News Centre

MIAX Options - October 24, 2016 Fee Changes - Introduction Of Complex Orders

Date 19/10/2016

Effective October 24, 2016, pending SEC approval, the MIAX Options Exchange will amend the Fee Schedule to introduce Complex Orders.

FIA Welcomes Proposed Guidance On Central Counterparty Risk And Pushes For More Transparency

Date 19/10/2016

FIA joined four industry trade associations in a response to proposed guidance from the Committee on Payments and Market Infrastructures (CPMI), the International Organization of Securities Commissions (IOSCO) on resilience and recovery of central counterparties (CCPs). 

Remarks At The National Society Of Compliance Professionals 2016 National Conference, Andrew J. Donohue, SEC Chief of Staff, Washington, D.C., Oct. 19, 2016

Date 19/10/2016

Thank you for that very kind introduction and for inviting me to speak today. Before I start, I must provide our standard disclaimer that the views I express today are my own and do not necessarily reflect the views of the Commission, the Chair, other Commissioners or my colleagues on the Commission staff.

BM&FBOVESPA Approves Object Trading For Direct Connection

Date 19/10/2016

BM&FBOVESPA announced today that it has approved Object Trading as a conformed ISV to handle market data, order entry, and pre-trade risk constraints, via its Direct Market Access (DMA) platform for clients and partners. Object Trading is a provider of multi-asset trading infrastructure featuring a single gateway for normalised market data and order execution to over 60 markets worldwide, providing its clients with the flexibility and adaptable infrastructure they need to continue trading in an ever-changing, global market.

FINRA Receives SEC Approval To Require Member Firms To Report Treasury Transactions To TRACE - Implementation Date Set For July 10, 2017

Date 19/10/2016

The Securities and Exchange Commission has approved FINRA’s proposal to require its members to report certain transactions in Treasury Securities to FINRA’s Trade Reporting and Compliance Engine (TRACE). FINRA has set July 10, 2017 as the implementation date.

CFTC: Federal Court Orders Scott Platto And His Company The Yorkshire Group, Inc. To Pay More Than $1.56 Million For Engaging In Illegal, Off-Exchange Precious Metals Transactions

Date 19/10/2016

The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court default judgment Order Adopting the Report and Recommendation (Order) against Defendants The Yorkshire Group, Inc. (Yorkshire) and its principal Scott Platto. The Order stems from a CFTC Complaint, filed on September 25, 2013, that charged the Defendants with engaging in illegal, off-exchange transactions in precious metals with retail customers on a leveraged, margined or financed basis (see CFTC Complaint and Press Release 6713-13, September 26, 2013). At the time the CFTC filed the Complaint, Platto’s residence and Yorkshire’s offices were in Staten Island, New York.

US Federal Agencies Issue Advanced Notice Of Proposed Rulemaking On Enhanced Cyber Risk Management Standards

Date 19/10/2016

The three federal banking regulatory agencies today approved an advance notice of proposed rulemaking (ANPR) inviting comment on a set of potential enhanced cybersecurity risk-management and resilience standards that would apply to large and interconnected entities under their supervision.  The standards would apply as well to services provided by third parties to these firms.

Eurex Supports Market Participants And Regulatory Change With Total Return Futures

Date 19/10/2016

• First products to be listed on EURO STOXX 50® Index
• Legislation directs OTC flow to exchanges

AdviceRobo Kicks Off A Seedrs Crowd Funding Campaign To Support Its European Innovative Risk Scoring Growth

Date 19/10/2016

This week AdviceRobo, launched its Seedrs crowdfunding campaign. AdviceRobo is a top 100 European Fintech award winner and a leader in innovative credit scoring, advanced analytics and robo-advice solutions for consumer and small business loans. Applications are currently with credit card providers, tier 2 banks and online retailers across the UK, Benelux and Spain.

Keynote Remarks Of CFTC Chairman Timothy Massad Before The Futures Industry Association Futures And Options Expo, Chicago, Illinois, October 19, 2016

Date 19/10/2016

Thank you for that introduction. I’m so pleased to be back with you today. I’m also grateful to the Futures Industry Association for the critical role it plays in our industry.