News Centre

Improvements To The Electronic Disclosure System At The Abu Dhabi Securities Exchange (ADX) - Al Mansouri: “These Improvements Will Accelerate The Process Of Digital Transformation And Enhance The Exchange’s Vitality”

Date 07/11/2019

Abu Dhabi Securities Exchange (ADX) announced that it has implemented improvements and advancements to its electronic disclosure system and mechanisms, which will keep pace with the latest technologies and best practice applied in global exchanges. Through these digital enhancements, which came into effect on 1st November, companies will be able to practice immediate disclosure without the need for prior approval from the Exchange except for trading suspensions, resumption of trading and insider trading situations.

CME Group Declares Quarterly Dividend

Date 06/11/2019

CME Group Inc., the world's leading and most diverse derivatives marketplace, today declared a fourth-quarter dividend of $0.75 per share, payable December 27, 2019, to shareholders of record as of December 10, 2019. 

Statement At Open Meeting On Proposed Amendments To Improve Accuracy And Transparency Of Proxy Voting Advice, SEC Commissioner Hester M. Peirce, Nov. 5, 2019

Date 06/11/2019

Good morning.  Thank you to the Chairman, Commissioner Roisman, the staff in the Divisions of Corporation Finance and Economic and Risk Analysis, and other staff throughout the building for today’s effort to address weaknesses in the existing proxy process.  I am looking forward to hearing the views of commenters in response to today’s proposal.

Fiserv Reports Third Quarter 2019 Results

Date 06/11/2019

• Company completed its acquisition of First Data in the quarter;
• GAAP revenue growth of 122% in the quarter and 44% year to date;
• GAAP EPS decrease of 40% in the quarter and 36% year to date;
• Internal revenue growth of 6% in both the quarter and year to date;
• Adjusted EPS increase of 17% in the quarter and 16% year to date;
• Company now expects 2019 internal revenue growth of 6% and
• Adjusted EPS growth of 16% to 17% for the full year

Statement At Open Meeting On Proposed Amendments To Modernize Shareholder Proposal Rule, SEC Commissioner Hester M. Peirce, Nov. 5, 2019

Date 06/11/2019

I would like to again thank the Chairman, Commissioner Roisman, the staff in the Divisions of Corporation Finance and Economic and Risk Analysis, and other staff throughout the building.

Chairman Tarbert To Participate In A Fireside Chat At The Third Annual Invest: NYC

Date 06/11/2019

SEC Issues Agenda For Nov. 12 Meeting of Small Business Capital Formation Advisory Committee

Date 06/11/2019

The Securities and Exchange Commission today released the agenda for the Tuesday, Nov. 12 meeting of its Small Business Capital Formation Advisory Committee. The committee provides the Commission with advice and recommendations on Commission rules, regulations and policy matters relating to small businesses, from privately-held emerging companies to smaller public companies. Additional information on the committee, including its members, is available on the committee webpage.

CFTC Swaps Report Update

Date 06/11/2019

CFTC's Weekly Swaps Report has been updated, and is now available.

FINRA Orders Merrill Lynch, Pierce, Fenner & Smith Inc., Raymond James & Associates, Inc., And Raymond James Financial Services, Inc. To Pay More Than $12 Million In Restitution To Customers For Supervisory Failures Involving 529 Plan Share Classes - Firms Failed To Reasonably Supervise 529 Plan Share-Class Recommendations Made To Customers; Matters Identified Prior To FINRA Initiative Launched In January

Date 06/11/2019

FINRA announced today that Merrill Lynch, Pierce, Fenner & Smith Incorporated (Merrill Lynch), Raymond James & Associates, Inc. (RJA), and Raymond James Financial Services, Inc. (RJFS) have agreed to pay a total of approximately $12 million in restitution to customers who incurred excess fees on their investments in 529 savings plans based on the firms’ failures to reasonably supervise 529 plan share-class recommendations. Merrill Lynch has agreed to pay restitution of at least $4 million relating to the sale of Class C shares to 529 plan accounts with young beneficiaries. RJA has agreed to pay more than $3.8 million in restitution and RJFS has agreed to pay $4.2 million in restitution.

What You Don’t Know Can Hurt You, Stephanie Avakian, SEC Co-Director, Division Of Enforcement, London, England, Nov. 5, 2019

Date 06/11/2019

Introduction

 Good morning and thank you for inviting me to speak today. Before I begin, let me give the required disclaimer that the views I express here today are my own and do not necessarily represent the views of the Commission or its staff.

I am honored to be the speaker for the first talk in the Scott Friestad lecture series. I know Scott was an active participant in this conference and that many of you knew him well, and I ask your indulgence while I say a few words about him.