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SGX Welcomes UOB Kay Hian As Catalist Full Sponsor
Date 08/04/2014
Singapore Exchange (SGX) is pleased to welcome UOB Kay Hian Private Limited as a Full Sponsor on Catalist, the sponsor-supervised board for growth companies.
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SIFMA Foundation Partners With Industry To ‘Invest It Forward™’ In Financial Literacy Month
Date 07/04/2014
The SIFMA Foundation today joined SIFMA and the financial sector to launch Invest it Forward, an industry-wide financial education and capital markets literacy campaign convening hundreds of financial firms that are committed to giving young Americans a solid understanding of the capital markets system. The program is kicking-off in April, which is Financial Literacy Month.
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Allianz Life Becomes First Insurance Carrier To Implement DTCC's Producer Management Portal
Date 07/04/2014
The Depository Trust & Clearing Corporation’s (DTCC) Insurance & Retirement Services (I&RS) announced today that Allianz Life Insurance Company of North America (Allianz Life), a leading provider of retirement income and protection solutions, has become the first insurance carrier to begin using its Producer Management Portal (PMP), an online service that helps the industry manage and comply with National Association of Insurance Commissioners’ (NAIC) training requirements for insurance agents, also known as “producers.”
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SIFMA Statement On Treatment Of CLOs Under The Volcker Rule
Date 07/04/2014
SIFMA today issued the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on the Federal Reserve's announcement of a two year extension of the conformance period for collateralized loan obligations (CLOs) under the Volcker Rule:
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Welcoming Remarks At The SEC 24th Annual International Institute For Securities Market Development, SEC Commissioner Michael S. Piwowar, Washington, DC, April 7, 2014
Date 07/04/2014
Thank you, Paul [Leder], for that kind introduction, and I want to welcome you back to the Commission. Paul previously worked at the Commission for more than a decade from 1987 to 1999 and now has been with the Commission as Director of the Office of International Affairs for almost two months. I have enjoyed working with you and look forward to continuing to work with you in the international arena to promote investor protection, cross-border securities transactions, and fair, efficient and transparent markets. I also want to thank the Office of International Affairs staff who worked so hard to organize this two-week training initiative and all of the speakers, moderators, and panelists who have generously invested much time and effort in making this program so worthwhile.
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Capital Market Services, LLC Ordered To Pay $275,000 Penalty To Settle CFTC Charges Of Violating Minimum Financial Requirement Rules
Date 07/04/2014
The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges that, between March 2009 and October 2012, Capital Market Services, LLC(CMS), a CFTC-registered Futures Commission Merchant (FCM) and former Retail Foreign Exchange Dealer (RFED) headquartered in New York, New York, failed to comply with minimum financial requirements for FCMs and RFEDs. The CFTC Order requires CMS to pay a $275,000 civil monetary penalty and to cease and desist from violating the Commodity Exchange Act and CFTC Regulations, as charged.
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NASDAQ OMX March 2014 Volumes, 1Q14 Est. Revenue Capture
Date 07/04/2014
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today reported monthly volumes for March 2014, and quarterly volumes and estimated revenue capture for the quarter ended March 31, 2014, on its investor relations website.
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CFTC Seeks Public Comment On Request From ICE Clear EuropeFfor Order Permitting Portfolio Margining Of Futures And Foreign Futures Contracts
Date 07/04/2014
The Commodity Futures Trading Commission (Commission) is requesting public comment on a petition submitted by ICE Clear Europe Limited (ICE Clear Europe) for an order pursuant to Section 4d(a) of the Commodity Exchange Act (Act).
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STOXX Updates Rules On Country Classification
Date 07/04/2014
STOXX Limited, a leading provider of innovative, tradable and global index concepts, today announced an update of its country classification rules. The announcement follows a meeting of the STOXX Advisory Board. The updated rulebook is introduced with immediate effect.
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Federal Reserve Board Will Give Banking Entities Two Additional One-Year Extensions To Conform Their Ownership Interests In And Sponsorship Of Certain Collateralized Loan Obligations Covered By The Volcker Rule
Date 07/04/2014
The Federal Reserve Board announced today that it intends to exercise its authority to give banking entities two additional one-year extensions to conform their ownership interests in and sponsorship of certain collateralized loan obligations (CLOs) covered by section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly referred to as the Volcker rule. CLOs are securitization vehicles backed predominantly by commercial loans.
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