News Centre

FTC And Department Of Justice Submit Comment To FERC On Need For Careful Market Power Analysis Of Electricity Markets

Date 28/11/2016

The Federal Trade Commission and the Department of Justice’s Antitrust Division have submitted a comment to the U.S. Federal Energy Regulatory Commission (FERC) regarding market power in wholesale electricity markets. The comment responds to a FERC request for comments on how it assesses market power with respect to mergers and electricity sales at market-based rates, which it evaluates under the Federal Power Act (FPA).

CFTC Commitments Of Traders Reports Update

Date 28/11/2016

The current reports for the week of November 22, 2016 are now available.

U.S. Department Of Justice: Upstate New York Woman Admits Stealing $3.1 Million From Cargill Inc. - Employee Caused Minnesota Company $25 Million In Losses

Date 28/11/2016

A Greene County, New York, woman pleaded guilty today to stealing at least $3.1 million from Cargill Inc. (Cargill) over 10 years and causing at least $25 million in losses.  The woman was an accounting manager at Cargill, the country’s largest privately held corporation, based in Minnetonka, Minnesota.

ISDA And IHS Markit Launch 2016 Variation Margin Protocol On ISDA Amend

Date 28/11/2016

The International Swaps and Derivatives Association, Inc. (ISDA) and IHS Markit today announced the launch of the ISDA 2016 Variation Margin Protocol on ISDA Amend, which automates the process for amending existing collateral documents or setting up new agreements in order to comply with new variation margin requirements going into effect on March 1, 2017.

FINRA Fines VALIC Financial Advisors, Inc. $1.75 Million For Failure To Prevent Conflicts Of Interest In Its Compensation Policy And For Other Supervisory Failures Related To Variable Annuity Sales

Date 28/11/2016

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Houston-based VALIC Financial Advisors, Inc. (VFA), a total of $1.75 million for failing to identify and reasonably address certain conflicts of interest in the firm’s compensation policy for instances when customers elected to move assets out of their VALIC variable annuities (VA), many of which were held in retirement plan accounts. The firm also failed to adequately supervise its VA business, including the sale of VAs with multiple share classes.

Autorité Des Marchés Financiers Holds Consultation On Regulation Of Real Estate Investments

Date 28/11/2016

The Autorité des marchés financiers (“AMF”) is holding a consultation on a draft Regulation respecting real estate prospectus and registration exemptions and the related Policy Statement.

European Commission - Fact Sheet - Central Counterparties Recovery And Resolution Proposal: Frequently Asked Questions

Date 28/11/2016

Unscheduled Updated Coefficients For Moscow Exchange Indices To Come Into Force

Date 28/11/2016

Due to unscheduled rebalance the following coefficients for Moscow Exchange indices come into force from November 29, 2016:

European Commission - Creating A Stronger Financial System: New EU Rules For The Recovery And Resolution Of Central Counterparties

Date 28/11/2016

The European Commission has today proposed new rules to ensure that systemic market infrastructures in the financial system, known as Central Counterparties (CCPs), can be dealt with effectively when things go wrong.

Nasdaq Announces Mid-Month Open Short Interest Positions In Nasdaq Stocks As Of Settlement Date November 15, 2016

Date 28/11/2016

At the end of the settlement date of November 15, 2016, short interest in  2,326  Nasdaq Global Market^SM securities totaled 7,733,350,362 shares compared with 7,603,044,420 shares in 2,327 Global Market issues reported for the prior settlement date of October 31, 2016. The mid-November short interest represents 4.50 days average daily Nasdaq Global Market share volume for the reporting period, compared with 5.35 days for the prior reporting period.