News Centre

CalPERS: Réal Desrochers Leaving Private Equity Program - Investment Director Sarah Corr To Take Over As Interim Head

Date 05/04/2017

The California Public Employees' Retirement System (CalPERS) said today that Réal Desrochers, managing investment director of the CalPERS Private Equity program, is leaving the pension fund to take a position with a large overseas bank.

SEC Adopts Jobs Act Amendments To Help Entrepreneurs And Investors

Date 05/04/2017

The Securities and Exchange Commission today announced that it has adopted amendments to increase the amount of money companies can raise through crowdfunding to adjust for inflation.  It also approved amendments that adjust for inflation a threshold used to determine eligibility for benefits offered to “emerging growth companies” (EGCs) under the Jumpstart Our Business Startups (JOBS) Act.

BGC Partners' First Quarter 2017 Financial Results Announcement To Be Issued Prior To Market Open On Thursday, May 4, 2017 - Conference Call Scheduled For The Same Day At 10:00 A.M. ET

Date 05/04/2017

BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" , "BGC", or the "Company"), a leading global brokerage company servicing the financial and real estate markets, today announced that it plans to issue an advisory press release regarding the availability of its consolidated quarterly financial results by 8:00 a.m. ET on Thursday, May 4, 2017.

Remarks At The Meeting Of The Equity Market Structure Advisory Committee, SEC Commissioner Kara M. Stein, April 5, 2017

Date 05/04/2017

Good morning and welcome to this meeting of the Equity Market Structure Advisory Committee. Today’s agenda covers recommendations that have come from the hard work of two of the Advisory Committee’s subcommittees.

CFTC Financial Data For Futures Commission Merchants Update

Date 05/04/2017

Futures commission merchants (FCMs) and retail foreign exchange dealers (RFEDs) must file monthly financial reports with the CFTC's Division of Swap Dealer and Intermediary Oversight (DSIO) within 17 business days after the end of the month. Selected financial information from these reports is published below. The most recent month-end information generally is added within 12 business days after FCMs and RFEDs file their reports, but occasionally may be added later. For example:  The 17th business day filing “due date" for February 28, 2015 financial reports was March 25, 2015.  The 12 business day target for posting these data was April 10, 2015.

TMX Group Consolidated Trading Statistics - March 2017

Date 05/04/2017

TMX Group Limited today announced March 2017 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha), Montréal Exchange (MX) and NGX.

CFTC Swaps Report Update

Date 05/04/2017

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

Office Of Financial Research Update - Europe’s CoCos Provide A Lesson On Uncertainty

Date 05/04/2017

The OFR posted a research paper today, entitled, “Europe’s CoCos Provide a Lesson on Uncertainty.” European banks issue contingent convertible bonds. These bonds can force investors to absorb losses when a bank is under stress. In the working paper, the authors find that heightened uncertainty about discretion by banks about when to make payments to investors and by regulators about when to trigger a loss absorption mechanism worsened price declines in a stressed market.

Minutes Of The Federal Open Market Committee, March 14-15, 2017

Date 05/04/2017

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on March 14-15, 2017. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the meeting is also included as an addendum to these minutes.

SIFMA Statement On DOL's 60-Day Delay Of The Fiduciary Rule

Date 05/04/2017

SIFMA today issued the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on the Department of Labor's final rule to delay the fiduciary rule for 60 days:

"We welcome the Department of Labor's 60-day delay of the fiduciary rule to avoid customer confusion and market disruption, and comply with the President's request that the Department undertake a wholesale review of the rule's consequential impacts on investors."