News Centre

CalPERS Board Approves Pension Beliefs To Guide Pension Fund Practices And Decisions - Beliefs Build Foundation For Long-Term Sustainability And Advocate For The Value Of Defined Benefit Plans

Date 22/05/2014

The California Public Employees' Retirement System (CalPERS) Board of Administration today adopted a set of Pension Beliefs that articulate the Pension Fund's views on public pension design, funding and administration.

Australia’s Fortescue Takes Two Top Titles At The 2014 Platts Global Metals Awards - ArcelorMittal Associated With Three Awards, Including Lifetime Achievement - Companies, Individuals Win From Four Continents For Success In Challenging Times

Date 22/05/2014

Fortescue Metals Group Limited took top billing, winning two of the most prestigious titles at the 2014 Platts Global Metals Awards. The Australian iron ore producer and mining giant won “Rising Star” and “Metals Company of the Year” honors Wednesday night for its ascension from industry newcomer to the world’s fourth largest iron ore producer in less than a decade. 

TSX Markets Top 20 Largest Consolidated Short Position Report - May 15, 2014

Date 22/05/2014

Please find below the Top 20 Largest Consolidated Short Position Report Highlights. The report is produced twice monthly, effective the 15th and the end of each month. The report below covers the 2-week period ending May 15, 2014.

CFTC Charges Florida Residents Cindy And Paul Vandivier And Their Company, Mintline, Inc., With Fraud In Connection With Illegal, Off-Exchange Commodity Transactions - Federal Court Issues Order Freezing Defendants’ Assets And Prohibiting Destruction Of Books And Records

Date 21/05/2014

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained an emergency court Order on May 14, 2014, freezing and preserving the assets under the control of Cindy Vandivier, Paul Vandivier, and their company, Mintline, Inc. (collectively, the Defendants), all of Coconut Creek, Florida. The court’s Order, entered by Judge William J. Zloch of the U.S. District Court for the Southern District of Florida, also prohibits the Vandiviers and Mintline from destroying books and records and grants the CFTC immediate access to such documents. Neither Mintline nor Cindy Vandivier has ever been registered with the CFTC, and Paul Vandivier has no current registration status with the CFTC.

SIFMA Commends House Committee For Taking Action To Stop Eminent Domain Scheme

Date 21/05/2014

SIFMA today issued the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, after the House Committee on Appropriations voted to adopt a legislative provision (Section 233) which, if signed into law, would effectively eliminate the threat that eminent domain could be used to seize mortgages, a serious concern of housing market participants for over two years:

"SIFMA commends the members of the House Committee on Appropriations for adopting a provision which would  prevent the Federal Housing Administration (FHA) from using taxpayer monies to facilitate a scheme by which eminent domain would be used to seize mortgage loans from Main Street investors.  Should FHA allow this scheme to move forward, investors in pension plans, 401Ks, mutual funds and other savings and retirement accounts will suffer the losses.  Today's action is an important development in the fight to remove a cloud hanging over our housing markets."

OCC And The U.S. Options Exchanges Adopt New Pre- And Post-trade Risk Control Principles

Date 21/05/2014

OCC and the U.S. options exchanges announced today the adoption of pre- and post-trade risk control principles that are designed to enhance the monitoring of trading activity on a real-time basis and reduce the risk of errors or other inappropriate activity that poses a material risk of significant market disruption. The new principles, which are consistent with ongoing initiatives by the U.S. options exchanges to enhance exchange risk controls, will supplement enhanced OCC post-trade controls that are currently under development.

Direct Edge Regulatory Notice #14-02: Amendment To FINRA Rule 8312 Regarding BrokerCheck Disclosure

Date 21/05/2014

This circular is being issued to provide notice that, effective June 23, 2014, FINRA Rule 8312 (FINRA BrokerCheck® Disclosure) will be amended to include in BrokerCheck information about member firms and their associated persons of any registered national securities exchange that uses the Central Registration Depository (CRD®) for registration purposes.  

ESMA Publishes 8th Updated Q&A On EMIR Implementation

Date 21/05/2014

The Q&A’s purpose is to promote common supervisory approaches and practices in the application of EMIR. It provides responses to questions posed by the general public, market participants and competent authorities. The Q&As are aimed at national competent authorities to ensure convergent supervisory activities. It should also help investors and other market participants by providing clarity on the requirements under EMIR.

Bermuda Stock Exchange Will Be Closed For Bermuda Day Holiday

Date 21/05/2014

The Bermuda Stock Exchange (“BSX”) advises that the Exchange will be closed on Monday, 26 May, 2014, in observance of the Bermuda Day Public Holiday. The BSX will re-open on Tuesday, 27 May, 2014.

Keynote Address At Compliance Week 2014, Andrew Ceresney, SEC Co-Director Of The Division Of Enforcement, Washington D.C., May 20, 2014

Date 21/05/2014

At the outset, let me give the requisite reminder that the views I express today are my own and do not necessarily represent the views of the Commission or its staff.