News Centre

SEC Charges Unregistered Broker In Tampa Area With Stealing From Investors In Fraudulent Day Trading Scheme

Date 19/11/2014

The Securities and Exchange Commission today charged an unregistered broker living outside Tampa, Fla., with stealing investor funds as part of a fraudulent day trading scheme.

Direct Edge Trading Notice #14-53: Holiday Reminder – Closed On Thursday, November 27, 2014 And Closing Early On Friday, November 28

Date 18/11/2014

BATS BYX Exchange, BZX Exchange, EDGA Exchange, EDGX Exchange and BATS Options will be closed on Thursday, November 27, 2014 and will also closing 3 hours early on Friday, November 28, 2014 in observance of Thanksgiving. Normal trading will resume Monday, December 1, 2014.

Remarks Of CFTC Commissioner Mark Wetjen Before The Cumberland Lodge Financial Services Policy Summit - The Next Opportunity For Trans-Atlantic Collaboration: Shaping A New Era For Swap Execution

Date 18/11/2014

Thank you, David, for the introduction.

I am honored to be with you today here in the Cumberland Lodge, a location rich in history and the site of many important discussions in the past. In preparing for these remarks, I was struck by the Cumberland Lodge’s mission statement, which in part is to prepare society for future responsibilities. Appropriately, the theme of this conference is: “a new era for financial services.”

Treasury International Capital Data For September

Date 18/11/2014

The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for September 2014.  The next release, which will report on data for October 2014, is scheduled for December 15, 2014.

CFTC Agricultural Advisory Committee To Meet On December 9, 2014

Date 18/11/2014

The U.S. Commodity Futures Trading Commission (CFTC) will convene a meeting of the Agricultural Advisory Committee (AAC) on Tuesday, December 9, 2014 at 10:00 a.m., at its headquarters in Washington, DC. The meeting will focus on issues related to deliverable supplies of agricultural commodities, as they pertain to position limits, and the agricultural economy.

Agencies Propose Technical Corrections And Clarifications To The Capital Rules Applicable To Advanced Approaches Banking Organizations

Date 18/11/2014

The Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today proposed clarifications to the revised regulatory capital rules adopted by the agencies in July 2013.

NYDFS Announces Bank Of Tokyo Mitsubishi UFJ To Pay Additional $315 Million Penalty For Misleading Regulators, Individual Bank Employees Will Resign And Accept Bans - BTMU Pressured Its Consultant, PwC, To Remove Key Warnings To Regulators On Bank’s Transactions With Sanctioned Countries, Including Iran, Sudan, Myanmar - PwC Previously Received 24-Month Consulting Ban, Paid $25 Million For Misconduct in This Case Under August 2014 DFS Order

Date 18/11/2014

Benjamin M. Lawsky, Superintendent of Financial Services, today announced an enforcement action – including an additional $315 million monetary penalty, and disciplinary action for individual Bank employees – against Bank of Tokyo Mitsubishi UFJ (BTMU) for misleading regulators regarding its transactions with Iran, Sudan, Myanmar, and other sanctioned entities. A year-long New York State Department of Financial Services (DFS) investigation uncovered that BTMU employees pressured the Bank's consultant, PricewaterhouseCoopers (PwC), into removing key warnings to regulators in a supposedly "objective" report that the Bank submitted to DFS. That report related to the extent of BTMU’s illicit conduct on behalf of those sanctioned countries and entities.

FINRA Announces New Public Board Members

Date 18/11/2014

The Financial Industry Regulatory Authority (FINRA) has named two new Public Governors—Joshua S. Levine and Robert W. Scully—to its Board of Governors.

ISE Signs Memorandum Of Understanding With Shanghai Stock Exchange

Date 18/11/2014

The Irish Stock Exchange (ISE) and the Shanghai Stock Exchange (SSE) have signed a Memorandum of Understanding (MOU) with the aim of developing a mutually beneficial relationship between the exchanges.

Agencies Propose Technical Corrections And Clarifications To The Capital Rules Applicable To Advanced Approaches Banking Organizations

Date 18/11/2014

The Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today proposed clarifications to the revised regulatory capital rules adopted by the agencies in July 2013.