News Centre

Statement At Open Meeting On Re-Opening Comment Period For Capital, Margin, And Segregation Requirements For Security-Based Swap Dealers And Major Security-Based Swap, SEC Commissioner Hester M. Peirce, Oct. 11, 2018

Date 11/10/2018

Thank you, Brett, for your presentation. And I would like to express my thanks to all of the staff who worked on this release.

CFTC: Federal Court In Chicago Enters $14 Million Judgment Against Options Trader For Fraudulent Options Scheme

Date 11/10/2018

The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge John Robert Blakey of the U.S. District Court for the Northern District of Illinois entered a Consent Order for Permanent Injunction (Consent Order), which resolves charges against Defendant Thomas C. Lindstrom, of Winnetka, Illinois, for engaging in fraud in connection with his trading of options on 10-year U.S. Treasury note futures (T-Note Options).

Statement On Re-Opening The Comment Period For Capital, Margin, And Segregation Requirements For Security-Based Swap Dealers And Major Security-Based Swap Participants And Capital Requirements For Broker-Dealers, SEC Commissioner Elad L. Roisman, Oct. 11, 2018

Date 11/10/2018

Thank you, Chairman Clayton. I am proud to support this sensible recommendation at my first open meeting as an SEC Commissioner.

FinCEN Issues Advisory On The Iranian Regime’s Illicit and Malign Activities And Attempts To Exploit The Financial System

Date 11/10/2018

The Financial Crimes Enforcement Network (FinCEN) issued an advisory today to help financial institutions better detect and report potentially illicit transactions related to the Islamic Republic of Iran.  The advisory is also intended to help foreign financial institutions better understand the obligations of their U.S. correspondents, to avoid exposure to U.S. sanctions, and to address the Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) risks that Iranian activity poses to the international financial system.  The advisory provides information on the threats the Iranian regime poses to the U.S. financial system as well as to institutions that have correspondent banking relationships with U.S. financial institutions, describes deceptive financial strategies that the Iranian regime uses to evade sanctions, and provides red flag indicators related to specific malign activities and typologies.

SEC’s New Strategic Plan Puts Investors, Innovation, And Performance At Top

Date 11/10/2018

The Securities and Exchange Commission today announced a new strategic plan to guide the agency’s work over the next four years with a primary focus on investors, innovation, and performance. The plan’s goals reflect the agency’s commitment to its longstanding mission while leveraging the opportunities and addressing the challenges that come from fast-evolving markets, products and services.

IMFC Statement Of US Treasury Secretary Mnuchin October 2018

Date 11/10/2018

U.S. Treasury Secretary Steven T. Mnuchin issued the following statement at the International Monetary Fund Conference:

“I am pleased to have the opportunity to discuss global economic developments at the IMF and World Bank Annual meetings in Bali.  Global growth is stronger than it has been since the financial crisis, and our challenge now is to both build on that momentum and help ensure growth brings prosperity to all of our citizens.  Countries should take steps to address underlying vulnerabilities amid global financial conditions that have increasingly divergent effects on their economies."

Statement On Commission Action Regarding Capital, Margin, And Segregation Requirements For Security-Based Swap Dealers And Major Security-Based Swap Participants And Capital Requirements For Broker-Dealers, SEC Commissioner Kara M. Stein, Oct. 11, 2018

Date 11/10/2018

I want to join the Chairman in thanking the staff for the hard work that went into this release. In particular, I would like to thank Mike Macchiaroli, Tom McGowan, Randall Roy, Ray Lombardo, Sheila Swartz, Tim Fox, and Valentina Deng from the Division of Trading and Markets.

Dow Jones Industrial Average Falls 545.91 Points, 2.13 Percent, To 25,052.83

Date 11/10/2018

U.S. stocks tumbled a second day, with the Dow Jones Industrial Average falling by more than 500 points, the S&P 500 down 2 percent and Nasdaq down by 1.2 percent.

Statement On Re-Opening Comment Period For Capital/Margin/Segregation For Security-Based Swap Dealers, SEC Commissioner Robert J. Jackson Jr., Oct. 11, 2018

Date 11/10/2018

Thank you, Mr. Chairman, and thank you to my colleague Commissioner Peirce and the terrific Staff in the Division of Trading and Markets for all of the hard work that so clearly went into this proposal. I’m especially grateful to Tom McGowan from Trading and Markets and Meredith Mitchell from our Office of General Counsel for being so patient with me and my office throughout this process.

Autorité Des Marchés Financiers: Findings Of A Thematic Review Of The Investment Risk Classification Methodology

Date 11/10/2018

The AMF has published the notice relating to the findings of a thematic review of the investment risk classification methodology (pdf - 65 KB)This link will open in a new window.