News Centre

Statement On Cybersecurity, SEC Chairman Jay Clayton

Date 21/09/2017

Introduction

Data collection, storage, analysis, availability and protection (including security, validation and recovery) have become fundamental to the function and performance of our capital markets, the individuals and entities that participate in those markets, and the U.S. Securities and Exchange Commission ("Commission" or "SEC").  As a result of these and other developments, the scope and severity of risks that cyber threats present have increased dramatically, and constant vigilance is required to protect against intrusions.  The Commission is focused on identifying and managing cybersecurity risks and ensuring that market participants – including issuers, intermediaries, investors and government authorities – are actively and effectively engaged in this effort and are appropriately informing investors and other market participants of these risks. 

Trading Technologies Extends TT® Platform Into Hong Kong

Date 21/09/2017

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, today announced the availability of execution and client connectivity services through the Hong Kong Exchange and Clearing (HKEX) data center via its TT® platform.

Statement On Cybersecurity, SEC Commissioner Michael S. Piwowar

Date 21/09/2017

Effective management of internal cybersecurity risk is critical to the SEC achieving its mission and to protecting the nonpublic information that is entrusted to this agency.  I commend Chairman Clayton for initiating an assessment of the SEC’s internal cybersecurity risk profile and approach to cybersecurity from a regulatory perspective.  In connection with that review, I was recently informed for the first time that an intrusion occurred in 2016 in the SEC’s Electronic Data Gathering, Analysis, and Retrieval (“EDGAR”) system.[1]  I fully support Chairman Clayton and Commission staff in their efforts to conduct a comprehensive investigation to understand the full scope of the intrusion and how to better manage cybersecurity risks related to the SEC’s operations.

SEC Chairman Clayton Issues Statement On Cybersecurity - Discloses The Commission’s Cyber Risk Profile, Discusses Intrusions At The Commission, And Reviews The Commission’s Approach To Oversight And Enforcement

Date 21/09/2017

SEC Chairman Jay Clayton today issued a statement highlighting the importance of cybersecurity to the agency and market participants, and detailing the agency’s approach to cybersecurity as an organization and as a regulatory body.

EDI Launches Alternative To NYSE Corporate Actions, By Tom Groenfeldt

Date 20/09/2017

Exchange Data International (EDI) has launched a complete replacement service for NYSE Corporate Actions at less than 50% of the redistribution costs charged by NYSE.

BEST Inc., Largest US IPO Of A Chinese Company This Year, Lists On The New York Stock Exchange

Date 20/09/2017

The American Depositary Shares of BEST Inc. (“BEST”), a leading Chinese supply chain technology firm, began trading today on the New York Stock Exchange (NYSE) under the ticker symbol “BSTI.” The company raised $450 million in gross proceeds and is the largest U.S. IPO of a Chinese firm year-to-date. GTS is the NYSE Designated Market Maker (DMM) for the company’s shares.

CFTC Swaps Report Update

Date 20/09/2017

CFTC's Weekly Swaps Report has been updated, and is now available.

Charles Asubonten Named As CFO Of CalPERS

Date 20/09/2017

The California Public Employees' Retirement System (CalPERS) named Charles A. Asubonten as its chief financial officer (CFO) to oversee all of its financial systems and risk programs of the $336 billion pension fund.

Federal Reserve Board And Federal Open Market Committee Release Economic Projections From The September 19-20 FOMC Meeting

Date 20/09/2017

The attached table and charts released on Wednesday summarize the economic projections and the target federal funds rate projections made by Federal Open Market Committee participants for the September 19-20 meeting.

European Commission - Fact Sheet - Capital Markets Union: Creating A Stronger And More Integrated European Financial Supervision

Date 20/09/2017

1. The European System of Financial Supervision (ESFS)

What is the European System of Financial Supervision (ESFS)?

The European System of Financial Supervision was set up in November 2010 in the wake of the financial crisis following the recommendations of a group of high-level experts led by Jacques de Larosière. This system was created to strengthen financial supervision, better protect European citizens and ultimately rebuild trust in the EU financial system.