News Centre

Statement Announcing SEC Staff Roundtable On The Proxy Process, SEC Chairman Jay Clayton

Date 30/07/2018

Shareholder engagement is a hallmark of our public capital markets, and the proxy process is a fundamental component of that engagement. In 2010, the Commission issued a concept release seeking public comment on whether the U.S. proxy system as a whole operates with the accuracy, reliability, transparency, accountability, and integrity that shareholders and companies should expect. In light of the many changes in our markets, technology, and how companies operate since then, SEC staff will host a roundtable this fall to hear from investors, issuers, and other market participants about whether the SEC’s proxy rules should be refined.

IMF Managing Director Christine Lagarde Appoints Rhoda Weeks-Brown As General Counsel Of The IMF And Director Of The Legal Department

Date 30/07/2018

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), today announced her intention to appoint Rhoda Weeks-Brown as the IMF’s General Counsel and Director of the Legal Department. Ms. Weeks-Brown succeeds Mr. Sean Hagan whose retirement was announced previously. She is expected to begin her work in this capacity on September 17, 2018.

FINRA Requests Comment On Fintech Innovation In The Broker-Dealer Industry

Date 30/07/2018

FINRA today issued a Special Notice seeking comment on how it can support financial technology (fintech) innovation consistent with its mission of investor protection and market integrity. The announcement builds on an initiative FINRA launched last year to improve communication with the securities industry around fintech. In addition, FINRA requests comment on certain fintech areas, including the provision of data aggregation services, supervisory processes concerning the use of artificial intelligence, and the development of a taxonomy-based machine-readable rulebook. The Notice requests comment by October 12, 2018.

Euronext Appoints Chris Topple As CEO Of Euronext London

Date 30/07/2018

Euronext today announces that the Supervisory Board has approved unanimously the appointment of Chris Topple as CEO of Euronext London, Head of Global Sales and a member of the Managing Board of Euronext N.V., subject to all relevant shareholder and regulatory approval.

ESMA Updates The Questions And Answers On ESMA’S Temporary Product Intervention Measures

Date 30/07/2018

The European Securities and Markets Authority (ESMA) has today updated its Questions and Answers on ESMA’s temporary product intervention measures on the marketing, distribution or sale of CFDs and binary options to retail clients based on Article 40 of Regulation (EU) No 600/2014 (the Markets in Financial Instruments Regulation, MiFIR).

CFTC Orders R.J. O’Brien & Associates LLC To Pay A $600,000 Civil Monetary Penalty For Supervisory Failures And Violation Of A Prior Commission Order

Date 30/07/2018

The Commodity Futures Trading Commission (CFTC or Commission) today issued an Order filing and simultaneously settling charges against R.J. O’Brien & Associates LLC (RJO) of Chicago, Illinois, for failure to diligently supervise its employees’ handling of customer accounts and for violating the terms of a prior Commission Order.  At all relevant times, RJO was registered with the Commission as a Futures Commission Merchant.

Proposal To Change Finansinspektionenʼs Regulations (FFFS 2014:33) Regarding The Countercyclical Buffer Rate - Countercyclical Buffer Proposals For New Regulatory Code News Financial Stability Markets Bank

Date 30/07/2018

Finansinspektionen proposes to raise the countercyclical buffer rate to 2,5 percent. The rate is currently at 2 percent. The change will be effective from the 19 September 2019. 

OCC Financial Safeguards Framework Approved By SEC

Date 30/07/2018

OCC, the world's largest equity derivatives clearing organization, today announced that the U.S. Securities and Exchange Commission approved the company's proposed Financial Safeguards Framework, which impacts how OCC sizes its Clearing Fund and allocates contributions to the Clearing Fund from OCC's clearing members. OCC plans to implement the FSF starting on September 4.

Bursa Malaysia Announces Highest Half Year Operating Revenue Since 2005 Listing

Date 30/07/2018

Key Financial & Market Highlights

(1H2018 vs 1H2017)

• PATAMI at RM122.0 million, increased by 5.0%

• Annualised ROE at 28%, increased by 2 percentage points

• Basic earnings per share at 15.1 sen

• Operating revenue at RM279.1 million, increased by 3.6%

• Operating expenses at RM123.4 million, lower by 1.2%

• Cost-to-income ratio at 42%, improved by 2 percentage points

• Average daily trading value for Securities Market’s On-Market Trades at RM2.7 billion, increased by 9.0%

• Market capitalisation as at 30 June 2018 at RM1.8 trillion, lower by 3.7%

• Securities Market velocity at 36%, improved by 1 percentage point

• Average daily contracts traded for Derivatives Market at 54,794 contracts, lower by 8.4%

• Average daily trading value for BSAS at RM21.5 billion, up 18.6%

Highlighting Its Achievements And Future Plans: Tadawul Publishes Its Annual Report: "Expansion And Diversification"

Date 30/07/2018

The Saudi Stock Exchange (Tadawul) launched its 2017 annual report under the theme "Expansion and Diversification" to provide a comprehensive review of the company's performance and achievements during the financial year ended on 31 December 2017.