News Centre

SEC Charges Two Clinical Drug Trial Doctors With Insider Trading

Date 19/05/2014

The Securities and Exchange Commission today charged two California-based doctors with illegally trading on inside knowledge that the Food and Drug Administration (FDA) had halted the clinical trials of a new prostate cancer drug developed by biopharmaceutical company GTx Inc. 

Direct Edge Trading Notice #14-18: Market Holiday Reminder – Memorial Day

Date 19/05/2014

BATS BYX Exchange, BZX Exchange, EDGA Exchange, EDGX Exchange and BATS Options will be closed on Monday, May 26, 2014, in observance of Memorial Day.  Normal trading will resume Tuesday, May 27, 2014.

MGEX: Open Interest Number 16 On Daily Open Interest Records

Date 19/05/2014

MGEX, a Designated Contract Market (DCM) and DerivativesClearing Organization (DCO), reports open interest at number 16 on the daily Exchange open interest records. A total of five days in May are now in the top 25.

Opening Remarks Of US Treasury Under Secretary Mary Miller At The Financial Stability Oversight Council Conference On Asset Management

Date 19/05/2014

Thank you all for joining us today.  My name is Mary Miller.  I am the Under Secretary for Domestic Finance here at the Treasury Department.  I also have the pleasure of serving as the Chair of the Deputies Committee of the Financial Stability Oversight Council.  This group of senior government officials meets frequently to advance the work of the Council by overseeing ongoing projects and developing recommendations for Council members.  It is a role I take seriously, as do my colleagues on the committee with whom I am privileged to serve.

TheCityUK Responds To Banking Standards Review Report

Date 19/05/2014

Responding to today’s report from the Banking Standards Review, Chris Cummings, Chief Executive of TheCityUK, said:

“London’s globally competitive position has been secured by its reputation; partly as a well regulated, orderly market but more importantly by the probity of those who work here. Rebuilding the public’s trust and confidence in the banking sector is crucial to underpin that reputation. The Banking Standards Review’s new report sets out a course for that work which will complement the efforts already being made across the industry, and make it more transparent."

Keynote Address At Compliance Week 2014, SEC Commissioner Kara M. Stein, Washington, D.C., May 19, 2014

Date 19/05/2014

Thank you, Matt, for your kind introduction. 

Before I begin my remarks, I am required to tell you that the views I am expressing today are my own and do not necessarily reflect those of the Commission, my fellow Commissioners, or the staff of the Commission.

Global Futures & Forex, Ltd. Ordered To Pay $200,000 Penalty To Settle CFTC Charges Of Violating Minimum Financial Requirement Rules

Date 19/05/2014

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges that, between December 2010 and November 2012 (the Relevant Period), Global Futures & Forex, Ltd. (GFF), a CFTC-registered Futures Commission Merchant (FCM) and former Retail Foreign Exchange Dealer (RFED) headquartered in Grand Rapids, Michigan, failed to comply with minimum financial requirements for FCMs and RFEDs. The CFTC Order imposes a $200,000 civil monetary penalty and a cease and desist order against GFF for its violations.

S&P Capital IQ Launches New Business Line Dedicated To Standard & Poor’s Ratings Research And Integrated Solutions - Neil R. Smith Tapped To Lead S&P Credit Solutions

Date 19/05/2014

S&P Capital IQ, a business unit of McGraw-Hill Financial (NYSE:MHFI), today announced the launch of S&P Credit Solutions, a new business line that enables investors to leverage the combined data, research and analytics capabilities of both Standard & Poor’s Ratings Services and S&P Capital IQ. Neil R. Smith has joined S&P Capital IQ to lead the new business.

SIX: Changes To The Board Of Directors - New Head Of Financial Information Division

Date 19/05/2014

The General Meeting of SIX Shareholders elected Dr Patrik Gisel, Lorenz von Habsburg Lothringen and Søren Mose to the Board of Directors. They replaced Christoph Gabriel, Dr Pierin Vincenz and Eduardo Leemann, who did not stand for re-election. The Board of Directors also appointed Robert Jeanbart as Division CEO of the Financial Information business area.

EBA Publishes Revised List Of Incorrect ITS Validation Rules

Date 19/05/2014

The European Banking Authority (EBA) issued a revised list of incorrect validation rules found in its Implementing Technical Standards (ITS) on supervisory reporting. The Authority informed that data submitted in accordance with these ITS should not be validated against the previously published set of incorrect rules.