News Centre

FIA Announces Fintech Startups Chosen For Fifth Annual Innovators Pavilion

Date 26/09/2019

SEC Retail Strategy Task Force To Host Roundtable On Combating Elder Investor Fraud

Date 26/09/2019

The Securities and Exchange Commission Retail Strategy Task Force will host a roundtable on Oct. 3 on combating elder investor fraud. The roundtable will focus on the types of fraudulent and manipulative schemes currently targeting elder investors. The roundtable also will explore views from a broad range of regulators and industry experts on potential steps regulators, broker-dealers, investment advisers, and others can take to identify and combat elder investor fraud.

B3 Announces Results Of Report Or Explain For Sustainable Development Goals (SDG)

Date 26/09/2019

B3 has announced the results of the third year of the Report or Explain for Sustainable Development Goals (SDG) initiative. This joint strategy with the Global Reporting Initiative (GRI) sets down efforts by companies listed at B3to publish sustainability or integrated reports that incorporate SDGs - 17 global goals defined in 2015 by the United Nations (UN).

SEC Charges Three Individuals With Deceiving Main Street Investors Through The Sale Of Binary Options

Date 26/09/2019

The Securities and Exchange Commission today charged three foreign individuals, Gil Beserglik, Raz Beserglik and Kai Christian Petersen, with deceiving U.S. investors, including vulnerable retirees, and causing them to lose tens of millions of dollars through fraudulent, online sales of high-risk securities known as binary options.

Government Of Union: Achieving Certainty In Cross-Border Finance - Vice Chair For Supervision And Chair Of The Financial Stability Board Randal K. Quarles - At The Financial Stability Board Workshop On Pre-Positioning, Ring-Fencing, And Market Fragmentation, Philadelphia, Pennsylvania

Date 26/09/2019

Regulatory and supervisory colleagues, members of the Financial Stability Board's (FSB) Resolution Steering Group (ReSG) and Standing Committee on Supervisory and Regulatory Cooperation (SRC), representatives from academia, and the private sector: Thank you for being here, and for taking part in today's workshop on pre-positioning, ring-fencing, and market fragmentation. I particularly want to thank Ryozo Himino, our new SRC chair, for his leadership in highlighting these issues; his remarks and efforts around market fragmentation are especially timely, as we begin the difficult task of examining the post-crisis reforms. I also want to recognize and thank Sir Jon Cunliffe, for proposing a workshop where we can explore these issues together; as he recently said, quoting Ben Franklin, "we must all hang together, or most assuredly, we shall all hang separately." Finally, I want to thank the leadership and staff of the Federal Reserve Bank of Philadelphia, for not just accommodating us, but making us feel welcome in the nation's first capital.

Keynote Address Of CFTC Commissioner Dan M. Berkovitz At ISDA’s 2019 Annual North America Conference, September 26, 2019

Date 26/09/2019

Good afternoon and thank you for the warm welcome.  I would like to thank Scott O’Malia and ISDA for inviting me to speak at this event.  I am pleased to be here at the one-year anniversary of my having joined the CFTC as a Commissioner.  It also is the ten-year anniversary of the G20 Summit in Pittsburgh where global leaders adopted many of the financial regulatory principles that still guide our work today.  This is a good time to take stock of how far the Commission and the global derivatives industry have come in recent years, and to highlight what I see as an opportunity to facilitate more effective and efficient compliance.

American Financial Exchange (AFX) Announces People’s Bank Of Seneca As The First Native-American Minority-Owned Bank To Join Exchange

Date 26/09/2019

American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American financial institutions, announced today that People’s Bank of Seneca headquartered in Seneca, Missouri, has joined the Exchange.  People’s Bank of Seneca is the first Native American minority-owned bank to become a member of the AFX.

EDM Council Partners With Solidatus To Offer Advanced Knowledge Modeling Tool For DCAM V2

Date 26/09/2019

EDM Council, the cross-industry trade association for data management, has partnered with Solidatus, the leading data lineage and business relationship modeling solution, to provide EDM Council members with a DCAM® (Data Management Capability Assessment Model) Knowledge Modeling tool. The models enable chief data officers and their organizations to more effectively manage their data supply chain and conform with regulatory, data privacy and other business process requirements. Consequently, this enables companies to deliver their data management capability roadmap while accelerating value delivery from their data assets.

Make It Work, Make It Right (Fast, Easy, Secure), And Make It Last, By Kelvin To, Founder And President Of Data Boiler Technologies

Date 26/09/2019

In my comment to the SEC last year, I recommended requiring the Exchanges to spin-off their data and technology business. It would limit their economy of scope and urge them to refocus on the economy of scale in the listing and trading business. The fairness of this mutually exclusive approach is based on trust that the market can best determine the worthiness of these data and technology businesses.

ACER Publishes Its Analysis On Tariff Code Implementation For Gas In Estonia

Date 26/09/2019

The EU Agency for the Cooperation of Energy Regulators (ACER) has published its 22nd Report on the implementation of the Network Code on Harmonised Transmission Tariff Structures for Gas, which presents the analysis of the Agency for the transmission system of Estonia.