News Centre

Statement By New York State Department of Financial Services Superintendent Maria T. Vullo Regarding The OCC Special Purpose National Bank Charters For FinTech Companies

Date 02/12/2016

Particularly now, with so much uncertainty at the federal level, New York will not allow consumer protections to fall into the void. The New York State Department of Financial Services (DFS) opposes any effort to federalize what states have been doing - and doing well - for over a century. Any reliance on a federal fintech regulatory framework, such as the proposal contemplated by the OCC, would be irresponsible if it were to ignore the states’ historical role and longstanding expertise in this arena. State regulators, like DFS, are best positioned to continue to protect consumers and ensure that dynamic service providers like fintech firms will continue to flourish within an appropriately tailored regulatory regime. History has demonstrated that states, not the federal government, have the requisite knowledge and experience to effectively regulate nondepository financial service providers and guard against predatory and abusive practices.

EBA Sees High NPL Levels And Low Profitability As The Main Risks For EU Banks

Date 02/12/2016

The European Banking Authority (EBA) published today its ninth report on risks and vulnerabilities in the EU banking sector. The report is accompanied by the EBA's 2016 transparency exercise, which provides essential data, in a comparable and accessible format, for 131 banks across the EU. Overall, banks have further strengthened their capital position, allowing them to continue the process of repair. The report identifies as the key challenges in that process the remaining high levels of non-performing loans (NPLs) and sustained low profitability. Operational risks also appear to be on the rise and volatility in funding markets remains high.

U.S. Department Of The Treasury: Statement On The President’s Decision Regarding The U.S. Business Of Aixtron SE

Date 02/12/2016

As chair of the Committee on Foreign Investment in the United States (CFIUS), the U.S. Department of the Treasury today issued the following statement about the President’s decision regarding the U.S. business of Aixtron SE:

The President issued an order prohibiting the acquisition of the U.S. business of Aixtron SE (Aixtron) by Grand Chip Investment GmbH (Grand Chip) and certain of its direct and indirect shareholders (together, the Purchasers). The order directs the Purchasers and Aixtron to take all steps necessary to fully and permanently abandon the proposed acquisition of Aixtron’s U.S. business not later than 30 days after the date of the order.

CFTC Commitments Of Traders Reports Update

Date 02/12/2016

The current reports for the week of November 29, 2016 are now available.

Ontario Securities Commission Announces New Registrant Advisory Committee Members

Date 02/12/2016

The Ontario Securities Commission (OSC) announced today the new membership of the Registrant Advisory Committee (RAC) for the 2017-2019 term.  The RAC serves as a forum to discuss issues and challenges faced by registrants in interpreting and complying with Ontario securities law, including registration and compliance related matters. 

Chief Economist And Division Of Economic And Risk Analysis Director Mark Flannery To Leave SEC

Date 02/12/2016

The Securities and Exchange Commission today announced that Chief Economist and Division of Economic and Risk Analysis (DERA) Director Mark J. Flannery will leave the agency by the end of the month. He will return to his position as a finance professor at the University of Florida’s Graduate School of Business Administration.

CBOE Holdings Reports November 2016 Trading Volume

Date 02/12/2016

CBOE Holdings, Inc. (NASDAQ: CBOE) today reported November monthly trading volume and average revenue per contract (RPC) data on its website under the Quotes & Data section. 

Speech By Verena Ross, ESMA Executive Director At The 2016 Global Capital Markets Conference

Date 02/12/2016

The European Securities and Markets Authority’s (ESMA) Executive Director, Verena Ross, today spoke at the ICI Global’s2016 Global Capital Markets Conference giving a broad ranging view of how ESMA’s work contributes to strengthening Europe’s capital markets.

NYSE Member Firms Report Third-Quarter Results

Date 02/12/2016

New York Stock Exchange member firms that conduct business with the public reported a third-quarter 2016 after-tax profit of approximately $3.7 billion and revenues of approximately $43.4 billion, compared with approximately $2 billion after-tax profit on revenues of about $38.8 billion in the third-quarter of 2015.

EEX New Participant: ED&F Man Capital Markets Limited

Date 02/12/2016

Flow Traders B.V. has been additionally admitted to exchange trading for Spot Contracts on Emission Rights (Secondary Market), Spanish Financial Power Futures, Greek Financial Power Futures, French Financial Power Futures, French Financial Power Options, Nordic Financial Power Futures, Italian Financial Power Options, Romanian Financial Power Futures, Nordic Financial Power Options, Futures on Emission Rights, Options on Emission Rights, UK Financial Power Futures, Belgian Financial Power Futures, Phelix Futures, Dutch Financial Power Futures, Italian Financial Power Futures, German Intraday Cap Futures, Spanish Financial Power Options, Phelix Options und Swiss Financial Power Futures.