FTSE Mondo Visione Exchanges Index:

News Centre

Speech By SEC Commissioner Luis A. Aguilar: Combating The Lack Of Transparency In The Security-Based Swaps Market

Date 19/11/2010

One of the defining characteristics of the market for OTC derivatives has been its lack of transparency. As trillions of dollars in gross market value were traded, there was no mechanism for regulators to obtain data about the potential exposure of individual financial institutions, let alone to gain a view of the market as a whole. This lack of transparency also affected market participants, many of whom lacked meaningful information about prices and were consequently at a disadvantage in
Opening Statement, CFTC Business Meeting To Consider Various Rulemakings - CFTC Commissioner Scott D. O’Malia

Date 19/11/2010

Thank you, Mr. Chairman, and let me thank the teams for their hard work in developing the rulemaking proposals before us today. I would like to recognize Bob Wasserman for his hard work and patience in developing the Advanced Notice of Proposed Rulemaking. I would like to extend my thanks to Susan Nathan, Jeffrey Burns, and their team, and David Taylor and his team, for the work on their respective rulemaking proposals. Finally, I would like to thank Tom Leahy and his team for
Speech By SEC Chairman Mary L. Schapiro: Opening Statement At The SEC Open Meeting - Item 4 — Proposed Regulation SBSR

Date 19/11/2010

Next, we will consider a rule that would describe how information about security-based swap transactions should be reported and publicly disseminated. Like the previous rule, this proposal also originates from Title VII of the Dodd-Frank Act authorizing the Commission to regulate security-based swaps.
Opening Statement Before The Open Meeting On The Fifth Series Of Proposed Rulemakings Under The Wall Street Reform And Consumer Protection Act - CFTC Commissioner Bart Chilton

Date 19/11/2010

If you were in the halls of the CFTC building this week, it may have seemed like a bee hive. Staff was rushing to meetings, lobbyists and interested groups of folks going from one room to another. Folks aren't having time for lunch, working early and late. There’s no doubt we’re in a "challenging" time. For folks who think government jobs are "dream jobs," I guarantee the staff isn’t sleeping much. Some might use stronger words about what is going on than the word
Speech By SEC Chairman Mary L. Schapiro: Opening Statement At The SEC Open Meeting - Item 3 — Security-Based Swap Data Repository Registration, Duties, And Core Principles

Date 19/11/2010

We now turn to rules related to the over-the-counter derivative market. And, we begin with a proposal outlining the duties and core principles of security-based swap data repositories.

Opening Statement, Meeting Of The Commodity Futures Trading Commission - CFTC Chairman Gary Gensler

Date 19/11/2010

Good morning. This meeting will come to order. This is a public meeting of the Commodity Futures Trading Commission to consider issuance of the following proposed rulemakings under the Dodd-Frank Wall Street Reform and Consumer Protection Act: • Protections of collateral of counterparties to uncleared swaps before and after commodity broker bankruptcies; • An advanced notice of proposed rulemaking regarding protections of collateral for uncleared swaps customers
Speech By SEC Chairman Mary L. Schapiro: Opening Statement At The SEC Open Meeting - Items 1 And 2 — Proposals To Implement Investment Adviser Provisions Of The Dodd-Frank Act

Date 19/11/2010

Good morning. This is an open meeting of the U.S. Securities and Exchange Commission on Nov. 19, 2010. Today, the Commission will consider a series of proposed rules — all stemming from the Dodd-Frank Wall Street Reform and Consumer Protection Act — that broadly relate to the oversight of investment advisers as well as oversight of the security-based swap market.
Statement On Support Of The Dodd-Frank Rulemaking Of CFTC Chairman Gary Gensler

Date 19/11/2010

Statements for the record on each rule: Advanced Notice of Proposed Rulemaking on Protection of Cleared Swaps Customers before and after Commodity Broker Bankruptcies I support the advance notice of proposed rulemaking concerning protection of collateral of customers entering into cleared swaps. There has been much public input into these matters, but I think it is appropriate to have a formal ANPR soliciting input on a number of options and questions on
Jennifer B. McHugh Named Acting Director Of SEC Division Of Investment Management

Date 19/11/2010

Securities and Exchange Commission Chairman Mary L. Schapiro today named Jennifer B. McHugh as Acting Director of the SEC's Division of Investment Management, replacing Andrew J. "Buddy" Donohue who is leaving the agency today after four years heading the Division.
European Central Bank Governing Council Decides On TARGET2-Securities Pricing Policy

Date 19/11/2010

On 18 November 2010 the Governing Council of the European Central Bank (ECB) decided to set the delivery-versus-payment price for TARGET2-Securities (T2S) at 15 cent per instruction. This price will be fixed for the period from September 2014, when T2S will go live, to December 2018. In order to provide assurance to market participants about T2S prices after 2018, the Governing Council has made a commitment not to increase T2S fees by more than 10% per year between 2019 and the end of the cos