News Centre

Canadian Securities Regulators Propose Rule Regarding Non-GAAP And Other Financial Measures

Date 06/09/2018

The Canadian Securities Administrators (CSA) today published for comment Proposed National Instrument 52-112 Non-GAAP and Other Financial Measures Disclosure (the Proposed Instrument), which establishes disclosure requirements for issuers that disclose non-GAAP and other financial measures. These measures often lack standardized meanings, resulting in potentially misleading or confusing disclosure.

SEC Charges Real Estate Broker With FCPA Violations

Date 06/09/2018

The Securities and Exchange Commission today announced settled FCPA charges against a New Jersey real estate broker arising out of his attempt to bribe a foreign official while acting as a broker for Colliers International Group, Inc.

CE Council And FINRA Request Comment On Potential Enhancements For The Securities Industry Continuing Education Program

Date 06/09/2018

The Securities Industry/Regulatory Council on Continuing Education (CE Council) is seeking comment on enhancements under consideration for the continuing education requirements for registered persons.

SEC Names Anita Bandy And Carolyn Welshhans As Associate Directors In Enforcement Division

Date 06/09/2018

The Securities and Exchange Commission today announced that Anita B. Bandy and Carolyn M. Welshhans have been named Associate Directors in the SEC’s Division of Enforcement.  In their new roles, Ms. Bandy and Ms. Welshhans will each supervise approximately 40 attorneys, paralegals, and staff responsible for investigating a wide variety of securities law violations.

TMX Group Consolidated Trading Statistics – August 2018

Date 06/09/2018

TMX Group Limited today announced August 2018 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha) and Montréal Exchange (MX).

Cboe Global Markets Reports August 2018 Trading Volume

Date 06/09/2018

Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today reported August monthly trading volume and average revenue per contract (RPC)/net revenue capture data at www.cboe.com/monthlyvolrpc.

SEC Awards More Than $54 Million To Two Whistleblowers

Date 06/09/2018

The Securities and Exchange Commission is awarding $39 million to one whistleblower and $15 million to another whose critical information and continued assistance helped the agency bring an important enforcement action.  The $39 million award is the second-largest award in the history of the SEC’s whistleblower program.

Ten Years After Lehman: How Accountants Can Make Finance Safer - Speech By Charles Randell, Chair, Financial Conduct Authority And Payment Systems Regulator, Delivered At ICAEW Canary Wharf Members’ Club

Date 06/09/2018

Highlights:

• The financial crisis raised a fundamental question for the accounting profession and for others: what are financial statements for?
• Ten years on from the height of the financial storm is a good moment to reflect on whether we have answered that fundamental question.
• Good quality financial statements are a key building block of effective prudential regulation of these firms.
• The accounting profession can help to guide firms to put business model analysis and consideration of long-term viability at the heart of their corporate reporting. 

Remarks By CFTC Chairman J. Christopher Giancarlo At The Eurofi Financial Forum, Vienna, Austria

Date 06/09/2018

Good evening.  It is my great pleasure to be here again at Eurofi.  I wish to thank David Wright, Didier Cahan and Marc Truchet for organizing once again a great conference.  Thanks also to our Austrian colleagues for their gracious hospitality.

Andrew Bailey Introductory Speech On Multilateralism And Global Coordination: A Case For Balancing Autonomy And Co-Operation In The Interests Of Financial Markets - Speech By Andrew Bailey, Chief Executive Of The FCA, At The Eurofi Financial Forum, On Multilaterialism And Global Coordination

Date 06/09/2018

Highlights

• It would be a mistake to move away from open financial markets as they are needed to support trade in goods and services.
• A commitment to cross-border cooperation allows for standards to be set domestically where international standards do not exist.
• Some in the EU are suggesting that EU financial activity must take place in the EU, at a time when other countries internationally are removing unnecessary location policies.