News Centre

FINRA Signs Regulatory Services Agreement With CBOE And C2

Date 22/12/2014

The Financial Industry Regulatory Authority (FINRA) today announced that it has signed an agreement with the Chicago Board Options Exchange® (CBOE®) and C2 Options Exchange (C2) to provide market surveillance, financial surveillance, examinations, investigations, and disciplinary services to CBOE and C2, in addition to other regulatory services. FINRA, the independent, non-governmental regulator for all securities firms doing business with the public in the United States, will begin to perform these services on January 1, 2015.

CFTC’s Global Markets Advisory Subcommittee On Foreign Exchange Markets Submits Report

Date 22/12/2014

The U.S. Commodity Futures Trading Commission’s (CFTC) Subcommittee on Foreign Exchange Markets (FEM) submitted a report to the Global Markets Advisory Committee (GMAC) regarding a prospective clearing mandate for foreign exchange (FX) non-deliverable forwards (NDFs). FEM is a subcommittee of GMAC.

SEC Charges Investment Manager F-Squared And Former CEO With Making False Performance Claims - F-Squared Settles Case By Paying $35 Million And Admitting Wrongdoing

Date 22/12/2014

The Securities and Exchange Commission today announced that investment management firm F-Squared Investments has agreed to pay $35 million and admit wrongdoing to settle charges that it defrauded investors through false performance advertising about its flagship product.

Toronto Stock Exchange Sets New Trading Records

Date 22/12/2014

TMX Group today announced that Toronto Stock Exchange (TSX) set a new daily volume record on December 19, 2014 with 1,535,887,985 shares traded. This surpassed the previous record of 895,769,152, which was set on December 19, 2008.

Looking For Xmas & New Year Finance Challenges For 15-19 Year Olds This Holiday? What Is An ISA? What Is The Hourly Wage For An 18 Year Old? What Is The Difference Between APR And EAR? Challenge Your Friends With The #yourmoney Fun Financial Literacy App

Date 22/12/2014

If there are any 15-19 year olds in your household over Christmas and New Year, why not get them to download the CISI new, free #yourmoney app for some fun learning challenges?

UK's Financial Conduct Authority To Regulate Seven Additional Financial Benchmarks

Date 22/12/2014

The Financial Conduct Authority (FCA) will regulate seven additional major UK-based financial benchmarks in the fixed income, commodity and currency markets from 1 April 2015. This extends the FCA’s initial regulation of LIBOR (the London Interbank Offered Rate), as introduced by HM Treasury in 2013, and implements the recommendations of the Fair and Effective Markets Review. 

Crayon Lists Its First Bond Issue On Oslo Børs

Date 22/12/2014

Crayon Group Holding AS lists its first bond issue on Oslo Børs today.

Changes To WSE Indices Effective As Of 2015

Date 22/12/2014

• WIG20 will remain the main index and the underlying of futures and options
• WSE will continue to publish WIG30 but it will not introduce to trading any derivatives based on the index
• WSE will continue to publish mWIG40 and resume the publication of sWIG80
• WSE will discontinue the publication of WIG50 and WIG250

European Supervisory Authorities Publish Final Guidelines On Consistency Of Supervisory Practices For Financial Conglomerates

Date 22/12/2014

The Joint Committee of the three European Supervisory Authorities (ESAs - EBA, ESMA and EIOPA) published today the Joint Guidelines on the convergence of practices aimed at ensuring consistency of supervisory coordination arrangements for financial conglomerates. The first Guidelines developed jointly by the three ESAs in relation to the FICOD (Financial Conglomerates Directive) aim to clarify and enhance cooperation between national competent authorities on cross-border groups that have been identified as financial conglomerates. 

Pharmaq Lists Its First Bond Issue On Oslo Børs

Date 22/12/2014

Salar BidCo AS (Pharmaq) lists its first bond issue on Oslo Børs today.