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José Manuel Durão Barroso President Of The European Commission Statement By President Barroso Following The Meeting Of The Heads Of State Or Government Of The Euro Area Press Conference, Brussels, 21 July 2011

Date 21/07/2011

Good evening Ladies and Gentlemen,

You will see the very ambitious package that we have just adopted. Let me first of all inform you that tomorrow there will be Technical Briefing in the Commission (in Berlaymont) at 1 o'clock p.m., so I am not going now in details. Following the presentation made now by the President of the European Council let me highlight what I believe are the most important political aspects.

ISDA Marks First Anniversary Of Dodd-Frank Act: Clearing, Transparency Drive Improvements In OTC Derivatives Markets

Date 21/07/2011

At the first anniversary of the Dodd-Frank Act, market participants, policymakers and others are assessing the safety of the over-the-counter (OTC) derivatives markets in light of the legislation as well as efforts the industry has undertaken over the past few years in conjunction with global regulators. 

David Blass Named Chief Counsel in SEC Division Of Trading And Markets

Date 21/07/2011

The Securities and Exchange Commission today announced that David W. Blass has been named Chief Counsel and Associate Director for the SEC’s Division of Trading and Markets.

Component Changes Made To Dow Jones Emerging Markets Sector Titans Indexes

Date 21/07/2011

Dow Jones Indexes, a leading global index provider, today announced that Polyus Gold ADS (Russia, Basic Resources, PLZL.RS) will be removed from the Dow Jones Emerging Markets Basic Materials Titans 30 andDow Jones Emerging Markets Metals & Mining Titans 30 Indexes.

Deputy Secretary Of The U.S.A. Treasury Neal s. Wolin Written Testimony Before The Senate Committee On Banking, Housing, And Urban Affairs - “Enhanced Oversight After The Financial Crisis: The Wall Street Reform Act At One Year.”

Date 21/07/2011

Chairman Johnson, Ranking Member Shelby, and members of the Committee, I appreciate the opportunity to appear today and discuss the important work that has been done to rebuild and strengthen our financial system over the past year.  As this hearing commemorates, one year ago today the President signed into law a comprehensive set of reforms to the financial system, reforms which are essential to making our economy stronger and more resilient.

Testimony On “Enhanced Oversight After The Financial Crisis: The Wall Street Reform Act At One Year” By Chairman Mary L. Schapiro - U.S. Securities And Exchange Commission - Before The United States Senate Committee On Banking, Housing And Urban Affairs

Date 21/07/2011

Chairman Johnson, Ranking Member Shelby, and members of the Committee:

Thank you for inviting me to testify on the occasion of the one-year anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act” or “Act”).

Statement By IMF Managing Director Christine Lagarde On The Eurozone Leaders' Summit

Date 21/07/2011

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today in Brussels:

“The IMF welcomes the important steps taken today by the leaders of the eurozone and the EU institutions. These measures provide significant support to growth and financial stability in Greece and in the eurozone."

Deutsche Börse: Unscheduled Free Float Adjustment In SDAX - Adjustment For Elexis AG As Of 26 July 2011

Date 21/07/2011

Deutsche Börse has announced an unscheduled adjustment to the free float of Elexis AG in SDAX. Due to the takeover by SMS GmbH, the free float of Elexis AG has changed by more than 10 percentage points. According to the index guidelines, the company’s free float will thus be reduced from the current 84.9 percent to 15.54 percent.

Risk Management Supervision Of Designated Clearing Entities

Date 21/07/2011

DCEs provide multilateral clearing and settlementservices and risk management services to their par-ticipants covering a wide range of securities and derivatives transactions. DCEs play a vital role in the proper functioning  of financial markets and are increasingly important given the mandated central clearing of certain swaps and security-based swaps that is required by the Act. DCEs reduce risk and improve efficiency for their participants and the broader  financial system. At the same time, DCEs inherently concentrate and transform risks and, thus, must be well-designed and operated  in a manner that supports  the stability of the broader  financial system.

Testimony Before The U.S. House Committee On Agriculture, Washington, DC, CFTC Chairman Gary Gensler

Date 21/07/2011

Good afternoon Chairman Lucas, Ranking Member Peterson and members of the Committee. I thank you for inviting me to today’s hearing on the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). I am pleased to testify on behalf of the Commodity Futures Trading Commission (CFTC). I also thank my fellow Commissioners and CFTC staff for their hard work and commitment on implementing the legislation.