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The Future Of Payments Systems: Stability Through Change - Speech Given By David Bailey, Director, Financial Market Infrastructure, Bank Of England, At The Westminster Business Forum Keynote Seminar: The Future Of Payments Regulation, 25 February 2015

Date 25/02/2015

To say there is a lot going on in the payments world at present would be an understatement. There is an atmosphere of real change, driven by the range of legislative, technological and regulatory initiatives that are underway. The current climate provides significant opportunities to make meaningful change to the industry, and it is right that we seek to maximise the positive impact that this change can bring, both in terms of benefits for those using payment systems and the stability of the wider financial system.

Insights Into The SEC’s Risk Assessment Programs, Mark J. Flannery, SEC Chief Economist And Director, Division Of Economic And Risk Analysis, Global Association Of Risk Professionals 16th Annual Risk Assessment Convention, New York, NY, Feb. 25, 2015

Date 25/02/2015

Thank you so much for inviting me here today. I will be speaking on an important topic that has received considerable attention since the financial crisis: market risk assessment. Before I begin my remarks, I must make clear that the views I express today are mine alone and do not necessarily reflect the views of the Commission or of my colleagues on the Commission Staff.

Genscape Blog Post: Algonquin Issues Unplanned Capacity Reduction Ahead Of Potential Record-Breaking Natural Gas Demand

Date 25/02/2015

The Algonquin pipeline that serves the New England market issued an unplanned notice this morning that capacity through a critical flow point into the region will be restricted. Winter conditions are expected to trend colder on Thursday, with stronger demand likely day-over-day in New England.

ASC Dismisses Illegal Insider Trading Allegations Against Calvalley Petroleum And Others

Date 25/02/2015

The Alberta Securities Commission (ASC) has dismissed allegations of illegal insider trading against Calvalley Petroleum Inc., Memet Kont, Kevin Dougald MacArthur and Edmund Shimoon.  Allegations that Shimoon made a prohibited undertaking to an investor, and that Shimoon and Kont dealt improperly with Calvalley's board of directors were also dismissed.  An ASC panel did find that Shimoon breached Alberta securities laws and acted contrary to the public interest by making an untrue statement to ASC staff in the course of their investigation. All other allegations of Shimoon making misleading or untrue statements to ASC staff were dismissed.

BGC Reminds GFI Stockholders To Tender Their Shares Before Its $6.10 Per Share Offer Expires - GFI Board Unanimously Recommends Stockholders Tender Their Shares To BGC's Offer - Offer Set To Expire On February 26 With No Further Extensions Expected - Accepted Shares Expected To Be Paid For On March 3, 2015

Date 25/02/2015

BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," or "BGC"), a leading global brokerage company servicing the financial and real estate markets, today reminded stockholders of GFI Group Inc. (NYSE: GFIG) ("GFI Group" or "GFI") to tender into its $6.10 per share offer to purchase all outstanding shares of GFI before its expiration on February 26, 2015.

CFTC Swaps Report Update

Date 25/02/2015

CFTC's Weekly Swaps Report has been updated, and is now available.

New York State Department Of Financial Services Superintendent Benjamin M. Lawsky’s Remarks At Columbia Law School - “Financial Federalism: The Catalytic Role Of State Regulators In A Post-Financial Crisis World”, New York, NY, February 25, 2015

Date 25/02/2015

Thank you Dean Chapnick for that kind introduction.

The topic of this speech today is “Financial Federalism” and the catalytic role states can play in Wall Street regulation.

So, what exactly do I mean by the term “Financial Federalism?”

CalPERS To Open 2015 Board Election - Election Will Determine Retired Member Representative

Date 25/02/2015

The California Public Employees’ Retirement System (CalPERS) will open the Board of Administration election for nominations to the retired member representative position on March 23, 2015. Retired CalPERS members must meet specific eligibility requirements to run in this election.

Oslo Børs: Release 8.6 North Sea – CDS Environment Upgrade On Friday 27 February And Conformance Testing

Date 25/02/2015

Oslo Børs upgrades the Millennium Test Environment (CDS) on Friday 27 February 2015 due to a minor bug fix. The CDS environment may behave unstable Friday morning due to the upgrade. Oslo Børs also wish to remind all customers to have all relevant applications conformance tested prior to the mandatory dress rehearsal in the production environment on Saturday 14 March. 

In An Initiative Aiming To Enhance Working Values... EGX Honors Outstanding Employees

Date 25/02/2015

In a move aimed at raising the efficiency, The Egyptian Exchange (EGX) started a new tradition of honoring outstanding employees who make extraordin