News Centre

Hong Kong's Securities And Futures Commission: Court Convicts Gold Root Global Investments Limited Of Unlicensed Dealing

Date 27/10/2016

The Eastern Magistrates’ Court today convicted Gold Root Global Investments Limited (GRG Investments) of dealing in futures contracts through its website between March and April 2013 without a licence from the Securities and Futures Commission (SFC).

BET Entertainment Technologies Selects Accuity To Strenghten Its KYC And AML Compliance Controls

Date 27/10/2016

BET Entertainment Technologies, a licensed online gambling company based in Portugal, has selected Accuity to boost its KYC (Know Your Customer) and AML (anti money laundering) compliance controls to help it meet new regulation imposed on the Portuguese gambling industry by the local regulator, the SRIJ (Serviços de Regulação e Inspeção de Jogos).  BET Entertainment Technologies worked with its partner SSP, a Portuguese company specializing in AML and fraud detection, to select and implement the Accuity solution from the Fircosoft portfolio.

Barclays Announces Its Q3 2016 Results

Date 27/10/2016

Jes Staley, Barclays CEO, said: “The performance we have reported today represents a period of strong progress against our strategy, and we have moved another stride closer to completing the restructuring of Barclays."

Deutsche Bank Reports Third Quarter 2016 Pre-Tax Profit Of EUR 619 Million And Net Income Of EUR 278 Million

Date 27/10/2016

John Cryan, Chief Executive Officer, said: “The results for the quarter demonstrate well the strengths of our operating businesses and the outstanding work of our people. We continued to make good progress on restructuring the bank. However, in the past several weeks these positive developments were overshadowed by the attention around our negotiations concerning the Residential Mortgage Backed Securities matter in the United States. This had an unsettling effect. The bank is working hard on achieving a resolution of this issue as soon as possible.” 

Nasdaq Stockholm Orders Arcam To Pay Fine Corresponding To Two Annual Fees

Date 27/10/2016

The Disciplinary Committee of Nasdaq Stockholm has found that Arcam AB publ. (“Arcam”) has breached Nasdaq Stockholm’s regulations (“the Rule Book”) and, accordingly, has imposed a fine on Arcam amounting to two annual fees, corresponding to an amount of SEK 410,000.

TFX Starts Providing Click365 & Click Kabu 365 Market Data To Bloomberg

Date 27/10/2016

TFX is pleased to announce that Tokyo Financial Exchange Inc. (TFX) has started providing market data of Click 365 (Exchange FX Margin Contracts) & Click Kabu 365 (Exchange Equity Index Margin Contracts) to Bloomberg L.P. (Bloomberg).

ASIC Clarifies Record-Keeping Obligations For Financial Services Licensees

Date 27/10/2016

ASIC has clarified financial advisers’ record-keeping obligations by way of an amendment to Class Order [CO 14/923] Record-keeping obligations for Australian financial services licensees when giving personal advice.

Statement At Open Meeting On Adoption Of Updated Rules regarding Intrastate Offerings And Small Business Capital Formation, SEC Commissioner Michael S. Piwowar, Oct. 26, 2016

Date 26/10/2016

Thank you, Chair White.  Today’s adopting release is a well-crafted and thoughtful adoption of the Commission’s proposal to modernize and improve our rules related to intrastate offerings and Rule 504 offerings.  I echo the thanks of my fellow commissioners for the efforts by our staff, including a number whose experiences as former state securities regulators were quite helpful. 

Dissenting Statement At Open Meeting On Universal Proxy, SEC Commissioner Michael S. Piwowar, Oct. 26, 2016

Date 26/10/2016

Thank you, Chair White. 

Several months ago, Chairman Scott Garrett of the House Subcommittee on Capital Markets and Government Sponsored Enterprises raised questions about how the Commission has been prioritizing its resources. As he noted, the universal proxy initiative has been pushed for years by special interest groups and it would increase the likelihood of proxy fights at public companies, thereby distracting management and employees from carrying out their core mission.

CBOE Holdings Declares Fourth-Quarter 2016 Dividend

Date 26/10/2016

CBOE Holdings, Inc. (NASDAQ: CBOE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.25 per share of common stock for the fourth quarter of 2016.  The fourth-quarter dividend is payable on December 16, 2016, to common stockholders of record as of December 2, 2016.