News Centre

NZX Partners With EEX To Pursue Carbon Market Opportunities

Date 09/12/2019

NZX and the European Energy Exchange (EEX) today announced a Co-operation Agreement with a focus on securing new opportunities in the New Zealand carbon market.

SEC: Former Congressman And Two Others Settle Insider Trading Charges

Date 09/12/2019

The Securities and Exchange Commission announced today settlements with former U.S. Rep. Christopher Collins, his son Cameron Collins, and Stephen Zarsky, all of whom were charged with insider trading and pleaded guilty to related criminal charges. The settlements, which are subject to court approval, bar Christopher Collins from serving as an officer or director of a public company and require Cameron Collins and Stephen Zarsky to disgorge the losses they avoided as a result of their insider trading.

Successful Roll-Out Of Euronext Derivatives Markets To Optiq® Trading Platform

Date 09/12/2019

Euronext, the leading pan-European exchange, today announces the successful completion of the roll-out of its Derivatives market to its proprietary multi-market trading technology, Optiq® already powering its Cash Markets. This step was the last one of the full migration of Euronext’s trading systems to Optiq®.

NYSE Group Announces 2020, 2021 And 2022 Holiday And Early Closings Calendar

Date 09/12/2019

NYSE Group announced today the 2022 holiday calendar and early closing dates for its cash equity markets: New York Stock Exchange, NYSE American, NYSE Arca Equities, NYSE Chicago, and NYSE National, as well as the NYSE American Options, NYSE Arca Options and NYSE Bonds markets. The 2020 and 2021 holiday and early closing dates are also set forth below.  

Remarks Before The 2019 AICPA Conference On Current SEC And PCAOB Developments, Nipa Patel Professional Accounting Fellow, Office Of The Chief Accountant

Date 09/12/2019

Good Morning.  It’s a pleasure to be here today to speak with you on a few topics related to audit standard setting.  You have heard from members of the Office of the Chief Accountant (“OCA”) over the years speak to the important role that the independent auditor plays in the financial reporting ecosystem.  An audit of the financial statements enhances the reliability of financial information.  Audit quality, both domestically and internationally, is a critical element driving this continued reliability.  With this in mind, I’d like to spend a few minutes discussing the role of the Commission with regard to PCAOB standard-setting and follow with the existing governance structure for audit-related standard setting[1] at an international level, including its relevance to the U.S. investor community.  

SEC: Jefferies To Pay Nearly $4 Million For Improper Handling Of ADRs

Date 09/12/2019

The Securities and Exchange Commission today announced that broker-dealer Jefferies LLC will pay nearly $4 million to settle charges of improper handling of “pre-released” American Depositary Receipts (ADRs).  

Statement From Federal Reserve Chair Powell On The Death Of Paul A. Volcker

Date 09/12/2019

I am deeply saddened by the passing of Paul Volcker. He believed there was no higher calling than public service. His life exemplified the highest ideals–integrity, courage, and a commitment to do what was best for all Americans. His contributions to the nation left a lasting legacy. My colleagues and I at the Federal Reserve mourn this loss and send our condolences to his family.

EBA Updates Its Guidelines For The Reporting Of Funding Plans

Date 09/12/2019

• The updated guidelines include harmonised definitions and templates that increase comparability and deliver better data quality.
• The changes provide a deeper insight into bank’s funding plans, increase efficiency, facilitate the implementation and reduce reporting costs.
• Proportionality will reduce the reporting burden for small and non-complex institutions.

Statement In Connection With The 2019 AICPA Conference On Current SEC And PCAOB Developments, Sagar Teotia, Chief Accountant, Washington D.C., Dec. 9, 2019

Date 09/12/2019

Background and Role of the Office of the Chief Accountant

The federal securities laws establish the authority of the Securities and Exchange Commission to set accounting, auditing, and independence standards to be followed in the preparation and the audit of general-purpose financial statements of public companies. 

Risk Parameters Change On Securities Market - Update 1

Date 09/12/2019

CCP NCC sets the following risk parameters on Securities market starting from December 11, 2019: