News Centre

CFTC Swaps Report Update

Date 05/08/2015

CFTC's Weekly Swaps Report has been updated, and is now available.

Statement On Final Rules For Security-Based Swap Dealer And Major Swap Participant Registration And On Proposed Rules For Applications To Waive Title VII Statutory Disqualifications, SEC Commissioner Kara M. Stein, Aug. 5, 2015

Date 05/08/2015

I join my colleagues in thanking the staff for their hard work and efforts to advance these rules. This fall marks the seventh anniversary of the financial crisis and of the federal bailout of the nation’s largest financial firms. While the crisis and the bailouts had multiple causes, swaps were a key factor because of the way they could transmit risk between the large financial firms that traded them. Because of the size of the swaps marketplace and its concentration, failure in one part of the swaps world threatened to bring down the world’s largest financial firms like a row of dominos.

Statement From CFTC Commissioner Giancarlo On The Passing Of EEMAC Member Andrew Soto (Washington, DC)

Date 05/08/2015

It is with great sadness that I have learned EEMAC member Andrew Soto passed away on Monday.  Andrew was a consummate professional, widely respected in his field and, just last week, selflessly participated in an important EEMAC meeting in Washington, where he shared his well-known wisdom and insight.  I believe I speak for all members of the Committee in expressing our deepest respect and condolences to his family.

Dissenting Statement At An Open Meeting To Adopt The “Pay Ratio” Rule, SEC Commissioner Daniel M. Gallagher, Aug. 5, 2015

Date 05/08/2015

Thank you, Chair White. Before getting started, I would like to recognize the staff who toiled at the grindstone of this rule. In particular, I note that Felicia Kung and John Fieldsend were the core of the Conflict Minerals team, and picked up this rule to carry the adopting release over the finish line. Sorry that we keep throwing you these softballs, maybe we can get you something a bit more complex and controversial to work on next. I would also like to recognize the other contributors from CorpFin, as well as those from the Office of the General Counsel for their work on this rule. Finally, I would like to recognize Simona Mola-Yost, Anzhela Knyazeva, Vlad Ivanov, and former staffer Peter Iliev from DERA, along with the rest of the DERA team.

ESMA 2015 -1243 Opinion On Hellenic Capital Market Commission Renewal Of Emergency Measure Under SSR

Date 05/08/2015

I. Legal basis

According to Article 27(2) of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012 on short selling and certain aspects of credit default swaps (the Regulation), the European Securities and Markets Authority (ESMA) shall within 24 hours of the notification having been made by a competent authority under Article 26 of the Regulation issue an opinion on whether it considers the measure or proposed measure necessary to address the exceptional circumstances.

European Financial Stabilisation Mechanism Revised To Shield Non-Euro Area Countries From Risk

Date 05/08/2015

On 4 August 2015, the Council approved a regulation amending the European Financial Stabilisation Mechanism (EFSM) in order to protect non-euro area member states from any risk arising from financial assistance given to a euro area country. 

Irish Stock Exchange Hosts Opalesque Roundtable Focused On The Funds Industry In Ireland

Date 05/08/2015

The Irish Stock Exchange (ISE) was delighted to host the inaugural Opalesque Ireland roundtable which took place at the end of June 2015 on the ISE’s historic trading floor.

Wiener Borse: ATX Watchlist For July 2015

Date 05/08/2015

The watchlist is used as a basis for the admission and/or deletion of ATX stocks at the semiannual (March and September) reviews of ATX basket.

PEGAS Futures Market Increased By 81% In July - Trading Results July 2015

Date 05/08/2015

PEGAS, the pan-European gas trading platform operated by Powernext, today announced that a total volume of 71.6 TWh was traded in July 2015. This represents an increase of 57 % compared to the previous year (July 2014: 45.8 TWh).

New York Federal Court Orders New York Financial Advisor Wayne P. Weddington III And His Companies To Pay More Than $1 Million For Commodity Pool Fraud And Unregistered Activity

Date 05/08/2015

The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Colleen McMahon of the U.S. District Court for the Southern District of New York entered a Consent Order of permanent injunction against Defendants Wayne P. Weddington III of New York, New York and his companies — Brunswick Capital LLC of New Canaan, Connecticut, and Brunswick Capital Partners LP, a Delaware corporation licensed to do business in New York.