News Centre

National Futures Association CEO Daniel Roth To Retire - Board Begins Search For Successor

Date 23/05/2016

NFA announced today that President and CEO Daniel Roth has announced his plan to retire in the coming year. NFA's Board of Directors has authorized the formation of a committee to conduct a search for his successor. The search will consider both internal and external candidates.

Remarks From The 2016 FINRA Annual Conference, Richard G. Ketchum, FINRA Chairman And Chief Executive Officer, Washington, DC, May 23, 2016

Date 23/05/2016

Commerce and Compliance: It’s Not a Culture War

Good morning and welcome to FINRA’s Annual Conference, this year is notable in several ways, including the quality of the program and roster of speakers and attendees. Each year when we come together for this conference, we discuss and debate top regulatory concerns, as well as a range of issues affecting our industry, with the overarching goal of continuously supporting and refining compliance in financial services. One of the most significant developments this year in our collective mission is the evolving fiduciary landscape and what it means for how firms deliver retirement-savings advice. Wherever you stand on the wisdom of DOL’s rule, the fiduciary evolution in many ways gets to the heart of how firms interact with clients—the delivery of products and services that defines the essential qualities of a firm—its motivations and priorities. In a word: culture.

SIFMA Develops Model Documents For Compliance With New MSRB Rule G-42

Date 23/05/2016

SIFMA has developed a suite of model documents designed to aid municipal advisors in compliance with new MSRB Rule G-42, on duties of non-solicitor municipal advisors.  The Rule will be implemented on June 23.  SIFMA is issuing the documents as exposure drafts, and is open to industry feedback through the end of this month, at which time they will be finalized.

Montréal Exchange Closed - Victoria Day

Date 23/05/2016

The Exchange's offices and markets are closed today, May 23, 2016 (Victoria Day).

Hellenic Exchanges S.A. First Quarter 2016 Financial Results - EUR1.9m Net After Tax Profits

Date 23/05/2016

The consolidated net after tax profits of the Athens Exchange Group amounted to EUR1.9m vs. EUR4.1m in the first quarter (Q1) of 2015, reduced by 54%. The net after tax profits per share, which include the securities valuation differences and related taxes, amounted to EUR0.02 vs. EUR0.05 over the corresponding period last year.

Irish Stock Exchange CEO, Deirdre Somers, Speaks At The ICMA Conference In Dublin

Date 23/05/2016

The Irish Stock Exchange (ISE) CEO, Deirdre Somers, spoke at the International Capital Markets Association (ICMA) Conference in Dublin’s Convention Centre today.  Deirdre spoke on a panel about how fixed income markets have evolved since the financial crisis, the impact of electronification on liquidity in debt capital markets and on business models.

Semi - Annual Review of ATHEX Index Series

Date 23/05/2016

From the session of Monday May 30th, 2016  are effective all changes in the composition of the ATHEX Index Series in the context of the regular semi-annual review of their composition.

DME Announces First Fujairah Fuel Oil Trade

Date 23/05/2016

The first trade in Middle East fuel oil derivatives has taken place on the DME, the leading east of Suez energy exchange.

OpenDoor Appoints Robert Grillo As President

Date 23/05/2016

OpenDoor Trading (“OpenDoor”), a platform designed to improve liquidity in the U.S. Treasury bond markets, has appointed Robert Grillo as its President. He is the second senior hire by OpenDoor this month, as it prepares to launch an innovative session-based trading platform.

Statement Of CFTC Commissioner Bowen On Dan Roth’s Departure From The National Futures Association

Date 23/05/2016

I congratulate Dan on his long and fruitful career at the National Futures Association (NFA). Dan and I started our careers in finance around the same time – he in 1983 as an attorney at NFA, and me in 1982 as a lawyer in a Wall Street firm. Needless to say, we have seen many financial ups and downs during this time, and Dan has been working with NFA to protect the markets during a variety of major events, including the 2008 financial crisis.