News Centre

Shenzhen Stock Exchange Complete The 3rd Round Of Rationalization On Proceeding Of Examination, Verification And Registration

Date 18/07/2013

Recently, Shenzhen Stock Exchange (SZSE) completed the 3rd round of rationalization of proceeding regarding examination, verification and registration, and disclosed List of Proceeding of Examination, Verification and Registration and Guidelines on Handling Proceeding of Examination, Verification and Registration. The move is in response to State Council’s instruction of ‘deepening the reform on administrative examination and approval system, and continued simplification of administration and decentralization ’, and also an attempt to further improve the quality, efficiency and transparency of self-discipline, supervision and services.

SEC Obtains $13.9 Million Penalty Against Rajat Gupta

Date 17/07/2013

The Securities and Exchange Commission today obtained a $13.9 million penalty against former Goldman Sachs board member Rajat K. Gupta for illegally tipping corporate secrets to former hedge fund manager Raj Rajaratnam. Gupta also is permanently barred from serving as an officer or director of a public company.

CSA Requirements To Improve Disclosure For Investors Are Now In Effect

Date 17/07/2013

The Canadian Securities Administrators (CSA) are delivering on their investor protection commitments with new disclosure requirements that will provide investors with clear and meaningful information about their investments. The amendments to National Instrument 31-103Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI 31-103) are now in effect, with key elements being phased in over three years to allow industry sufficient time to meet the new requirements. 

Federal Reserve Governor Sarah Bloom Raskin At The The Exchequer Club Luncheon, Washington, D.C. - Beyond Capital: The Case For A Harmonized Response To Asset Bubbles

Date 17/07/2013

Thank you for inviting me to speak to you this afternoon.1 I'm honored to have the chance to be with so many former colleagues and friends. As I look around this room, I'm reminded of your efforts and the variety of perspectives that you have brought, over the years, to the endeavor of financial regulation. I'm reminded of the contributions you have made to the richness of these debates and tasks.

Board Of Directors Approves BM&FBOVESPA’s Sustainability Policy

Date 17/07/2013

BM&FBOVESPA’s Board of Directors has approved the company’s Sustainability Policy. The Policy is structured into four pillars for action – Market, Environmental, Social, and Corporate Governance – covering both internal management and relations with the company’s various stakeholder groups. 

SIFMA President Kenneth E. Bentsen, Jr. Testifies On CEA Reauthorization

Date 17/07/2013

SIFMA President Kenneth E. Bentsen, Jr. today testified before the Senate Agriculture Committee on reauthorization of the Commodity Exchange Act.

"SIFMA supports many of the goals of Dodd-Frank's Title VII with respect to swaps," Bentsen said in written testimony. "However, we remain concerned about how regulators, especially the CFTC, are interpreting and implementing many of these provisions.  Indeed, in a few instances we also believe it is necessary that Congress amend the Act, as some provisions are duplicative and, at times, counterproductive."

Irish Stock Exchange Launches Guide To REITs

Date 17/07/2013

The Irish Stock Exchange (“ISE”) has today launched a Guide to REITs (“Guide”) for retail investors.

Trust In Global Financial Institutions In Second Quarter 2013 Diverges Across Regions But Remains Steady Overall - Quarterly TRust Index Leverages Proprietary Data, Analytics, News And Social Media Sentiment

Date 17/07/2013

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced the second quarter results from its proprietary TRust Index that measures trust in the top 50 global financial institutions. The second quarter data shows that, despite regional variations, trust and confidence in financial institutions remained relatively stable over the quarter.

IMF Executive Board Concludes 2013 Article IV Consultation With The United Kingdom

Date 17/07/2013

FINRA Commences Market Surveillance Of Direct Edge Exchanges

Date 17/07/2013

This Regulatory Notice (the “Notice”) serves to inform Members of EDGA Exchange, Inc.SM and EDGX Exchange, Inc.SM (together, ”Direct Edge®”) that beginning on Monday, July 1, 2013, the Financial Industry Regulatory Authority, Inc. (“FINRA”) assumed responsibility for performing market surveillance services on behalf of Direct Edge.  During a two to three month transition period, Members may receive surveillance inquiries from the International Securities Exchange LLC, Direct Edge’s previous provider of market surveillance services, as well as FINRA.