News Centre

New Zealand's Financial Markets Authority Reports On Its 12 Month Performance - Delivering Implementation Of Largest Change In Financial Services In 30 Years

Date 20/11/2014

The Financial Markets Authority (FMA) has published its 2014 annual report for the year ended 30 June 2014. During this period the FMA began implementing the largest statutory change in financial services in 30 years. Engaging with the industry to implement the Financial Markets Conduct Act 2013(FMC Act) was one of six major achievements outlined in the report, as the FMA continued to deliver its ongoing regulatory responsibilities.

Osaka Exchange: JPX-Nikkei Index 400 Futures To Be Launched Next Week On November 25 (Tue.)

Date 20/11/2014

Osaka Exchange, Inc. (OSE) is pleased to announce the launch of a new derivative product, JPX-Nikkei Index 400 futures, on November 25 (Tue.). The contracts will be the first listed derivatives whose underlying is the JPX-Nikkei Index 400. With seven market makers already designated, OSE looks forward to the launch of the contract and broad participation from various types of investors.

Tokyo Commodity Exchange: Deliverable Goods Of Precious Metals

Date 20/11/2014

The below Deliverable Goods have been added:

Commodity: Silver

ConvergEx Group Subsidiary Sentenced For Securities Fraud Scheme

Date 19/11/2014

A brokerage subsidiary of ConvergEx Group LLC was sentenced and ordered to pay a criminal penalty and restitution of $26 million for wire fraud and conspiracy to commit securities and wire fraud in connection with a scheme to charge clients millions of dollars in unwarranted and hidden fees. 

SEC Adopts Rules To Improve Systems Compliance And Integrity - Rules To Strengthen Technology Infrastructure Of Securities Markets

Date 19/11/2014

The Securities and Exchange Commission today voted to adopt new rules designed to strengthen the technology infrastructure of the U.S. securities markets.  The rules – together comprising Regulation Systems Compliance and Integrity (Regulation SCI) – impose requirements on certain key market participants intended to reduce the occurrence of systems issues and improve resiliency when systems problems do occur.

SIFMA Statement On The SEC's Adoption Of Regulation SCI

Date 19/11/2014

SIFMA today issued the following statement from Randy Snook, executive vice president, business policies and practices, on the SEC's adoption of Regulation SCI:

"SIFMA supports Regulation SCI's goal of market resiliency, which is a critical responsibility that all market participants share. Regulation SCI is a meaningful step forward to help ensure that the financial industry's critical infrastructure can support robust market activity and avoid disruptions that could undermine investor confidence in the markets. While we will need to review the scope and details of this rule with our members, we are encouraged by the SEC's focus on critical market participants."

SEC Announces Next Meeting Of The Advisory Committee On Small And Emerging Companies

Date 19/11/2014

The Securities and Exchange Commission today announced that its Advisory Committee on Small and Emerging Companies will hold its next meeting on Wednesday, Dec. 17, beginning at 9:30 a.m. ET.  The committee will focus on the interests and priorities of emerging and smaller public companies.

CFTC Swaps Report Update

Date 19/11/2014

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

FIF Capacity Statistics For October 2014: Four New Record 1 Second Peaks: SIAC OPRA, BATS BZX TOP, UTP UTDF, BATS Options MCASTPITCH AGG

Date 19/11/2014

This month’s bulletin from the Financial Information Forum (FIF) finds that SIAC OPRAwas up 14% to 9,624,807 mps over the 1 second interval

Statement At Open Meeting On Regulation SCI, SEC Commissioner Daniel M. Gallagher

Date 19/11/2014

Thank you, Chair White.  I’d like to begin by thanking the Trading and Markets staff, in particular Dave Shillman, David Liu, Heidi Pilpel, and Yue Ding, for all of their hard work on this rulemaking. I’d especially like to note their thoughtful and comprehensive treatment of the comments we received on the proposing release.  I would also like to thank the staff in DERA and the Office of General Counsel for all of their hard work on this matter.