News Centre

SEC Announces Agenda For December 8 Investor Advisory Committee Meeting

Date 21/11/2016

The Securities and Exchange Commission today announced the agenda for the December 8 meeting of its Investor Advisory Commitee. The meeting will commence at 9:30 a.m. in the Multipurpose Room at SEC headquarters at 100 F Street, N.E., Washington, D.C. and is open to the public. The meeting will be webcast live and archived on the Committee’s website for later viewing.

CFTC Unanimously Approves Final Rule Amendments To Its Regulations Regarding CPO Financial Reports

Date 21/11/2016

The U.S. Commodity Futures Trading Commission (CFTC) announced today that it has unanimously approved amendments to its regulations applicable to the financial reports that commodity pool operators (CPOs) are required to provide on their pools’ operations. The amendments announced today incorporate into CFTC regulations relief that, to date, has been available through exemptive or no-action letters.

MIAX Options Exchange: New MIAX Rules Regarding Disruptive Activity And Expedited Proceedings

Date 21/11/2016

MIAX has adopted two new rules, MIAX Rule 322, Disruptive Quoting and Trading Activity Prohibited, to prohibit disruptive quoting and trading on the Exchange and MIAX Rule 1018, Expedited Suspension Proceeding, permitting MIAX to take prompt action to suspend Members or clients that violate MIAX Rule 322.

Moving Forward With The Commission's Disclosure Effectiveness Initiative, Rick A. Fleming, Investor Advocate, U.S. Securities And Exchange Commission[1], NASAA Corporation Finance Training, Houston, Texas, Nov. 19, 2016

Date 21/11/2016

Thank you, Bill [Beatty], for that kind introduction and for not only inviting me to participate in this event today, but for accommodating my schedule so I could make it work.  It is nice to be back among my NASAA friends.

As you all may be aware, the Commission has undertaken a comprehensive “Disclosure Effectiveness Initiative” to review and modernize public company reporting requirements in Regulation S-K and Regulation S-X.  The initiative is, at least in part, responsive to congressional mandates found in the JOBS Act and the FAST Act.   The JOBS Act, as you know well, introduced a number of exemptions from disclosure and capital-raising requirements for emerging companies.  The more recent FAST Act requires the Commission to revise Regulation S-K “to further scale or eliminate requirements” in order to reduce the burden on smaller and emerging companies, and to eliminate provisions that are “duplicative, overlapping, outdated, or unnecessary.”

EBA Provides Overview On The Proportionate Application Of Remuneration Requirements Across The EU

Date 21/11/2016

The European Banking Authority (EBA) published today additional information on the application of the proportionality principle to the remuneration provisions laid down in the Capital Requirements Directive in response to a request for advice from the European Commission. 

Next New Trading Participant At SIX Swiss Exchange - Credit Suisse (Switzerland) Ltd. Begins Trading On An Efficient And Liquid Market For International And Swiss Securities

Date 21/11/2016

Following the legal restructuring at Credit Suisse, today SIX Swiss Exchange welcomes Credit Suisse (Switzerland) Ltd. as a new participant. The new Swiss legal entity is a wholly owned subsidiary of Credit Suisse AG and covers its Swiss business. With the admission of Credit Suisse (Switzerland) Ltd., membership of SIX Swiss Exchange and the role of General Clearing Member will pass from Credit Suisse AG to the new Swiss legal entity. Credit Suisse AG will in future act as the Reporting Member.

Saudi Arabia's Capital Market Authority: An Announcement Regarding The amendment Of The Instructions And Procedures Related To Listed Companies With Accumulated Losses Amounting To 50% Or More Of Its Capital

Date 21/11/2016

In pursuit of the Capital Market Authority to develop the capital market in Saudi Arabia, and to enhance the protection of investors, as well as to advance the procedures required to reduce risks related to securities transactions. And based on the Capital Market Law issued by Royal Decree Number (M/30) Dated 2/6/1424 H, the CMA Board has issued its Resolution to amend the Instructions and Procedures Related to Listed Companies with Accumulated Losses amounting to %50 or more of its Capital in light of the Companies Law issued by Royal Decree No. (M/3) dated 28/1/1437 H, and amend its title to become the Instructions and Procedures Related to Listed Companies with Accumulated Losses amounting to %20 or more of its Capital. These Instructions shall be effective and mandatory starting from 25/07/1438H corresponding to 22/04/2017.

The 7th Annual Qatar Investor Relations Conference Held In Association With The Qatar Stock Exchange (QSE) And The Middle East Investor Relations Association (MEIRA)

Date 21/11/2016

The Qatar Stock Exchange(QSE) and the Middle East Investor Relations Association (MEIRA) held their 7th Annual Investor Relations conference in Doha, Qatar with participation from the forty four QSE-listed companies. 

Developments In The Green Bond Market - The Joint Seminar Held By ICMA And SIX Swiss Exchange Dealt With The Developments, Drivers And Hurdles In The Green Bond Market

Date 21/11/2016

A total of 84 participants from the bond and financial sector took part in the Joint Seminar held by the International Capital Market Association (ICMA) and SIX Swiss Exchange last week. The focus was on the developments in the Green Bond market in the international and Swiss context. The event was supported by the Swiss Financial Analysts Association(SFAA) and the Swiss Bond Commission (SBC).

ESMA: Questions And Answers On UCITS Directive

Date 21/11/2016

The revised Undertakings for Collective Investment in Transferable Securities (UCITS) Directive puts in place a comprehensive framework for the regulation of harmonised investment funds within Europe. The extensive requirements with which UCITS must comply are de-signed to ensure that these products can be sold on a cross-border basis. The most recent version of the Directive (as amended by Directive 2014/91/EU, so called ‘UCITS V’) introduces rules on remuneration policies and sanctions and strengthens the depositary regime.