News Centre

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.

CME Group Inc. Announces Third-Quarter 2019 Earnings Release, Conference Call

Date 19/09/2019

CME Group Inc. will announce earnings for the third quarter of 2019 before the markets open on Wednesday, October 30, 2019. Written highlights for the quarter will be posted on its website at 6:00 a.m. Central Time, the same time it provides its earnings press release. The company will hold an investor conference call that day at 7:30 a.m. Central Time, at which time company executives will take analysts' questions. 

Moscow Exchange: Risk Parameters Change On Securities market

Date 19/09/2019

CCP NCC is changing PcH_max parameter value that defines price up limit for MISB shares on Securities market starting from September 20, 2019:

Autorité Des Marchés Financiers Publishes Annual Summary Of Corporate Finance Oversight And Regulatory Activities

Date 19/09/2019

The Autorité des marchés financiers (the “AMF”) today published its annual Summary of Oversight and Regulatory Activities (pdf - 4 MB)This link will open in a new window, which details the key initiatives of the Direction principale du financement des sociétés (“Corporate Finance”) for the 2018-2019 financial year.

The Updated Coefficients For Moscow Exchange Indices To Come Into Force

Date 19/09/2019

The following coefficients for Moscow Exchange indices come into force from September 20, 2019:

Martin Noréus Resigns From Finansinspektionen

Date 19/09/2019

FI’s Deputy Director General and Executive Director of Banking, Martin Noréus, has resigned from his position at FI to become Chief Compliance Officer at Handelsbanken.

DIFC Soars To Number Eight Amongst Global Financial Powerhouse

Date 19/09/2019

• Maktoum bin Mohammed: Dubai’s steady ascent in rankings driven by DIFC’s remarkable success in building an ecosystem that fosters financial industry growth
• Dubai recognised as a top ten financial centre in Global Financial Centres Index for its role in contributing to the development of the regional economy and identifying new pathways to boost the financial technology sector
• Latest testament to the Centre’s dynamic and robust ecosystem which continues to disrupt the financial innovation sector and deliver exponential growth

SEC Adopts New Rules And Amendments Under Title VII Of Dodd-Frank

Date 19/09/2019

The Securities and Exchange Commission today announced that it took a significant step toward establishing the regulatory regime for security-based swap dealers by adopting a package of rules and rule amendments under Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). These actions establish recordkeeping and reporting requirements for security-based swap dealers and major security-based swap participants and amend the recordkeeping and reporting requirements for broker-dealers. Under these rules, these companies will be required to create and retain fundamental business records to document and track their operations, facilitating the Commission's ability to monitor compliance and reducing risk to the market.

Moscow Exchange: Final Settlement Prices Determined For September MOEX Index Futures

Date 19/09/2019

Update To June 2019 Joint Statement On Opportunistic Strategies In The Credit Derivatives Market, SEC Chairman Jay Clayton, Sept. 19, 2019

Date 19/09/2019

On the 24th of June 2019, the Chairmen of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission, along with the Chief Executive of the U.K. Financial Conduct Authority, released a joint statement on opportunistic strategies in the credit derivatives markets (the Joint Statement).  The Joint Statement outlined mutual concerns about the pursuit of these strategies and the adverse impact they may have on the integrity, confidence and reputation of the credit derivatives markets, as well as markets more generally.  These opportunistic strategies include, but are not limited to, what have been referred to as ‘manufactured credit events’ or ‘narrowly tailored credit events’.