News Centre

MIAX Regulatory Clarification - Unbundling Of Orders

Date 19/11/2015

MIAX Regulatory would like to remind all members that the unbundling of orders for the purpose of achieving small order preference may be considered conduct inconsistent with just and equitable principles of trade and a violation of MIAX Rule 301.

Keynote Remarks At The Women's Forum Of New York Breakfast Of Corporate Champions: "The Pursuit Of Gender Parity In The American Boardroom", SEC Chair Mary Jo White, New York, New York, Nov. 19, 2015

Date 19/11/2015

Good afternoon, and thank you Mike [Fucci] for that kind introduction. It is great to be here.

The Women’s Forum of New York remains the critical, groundbreaking organization for successful women that it was when it held its first meeting in 1974. That was, by coincidence, the year I graduated from Columbia Law School. As one benchmark of progress, that year’s graduating class was only 17 percent women. Today that number is 45 percent and, in some years, it is higher.

Square Celebrates IPO With “Square Market” At The New York Stock Exchange

Date 19/11/2015

Square, Inc. (NYSE:SQ) began trading today on the New York Stock Exchange (NYSE) under the ticker symbol “SQ” after its initial public offering (IPO). Barclays is the Designated Market Maker for the company’s stock. 

Nasdaq Welcomes Mimecast To The Nasdaq Stock Market

Date 19/11/2015

Nasdaq, Inc. (Nasdaq:NDAQ) announced that trading of Mimecast Ltd (Nasdaq:MIME) commenced on The Nasdaq Stock Market on November 19, 2015.

Intercontinental Exchange Prices $2.5 Billion In Senior Notes

Date 19/11/2015

Intercontinental Exchange (NYSE: ICE), a leading global network of exchanges and clearing houses, today announced that it priced an underwritten public offering of $2.5 billion in new senior notes.

SEC: Assets Frozen In Alleged Immigration Scam

Date 19/11/2015

The Securities and Exchange Commission today announced it has obtained a court order freezing the assets of a South Florida woman and her company accused of purchasing a boat and luxury cars with money she raised from investors seeking U.S. residency through the EB-5 Immigrant Investor Pilot Program.

TABB Examines ESMA Methodology To Meet European Regulators’ Demand For Pre-Trade Bond Transparency - Execution Ownership Shifting To Buy Side As Fixed Income Trading Evolves From Capital-Intensive Principal-Based To Quasi-Agency Model

Date 19/11/2015

ESMA has published its Regulatory Technical Standards (RTS) concerning pre-trade transparency for bonds requiring firms to make traditionally opaque processes transparent. To meet the European regulators’ MiFID II demand for pre-trade transparency, traders now have three initial criteria to consider ahead of placing a trade: Is my bond liquid, which size am I trading in and how am I trading?

Remarks To The SEC Government-Business Forum On Small Business Capital Formation By Commissioner Michael S. Piwowar

Date 19/11/2015

Thank you, Keith [Higgins], for that introduction. Last month, I visited a number of cities in Asia to meet with fellow regulators, business groups, and other market participants. One topic of significant concern was how to facilitate the creation and success of small and medium-sized enterprises (SMEs). Many of the meeting participants recognized that an economy conducive to SMEs was an important factor for innovation, business development, and jobs creation. They expressed admiration for the Silicon Valley-like culture that not only fosters new start-ups, but rapidly grows the successful ones. They asked many questions as to how they might replicate that environment in their own jurisdictions.

FINRA Fines Deutsche Bank Securities Inc. $1.4 Million For Violating Regulation SHO And Short Interest Reporting Rules

Date 19/11/2015

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Deutsche Bank Securities Inc. $1.4 million for violating Regulation SHO, FINRA's short interest reporting rule and for related supervisory failures.

The Continuing Work Of Enhancing Small Business Capital Formation Public Statement By SEC[1] Commissioner Luis A. Aguilar On November 19, 2015

Date 19/11/2015

Thank you and good morning. Let me start by extending a warm welcome to the panel members and other participants, including those viewing by webcast, to today’s Government-Business Forum on Small Business Capital Formation. I look forward to your discussions. I also want to thank the staff of the Division of Corporation Finance and, of course, the Division’s Office of Small Business Policy for organizing today’s Forum.