News Centre

SEC Proposes Rule To Require Broker-Dealers Active In Off-Exchange Market To Become Members Of National Securities Association - Amendments Would Enhance Regulatory Oversight Of Active Proprietary Trading Firms

Date 25/03/2015

The Securities and Exchange Commission today proposed rule amendments to require that broker-dealers trading in off-exchange venues become members of a national securities association.  The amendments would enhance regulatory oversight of active proprietary trading firms, such as high frequency traders.

FTSE Selected To Provide Index For New Mexico State Investment Council’s Smart Beta US Equities Allocation

Date 25/03/2015

• Innovative new FTSE RAFI Low Volatility Index to be utilized
• Decision adds smart beta indexing to NMSIC passive and active strategies
• Continues trend of corporate and public funds using smart beta

GCC Citizens Will Be Treated As Qatari Citizens In Terms Of Owning Shares Of Companies Listed On The Qatar Stock Exchange

Date 25/03/2015

Qatar Central Securities Depository (QCSD) announced that it has amendedthe ownership limits on its systems, so that the GCC citizens will be treatedas Qatari citizens in terms of owning shares of the companies listed on Qatar Stock Exchange. The change will be valid as of Thursday, March 26th 2015.

SEC Adopts Rules To Facilitate Smaller Companies’ Access To Capital - New Rules Provide Investors With More Investment Choices

Date 25/03/2015

The Securities and Exchange Commission today adopted final rules to facilitate smaller companies’ access to capital.  The new rules provide investors with more investment choices.

Testimony Of US Treasury Secretary Jacob J. Lew On The Financial Stability Oversight Council’s (FSOC) Nonbank Financial Company Designations Process Before The Senate Banking Committee

Date 25/03/2015

Chairman Shelby, Ranking Member Brown, and members of the Committee, thank you for inviting me here today to discuss the Financial Stability Oversight Council’s nonbank financial company designations process.  

Statement At Open Meeting On Rule 15b9-1, SEC Commissioner Daniel M. Gallagher, March 25, 2015

Date 25/03/2015

Today the Commission is proposing to amend SEC Rule 15b9-1.  I would like to join my colleagues in thanking the staff in the Division of Trading and Markets, DERA and Office of the General Counsel for their efforts on this rulemaking.  In particular, I would like to thank David Michehl, Nicholas Shwayri, and Charles Sommers.

CFTC Revokes Registrations Of John G. Wilkins And His Company, Altamont Global Partners LLC, Based On Federal Court’s Permanent Injunction Order And On Wilkins’s Related Criminal Conviction

Date 25/03/2015

The U.S. Commodity Futures Trading Commission (CFTC) today announced the revocation of the registrations of Altamont Global Partners LLC(AGP) of Longwood, Florida and its owner, John G. Wilkins, formerly of Chuluota, Florida. AGP was registered with the CFTC as a Commodity Pool Operator, and Wilkins was registered as an Associated Person of AGP.

UK Financial Conduct Authority Wins Appeal Case Against Capital Alternatives

Date 25/03/2015

The Financial Conduct Authority (FCA) has received the judgment from The Court of Appeal hearing for Capital Alternatives and others which took place on 27 and 28 January 2015. The Court of Appeal has ruled that all four schemes were collective investment schemes. If the decision is not subject to further appeal by the Defendants,  the FCA can proceed with any remaining aspects of the case which still need to be ruled on by the Court.

Helping Small Businesses And Protecting Investors, SEC Commissioner Luis A. Aguilar, March 25, 2015

Date 25/03/2015

The Commission has long recognized that small businesses are essential to the growth and success of our national economy. Our nation’s 28 million small business owners create almost two out of every three new jobs and employ more than half of the U.S. workforce. The long-term success of our country’s small businesses, however, depends on their access to capital. For this reason, Congress has provided the Commission with authority to pass rules to make it easier for small businesses to raise capital. One rule which has historically been used by small businesses is Regulation A—an exemptive rule that has been around nearly as long as the SEC. Regulation A provides companies with a streamlined and less costly way to raise capital, so long as they provide the investing public with certain critical disclosures about the company and the securities being offered.

Euronext Welcomes The Bond Listing Of COFINIMMO On Its Alternext Brussels Market

Date 25/03/2015

Euronext Brussels announces the successful admission to listing on its Alternext market of corporate bonds issued by Cofinimmo, the Belgian real estate company specialising in rental property.