News Centre

ASIC Warns Of Dangers Of Foreign Exchange Trading For Retail Investors

Date 18/10/2013

ASIC today urged consumers to ensure they understand the risks of foreign exchange trading before putting their money on the line.

Press Conference By Taro Aso, Japan's Deputy Prime Minister, Minister Of Finance, And Minister For Financial Services

Date 18/10/2013

[Questions and answers]

Q.

On the problem at Mizuho Bank, you expressed the opinion prior to departing for the G20 meeting that it was regrettable that Mizuho Bank’s explanation differed from the one it gave during the inspection, but this also points to the fact that the inspection by the Financial Services Agency did not spot Mizuho Bank’s false explanation. Please give us your views on whether there was a problem with the way the inspection was conducted.

A.

With regard to inspections conducted at individual financial institutions, I have no comment on specific interactions with the financial institutions and such. On this particular matter, an order demanding submission of a report is being carried out in accordance with Article 24 of the Banking Act and, as we would like to consider future steps in light of that report, I have no further comments at this time.

Derivatives 2013: The Future Comes Into Focus - A Speech By Cathie Armour, Commissioner, Australian Securities And Investments Commission, At The ISDA Annual Australia Conference, 17 October 2013

Date 18/10/2013

This conference is timely as it comes just two weeks after the commencement of the first of Australia’s G20 commitments to over-the counter (OTC) derivatives reform – the obligation for some Australian banks to begin reporting their OTC derivatives transactions to trade repositories.

CFTC’s Division Of Market Oversight Provides Time-Limited No-Action Relief To GTX SEF LLC

Date 17/10/2013

The Commodity Futures Trading Commission’s (Commission or CFTC) Division of Market Oversight (DMO) today announced the issuance of a no-action letter providing time-limited relief for GTX SEF LLC (GTX). DMO will not recommend that the Commission take enforcement action against GTX SEF for failure to register as a swap execution facility (SEF) under Section 5h(a)(1) of the Commodity Exchange Act (Act) or Commission Regulation 37.3(a)(1), or against any market participants for use of, or other relationships with, GTX SEF, based on GTX SEF’s failure to register as a SEF.

Canadian Securities Regulators Introduce Amendments To Oil And Gas Disclosure Requirements

Date 17/10/2013

The Canadian Securities Administrators (CSA) today are requesting comment for proposed amendments to National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities and related forms, which are designed to improve and clarify the disclosure of oil and gas reporting issuers.

CFTC’s Division Of Swap Dealer And Intermediary Oversight Issues No-Action Relief Regarding The Treatment Of Swap Transactions By Certain Non-U.S. Persons, For Purposes Of Making Calculations Under The Swap Dealer Definition

Date 17/10/2013

The U.S. Commodity Futures Trading Commission’s (Commission’s) Division of Swap Dealer and Intermediary Oversight (DSIO) today issued a no-action letter that provides relief for certain non-U.S. persons that are not guaranteed or conduit affiliates of U.S. persons with respect to counting for purposes of the de minimis calculation.

S&P Dow Jones Indices Announces Changes To The S&P/TSX Canadian Indices - A Deletion From The S&P/TSX Venture Composite Index

Date 17/10/2013

S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:

A Plan of Arrangement between Afferro Mining Inc. (TSXVN:AFF) and International Mining and Infrastructure Corp. plc (LSE:IMIC) has been approved. 

CFTC’s Division Of Market Oversight Provides No-Action Relief To Applicant Seeking Temporary Registration As A Swap Execution Facility - Time-Limited No Action Relief Provided To LatAm SEF, LLC Pending Consideration Of Application

Date 17/10/2013

The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) today announced the issuance of a no-action letter providing time-limited relief for LatAm SEF, LLC (LatAm). DMO will not recommend that the CFTC take enforcement action against LatAm for failure to register as a swap execution facility (SEF) under Section 5h(a)(1) of the Commodity Exchange Act (Act) or CFTC Regulation 37.3(a)(1), or against any market participants for use of, or other relationships with, LatAm, based on LatAm’s failure to register as a SEF.

Keynote Address By CFTC Commissioner Scott D. O'Malia, Edison Electric Institute CFTC Compliance Forum, Washington, DC

Date 17/10/2013

The topic of today's conference is "Compliance and Implementation Issues." I must say such a topic gives us plenty of room to have a wide-ranging discussion, as there are so many questions and concerns regarding industry compliance and on-going implementation.

Program Trading Averaged 25.6 Percent Of NYSE Volume During Oct. 7-11

Date 17/10/2013

The New York Stock Exchange, a subsidiary of NYSE Euronext (NYX), today released its weekly program-trading data compiled from member firms’ executed volume from NYSE’s orders database.  The report includes trading on the NYSE for Oct. 7-11.