News Centre

Betfair Selects StreamBase For Real-Time Analytics - Leading Betting Exchange Selects StreamBase To Process Distributed Real-Time Event Flows

Date 10/07/2012

StreamBase Systems today announces that Betfair has selected StreamBase CEP. The selection allows Betfair, the world’s largest Internet betting exchange, to use StreamBase’s Complex Event Processing (CEP) platform to integrate distributed real-time event flows into the Betfair cloud platform.

CFTC Files Complaint Against Peregrine Financial Group, Inc. And Russell R. Wasendorf, Sr. Alleging Fraud, Misappropriation Of Customer Funds, Violation Of Customer Fund Segregation Laws, And Making False Statements - Commission Seeks An Order Freezing Assets And Restitution Of Customer Funds.

Date 10/07/2012

The U.S. Commodity Futures Trading Commission (CFTC) announced today that it filed a complaint in the United States District Court for the Northern District of Illinois against Peregrine Financial Group Inc. (PFG), a registered futures commission merchant, and its owner, Russell R. Wasendorf, Sr. (Wasendorf). The Complaint alleges that PFG and Wasendorf committed fraud by misappropriating customer funds, violated customer fund segregation laws, and made false statements in financial statements filed with the Commission.

European Parliament: Tough Sanctions Needed For Market Abuse

Date 10/07/2012

Insider dealing and market manipulation, referred to together as "market abuse", must be clearly defined and punished with the same dissuasive criminal sanctions in all member states, says the civil liberties committee.

Statement Of Support - CFTC Chairman Gary Gensler - Further Definition Of The Term “Swap"

Date 10/07/2012

Further Definition of the term “Swap,”

I support the final rulemaking to implement the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) requirement to further define “swap” and other products that come under swaps market reform. The Commodity Futures Trading Commission (CFTC) worked closely with the Securities and Exchange Commission (SEC), in consultation with the Federal Reserve, on the final rules and interpretations to further define “swaps,” “security-based swaps,” “mixed swaps” and “security-based swap agreements.”

SEC Charges Five Physicians With Insider Trading In Stock Of Medical Professional Liability Insurer

Date 10/07/2012

The Securities and Exchange Commission today charged five physicians with insider trading in the securities of an East Lansing, Mich.-based holding company for a medical professional liability insurer.

Open Commission Meeting For Consideration Of Rules Implementing The Dodd-Frank Act - CFTC Chairman Gary Gensler

Date 10/07/2012

Good morning. This meeting will come to order. This is a public meeting of the Commodity Futures Trading Commission (CFTC). I’d like to welcome members of the public, market participants and members of the media, as well as those listening to the meeting on the phone or watching the webcast.

FINRA Issues New Investor Alert: Exchange-Traded Notes—Avoid Unpleasant Surprises

Date 10/07/2012

The Financial Industry Regulatory Authority (FINRA) issued a new Investor Alert called Exchange-Traded Notes—Avoid Unpleasant Surprises to inform investors of the features and risks of exchange-traded notes (ETNs).

Statement Of Support - CFTC Chairman Gary Gensler - Final Rule On End-User Exception To The Clearing Requirement For Swaps

Date 10/07/2012

Final Rule on End-User Exception to the Clearing Requirement for Swaps

I support the final rule on the end-user exception to the clearing requirement for swaps. One of the primary goals of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) was to lower risk to the interconnected financial system by requiring standardized swaps between financial entities to be cleared.

SIFMA Testifies On Impact Of Dodd-Frank Act On Credit

Date 10/07/2012

SIFMA’s Kenneth E. Bentsen, Jr., executive vice president, public policy and advocacy, today testified before the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises to discuss the impact of certain provisions of Dodd-Frank and their impact on credit availability.

Statement Of Support - CFTC Chairman Gary Gensler - Proposed Exemption From The Clearing Requirement For Certain Swaps Executed By Cooperatives

Date 10/07/2012

Proposed Exemption from the Clearing Requirement for Certain Swaps Executed by Cooperatives

I support the proposed rule that would permit certain cooperatives to choose not to clear member-related swaps.