News Centre

Opening Remarks To The Government-Business Forum On Small Business Capital Formation, SEC Chair Mary Jo White, Nov. 17, 2016

Date 17/11/2016

Thank you, Keith and Sebastian.  I also want to welcome everyone to today’s Government-Business Forum on Small Business Capital Formation.  I especially want to thank all of the panelists, moderators and participants in today’s program.  The great staff in the Division of Corporation Finance organized today’s Forum and I want to thank them as well.

Federal Reserve Board Orders JPMorgan Chase & Co. To Pay $61.9 Million Civil Money Penalty

Date 17/11/2016

The Federal Reserve Board on Thursday ordered JPMorgan Chase & Co. to pay a $61.9 million civil money penalty for unsafe and unsound practices related to the firm's practice of hiring individuals referred by foreign officials and other clients in order to obtain improper business advantages for the firm.

SEC: JPMorgan Chase Paying $264 Million To Settle FCPA Charges

Date 17/11/2016

The Securities and Exchange Commission today announced that JPMorgan Chase & Co. has agreed to pay more than $130 million to settle SEC charges that it won business from clients and corruptly influenced government officials in the Asia-Pacific region by giving jobs and internships to their relatives and friends in violation of the Foreign Corrupt Practices Act (FCPA).

Statement Of CFTC Chairman Timothy Massad Before The Market Risk Advisory Committee

Date 17/11/2016

Thank you. First, I would like to thank Commissioner Bowen, her staff, and the distinguished members of the Market Risk Advisory Committee for all the work that has gone into today’s meeting and its agenda. I’d also like to thank CFTC staff—and all of today’s speakers and presenters for what I’m sure will be an interesting conversation. And I’m pleased to be here with Commissioner Giancarlo.

Lee Hodgkinson, Head Of Markets And Global Sales Of Euronext And CEO Of Euronext London Limited, Elected As Vice President Of The Federation Of European Securities Exchanges (FESE)

Date 17/11/2016

On 17th November 2016, Lee Hodgkinson from the pan European exchange Euronext was elected as FESE Vice President for a term of three years. The election was unanimously approved by the FESE General Assembly at their bi-annual meeting in Brussels today.

KCG Announces Share Exchange With General Atlantic

Date 17/11/2016

KCG Holdings, Inc. (NYSE: KCG) today announced that it has entered into a strategic transaction with General Atlantic, a global growth equity firm.  Under the terms of the transaction, KCG will exchange 8.9 million shares it owns of Bats Global Markets, Inc. (Bats: BATS) for all of General Atlantic's 18.7 million shares and 8.1 million warrants of KCG.  In 2007, General Atlantic invested in GETCO, a predecessor to KCG.  The transaction is expected to close by the end of November, with a portion of the warrants to be settled in early January 2017. 

Gunvor Closes Oversubscribed US$ 1.67 Billion Revolving Credit Facility

Date 17/11/2016

Gunvor Group Ltd ("Gunvor" or the "Group") has signed a US$ 1.67 billion Revolving Credit Facility (the "Facility") in favour of Gunvor International B.V. and Gunvor SA (the "Borrowers"), representing a 30% increase in the total available facilities. The Facility will replace the maturing Tranche A (US$ 1.15 billion) of the Borrower's Revolving Credit Facility dated 23 November 2015 and refinance Tranche B (US$ 85 million) of the US$ 1.09 billion Facility dated 28 November 2014.

Confluence Extends Its RegTech Platform To Support Additional Regulatory Reporting Mandates In U.S. And Europe - Data-Centric Platform Delivers Regulatory Reporting Speed And Agility For The Global Asset Management Industry

Date 17/11/2016

Confluence, a global leader in investment data management automation for regulatory, financial and investor reporting and performance calculation and analytics, today announced extended regulatory filing capabilities on its pioneering RegTech solution, the Unity NXT™ Regulatory Reporting platform.

Affin Bank Upgrades To IPC's New IQ/MAX Touch On The Unigy Financial Trading Communications Platform - Ease Of Use, Intuitive Interface, Flexibility, Mobility, And Efficiency Drive The Affin Bank Trading Team

Date 17/11/2016

IPC, a leading global provider of secure, compliant communications and network solutions for the financial markets community, today announced Affin Bank, a wholly-owned subsidiary of Affin Holdings Berhad, has upgraded its financial trading communications solution to IPC's new IQ/MAX® Touch powered by IPC's Unigy® platform. Within two days of an initial trader test, Affin Bank, a long-time IPC customer, rolled out the IQ/MAX Touch communications device to all of its traders.

Testimony Of Federal Reserve Chair Janet L. Yellen - The Economic Outlook - Before The Joint Economic Committee, U.S. Congress, Washington, D.C., November 17, 2016

Date 17/11/2016

Chairman Coats, Ranking Member Maloney, and members of the Committee, I appreciate the opportunity to testify before you today. I will discuss the current economic outlook and monetary policy.