News Centre

FINRA Dispute Resolution Issues Status Report On Arbitration Task Force Recommendations - Action Taken On 35 Of 51 Recommendations To Date

Date 08/02/2017

The Financial Industry Regulatory Authority (FINRA) today released a status report on the recommendations made in the FINRA Dispute Resolution Task Force’s Final Report issued in December 2015. In July 2014, FINRA had formed a 13-member task force composed of individuals representing a broad range of interests in securities dispute resolution to consider possible enhancements to its arbitration and mediation forum. FINRA released an interim status report in October 2016 and today’s report sets forth further progress made to date. FINRA has discussed all of the task force recommendations with the National Arbitration and Mediation Committee (NAMC). FINRA has taken action on 35 of the 51 recommendations; 16 are pending.

SEC Announces Agenda For February 15 Meeting Of The Advisory Committee On Small And Emerging Companies

Date 08/02/2017

The Securities and Exchange Commission today announced the agenda for the February 15 meeting of its Advisory Committee on Small and Emerging Companies.  The committee will discuss secondary market liquidity for Regulation A companies and reporting companies not listed on an exchange, and explore why more companies may be choosing to stay private.  It also will consider recommendations on corporate board diversity and on the treatment of so-called “finders” that assist companies in capital raising activities.

Eurex: Total Return Futures Notional Value Exceeds One Billion Euro

Date 08/02/2017

Eurex’ Total Return Futures (TRF) demonstrate that they meet client’s needs. Since their launch on Friday, 2 December 2016, over 30,000 contracts have been traded, with a notional value of more than one billion Euro. 

BME Strengthens Its MIFID II Range Of Services

Date 08/02/2017

• It will act as an Approved Publication Arrangement (APA), Authorised Reporting Mechanism (ARM) and will offer a service for Systematic Internalisers
• MiFID II / MiFIR to enter into force in January 2018

Hotspot Expands Global Sales Leadership Team, Promotes Leit, Watras To Europe, Asia Roles Additional Hires Add Extensive FX Experience

Date 08/02/2017

Hotspot, a leading institutional foreign exchange (FX) market owned and operated by Bats Global Markets (Bats: BATS), today announced expansions to its global sales team including the promotions of Benjamin Leit to Head of Sales, Europe, and Jonathan Watras, to Head of Sales, Asia-Pacific.

US Department Of Justice: Three Nigerian Nationals From South Africa Convicted In International Cyber Financial Fraud Scheme

Date 08/02/2017

Three Nigerian nationals, who in July 2015 were extradited from South Africa to the Southern District of Mississippi, were convicted today by a federal jury for their wide-ranging Internet fraud schemes.

A Call For Expression Of Interest By The European Commission In The Appointment Of Members Of The ESAs Board Of Appeal For The Financial Services Sector

Date 08/02/2017

A call for expression of interest by the European Commission in the appointment of members of the ESAs' Board of Appeal for the financial s​ervices sector​.

ACER Finds Progress In The Voluntary Regional Cooperation Towards The Single EU Gas Market

Date 08/02/2017

ACER publishes today the latest edition of its gas Regional Initiatives Status Review Report informing on the voluntary progress made towards the regional gas markets’ integration. The Report brings to light accomplishments such as the approval of a coordinated mechanism to manage congestion between France, Portugal and Spain (South region) and the completion of fact-finding surveys and studies in the South South-East region. Find out more here.

Federal Reserve Board Announces Retirement Of Scott G. Alvarez, General Counsel

Date 08/02/2017

Scott G. Alvarez, General Counsel, will retire later this year after nearly 36 years of service to the Federal Reserve Board, including more than 12 years as head of the Legal Division. The Board will begin a search for his successor.

ESMA Chair Steven Maijoor's Address To ALDE Seminar On The Review Of The European Supervisory Authorities

Date 08/02/2017

The Chair of the European Securities and Markets Authority (ESMA), Steven Maijoor, spoke today at the ALDE Party Seminar on the Review of the European Supervisory Authorities at the European Parliament in Brussels.