News Centre

Consolidated Audit Trail (“CAT”) Clock Synchronization Requirements

Date 10/03/2017

On November 15, 2016, the Securities and Exchange Commission (“SEC”) approved the National Market Plan Governing the Consolidated Audit Trail (the “CAT NMS Plan” or the “Plan”). Pursuant to the CAT NMS Plan, each national securities exchange and the Financial Industry Regulatory Authority, Inc. (“FINRA”) (each, a “Participant” in the Plan) has filed with the SEC a compliance rule series that requires the Participant’s members to comply with the CAT NMS Plan requirements and, ultimately, to report information to the CAT. The Participants are issuing this alert in anticipation of the SEC’s approval of the Participants’ compliance rule series.

BM&FBOVESPA: Launch Of The 2017/2018 ISE Process - Long Review Cycle Of The Questionnaire To Begin With Workshops Over March 22-24

Date 10/03/2017

Today, BM&FBOVESPA launched the 2017/2018 Corporate Sustainability Index (ISE) process. During the launch event there was the presentation of: the 2017 activities calendar; news about the process for the year in question; and the agenda and methodology for the 2017/2018 questionnaire review cycle.

NYSE, NYSE Arca And NYSE MKT Short Interest Reports

Date 09/03/2017

Nasdaq Announces End-Of-Month Open Short Interest Positions In Nasdaq Stocks As Of Settlement Date February 28, 2017

Date 09/03/2017

At the end of the settlement date of February 28, 2017, short interest in 2,345 Nasdaq Global MarketSM securities totaled 7,280,848,100 shares compared with 7,247,866,478 shares in 2,351 Global Market issues reported for the prior settlement date of February 15, 2017. The end-of-February short interest represents 4.47 days average daily Nasdaq Global Market share volume for the reporting period, compared with 4.49 days for the prior reporting period.

Jacob Frenkel Appointed To CME Group's Competitive Markets Advisory Council

Date 09/03/2017

CME Group, the world's leading and most diverse derivatives marketplace, today announced the appointment of a new member to its Competitive Markets Advisory Council (CMAC), Jacob Frenkel, Chairman of the Board of Trustees for the Group of Thirty (G-30), a private, nonprofit, international body comprised of financial industry leaders; as well as Chairman of the Board of Governors of Tel Aviv University and Chairman of JPMorgan Chase International.

SEC Charges Marijuana-Related Company And Executives With Touting Bogus Revenues

Date 09/03/2017

The Securities and Exchange Commission today charged a California-based company and its founder with falsely touting “record” revenue numbers to investors and claiming to be a leader in the marijuana industry while some of its earnings came from sham transactions with a secret affiliate.

Re-Publication Of Proposed IIROC Dealer Member Plain Language Rule Book. Comments Due By: May 12, 2017

Date 09/03/2017

IIROC has undertaken a project to rewrite, reformat, rationalize, and reorganize our Dealer Member Rules (DMRs) in plain language (the PLR Project).

Statement On The Meeting Between IMF Managing Director Christine Lagarde And U.S. Secretary Of Treasury Steven Mnuchin

Date 09/03/2017

Following the IMF Managing Director Christine Lagarde’s meeting with U.S. Treasury Secretary Steven Mnuchin in Washington today, Mr. Gerry Rice, Communications Director of the IMF, issued the following statement:

“In her conversation with Secretary Mnuchin, the Managing Director discussed the challenges facing the world economy and the upcoming G20 meetings of Finance Ministers in Germany. Madame Lagarde expressed the IMF’s desire to continue close engagement with the U.S. to encourage policies that will promote growth, stability, and job creation in the U.S. and globally.” 

Office Of Financial Research Update: Benefits And Risks Of Central Clearing In The Repo Market

Date 09/03/2017

The U.S. Office of Financial Research today posted a research brief, entitled, “Benefits and Risks of Central Clearing in the Repo Market.” The brief says the repurchase agreement (repo) market is a major source of short-term funding in the financial system. Many repo transactions between dealers are centrally cleared. This brief, using data from the OFR’s interagency bilateral repo data collection pilot, finds economic benefits for dealers in expanding central clearing to transactions between dealers and nondealer clients, but increased risks to the central counterparty.

FG Savings Will Boost Financial Inclusion - Nigeria Stock Exchange

Date 09/03/2017

The Federal Government of Nigeria (FGN) Savings Bond which will open for subscription exclusively on the Nigeria Stock Exchange (NSE) will boost financial inclusion says the Executive Director, Capital Market Division of NSE. The NSE key official made this remark while commenting on the planned launch of the sovereign savings bond which is scheduled for Monday, March 13, 2017 and targeted at retail investors. To ensure the offer reaches the last mile subscribers, the DMO has accredited eighty-seven (87) stockbroking firms of the Nigerian Stock Exchange to market and distribute the Savings Bond.