News Centre

Statement Of CFTC Commissioner Dan M. Berkovitz On Proposed Amendments To Part 39: Derivatives Clearing Organization General Provisions And Core Principles

Date 29/04/2019

Introduction

I support issuing for public comment the notice of proposed rulemaking (“NPRM”) to amend certain provisions of Part 39 of the Commission’s regulations governing derivatives clearing organizations (“DCOs”).  Part 39 generally covers registration and regulation of DCOs that centrally clear futures, options, and swaps regulated by the Commission.

Principal Deputy Assistant Secretary Michael Faulkender Economy Statement For The Treasury Borrowing Advisory Committee Of The Securities Industry And Financial Markets Association

Date 29/04/2019

Sixteen months after the passage of the Tax Cuts and Jobs Act (TCJA), the U.S. economy continues to reap significant benefits from this legislation, as well as from regulatory tailoring and other measures the Administration has undertaken to boost private investment, productivity, labor force participation, wages, and growth. The advance estimate for real GDP in the first quarter of 2019 showed economic growth increasing at an annual rate of 3.2 percent, considerably higher than market expectations. This acceleration followed growth of 3.0 percent over the four quarters of 2018 – which was the fastest pace since 2005. As of late April, the consensus of private forecasts for real GDP growth in Q1 underestimated the actual outturn by more than one-half percentage point, so it is possible that the private consensus estimate of 2.6 percent growth in the second quarter could be revised upward.

CFTC Commissioner Behnam Statement On Passing of Bart Chilton

Date 29/04/2019

Commodity Futures Trading Commission (CFTC) Commissioner Rostin Behnam issued the following statement on the passing of former Commissioner Bart Chilton:

“Commissioner Chilton was a true public servant and man of the people.  Serving in numerous capacities over many decades, Bart personified a passionate commitment to protecting and empowering consumers and the public interest while moving the economy forward.  He was a friend, an advocate, and as genuine as one can get.  I will miss him dearly.  His legacy and the positive impacts he has had on the CFTC and financial markets will live on forever.” 

MIAX Options - May 1, 2019 Fee Changes

Date 29/04/2019

A summary of the May 1, 2019 transaction fee changes is attached.  For full details, please review the May 1, 2019 MIAX Options Fee Schedule posted on the MIAX website at www.miaxoptions.com/fees.

CFTC Chairman Giancarlo, Commissioners Behnam, Berkovitz, Quintenz And Stump to Participate At FIA’s 41st Annual Law & Compliance Division Conference

Date 29/04/2019

SEC Announces Fraud Charges In Ticket Resale Investment Scam

Date 29/04/2019

The Securities and Exchange Commission today charged a New York City man with continuing a previously charged scheme, stealing millions of dollars from investors who were allegedly falsely promised their funds would be used for the purchase and resale of tickets to Broadway shows and a sporting event.

CFTC Commissioner Stump Statement On Passing Of Bart Chilton

Date 29/04/2019

Commodity Futures Trading Commission (CFTC) Commissioner Dawn D. Stump issued the following statement on the passing of former Commissioner Bart Chilton:

“I first came to know Bart Chilton while working on the 2002 Farm Bill.  We were of different political parties and different negotiating teams but I was always struck by his strategic acumen.  I will miss the passion he brought to each and every conversation during our 15+ year friendship, including his encouragement on my own career journey to the CFTC.”

Statement Of CFTC Chairman J. Christopher Giancarlo On Proposed Rule Amendments To Certain Regulations Applicable To Registered Derivatives Clearing Organizations

Date 29/04/2019

Swaps clearing is among the most sweeping and significant of the swaps reforms adopted by the Dodd-Frank Act.  By any measure, the CFTC’s swaps clearing regime has been robust and highly successful.

FTSE Russell Launches US Municipal Bond Index

Date 29/04/2019

• New index designed to measure the US municipal tax-exempt, investment grade bond market, which is one of the largest bond markets in the world
• Represents an important addition to the growing global FTSE fixed income index family
• Leverages FTSE Russell’s long-standing relationship with Refinitiv, which will supply bond pricing for the index
• Incorporates extensive feedback from market participants on design and methodology
• Supported by a comprehensive suite of analytics calculated by The Yield Book and based off the widely used MMD curve

SIX Swiss Stock Exchange: Improving Execution

Date 29/04/2019