News Centre

SEC’s Office Of The Investor Advocate To Hold Evidence Summit, Launch Investor Research Initiative

Date 02/03/2017

The Securities and Exchange Commission’s Office of the Investor Advocate today announced it will host an Evidence Summit to discuss strategies for raising retail investors’ understanding of key investment characteristics such as fees, risks, returns, and conflicts of interest.

FIA: Position Limits Rule Needs More Study And Hedging Exemptions

Date 02/03/2017

FIA has submitted comments urging the Commodity Futures Trading Commission (CFTC) to assess whether position limits are needed and to expand exemptions for hedging activities before setting any new federal position limits.

Brexit: European Parliament Looks Into Rghts Of Europeans Living In The UK

Date 02/03/2017

Ever since the Brexit referendum EU citizens in the UK and UK nationals living in other EU countries face uncertainty about their ability to stay where they are. The British government has so far refused to guarantee the rights of EU nationals. Following reports of administrative barriers, MEPs are increasingly concerned that EU citizens’ right to stay in the UK are not being fully respected. They held a debate on the issue on 1 March and will also organise hearings to gather evidence.

European Parliament Asks EU Commission To Press For Full US-EU Visa Reciprocity

Date 02/03/2017

The EU Commission is legally obliged to take measures temporarily reintroducing visa requirements for US citizens, given that Washington still does not grant visa-free access to nationals of five EU countries. In a resolution approved on Thursday, MEPs urge the Commission to adopt the necessary legal measures “within two months”.

Nigerian Stock Exchange's Executive Director, Market Operations And Technology, Ade Bajomo, Speech At The Facts Behind The Listings Presentation Of FGN $1bn Eurobond, March 2nd, 2017

Date 02/03/2017

Distinguished ladies and gentlemen:

It gives me great pleasure to welcome you to the (The Exchange) for the Fact Behind the Listing Presentation of the maiden One Billion Dollars ($1bn) Federal Government of Nigeria (FGN) Eurobond.

EBA: Consultation On Recommendations On The Coverage Of Entities In A Group Recovery Plan

Date 02/03/2017

The European Banking Authority (EBA) launched today a consultation on its draft Recommendation on the coverage of entities in banking group recovery plans, which is aimed at defining common criteria to identify entities (subsidiaries and branches) that need to be covered in group recovery plans, and the extent of such coverage. Such criteria should help institutions avoid a fragmented approach in providing information in recovery plans, and provide a common guidance for home and host supervisors. The consultation runs until 02 June 2017.

CBOE Holdings Announces Election And Proration Results Relating To Its Acquisition Of Bats Global Markets

Date 02/03/2017

CBOE Holdings, Inc. (NASDAQ: CBOE) today announced the results of the elections made by former stockholders of Bats Global Markets, Inc. (Bats) regarding the merger consideration to be received in CBOE Holdings' acquisition of Bats. As previously announced, the acquisition was effective on February 28, 2017.  

EBA Consults On The Coverage Of Entities In Banking Group Recovery Plans

Date 02/03/2017

The European Banking Authority (EBA) launched today a consultation on its draft Recommendation on the coverage of entities in banking group recovery plans, which is aimed at defining common criteria to identify entities (subsidiaries and branches) that need to be covered in group recovery plans, and the extent of such coverage. Such criteria should help institutions avoid a fragmented approach in providing information in recovery plans, and provide a common guidance for home and host supervisors. The consultation runs until 02 June 2017.

SEC’s Office Of The Investor Advocate To Hold Evidence Summit, Launch Investor Research Initiative

Date 02/03/2017

The Securities and Exchange Commission’s Office of the Investor Advocate today announced it will host an Evidence Summit to discuss strategies for raising retail investors’ understanding of key investment characteristics such as fees, risks, returns, and conflicts of interest.

Renovating OCC's Risk Culture - By John Fennell, OCC Executive Vice President And Chief Risk Officer, March 2, 2017

Date 02/03/2017

When I took on the role of chief risk officer at OCC, I realized that as a company we needed to mature from a process-oriented culture to more of a risk-oriented culture. To better serve market participants in our role as the foundation for secure markets, we are working towards this transformation by incorporating a risk lens as we look to improve resiliency, enhance operational effectiveness and prioritize our strategic initiatives. To transform our culture, we have to ingrain that risk-focused mindset into our everyday work. We need to be asking ourselves; where is risk present, how do we measure it, and how do we manage our business with risk as the primary driver?