/2017

Thank you, Paul [Leder], for that warm introduction.

Welcome to the SEC's 27th Annual International Institute for Securities Market Growth and Development. Thank you for being our guests over the next two weeks. It is our honor to host you. The reason why I am so excited that you are here is because the work we can do together is so important to our respective jurisdictions.

SEC Halts Fraud Targeting Seniors

Date 27/03/2017

The Securities and Exchange Commission today announced an emergency asset freeze and temporary restraining order against a Chicago-based investment adviser and his financial management company accused of scamming elderly investors out of millions of dollars. 

Thomson Reuters Lipper Announces U.S. Fund Awards 2017 Winners

Date 27/03/2017

Thomson Reuters Lipper announces the winners of the U.S Awards 2017. These highly-respected awards honor funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers – the merit of the winners is based on entirely objective, quantitative criteria. The awards were held Thursday March, 23rd at the Mandarin Oriental Hotel in New York City.

Office Of Financial Research Update: An Approach To Financial Instrument Reference Data

Date 27/03/2017

The U.S. Office of Financial Research today posted a viewpoint paper, entitled, “An Approach to Financial Instrument Reference Data.” This viewpoint describes the OFR’s approach to preparing and publishing a set of standards for creating and describing financial instrument reference data through a private-sector solution with public-sector involvement.

SEC Halts Boiler Room Scheme Involving State Lottery Tickets

Date 27/03/2017

The Securities and Exchange Commission today announced charges against a Florida-based company, its CEO, and its top sales agent accused of conducting a boiler room scheme that solicits investments in a business purportedly facilitating online and cell phone sales of lottery tickets in various states.

Davisco Foods International, Inc. Ordered To Pay $150,000 Penalty For Acting As A Futures Commission Merchant Without Registering With The CFTC

Date 27/03/2017

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against Davisco Foods International, Inc., based in Le Sueur, Minnesota, for failure to register with the CFTC as a Futures Commission Merchant (FCM).

FINRA And Exchanges Charge Lek Securities And CEO Samuel F. Lek With Aiding And Abetting Securities Fraud - Charges Also Include Market Access Rule, Supervisory And Other Violations

Date 27/03/2017

The Financial Industry Regulatory Authority, along with the New York Stock Exchange; NYSE Arca; NYSE MKT; the four Bats Exchanges, Bats BZX, Bats BYX, Bats EDGA, and Bats EDGX; Nasdaq; Nasdaq BX; and the International Securities Exchange, today announced that they have commenced disciplinary proceedings against Lek Securities Corporation and its Chief Executive Officer, Samuel F. Lek, for aiding and abetting manipulative trading by one of its customers. Together, the complaints allege that Lek Securities and Lek aided and abetted extensive manipulative trading in a customer account known as “Avalon” from October 2010 through June 2015, which impacted both equities and options markets. Lek Securities is also charged with aiding and abetting Avalon’s operation of an unregistered broker-dealer.

Bank Of England: Financial Policy Committee Statement From Its Meeting, 22 March 2017

Date 27/03/2017

1. At its meeting on 22 March, the Financial Policy Committee (FPC) reviewed developments since its meetings on 23 and 29 November 2016.  The FPC assessed the outlook for UK financial stability by identifying the risks faced by the UK financial system and assessing the resilience of the system to them.  In doing so, its aim is that the financial system can continue to provide essential services to the real economy, even in adverse circumstances.

MOEX And DCE Announce New Areas Of Cooperation In MOU

Date 27/03/2017

Moscow Exchange ("MOEX") and Dalian Commodity Exchange ("DCE"), announced today that they have signed a Memorandum of Understanding ("MOU"), aimed at expanding the cooperation between the two exchanges in terms of information sharing, high-level visits, training and exchange programmes for staff, and other areas of business cooperation.

DTCC’S Legal Entity Identifier Service, GMEI Utility, Readies Industry For MiFID II Implementation - Received Official Accreditation From The GLEIF And Maintains Leadership Role - SIX Collaborates With DTCC’s Subsidiary Operating The GMEI Utility To Issue LEIs In Switzerland

Date 27/03/2017

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that its subsidiary operating the Global Markets Entity Identifier utility (GMEI utility) continues to operate as the largest legal entity identifier (LEI) issuer, by share of the total LEIs issued worldwide, in the run-up to MiFID II implementation. Having issued more than 240,000 LEIs to entities from over 200 jurisdictions, representing approximately 50% share, the GMEI utility is best-placed to help the industry ready itself before the regulation comes into force.