News Centre

Technological Innovation In The Financial Sector - Autorité Des Marchés Financiers Creates Fintech Working Group

Date 13/06/2016

The Autorité des marchés financiers (the “AMF”) has announced the creation of a fintech working group. Its primary mandate is to analyze technological innovations in the financial sector and anticipate regulatory and consumer protection issues.

CFTC Financial Data For Futures Commission Merchants Update

Date 13/06/2016

Futures commission merchants (FCMs) and retail foreign exchange dealers (RFEDs) must file monthly financial reports with the CFTC's Division of Swap Dealer and Intermediary Oversight (DSIO) within 17 business days after the end of the month. Selected financial information from these reports is published below. The most recent month-end information generally is added within 12 business days after FCMs and RFEDs file their reports, but occasionally may be added later. For example:  The 17th business day filing “due date" for February 28, 2015 financial reports was March 25, 2015.  The 12 business day target for posting these data was April 10, 2015.

SEC: Muni Advisors Acted Deceptively With California School Districts

Date 13/06/2016

The Securities and Exchange Commission today announced that two California-based municipal advisory firms and their executives have agreed to settle charges that they used deceptive practices when soliciting the business of five California school districts.

International Securities Exchange Surpasses 50 Million Contracts Traded Through Implied Order Functionality

Date 13/06/2016

The International Securities Exchange (ISE) today announced that trading of multi-legged strategy orders through its Implied Order* functionality has exceeded 50 million contracts. ISE’s Implied Order functionality has accounted for approximately 5.6 percent of all non-crossing, multi-legged contract volume executed on ISE year-to-date.

Annual Russell US Index Reconstitution Period Begins With Posting Of Projected Additions & Deletions

Date 13/06/2016

• Breakpoint between US small & large caps down, first time since 2012
• In reversal of fortune, Healthcare sector goes from top to near bottom
• Apple market cap down 27% yet still in top spot by size in Russell 3000
• Russell 3000 Index top 10 dominated by technology stocks

SEC Chair Mary Jo White Statement On FINRA's Appointment Of Robert Cook As CEO

Date 13/06/2016

I want to congratulate FINRA and Robert Cook on his selection as President and Chief Executive Officer. Robert served the Securities and Exchange Commission with great distinction, advancing a wide range of important initiatives that included significant enhancements to U.S. equity market structure. I have no doubt that Robert will be a tremendous leader for FINRA, and I look forward to working with him to further strengthen our markets and protect investors.

FINRA Announces CEO Transition - Taps Former SEC Director Of The Division Of Trading And Markets

Date 13/06/2016

The Financial Industry Regulatory Authority (FINRA) today announced that its Board of Governors has concluded the CEO search, and appointed Robert W. Cook as President and Chief Executive Officer, effective the second half of 2016. Mr. Cook will succeed Richard G. Ketchum, who has served as Chairman and CEO since 2009. The Board intends to name a new Chairman in the coming months.

La Française De l'Energie Lists On Euronext Paris - 37.5Mmillion Raised - Market Capitalisation €125 Million

Date 13/06/2016

EnterNext, the Euronext subsidiary dedicated to promoting and growing the market for small and medium-sized companies (SMEs), today welcomed La Française de l’Energie, a key player in local energy production, on its first day of trading in compartment C of the Euronext Paris regulated market.

Saudi Arabia's Capital Market Authority: Announcement Of The Board Of Directors And Senior Executives Trading Restriction Period

Date 13/06/2016

The Capital Market Authority announces the Board of Directors and Senior Executives Trading Restriction Periods according to Article (50) of the Listing Rules as the following:

1. For companies which its fiscal interim period ends on 30/06/2016, the restriction period starts on 16/06/2016 and ends on the date of announcing the interim financial statements after assessing the company.

SEC: Muni Advisors Acted Deceptively With California School Districts

Date 13/06/2016

The Securities and Exchange Commission today announced that two California-based municipal advisory firms and their executives have agreed to settle charges that they used deceptive practices when soliciting the business of five California school districts.