News Centre

Nasdaq Names Adena Friedman Chief Executive Officer - Robert Greifeld Nasdaq Chairman Of The Board

Date 14/11/2016

Nasdaq is today announcing its Board of Directors has named Adena Friedman President and Chief Executive Officer, and she will also join the Board of Directors, effective January 1, 2017.

SEC Chair Mary Jo White Announces Departure Plans - Strengthened Protections For Investors And Our Markets Through Transformative Rulemaking And Vigorous Enforcement

Date 14/11/2016

SEC Chair Mary Jo White, after nearly four years as the agency’s head, today announced that she intends to leave at the end of the Obama Administration.  Under Chair White’s leadership, the Commission strengthened protections for investors and the markets through transformative rulemakings that addressed major issues highlighted by the financial crisis.  The Commission also instituted a new approach to enforcement that has resulted in greater accountability and record actions through, among other things, the use of admissions of wrongdoing and enhanced data analytics and technology.

London Champions Green Finance On The Global Stage

Date 14/11/2016

The UK leads the world in Green Finance because of the City’s mix of expertise and innovation, according to a report published by the City of London Corporation’s Green Finance Initiative today (11 November).

Remarks Of CFTC Chairman Timothy Massad Before The CME Global Financial Leadership Conference, November 14, 2016

Date 14/11/2016

Thank you very much. It is an honor to be here. It’s also a challenge to speak at this point in the program. First, you have the fact that preceding me were former Speaker John Boehner, Chuck Todd, David Axelrod, and Karen Hughes. They all gave very insightful commentary on what lies ahead for our country after one of the greatest political upheavals of our lifetime. And following my remarks is the cocktail hour. That’s always appealing and perhaps even more so as we all try to digest what has happened. So yes, I am the only thing between you and the bar.

Remarks By U.S. Treasury Acting Under Secretary Adam Szubin At The ABA/ABA Money Laundering Enforcement Conference

Date 14/11/2016

Thank you, Rob, for your kind introduction and thank you to the American Bankers Association and American Bar Association for inviting me to speak today.  I recognize many of you from last year’s Conference, and it is a pleasure to be back again this year.

CFTC Commitments Of Traders Reports Update

Date 14/11/2016

The current reports for the week of November 8, 2016 are now available.

SEC: Statement On Jury’s Verdict In Insider Trading Case Against Pharmaceutical Executive And Friend, Andrew Ceresney, Director, Division of Enforcement, Nov. 14, 2016

Date 14/11/2016

"We are pleased that the jury found the two defendants liable for insider trading.  While employed at Intermune, Dr. Sasan Sabdaran learned highly confidential information that was not to be disclosed outside the company.  Rather than keep this information confidential, he gave it to his friend Farhang Afsarpour, who used it to illegally earn for himself and his friends over $1 million from Intermune trading at the expense of ordinary investors who played by the rules.  This jury verdict reaffirms our commitment to aggressively root out and prosecute insider trading schemes in order to protect the integrity of our markets." 

Boutique Prime Broker Linear Investments To Use TFG Financial Systems For Real-Time Margin Reporting

Date 14/11/2016

Linear Investments, the FCA-approved boutique prime broker, has appointed TFG Financial Systems for the provision of real-time margin reporting. In addition, TFG will be adding its trademark real-time portfolio analytics to the Linear offering. This will be extended to Linear’s hedge fund clients, enabling them to carry out sophisticated pre-deal margin and impact risk assessments.

U.S. Justice Department: Former Autonomy CFO Charged With Wire Fraud - Defendant Allegedly Defrauded Hewlett-Packard Company In The Acquisition Of Autonomy For $11 Billion

Date 14/11/2016

A federal grand jury indicted Sushovan Hussain, 52, a citizen and resident of the United Kingdom, with conspiracy to commit wire fraud and multiple counts of wire fraud.  According to the indictment filed last Nov. 10, Hussain allegedly engaged in a scheme to defraud purchasers and sellers of securities of Autonomy Corporation plc (Autonomy) and Hewlett-Packard Company about the true performance of Autonomy’s business, its financial condition and its prospects for growth.

DTCC: Tax And Regulatory Differences, Operational Complexities Remain Challenges For RMB Internationalisation

Date 14/11/2016

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure provider for the global financial services industry, today released new research examining opportunities and challenges facing international financial services firms as the internationalisation of China’s currency, the renminbi (RMB), proceeds.