News Centre

UK Financial Conduct Authority Confirms Biggest Shake-Up To The Overdraft Market For A Generation

Date 07/06/2019

The Financial Conduct Authority (FCA) has today confirmed it is introducing reforms to fix a dysfunctional overdraft market. These changes will make overdrafts simpler, fairer, and easier to manage and will protect the millions of consumers that use overdrafts, particularly more vulnerable consumers. The changes represent the biggest overhaul to the overdraft market for a generation.

Japan's Financial Services Agency: G20 High-level Symposium On Aging And Financial Inclusion (GPFI Forum) - Remarks By Deputy Prime Minister Taro Aso

Date 07/06/2019

Good morning.

I would like to express my heartfelt welcome to you all to the G20 High-level Symposium on Aging and Financial Inclusion, or the GPFI Forum.

Statement At The Open Meeting On Regulation Best Interest And Related Actions, SEC Commissioner Hester M. Peirce, June 5, 2019

Date 06/06/2019

The anticipation that led up to this week was almost palpable. We all have been waiting for this moment for a long time. Some people doubted that it would ever come. Many others speculated about when it would happen. Waiting for the day to arrive took every ounce of patience from many spectators. It seemed it would never come. So intense was the interest that news was leaked out early to the press that the day was finally upon us. Was it really true that the wait was over? Yes, the much anticipated event did actually take place. On Monday, James Holzhauer’s amazing 32-game, nearly $2.5 million winning streak on Jeopardy! finally came to an end.

Ontario Securities Commission Takes Action To Reduce Burden For Mining Issuers

Date 06/06/2019

The Ontario Securities Commission (OSC) announced today that, effective immediately, mining issuers can request reviews of public technical disclosure before filing a preliminary short form prospectus. Mining issuers represent the largest population of Ontario head office reporting issuers, and this development will allow for material comments to be resolved promptly.  

SEC: David Peavler Named Director Of Fort Worth Office

Date 06/06/2019

The Securities and Exchange Commission today announced that David L. Peavler has been named Director of the Fort Worth Regional Office.

CFTC Staff Issues No-Action Relief From Uncleared Swap Margin Rule For Certain Amendments To Legacy Swaps

Date 06/06/2019

The Commodity Futures Trading Commission’s (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) today announced it will provide no-action relief to permit certain amendments to legacy swaps without losing their status as legacy swaps. 

Federal Reserve Board Announces Termination Of Enforcement Action Against JPMorgan Chase & Co. From January 2013

Date 06/06/2019

The Federal Reserve Board on Thursday announced the termination of an enforcement action against JPMorgan Chase & Co. from January 2013.

Ontario Securities Commission Requests Members For Market Structure Advisory Committee

Date 06/06/2019

The Ontario Securities Commission (OSC) is inviting applications for membership on its Market Structure Advisory Committee (MSAC).
 

Alberta Securities Commission Focuses On Empowering Seniors In June - Nearly 40 Per Cent Of Albertans Age 55+ Believe They Have Been Approached With A Potentially Fraudulent Investment

Date 06/06/2019

The Alberta Securities Commission (ASC) has launched a month-long senior outreach campaign across Alberta to recognize Seniors Month (June) and World Elder Abuse Day (June 15, 2019). Nearly 40 per cent of Albertans age 55+ believe they have been approached with a potentially fraudulent investment, as identified in an Investor Index Study commissioned by the ASC. The ASC’s campaign is focused on empowering seniors to improve their financial literacy, recognize the signs of investment fraud, empower them to make wise investment decisions and encourage all Albertans to be aware of the signs and symptoms of elder financial abuse.

BOX Exchange: $1 Strike Intervals Above $200 On Options On QQQ And IWM ETFs

Date 06/06/2019

BOX Exchange LLC (“BOX”) recently filed to amend BOX Rule IM-5050-1 to allow $1 strike intervals above $200 on options on certain Exchange Traded Funds (“ETFs”). The filing is now effective.