News Centre

Chinese Business Sentiment Highest Since August 2015 - New Orders, Inventories Climb To Push Sentiment Higher In September

Date 23/09/2016

According to the latest MNI China Business Sentiment Survey, sentiment towards the business environment improved slightly in September as higher new orders helped to offset a slight softening in output.

See The New Trading Hours For The BOVESPA And BM&F segments

Date 23/09/2016

Due to the start of daylight saving time in Brazil on October 16, 2016 and the end of daylight saving time in the U.S. on November 06, 2016, as of October 17, 2016 BM&FBOVESPA will change the trading hours of BOVESPA segment securities and of the contracts and structured transactions of the BM&F segment in accordance with the three separate time grids.

Financial Stability Oversight Council Meeting September 22

Date 23/09/2016

U.S. Secretary of the Treasury Jacob J. Lew today convened a meeting of the Financial Stability Oversight Council (Council) in an executive session at the Treasury Department.

Resolving The Climate Paradox - Speech Given By Mark Carney, Governor Of The Bank Of England, Chair Of The Financial Stability Board At The Arthur Burns Memorial Lecture, Berlin

Date 22/09/2016

Canadian Securities Regulators Seek Comment On Alternative Funds Framework

Date 22/09/2016

The Canadian Securities Administrators (CSA) today published for comment proposed amendments to National Instrument 81-102 Investment Funds (NI 81-102) and National Instrument 81-101 Mutual Fund Prospectus Disclosure as part of the final phase of the CSA’s efforts to modernize the regulation of publicly offered investment funds.

Ontario Securities Commission Announces Corporate Secretary To The Commission

Date 22/09/2016

Ontario Securities Commission (OSC) Chair and Chief Executive Officer (CEO) Maureen Jensen announced today the appointment of Grace Knakowski as Corporate Secretary to the Commission, effective October 3, 2016.

“Grace Knakowski’s extensive managerial and adjudicative experience, along with her expertise in tribunal administration and regulatory governance, make her the ideal candidate,” said Maureen Jensen, Chair and CEO of the OSC. “In this position, Grace will perform a vital senior advisory role at the OSC, supporting Members of the Commission in their statutory mandate as regulators and as a board of directors.”

Grace held progressively senior roles at the Law Society of Upper Canada (LSUC), most recently serving as Registrar and Senior Counsel at the Law Society Tribunal. Grace is an accomplished Executive and Senior Counsel with managerial and adjudicative experience delivering sound advisory leadership, strategic insight and business agility. Her areas of expertise include strategy and delivery, tribunal administration, regulatory governance and risk mitigation. Before joining the LSUC, Grace was an Associate with McGee & Fryer, Barristers & Solicitors where she practiced family law.

The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices and to foster fair and efficient capital markets and confidence in the capital markets. Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at http://www.osc.gov.on.ca

Canadian Securities Regulators Announce Roundtables To Discuss Proposals To Enhance The Obligations Of Advisers, Dealers And Representatives Toward Their Clients

Date 22/09/2016

The Canadian Securities Administrators (CSA) today announced the dates for roundtables to further explore issues raised in CSA Consultation Paper 33-404 Proposals to Enhance the Obligations of Advisers, Dealers and Representatives Toward Their Clients, which proposes regulatory action to improve the client-registrant relationship. The deadline for written comments is September 30, 2016.

Office of Financial Research Update: "OFR Monitor Shows Accelerating Shift To Government Money Market Funds."

Date 22/09/2016

The OFR released a blog today by Stacey Schreft, OFR Deputy Director for Research and Analysis, "OFR Monitor Shows Accelerating Shift to Government Money Market Funds." The blog says assets of U.S. prime money market funds have decreased by more than $700 billion since the beginning of the year, while assets of government money market funds have increased by about the same amount, according to the OFR’s monthly U.S. Money Market Fund Monitor. This trend accelerated in August.

ISDA Publishes Recommendation For FpML Version 5.9

Date 22/09/2016

The International Swaps and Derivatives Association, Inc. (ISDA) today published the recommendation for Financial products Markup Language (FpML) version 5.9.

Testimony Before The Subcommittee On Capital Markets And Government Sponsored Enterprises Committee On Financial Services, Robert Colby, FINRA Chief Legal Officer, U.S. House Of U.S. House Of Representatives, September 22, 2016

Date 22/09/2016

Chairman Garrett, Ranking Member Maloney and Members of the Subcommittee:

On behalf of the Financial Industry Regulatory Authority, or FINRA, I would like to thank you for the opportunity to testify today about FINRA’s role in overseeing the municipal securities markets.