News Centre

Federal Court Orders Israeli Web-Based Firms, Vault Options, Ltd. And Global Trader 365, To Pay More Than $4.5 Million For Unlawful Off-Exchange Binary Options Trading, Fraud, And Registration Violations - CFTC Obtains Default Judgment And Permanent Trading Ban Against The Two Binary Options Trading Firms

Date 28/07/2016

The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge John Z. Lee of the U.S. District Court for the Northern District of Illinois entered an Order of Final Judgment by Default (Order) that requires Defendants Vault Options, Ltd. (Vault) and Global Trader 365 (GT 365), two Israeli web-based binary options firms, to jointly and severally pay a $3 million civil monetary penalty and $1,587,731 in restitution to their defrauded customers. The Court’s Order also imposes permanent injunctions and permanent trading bans against the two entities.

CBOE Holdings Declares Increased Third-Quarter 2016 Dividend

Date 28/07/2016

CBOE Holdings, Inc. (NASDAQ: CBOE) announced today that its Board of Directors declared an increased dividend of $0.25 per share for the third quarter of 2016, representing a 9 percent increase compared to the prior quarter's dividend of $0.23 per share.  The third-quarter dividend is payable on September 16, 2016, to stockholders of record as of September 2, 2016.

SEC Announces Agenda For August 2 Meeting Of The Equity Market Structure Advisory Committee

Date 28/07/2016

The Securities and Exchange Commission will hold a meeting of the Equity Market Structure Advisory Committee on August 2, beginning at 9:30 a.m. EDT.  The Commission established the advisory committee to provide a formal mechanism through which the Commission can receive advice and recommendations on equity market structure issues. 

CFTC And Four Canadian Authorities Sign Counterparts To Memorandum Of Understanding To Enhance Supervision Of Cross-Border Regulated Entities

Date 28/07/2016

The U.S. Commodity Futures Trading Commission (CFTC) announced today that CFTC Chairman Timothy Massad signed Counterparts with authorities in four Canadian provinces or territories to a 2014 Memorandum of Understanding (MOU) regarding cooperation and the exchange of information in the supervision and oversight of regulated entities that operate on a cross-border basis in the United States and in Canada.

Ontario Securities Commission Publishes Corporate Finance Branch 2015-2016 Annual Report

Date 28/07/2016

The Ontario Securities Commission (OSC) today published OSC Staff Notice 51-727Corporate Finance Branch 2015-2016 Annual Report.

ISDA Launches FRTB Data Standards Project

Date 28/07/2016

The International Swaps and Derivatives Association, Inc. (ISDA) has announced the launch of a new industry initiative to develop standard data requirements, as part of an effort to facilitate compliance with the Basel Committee on Banking Supervision’s Fundamental Review of the Trading Book (FRTB).

Bats Welcomes Legg Mason As New Issuer To The Bats ETF Marketplace - Becomes 15th ETF Issuer To List On Bats In The U.S.

Date 28/07/2016

Bats Global Markets, Inc. (Bats: BATS), the #1 U.S. market for exchange-traded fund (ETF) trading, today welcomed Legg Mason as a new issuer to the Bats ETF Marketplace with the launch of the Legg Mason International Low Volatility High Dividend ETF (Bats: LVHI).

World Economic Forum: Survey Shows That Seldom Used Financial Risk Mitigation Tools Are Key To Bridge The Emerging Markets’ $1 Trillion Infrastructure Gap

Date 28/07/2016

• The Risk Mitigation Instruments in Infrastructure: Gap Assessment report highlights the effectiveness and use of risk-mitigation instruments in infrastructure
• The report shows that current instruments are too complex, lack adequate standardization and are too costly for the private sector to use
• Several actions could help accelerate the allocation of institutional investors’ funds towards investment opportunities in infrastructure in emerging and developing economies

United Kingdom Parliament Treasury Committee Update: Chair Seeks Commitment From FCA Not To Increase Costs

Date 28/07/2016

Rt Hon. Andrew Tyrie MP has written to John Griffith-Jones, Chairman of the Financial Conduct Authority (FCA), seeking a further commitment from the regulator not to increase its costs without a clear and adequate explanation to Parliament. This follows a breach of the PCBS' recommendation on FCA costs in 2015/16.

SEC Obtains Asset Freeze In Case Of Investor Funds Stolen For Shopping Sprees

Date 28/07/2016

The Securities and Exchange Commission today announced an asset freeze it has obtained against three men who aren’t registered to sell investments and allegedly went on lavish shopping sprees with more than $5 million raised from investors to purportedly develop a resort.