News Centre

FINRA Foundation Research Reveals Fraud Victims Vulnerable To Severe Stress, Anxiety And Depression

Date 09/03/2015

The FINRA Investor Education Foundation issued a new research report, Non-Traditional Costs of Financial Fraud, which found that nearly two thirds of self-reported financial fraud victims experienced at least one non-financial cost of fraud to a serious degree—including severe stress, anxiety, difficulty sleeping and depression. While the Stanford Financial Fraud Research Center estimates that $50 billion is lost to financial fraud every year, the FINRA Foundation's innovative research examines the broader psychological and emotional impact of financial fraud.

Remarks To 2015 IAA Compliance Conference, Dave Grim, Acting Director, SEC Division Of Investment Management, Arlington, VA, March 6, 2015

Date 09/03/2015

Introduction

Good afternoon everyone, and thank you for that kind introduction. Before I begin, let me remind you that the views I express are my own and do not necessarily reflect the views of the Commission, any of the Commissioners, or any other colleague on the staff of the Commission.

Canadian Securities Administrators Investor Alert: Unregistered Binary Option Platforms Target Canadians

Date 09/03/2015

The Canadian Securities Administrators (CSA) are warning investors to exercise caution when considering an investment in binary options. The CSA has become aware of multiple websites promoting binary options trading platforms that are soliciting Canadians. Many of these websites are trying to lure investors by making untrue and/or misleading statements about Canadian securities regulators’ oversight of binary options.

SIFMA Market Close Recommendations For The Good Friday And UK Easter Monday Holidays In The US, The UK And Japan

Date 09/03/2015

SIFMA has confirmed its previous holiday recommendations for the trading of U.S. dollar-denominated fixed-income securities in the US, the UK, and Japan in observance of the Good Friday and UK Easter Monday holidays. 

ESMA Clarifies Its Interest Rate Swaps Clearing Standards

Date 09/03/2015

The European Securities and Markets Authority (ESMA) has today published a revised opinion on its draft Regulatory Technical Standard (RTS) on the clearing obligation for Interest Rate Swaps (IRS). ESMA’s draft IRS RTS had originally been sent for endorsement to the European Commission by 1 October 2014. On 29 January 2015, the Commission responded with a corrigendum notification, which informed ESMA of its intention to endorse the draft RTS with amendments. 

FESE Response To ESMA CP On MiFID II / MiFIR

Date 09/03/2015

FESE welcomes the opportunity to provide input to ESMA on their draft Regulatory Technical Standards (RTS) on Level 2 of MiFID II / MiFIR. In particular, FESE would like to bring the following points to the attention of ESMA with regards to their proposals.

OCC Appoints Luke Moranda As New Chief Information Officer

Date 09/03/2015

OCC, the world’s largest equity derivatives clearing organization, announced today that Luke Moranda has joined the firm as Senior Vice President and Chief Information Officer. He will direct the OCC’s technology vision and strategy, and lead the transformation of world-class systems and services to meet the needs of OCC clearing members. Mr. Moranda will replace Raymond Tamayo, and report to Michael McClain, OCC President and Chief Operating Officer.

SEC: Remarks To PLI Investment Management Institute 2015 - Dave Grim, Acting Director, Division Of Investment Management

Date 09/03/2015

Good morning everyone, and thank you, Paul, for that kind introduction. I would also like to thank both you and Barry Barbash for inviting me to speak here today. Before I begin, let me remind you that the views I express are my own and do not necessarily reflect the views of the Commission, any of the Commissioners, or any other colleague on the staff of the Commission.[1]

Dubai Financial Market (DFM) Company Shareholders Approve Financial Statements For The Year 2014 - Shareholders To Receive Cash Dividend Of AED 560 Million, Equivalent To 74% Of 2014 Net Profit

Date 09/03/2015

The Dubai Financial Market (DFM) “PJSC” shareholders approved the Balance Sheet and Income Statement for the fiscal year ending December 31st 2014, during the Annual General Meeting held today, March 9th 2015, and headed by HE/ Essa Kazim, Chairman of the Company.

Top British Fund Manager Claims That The Eurozone Is Not Viable In Its Current Form

Date 09/03/2015

In a HARDtalk interview broadcast on BBC World News on Monday March 9th 2015, the fund manager Neil Woodford tells Stephen Sackur that he does not believe that the Eurozone is viable in its current form and that he believes that continued uncertainty over a potential British exit from the EU will be damaging to the British economy.