News Centre

Statement On The Proposal Of Rules Related To Registered Clearing Agencies, SEC Commissioner Kara M. Stein, Washington, D.C., March 12, 2014

Date 12/03/2014

Today, the Commission considers changes to the regulation of registered clearing agencies. I want to echo my colleagues’ thanks to the staff who have worked on this proposal, in particular Katherine Martin and Narahari Phatak.

Moscow Exchange: Settlement Of Futures And Options In March 2014

Date 12/03/2014

On 14 March 2014, futures and options will be settled via the Derivatives Market and Standard Sector's unified settlement system.

Enhancing The Stability And Safety Of Clearing Agencies - SEC Commissioner Luis A. Aguilar, SEC Open Meeting, Washington, D.C

Date 12/03/2014

About 40 years ago, Congress gave the Commission the statutory authority to facilitate the establishment of a national system for clearing and settling securities transactions.[1] With this authority, the Commission passed rules and adopted an infrastructure to register and regulate clearing agencies.[2] Today, clearing agencies play a vital role in the structural framework of the global capital markets.

Nigerian Stock Exchange (NSE), Central Bank of Nigeria (CBN) Reshape The Future Of Finance

Date 12/03/2014

The Nigerian Stock Exchange (NSE) in partnership with the country’s apex bank, the Central Bank of Nigeria (CBN) and Child and Youth Finance International (CYFI) will be hosting a series of events across the country in the second week of March 2014 to celebrate Global Money Week 2014 and help mould the future executives of Corporate Nigeria.  The financial literacy initiative involve key senior officers of The NSE, CBN and other financial powerhouses being deployed across the 36 States of Nigeria  for the school engagement activities.

SEC Charges Jefferies LLC With Failing To Supervise Its Mortgage-Backed Securities Desk During Financial Crisis

Date 12/03/2014

The Securities and Exchange Commission today charged global investment bank and brokerage firm Jefferies LLC with failing to supervise employees on its mortgage-backed securities desk who were lying to customers about pricing.

CBOE Announces April 10 Launch Date For CBOE Short-Term VIX Options With Weekly Expirations

Date 12/03/2014

Chicago Board Options Exchange® (CBOE®) today announced that it plans to launch trading of options with weekly expirations on the CBOE Short-Term Volatility IndexSM (ticker symbol: VXSTSM) on Thursday, April 10, pending regulatory approval.

FINRA Fines Triad Advisors And Securities America A Total Of $1.2 Million For Consolidated Reporting Violations

Date 12/03/2014

The Financial Industry Regulatory Authority (FINRA) announced today that it has sanctioned and fined two firms — Triad Advisors and Securities America — $650,000 and $625,000, respectively, for failing to supervise the use of consolidated reporting systems resulting in statements with inaccurate valuations being sent to customers, and for failing to retain the consolidated reports in accordance with securities laws. In addition, Triad was ordered to pay $375,000 in restitution.

CBOE Plans To Invest In Tradelegs - Software Uses Proprietary Analytics To Assist Institutional Investors In Developing Options Strategies

Date 12/03/2014

CBOE Holdings, Inc. (NASDAQ: CBOE) announced today that it plans to invest in Tradelegs, the developer of advanced decision-support software that institutional investors can employ to optimize investment performance.

Madrid Stock Exchange 2013 Ombudsman Report - Rise In Requests For Information Filed By Issuers - Which Become The 3rd Main Type Of Applicant

Date 12/03/2014

• The number of claims remains stable, at 20, while the absence of contentiousness continues
• Complaints outside the Ombudsman’s remit rise to 36% of the total

Vienna Stock Exchange Gets Off To A Strong Start In 2014

Date 12/03/2014

• In January and February, monthly trading volumes rose by more than 50% versus 2013
• Erste Bank Group, Raiffeisen Bank International and OMV are the most actively traded shares
• Current political situation in the Ukraine is fuelling uncertainty