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Taiwan Futures Exchange Monthly Newsletter- October 2014

Date 09/10/2014

Click here to download the TAIFEX October Newsletter.

IOSCO - Report Of The Board: The Year In Review And The Year Ahead

Date 09/10/2014

A speech by Greg Medcraft, Chairman, Australian Securities and Investments Commission to the 39th International Organization of Securities Commissions (IOSCO) Annual Conference, 1 October 2014.

Federal Court Orders Florida Resident Richard Morello And His Florida Company, Vertical Integration Group LLC, To Pay Over $2.5 Million In Monetary Sanctions For Engaging in Illegal, Off-Exchange Precious Metals Transactions - Junior Alexis, Florida Resident And Vertical Integration Group, LLC Employee, Ordered To Pay Over $700,000 In Monetary Sanctions For His Role In The Unlawful Venture

Date 08/10/2014

The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Beth Bloom of the U.S. District Court for the Southern District of Florida entered an Order of Default Judgment against Vertical Integration Group LLC (Vertical) of Lake Worth, Florida, and its Managing Members,Richard V. Morello of Lake Worth, Florida, and Junior Alexis of Boynton Beach, Florida, for engaging in illegal, off-exchange precious metals transactions.

New Template Available On FINRA Firm Gateway For Compliance With SEA Rule 17a-5(f)(2) (Statement Regarding Independent Public Accountant)

Date 08/10/2014

Executive Summary

In 2013, the SEC amended paragraph (f)(2) of SEA Rule 17a-5 to revise the statement regarding identification of a broker-dealer’s independent public accountant that broker-dealers must file with the SEC and FINRA, as specified in the rule. The new requirement became effective on June 1, 2014. This Notice is to announce that FINRA is making available, through the Firm Gateway, a new template (referred to as the Rule 17a-5(f)(2) Statement) for members to file electronically with FINRA pursuant to the rule. Pursuant to NASD Rule 3170, all such statements must be filed with FINRA electronically, using the new template.

CFTC Settles Action Against Friedberg Mercantile Group, Inc., A Registered Futures Commission Merchant, For Secured Amount Deficiency, Commingling Of Customer Funds And Failure To Timely Report Secured Amount Deficiency

Date 08/10/2014

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it entered an order requiring Friedberg Mercantile Group, Inc. (Friedberg), a registered Futures Commission Merchant (FCM) in Toronto, Canada, to pay a $70,000 civil monetary penalty for a secured amount deficiency of approximately $240,000 on February 5, 2013, commingling of customer funds with its proprietary funds on February 6, 2013, and failure to timely notify the CFTC of the February 5, 2013 secured amount deficiency as required.

CalPERS Selects GCM Grosvenor To Run $200 Million Private Equity Emerging Manager Fund-Of-Funds - New Commitment To Be Deployed Over Four Years Starting In 2014

Date 08/10/2014

The California Public Employees' Retirement System (CalPERS) has announced that GCM Grosvenor (Grosvenor) has been selected to run the System's new $200 million private equity emerging manager commitment. The new commitment will be deployed through a fund-of-funds vehicle starting by the end of the current year.

CFTC Staff Issues No-Action Letter For Singapore Exchange Derivatives Clearing Limited

Date 08/10/2014

The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight and Division of Clearing and Risk (Divisions) announced today that they have issued a time-limited no-action letter stating that the Divisions will not recommend that the Commission take enforcement action against the Singapore based derivatives clearing organization Singapore Exchange Derivatives Clearing Limited (SGX-DC) for failure to comply with the applicable swap data reporting requirements of Commission Regulations 45.3 and 45.4.

Federal Reserve Board Announces Community Depository Institutions Advisory Council members For 2015

Date 08/10/2014

The Federal Reserve Board on Wednesday announced the members of its Community Depository Institutions Advisory Council (CDIAC) and the president and vice president of the council for 2015.

CFTC Swaps Report Update

Date 08/10/2014

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

ISE Holdings Launches Cross Market Speed Bump - ISE And ISE Gemini First To Introduce Risk Management Protections Across Multiple Exchanges

Date 08/10/2014

The International Securities Exchange Holdings, Inc. (ISE Holdings) today announced the launch of the Cross Market Speed Bump, which allows Market Makers to establish a common risk threshold across both ISE and ISE Gemini. If the Cross Market Speed Bump is triggered, a Market Maker’s quotes are automatically removed across all products and new quotes are prevented from being accepted on ISE and ISE Gemini. This new protection is an enhancement to the existing Market Wide Speed Bumpintroduced earlier this year and is the latest in ISE’s industry-leading suite of risk management offerings.