News Centre

SEC: Fee Rate Advisory #4 for Fiscal Year 2015

Date 28/02/2015

Pursuant to Section 31(j)(2) of the Securities Exchange Act of 1934, the Commission has determined that a mid-year adjustment to the Section 31 fee rate for fiscal year 2015 is not required.  These adjustments do not directly affect the amount of funding available to the SEC.

U.S. Department Of The Treasury: **Corrected** Preliminary Report On Foreign Holdings Of U.S. Securities At End-June 2014 - **Update Reflects The Correct Order Of Major Investing Countries Into The United States. The Numbers Have Not Changed From The Previous Release, Only The Rank In Which They Are Listed.**

Date 28/02/2015

Preliminary data from the June 2014 benchmark survey of foreign portfolio holdings of U.S. securities were released today on the Treasury website athttp://www.treasury.gov/resource-center/data-chart-center/tic/Pages/fpis.aspx.  Final survey results, which will include additional detail as well as possible revisions to the preliminary data, will be reported on April 30, 2015.  The survey was undertaken jointly by Treasury, the Federal Reserve Bank of New York, and the Board of Governors of the Federal Reserve System.  The next annual survey will cover holdings at the end of June 2015; preliminary data are expected to be released by February 29, 2016.

SEC Halts Ponzi-Like Scheme By Purported Venture Capital Fund Manager In Buffalo

Date 28/02/2015

The Securities and Exchange Commission today charged a purported venture capital fund manager in Buffalo, N.Y., with fraudulently using money from three investment funds to pay fictitious returns to investors in a different fund.  The SEC obtained an emergency asset freeze to halt the Ponzi-like scheme.

U.S. Department Of The Treasury: Preliminary Report On Foreign Holdings Of U.S. Securities At End-June 2014

Date 27/02/2015

Preliminary data from the June 2014 benchmark survey of foreign portfolio holdings of U.S. securities were released today on the Treasury website athttp://www.treasury.gov/resource-center/data-chart-center/tic/Pages/fpis.aspx.  Final survey results, which will include additional detail as well as possible revisions to the preliminary data, will be reported on April 30, 2015.  The survey was undertaken jointly by Treasury, the Federal Reserve Bank of New York, and the Board of Governors of the Federal Reserve System.  The next annual survey will cover holdings at the end of June 2015; preliminary data are expected to be released by February 29, 2016.

The Volcker Rule: Observations On Systemic Resiliency, Competition, And Implementation, SEC Commissioner Kara M. Stein, Tokyo, Japan, Feb. 9, 2015

Date 27/02/2015

Thank you, Mr. Fumiaki Miyahara, for your kind introduction.

Before I begin my remarks, I am required to tell you that the views I am expressing today are my own and do not necessarily reflect those of the United States Securities and Exchange Commission (SEC), my fellow Commissioners, or the staff of the Commission.

It is wonderful to be here this morning. The U.S.-Japan relationship is a deep and strong one, and I’m especially pleased to be making my first international trip as a SEC Commissioner to Japan. After spending a couple of days in Tokyo, I’ll travel to Seoul, Korea, to serve as the SEC’s representative at the Board meeting of the International Organization of Securities Commissions (IOSCO).

BATS 1000 Index Down 0.4% This Week

Date 27/02/2015

BATS Global Markets (BATS), a leading operator of securities markets in the U.S. and Europe, reports the BATS 1000® Index (Ticker: BATSK) declined 97.13 points to close at 23,369.00, down 0.4 percent over last Friday’s close.

OCC Issues Second Quarter 2015 CRA Evaluation Schedule

Date 27/02/2015

The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the second quarter of 2015.

CFTC Commitments Of Traders Reports Update

Date 27/02/2015

The current reports for the week of February 24, 2015 are now available.

MIAX Options Exchange: Notice Of A Potential Execution Issue After Early Termination Of A PRIME™ Auction In Limited Circumstances

Date 27/02/2015

Please be advised that MIAX has identified a technical issue related to behavior at the conclusion of the Price Improvement Mechanism (“PRIME™”) auction that has the potential to cause an improper execution following a PRIME™ auction.  The PRIME™ Agency Order will trade properly with the PRIME Contra Order and PRIME responses.

DFS Issues Regulatory Guidance To Financial Institutions On Identifying And Stopping Elder Financial Abuse - DFS Urges Adoption Of Best Practices To Spot And Report Red Flags Indicating Financial Exploitation Of New York Senior Citizens

Date 27/02/2015

Benjamin M. Lawsky, Superintendent of Financial Services, announced today the Department of Financial Services (DFS) is issuing regulatory guidance to financial institutions doing business in New York, urging the adoption of best practices that help prevent financial exploitation of our state’s senior citizens. Among the best practices in DFS’ guidance are procedures to help financial institutions spot and report red flags indicative of elder financial abuse. DFS is also issuing a survey to banks and credit unions seeking information on the policies those institutions currently have in place to protect customers from elder financial exploitation.