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Remarks Of CFTC Commissioner Rostin Behnam At The 56th Crop Insurance And Reinsurance Bureau Annual Meeting, Bonita Springs, Florida - Changing Weather Patterns: Risk Management For Certain Uncertain Change

Date 14/02/2020

Introduction

Good morning.  I would like to thank the Crop Insurance & Reinsurance Bureau for the invitation to be here with you in Florida to discuss some issues and initiatives I am working on related to the impact of climate change on financial markets and the challenges we are collectively facing.  I will begin with a brief overview of the Commodity Futures Trading Commission (the “CFTC” or “Commission”), then I will provide a little personal history of how I developed an interest in the impact of weather and climate change on risk management, and finally I will discuss a current initiative I am spearheading at the Commission.  Before I begin, please allow me to remind you that the views I express today are my own and do not represent the views of the CFTC or my fellow Commissioners.

Statement On Proposed Updates To The National Market System For The Collection, Consolidation, And Dissemination Of Information With Respect To Quotations For And Transactions In National Market System Stock, SEC Commissioner Elad L. Roisman, Feb. 14, 2020

Date 14/02/2020

Today, I join my fellow Commissioners in voting to propose sweeping changes to the means by which market participants receive consolidated equity market data, and to the content of “core data” itself.  I appreciate the work of the SEC staff who contributed to this proposal, particularly those in the Divisions of Trading and Markets and Economic and Risk Analysis. 

CFTC Charges Unregistered Commodity Pool Operator And Its Principal With Fraud And Misappropriation

Date 14/02/2020

The Commodity Futures Trading Commission today filed a civil enforcement action in the U.S. District Court for the Eastern District of Missouri against Joshua Christian McDonald and his company, Perfection PR Firm LLC (PPR), which operated out of California and Tennessee. The complaint charges McDonald and PPR with fraud and misappropriation related to an off-exchange foreign currency (forex) trading scheme in which they solicited funds totaling at least $440,000 from at least 12 investors, including multiple residents of Missouri.

Statement On Proposed Rule On Market Data Infrastructure, SEC Commissioner Allison Herren Lee, Feb. 14, 2020

Date 14/02/2020

I am pleased to support today’s proposed rule which represents an important step by the Commission in its ongoing efforts to ensure that the public has timely access to essential trading information.  I’m grateful to the staff, Director Redfearn, and Chairman Clayton for their commitment to this effort. 

CFTC Charges Colorado Resident With Fraud In Digital Asset-Linked Ponzi Scheme

Date 14/02/2020

The Commodity Futures Trading Commission today announced the filing of a civil enforcement action in the U.S. District Court for the District of Colorado against Breonna Clark, of Denver, Colorado, and Venture Capital Investments Ltd., a Colorado limited liability company, charging them with fraud and failing to register with the CFTC.

IIROC District Councils - Call For Nomination

Date 14/02/2020

The Nomination Subcommittee of each IIROC District Council in Canada invites Dealer Members to nominate candidates for election to the District Council in each province where the Dealer has offices.

CFTC Commitments Of Traders Update

Date 14/02/2020

The current reports for the week of February 11, 2020 are now available.

Intercontinental Exchange Announces Record Daily Trading Volume For Sugar Futures

Date 14/02/2020

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced record trading volume for its sugar futures contracts.

Finansinspektionen: Consumer Protection Report 2020

Date 14/02/2020

Credit providers must be able to access a comprehensive view of a consumer’s outstanding credit commitments before granting new loans. 

EBA Acknowledges Adoption Of Amended Supervisory Reporting Standards By The European Commission

Date 14/02/2020

The European Banking Authority (EBA) acknowledged today the adoption by the European Commission of the Implementing Act amending Regulation (EU) No 680/2014 (Implementing Technical Standards on Supervisory Reporting) with regard to COREP and FINREP changes. The Implementing Act, which is based on the final draft Implementing Technical Standards (ITS) on supervisory reporting submitted by the EBA in July 2019, was adopted by the Commission on 14 February 2020 but its publication in the EU Official Journal is still pending. The amendments to the reporting framework will apply with different reference dates due to different application dates of the underlying regulatory requirements. The first reference date, concerning COREP changes, will be 31 March 2020 (reporting framework v2.9).