News Centre

Remarks At SEC Open Meeting - Promoting Investor Protection In Small Business Capital Formation - SEC Commissioner Luis A. Aguilar, U.S. Securities and Exchange Commission, Washington, D.C., Dec. 18, 2013

Date 18/12/2013

Today, the Commission proposes rules to implement Title IV of the JOBS Act. As mandated by that Act, the proposed rule would allow companies to issue a class of securities that are exempted from the registration and prospectus requirements of the Securities Act, provided that certain conditions are met. This is the third major rulemaking undertaken by the Commission to comply with the JOBS Act since its adoption last year.

CBOE Holdings Announces Date Of Fourth-Quarter 2013 Earnings Release And Conference Call

Date 18/12/2013

CBOE Holdings, Inc. (NASDAQ: CBOE) will announce financial results for the fourth quarter of 2013 before the market opens on Friday, February 7, 2014.  A conference call with remarks by CBOE Holdings, Inc. senior management will begin at 7:30 a.m. Central Time.  A presentation will be referenced during the call and will be available on the Investor Relations section of our website at http://ir.cboe.com under Events and Presentations.

Central Securities Depositaries: Commissioner Barnier Welcomes Provisional Agreement In Trilogue

Date 18/12/2013

"I welcome the provisional agreement reached this morning between the European Parliament and the EU Member States on new rules on securities settlement and central securities depositaries (CSDs) in the EU. Settlement is a very important process for securities markets and for the financing of our economy. The numbers speak for themselves: in the European Union, transactions worth over one quadrillion euro were settled by CSDs in last two years. This agreement will ensure that settlement is carried out in a safer and more efficient manner. I would like to thank the European Parliament, especially the rapporteur, Kay Swinburne, and the shadow rapporteurs; and the Council especially the Lithuanian Presidency and the previous Irish, Cypriot and Danish Presidencies for their work on reaching this agreement. I hope that the remaining technical work can be finalised as soon as possible under the Greek Presidency so that these new rules can be formally adopted by the co-legislators."

Federal Court In Florida Orders More Than $8 Million In Sanctions Against Defendants Philip Leon And Paul Rangel For Commodity Pool Fraud And Misappropriation - In A Parallel Criminal Action, Leon Pleaded Guilty To Mail And Wire Fraud

Date 18/12/2013

The U.S. Commodity Futures Trading Commission (CFTC) obtained federal court Orders requiring Defendants Philip Leon, of Altamonte Springs, Florida, to pay a $4 million civil monetary penalty and $1,598,343 in disgorgement and Paul Rangel, of Apopka, Florida, to pay a $1.7 million civil monetary penalty and $819,781 in disgorgement to settle CFTC charges related to a fraudulent commodity pool scheme. The consent Orders of permanent injunction, both entered on December 17, 2013 by Judge Gregory A. Presnell of the U.S. District Court for the Middle District of Florida, also impose permanent trading and registration bans against Leon and Rangel and prohibit them from violating provisions of the Commodity Exchange Act and a CFTC Regulation, as charged.

Council Of The European Union: Lithuanian Presidency Reaches Political Agreement On The Regulation On Central Securities Depositories

Date 18/12/2013

The Lithuanian Presidency has on December 18 in Brussels reached a preliminary political agreement with the European Parliament on the Regulation on improving securities settlement in the EU and on central securities depositories, pending technical finalisation.

CFTC Commitments Of Traders Reports Update

Date 18/12/2013

The current reports for the week of December 10, 2013 are now available.

IntercontinentalExchange Announces 2013 Achievements - NYSE Leads In Capital Raised, Total IPOs And Technology IPOs - Third Consecutive Year as Global Leader in IPOs - $59B Total Proceeds Raised - 157 IPOs, Most Since 2007

Date 18/12/2013

Federal Reserve Issues FOMC Statement

Date 18/12/2013

Information received since the Federal Open Market Committee met in October indicates that economic activity is expanding at a moderate pace. Labor market conditions have shown further improvement; the unemployment rate has declined but remains elevated. Household spending and business fixed investment advanced, while the recovery in the housing sector slowed somewhat in recent months. Fiscal policy is restraining economic growth, although the extent of restraint may be diminishing. Inflation has been running below the Committee's longer-run objective, but longer-term inflation expectations have remained stable.

Federal Reserve Board And Federal Open Market Committee Release Economic Projections From The December 17-18 FOMC Meeting

Date 18/12/2013

The attached table and charts released on Wednesday summarize the economic projections and the target federal funds rate projections made by Federal Reserve Board members and Federal Reserve Bank presidents for the December 17-18 meeting of the Federal Open Market Committee.

European Banking Authority Publishes Reports On Comparability Of Risk Weighted Assets (RWAs) And Pro-Cyclicality

Date 18/12/2013

In the context of its ongoing work on comparability of RWAs, the European Banking Authority (EBA) published today three reports: (i) an interim report on the consistency of RWAs in SMEs and residential mortgages portfolios; (ii) a report on the comparability of supervisory rules and practices; and (iii) a report on variability of RWAs for market risk portfolios. Furthermore, the EBA also released its report on the pro-cyclicality of banks' capital requirements, which supplements the work on comparability, together with a summary report that compiles all the work on comparability of RWAs for IRB models.