News Centre

CME Group Delays Closure Of Open Outcry Futures Trading In Chicago And New York

Date 23/06/2015

Due to a technical revision to its filing with the CFTC, CME Group today announced that it will delay the closing of its futures pits in Chicago and New York.  Previously scheduled to take place on Thursday, July 2, the last day for most open outcry futures trading is now expected to take place on Monday, July 6, pending expiration of CFTC review periods.  During its review, the CFTC could further delay the closure for up to 90 days. 

Activism, Short-Termism, And The SEC: Remarks At The 21st Annual Stanford Directors’ College, SEC Commissioner Daniel M. Gallagher, June 23, 2015

Date 23/06/2015

Thank you, Sy [Lorne] for that kind introduction. And thank you for having shared your wisdom and insight with me at various points over the years; your advice is always reasoned and sound. And thank you to Professor Grundfest for inviting me here today. Joe, you have been a dear friend for a very long time, and I truly appreciate your wise counsel and much-needed support during my tenure on the Commission. I hope this breakfast keynote sets the tone for a productive final day of this conference — or at least doesn’t give everyone indigestion. I’m proud for this to be one of my last speeches as an SEC Commissioner.

Binary Options - AMF Issues New Warning

Date 23/06/2015

The Autorité des marchés financiers (“AMF”) is reminding Québec consumers to be cautious about schemes by unregistered foreign companies encouraging them to invest in binary options via on-line trading platforms.

SEC Charges Unregistered Brokers In EB-5 Immigrant Investor Program

Date 23/06/2015

The Securities and Exchange Commission today charged two firms that illegally brokered more than $79 million of investments by foreigners seeking U.S. residency.  The charges are the first against brokers handling investments in the government’s EB-5 Immigrant Investor Program and follow earlier SEC actions against fraudulent EB-5 offerings.

Irish Stock Exchange: Trinity Biotech, The International Diagnostics Company, Lists $100m Bond

Date 23/06/2015

Trinity Biotech has listed a US$100m bond on the Irish Stock Exchange (ISE). The senior notes, due 2045, have a coupon rate of 4% and are listed on the Global Exchange Market (GEM).

Remarks By Treasury Secretary Jacob J. Lew At Economic Track Opening Session Of U.S.-China Strategic And Economic Dialogue

Date 23/06/2015

On behalf of President Obama and my U.S. colleagues, I would like to welcome Vice Premier Wang and your colleagues from across China’s government to the Treasury Department, and officially open this year’s S&ED Economic Track meetings.

Regulations Amending Finansinspektionen’s Regulations (FFFS 2014:33) Regarding The Countercyclical Buffer Rate

Date 23/06/2015

Finansinspektionen (FI) has decided to increase the countercyclical capital buffer for Sweden to 1.5 per cent as of 27 June 2016.

Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha And Montreal Exchange Closed For Canada Day

Date 23/06/2015

Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha and Montreal Exchange will be closed on Wednesday, July 1, 2015, for the Canada Day holiday.

Thomson Reuters Launches New Valuations & Transparency Capability - New Capability Offers Greater Transparency For Structured Notes And OTC Derivatives

Date 23/06/2015

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced the launch of Thomson Reuters Pricing Service Plus (TRPS Plus), a new DataScope capability for structured notes and hard-to-value over-the-counter (OTC) derivatives. TRPS Plus offers significant transparency into the evaluated price, methodologies and market data associated with the price. TRPS Plus also provides important risk analysis such as Value-at-Risk (VaR), Credit Valuation Adjustment (CVA) and Greeks.

Jonathan Hill, Member Of The European Commission, Responsible For Financial Stability, Financial Services And Capital Markets Union - Keynote Speech: Contribution Of The Audit To The Capital Markets Union

Date 23/06/2015

Good afternoon ladies and gentlemen. Thank you for inviting me to join you today.

As an historian, I was pleased to see that the earliest mention of a public official charged with auditing government expenditure is a reference to the Auditor of the Exchequer in England over 700 years ago in 1314.