News Centre

Opening Statement Of CFTC Commissioner Caroline D. Pham Regarding Proposed Governance Requirements For Derivatives Clearing Organizations And Swap Dealer Capital Comparability Determination For Japan

Date 28/07/2022

I want to begin by saying what a true honor and privilege it is to be here, and to express my gratitude for the opportunity to work and serve with my fellow commissioners and that I am looking forward to our future together.

ISDA Launches Canadian Module For ISDA Resolution Stay Jurisdictional Modular Protocol

Date 28/07/2022

ISDA today announced the launch of a Canadian module to the ISDA Resolution Stay Jurisdictional Modular Protocol (JMP). The new module will allow market participants to comply with Canadian regulations that require contractual stays to be included in certain financial contracts not governed by Canadian law.

US Office Of Financial Research Pilots Cutting-Edge Data Hub To Assist With Climate-Risk Assessments

Date 28/07/2022

Today, the Office of Financial Research (OFR) announces the launch of its Climate Data and Analytics Hub pilot, a new tool to help financial regulators assess risks to financial stability stemming from climate change.  This collaborative environment will improve users’ access to public climate and public financial data, high-performance computing tools, and analytical and visualization software.  Access to the pilot initially will be limited to the Federal Reserve Board of Governors (FRB) and the Federal Reserve Bank of New York (FRBNY), with the goal of expanding access to all of the Financial Stability Oversight Council (FSOC) member agencies.

Concurring Statement Of CFTC Commissioner Caroline D. Pham Regarding Proposed Swap Dealer Capital And Financial Reporting Comparability Determination

Date 28/07/2022

I respectfully concur with the notice of proposed order and request for comment on an application for a capital comparability determination submitted by the Financial Services Agency (FSA) of Japan.

British Columbia Securities Commission Alleges Misrepresentation By Blockchain Technology Investment Company And Three Officers

Date 28/07/2022

The British Columbia Securities Commission (BCSC) alleges that a Vancouver-based blockchain technology investment company and three of its officers made a misrepresentation about the sales of its shares.

Alberta And Saskatchewan Securities Regulators Expand The Self-Certified Investor Prospectus Exemption To Facilitate Investment

Date 28/07/2022

The Alberta Securities Commission (ASC) and the Financial and Consumer Affairs Authority of Saskatchewan (FCAA) have amended the self-certified investor prospectus exemption in response to market feedback to provide greater flexibility to businesses and investors in Alberta and Saskatchewan.

Remarks Of CFTC Chairman Rostin Behnam At The July 28, 2022 US Financial Stability Oversight Council Meeting

Date 28/07/2022

The CFTC is one of the regulators at the forefront of climate-related risk management as firms and individuals will increasingly turn to the derivatives markets to manage and mitigate climate change-induced physical and transition risk.  We are making great progress at the CFTC to better understand our role in adapting the derivatives markets to withstand increasing climate-related financial risk.

US Financial Stability Oversight Council Council Meeting

Date 28/07/2022

On Thursday, July 28, U.S. Secretary of the Treasury Janet L. Yellen presided over a meeting of the Financial Stability Oversight Council (Council) by videoconference.  

SEC: Market Structure Updated Metrics

Date 28/07/2022

SEC Staff is pleased to provide the following updates:

•  Updated Metrics. Data series containing daily cancel-to-trade ratios, trade-order volumes, hidden rates, and odd-lot rate metrics for Q2 2022 are now available. This data extends to 126 total months the data series you can view in the data visualization tool as well as download in CSV format. The visualization for quote-life data now defaults to Q2 2022.

US Financial Stability Oversight Council Releases Factsheet On Climate-Related Financial Risk Efforts

Date 28/07/2022

The Financial Stability Oversight Council (Council) convened today and received an update on progress made by the Council and its members to identify and address climate-related financial risk. In its October 2021 Report on Climate Related Financial Risk, the FSOC identified climate change as an emerging threat to financial stability and issued over 30 related recommendations to financial regulators. The Council and its 15 members have been working in close coordination since the report to advance these recommendations, and have made considerable progress in the areas of capacity building, disclosure, data, and risk assessment. Climate-related financial risk has been a key priority since 2021, and the Council has also established a new staff-level interagency committee to coordinate these efforts. The accompanying factsheet released today details the progress made to-date by the FSOC’s members in implementing the climate-related financial risk report’s recommendations. As climate change continues and associated economic costs are expected to grow, the Council recognizes the critical importance of ensuring the resilience of the financial system.