News Centre

Basel Committee Issues A Consolidated Version Of Its Standards

Date 09/04/2019

Today the Basel Committee on Banking Supervision launched a new section of its website that sets out a consolidated version of its global standards for the regulation and supervision of banks. The consolidated framework aims to improve the accessibility of the Basel Committee's standards and to promote their consistent global interpretation and implementation.

Nasdaq Announces End-Of-Month Open Short Interest Positions In Nasdaq Stocks As Of Settlement Date March 29, 2019

Date 09/04/2019

At the end of the settlement date of March 29, 2019, short interest in 2,357 Nasdaq Global Market^SM securities totaled 7,861,097,225 shares compared with 7,804,885,951 shares in 2,359 Global Market issues reported for the prior settlement date of March 15, 2019. The end-of-March short interest represents 4.12 days average daily Nasdaq Global Market share volume for the reporting period, compared with 3.71 days for the prior reporting period.

US Department Of Justice: Former Associate General Counsel Of Seaworld Entertainment, Inc. Pleads Guilty To Insider Trading

Date 09/04/2019

The former associate general counsel and assistant secretary of SeaWorld Entertainment Inc. (SeaWorld), a publicly traded amusement park corporation headquartered in Orlando, Florida, pleaded guilty today for his role in an insider-trading scheme.

Top 20 Firms Collected Nearly $160 Billion In Initial Margin At Year-End 2018, Survey Finds

Date 09/04/2019

ISDA has published its latest margin survey, which shows the amount of initial margin (IM) collected by the 20 largest market participants for their non-cleared derivatives trades continued to rise in 2018.

NYSE Group Consolidated Short Interest Report

Date 09/04/2019

 NYSE today reported short interest as of the close of business on the settlement date of March 29, 2019.

Digital Asset And ISDA Introduce Tool To Help Drive Adoption Of ISDA CDM

Date 09/04/2019

Digital Asset has today announced that it is working with ISDA to develop an open-source reference code library that will help derivatives market participants adopt the ISDA Common Domain Model (CDM). This new tool will assist developers in implementing the ISDA CDM in solutions for trading and managing derivatives via DAML, the smart contract language created by Digital Asset.

Office Of The Comptroller Of The Currency: Jay Gallagher And Gary Kuhlmann Named Senior National Bank Examiners

Date 09/04/2019

The Office of the Comptroller of the Currency (OCC) today designated Jay Gallagher and Gary Kuhlmann as Senior National Bank Examiners.

SEC Charges Former SeaWorld Associate General Counsel With Insider Trading

Date 09/04/2019

The Securities and Exchange Commission today charged a former senior lawyer at SeaWorld Entertainment Inc. with insider trading based on nonpublic information that the company’s revenue would be better than anticipated for the second quarter of 2018.

New York State Department Of Financial Services Grants Virtual Currency License To Bitstamp USA, Inc. - The Department’s Approval Expands New York’s Virtual Currency Market, Providing More Competition And Choice For Consumers Across The State

Date 09/04/2019

Acting Financial Services Superintendent Linda A. Lacewell today announced that the New York State Department of Financial Services (DFS) has approved the application of Bitstamp USA Inc., a subsidiary of Bitstamp Ltd., for a virtual currency license.

SECret Garden: Remarks At SEC Speaks, SEC Commissioner Hester M. Peirce, SEC Speaks 2019, Washington D.C., April 8, 2019

Date 09/04/2019

I would like to begin with the standard disclaimer plus an additional one that ties with the theme of this speech. The views I represent are my own and not necessarily those of the Commission or my fellow Commissioners. The supplemental disclaimer is that the views of the staff are not necessarily those of the Commission either.

My cousin recently reminded me of a well-known children’s book, The Secret Garden by Frances Hodgson Burnett. The book tells the story of a troubled, young girl who finds herself living with her widowed uncle and troubled cousin on an estate in the wind-swept British moors. The estate has a number of gardens, but one of them has been sealed shut for ten years. The garden is walled and any sign of the erstwhile door is obscured. Even speaking of the garden seems to be frowned upon. Without giving too much of the story away, the girl manages to find the garden door and its buried key. She shares the secret with her cousin and a friend with a green-thumb, and the garden flourishes under its new caretakers, who in turn flourish. By reminding me of this story, my cousin got me thinking about the secret gardens at the SEC, gardens that have been sealed up longer and that are not as rosy or good for the health as the one in the classic story. These gardens are the topic about which I would like to speak today.