News Centre

Portuguese Securities Market Commission (CMVM) Executive Board Passes A Resolution Temporarily Banning Short-Selling Of Bes And Jerónimo Martins Shares

Date 30/07/2014

Temporary prohibition of short selling in shares issued by Banco Espírito Santo, S.A. (ISIN: PTBES0AM0007) and Jerónimo Martins SGPS, S.A. (ISIN: PTJMT0AE0001), pursuant to Article 23 of the Regulation (EU) of the European Parliament and of the Council no. 236 of 14 March 2012 

US Treasury Issues Proposed Rules To Enhance Financial Transparency - New Rule Will Make Financial System More Transparent; Furthers U.S. G-8 Commitments

Date 30/07/2014

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) today issued a Notice of Proposed Rulemaking (NPRM) to amend existing Bank Secrecy Act (BSA) regulations to help prevent the use of anonymous companies to engage in or launder the proceeds of illegal activity in the U.S. financial sector.  The proposed rule would clarify and strengthen customer due diligence obligations of banks and other financial institutions (including brokers or dealers in securities, mutual funds, futures commission merchants, and introducing brokers in commodities).  The proposed amendments would add a new requirement that these entities know and verify the identities of the real people (also known as beneficial owners) who own, control, and profit from the companies they service.

Direct Edge Trading Notice #14-30: EDGA Fee Schedule Changes

Date 30/07/2014

Effective Friday, August 1, 2014, EDGA ExchangeSM (EDGA®) will update Step-up Tiers 1 and 2 to remove the default ADV baseline of 10,000,000 shares, pending filing with the Securities and Exchange Commission (SEC).  

SEC Charges Company CEO And Former CFO With Hiding Internal Controls Deficiencies And Violating Sarbanes-Oxley Requirements

Date 30/07/2014

The Securities and Exchange Commission today announced charges against the CEO and former CFO of a Florida-based computer equipment company for misrepresenting to external auditors and the investing public the state of its internal controls over financial reporting.

Remarks By US Assistant Attorney General John P. Carlin On Cyber-Crime At Carnegie Mellon Uninversity Pittsburgh, PA ~ Wednesday, July 30, 2014

Date 30/07/2014

Thanks for that kind introduction.   I’m grateful to be with you today to discuss emerging national security threats.

Federal Reserve Issues FOMC Statement

Date 30/07/2014

Information received since the Federal Open Market Committee met in June indicates that growth in economic activity rebounded in the second quarter. Labor market conditions improved, with the unemployment rate declining further. However, a range of labor market indicators suggests that there remains significant underutilization of labor resources. Household spending appears to be rising moderately and business fixed investment is advancing, while the recovery in the housing sector remains slow. Fiscal policy is restraining economic growth, although the extent of restraint is diminishing. Inflation has moved somewhat closer to the Committee's longer-run objective. Longer-term inflation expectations have remained stable.

MIAX Options - August 1, 2014 Fee Changes - Monthly Firm Fee Cap, Priority Customer Rebate & Select Symbol Rebate Programs

Date 30/07/2014

The MIAX Options Exchange has filed for immediate effectiveness of three filings to amend the MIAX Options Fee Schedule beginning August 1, 2014 as follows:

1. Monthly Firm Fee Cap to provide that certain orders of affiliates of Members will be included in calculating the Monthly Firm Fee Cap of $60,000 for orders that are entered and executed for an account identified by an Electronic Exchange Member for clearing in the OCC “Firm” range.
2. Priority Customer Rebate Program to modify the volume thresholds of tiers 1, 2, and 3.
3. MIAX Select Symbols to amend the Priority Customer Rebate Program to lower the per contract credit for transactions in MIAX Select Symbols for tiers 1 and 2.

Moscow Exchange: Reasons For Halt Of Trading On Equity And Bond Market

Date 30/07/2014

Today at 15:56 Moscow time a software malfunction affected the systems at Moscow Exchange's Equity and Bond Market. A fund transfer transaction resulted in a discrepancy in the state of several components of the trading system, namely the central core and perimeter access gateways. Under these conditions, continued operation of the trading and clearing system became impossible and the system halted.

EBA Issues Amended Technical Standards On Supervisory Reporting For Institutions

Date 30/07/2014

The European Banking Authority (EBA) published today its Final draft Implementing Technical Standards (ITS) amending the Commission's Implementing Regulation (EU) No 680/2014 on supervisory reporting under Regulation (EU) No 575/2013 of the European Parliament and of the Council. These final draft ITS include minor changes to templates and instructions which the EBA deemed necessary to publish in order to reflect some of the answers published in its Single Rulebook Q&As, as well as to correct legal references and other clerical errors. The amendments are expected to be applicable for reporting as of December 2014.

ANALEC ClientManager Integrates Thomson Reuters StreetSight Intelligence Into Its Product Suite

Date 30/07/2014

ANALEC North America Inc. has agreed terms with Thomson Reuters to integrate Thomson Reuters’ awarding winning StreetSight buy-side intelligence database into ANALEC ClientManager -ANALEC’s client management platform that addresses some of the most significant strategic client servicing and accountability challenges facing the stock brokerage industry.