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  • Canadian Securities Administrators Announces Agenda For Cyber Security Roundtable

    Date 18/01/2017

    The Canadian Securities Administrators (CSA) today announced additional details regarding the roundtable that it will host to further explore cyber security issues and opportunities for greater collaboration, communication and coordination in the event of a cyber security incident.

  • FINRA Reports On Potential Implications Of Blockchain; Seeks Comment

    Date 18/01/2017

    Distributed ledger technology (DLT), better known as blockchain, has garnered significant interest in the securities industry, with many market participants indicating a desire for increased regulatory engagement as they explore the technology and its possible applications. In response, the Financial Industry Regulatory Authority (FINRA) today issued a report that discusses the use and implications of DLT in the securities industry. The paper also seeks comments as part of an effort to obtain feedback on any challenges associated with the use and implementation of DLT.

  • EEX To Extend Power Offering To Floor Futures As Well As Swiss Day And Weekend Futures

    Date 18/01/2017

    EEX will extend its product suite in European power derivatives with exchange trading and trade registration for German Intraday Floor Futures on 15 March 2017. The German Intraday Floor Futures complement EEX’s German Intraday Cap Futures. Whilst the Cap Futures allow to hedge against particularly high prices in the German intraday market, the Floor Futures enables hedging against low prices.

  • US Department Of Justice: State Street Corporation Agrees To Pay More than $64 Million To Resolve Fraud Charges

    Date 18/01/2017

    Massachusetts-based global financial services company State Street Corporation (State Street) entered into a deferred prosecution agreement and agreed to pay a $32.3 million criminal penalty to resolve charges that it engaged in a scheme to defraud a number of the bank’s clients by secretly applying commissions to billions of dollars of securities trades. State Street also agreed to offer an equal amount as a civil penalty to the U.S. Securities and Exchange Commission (SEC).

  • General Counsel Anne K. Small To Leave SEC

    Date 18/01/2017

    The Securities and Exchange Commission today announced that General Counsel Anne K. Small will leave the agency later this month.