News Centre

FINRA Proposes Disseminating New-Issue Reference Data For Corporate Bonds - TRACE To Serve As Centralized Source For Consistent, Timely, Accurate Security Information

Date 28/03/2019

FINRA today filed with the U.S. Securities and Exchange Commission a proposal to expand its collection and dissemination of new-issue reference data for corporate bonds. The proposal calls for FINRA’s TRACE (Trade Reporting and Compliance Engine) to serve as a centralized source for market participants to receive more comprehensive and timely security description information about new issues.

Nasdaq Announces 2019 Annual Meeting of Stockholders

Date 28/03/2019

Nasdaq (Nasdaq: NDAQ) has scheduled its 2019 annual meeting of stockholders for April 23, 2019 at 8:30 AM ET. The meeting will be held at the Nasdaq MarketSite, 4 Times Square, New York, NY.

APRA And ASIC Publish World-Leading Life Insurance Data

Date 28/03/2019

The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have released a series of publications and an online tool allowing policyholders – for the first time – to compare life insurers’ performance in handling claims and disputes

SEC Charges College Official For Fraudulently Concealing Financial Troubles From Municipal Bond Investors

Date 28/03/2019

The Securities and Exchange Commission today charged the former controller of a New York-based not-for-profit college with defrauding municipal securities investors by fraudulently concealing the college’s deteriorating finances.

CFTC Unanimously Approves Project KISS Rulemakings To Ease Regulatory Burdens

Date 28/03/2019

The Commodity Futures Trading Commission (CFTC) announced today that it has unanimously approved two final rule amendments to simplify registrants’ obligations.

SIFMA Statement On Housing Finance Reform

Date 28/03/2019

SIFMA issued the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on housing finance reform:

“SIFMA has long supported comprehensive reform of the housing finance system that preserves the 30-year mortgage, maintains the immense benefits the TBA market provides to consumers, lenders, and investors, and promotes an active mortgage finance market outside of the government sector.  SIFMA commends the Administration and Congress for pursuing this important initiative and we look forward to working with them as they move toward a more permanent solution.”

Statement Of CFTC Chairman J. Christopher Giancarlo On The Final Rule Amending Regulations On Segregation Of Assets Held As Collateral In Uncleared Swap Transactions (23.700-704)

Date 28/03/2019

This final rule is another Project KISS proposal simplifying and reducing burdens by revisiting our rules based on staff implementation experience and public comment.  Today’s amendments will remove overly burdensome and prescriptive conditions for providing notice to counterparties of their right to segregate initial margin for uncleared swaps and the commercial arrangement between the parties regarding the investment of segregated initial margin.

My Reflections On The Bank Of England Financial Policy Committee's Strategy - Speech By Anil Kashyap, Given At The 50th Anniversary Of The Journal Of Money, Credit And Banking, Frankfurt.

Date 28/03/2019

n a speech in Frankfurt marking the 50th anniversary of the ‘Journal of Money, Credit and Banking’, Anil Kashyap reflects on his time on the Financial Policy Committee (FPC).

Statement Of CFTC Chairman J. Christopher Giancarlo On The Final Rule Regarding Financial Surveillance Examination Program Requirements For Self-Regulatory Organizations (1.52)

Date 28/03/2019

This Project KISS final rule regarding financial surveillance examination program requirements for self-regulatory organizations (SROs) will revise and appropriately limit the scope of a third-party expert’s evaluation of a SRO’s financial surveillance program, and extend the minimum timeframes from three to five years from when a SRO must engage a third-party expert to evaluate its FCM standards for consistency with certain auditing standards.  All of the comments received were in support of this proposal.  I also support it because it will reduce the burdens and costs for SRO examinations, without reducing their effectiveness.  It also more appropriately balances and recognizes the role and capabilities of the Commission’s oversight expertise.

Investing In Ethnicity & Race - Speech By Mark Carney, Given At The Investing In Ethnicity & Race Conference 2019, Bank Of England - Bank Of England Hosts ‘Investing In Ethnicity & Race’ Conference And Signs Race At Work Charter

Date 28/03/2019

The Bank of England today hosted an ‘Investing in Ethnicity & Race’ conference, which the Governor opened. The conference brought together over 100 executives, BAME future leaders, employee networks and inclusion professionals, to discuss and create action plans to eliminate barriers to progression and improve retention for BAME employees.