News Centre

SIFMA Comments On Proposed Changes To The Volcker Rule

Date 18/10/2018

In a comment letter on the proposed changes to the Volcker Rule, SIFMA expressed its support of the goal of making the Volcker Rule regulations more simple, transparent and efficient, while noting that portions of the proposal fail to meet this goal and would undermine the ability of banking institutions to act for customers in the capital markets.

U.S. Department Of Justice: Two Former Deutsche Bank Traders Convicted For Role In Scheme To Manipulate A Critical Global Benchmark Interest Rate

Date 17/10/2018

A former supervisor of Deutsche Bank’s Pool Trading Desk and a former derivatives trader were convicted today in New York for their participation in a scheme to manipulate the London Interbank Offered Rate (LIBOR), a critical global benchmark tied to trillions of dollars in derivatives, loans, mortgages, and other financial products.    

CFTC Swaps Report Update

Date 17/10/2018

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

SEC Charges Investment Adviser With Stealing From Friends, Community Members

Date 17/10/2018

The Securities and Exchange Commission today announced charges against an investment adviser with a history of violating the securities laws for defrauding his close friends and community members. 

Minutes Of the Federal Open Market Committee, September 25-26, 2018

Date 17/10/2018

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on September 25-26, 2018. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the meeting is also included as an addendum to these minutes.

Ontario Securities Commission Seeks Applications For The Securities Proceedings Advisory Committee

Date 17/10/2018

The Ontario Securities Commission (OSC) is seeking applications for membership on its Securities Proceedings Advisory Committee (SPAC).

Relocation Of European Medicines Agency And European Banking Authority: Agreement On The Legal Text

Date 17/10/2018

Today the Permanent Representatives Committee (Coreper) approved, on behalf of the Council, an agreement with the European Parliament on the text of the regulations for the relocation of the European Medicines Agency (EMA) to Amsterdam, and of the European Banking Authority (EBA) to Paris.

"Cryptovalley Meets SDX" - Representatives Of SIX And SDX Spoke To Members Of The Crypto Community And Blockchain Specialists About Building The SIX Digital Exchange

Date 17/10/2018

More than 100 guests attended the meet-up "Cryptovalley meets SDX" in Zug on 15 October 2018 to learn more about the plans of SIX and SIX Digital Exchange (SDX). Valerio Roncone, Head Product Management and Development for Securities & Exchanges, SIX, provided some insight into the strategic considerations and motivations of SIX in tackling a project like SDX. Ivo Sauter and Sven Roth of SDX showed the technological and strategic decisions that have been made so far to make SDX a reality.

Council Of The European Union: General Affairs Council (Art. 50), 16/10/2018 - State Of Play - Brexit

Date 17/10/2018

Main results

The Council, meeting in an EU27 format, was informed by the Commission's Brexit chief negotiator, Michel Barnier, about the most recent talks with the UK, including his meeting with UK Secretary of State Dominic Raab. During the meeting, Michel Barnier explained that despite intense negotiating efforts, some key issues remain open, in particular the backstop to avoid a hard border between Ireland and Northern Ireland.

NYSE Responds To SEC Decision On Certain Market Data Fees

Date 17/10/2018

Following the SEC decision regarding market data fees relating to NYSE Arca book, as published on October 16, the NYSE has put forward its official statement on the matter: