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  • SGX Welcomes INTL FCStone As Derivatives Trading And Clearing Member

    Date 20/09/2019

    Singapore Exchange (SGX) today welcomed INTL FCStone Pte. Ltd. as a Trading and Clearing Member of its derivatives market.

  • FINRA EVP Of Enforcement Susan Schroeder Announces Departure

    Date 19/09/2019

    FINRA announced today that Susan Schroeder plans to leave FINRA later this year, after leading the Department of Enforcement since 2017. Schroeder led the consolidation of FINRA’s enforcement functions into a new, unified group. The consolidated enforcement team now comprises 340 employees working in New York, Rockville, and 14 district offices handling disciplinary actions from across FINRA, from potential fraud to trading-based misconduct to sales practice violations.


  • Statement On Volcker Rule Amendments, SEC Commissioner Robert J. Jackson Jr., Sept. 19, 2019

    Date 19/09/2019

    Yesterday the Commission finalized the rollback of the Volcker Rule—the risktaking limits that keep banks from gambling with taxpayer money. These limits are designed to help regulators address a basic problem of incentives: bankers, anticipating taxpayer-funded bailouts, prefer to take excessive risks to maximize their bonuses.[1] That’s why I’ve called upon my colleagues to finalize the rules required by the Dodd-Frank Act to prohibit pay practices that reward excessive risktaking. Instead, having done nothing about banker bonuses, we are weakening structural limits on risk.

  • IFC Crosses $10 Billion Threshold For Green Bond Issuance

    Date 19/09/2019

    IFC, a member of the World Bank Group, today crossed the $10 billion threshold in cumulative green bond issuance, after a trade with Japan’s Government Pension Investment Fund, GPIF.

  • CFTC Charges Trader And His Company With $7 Million Fraud

    Date 19/09/2019

    The U.S. Commodity Futures Trading Commission announced the filing of a civil enforcement action in the U.S. District Court for the Eastern District of Virginia charging Tate Street Trading, Inc. of Richmond, Va. and Leonard J. Cipolla of Chesterfield, Va. with misappropriating customer funds and fraudulent solicitation in connection with a commodity pool.  The complaint also charges Tate Street and Cipolla with failure to register as a Commodity Pool Operator (CPO) and Commodity Trading Advisor (CTA), respectively.