News Centre

FINRA Launches Small Firm Helpline To Provide Enhanced Support - New FINRA360 Initiative Provides Small Firms Additional Assistance

Date 22/01/2018

The Financial Industry Regulatory Authority (FINRA) today launched a Small Firm Helpline, the latest in a series of actions to enhance support for small firms that have been taken as part of the FINRA360 organizational improvement program.

FTSE Russell: Advisor Use Of Smart Beta Growing, But With Geographic Differences And Education Gaps

Date 22/01/2018

• 68-79% of US-, UK- and Canada-based financial advisors “aware,” yet only 35% on average are “very familiar” with smart beta investment strategies

• Outlook for future use of smart beta is strong in all three countries, yet advisors still skeptical and looking for more information

• Smart beta implementation still evolving; financial advisors divided as to whether it complements active or passive investment strategies

“Reasonably Bright”: The 2018 Economic Outlook - William Dudley, President Of The Federal Reserve Bank, SIFMA Event On The Economic Outlook For 2018

Date 22/01/2018

“Broadly speaking, the prospects for continued economic expansion in 2018 look reasonably bright,” said William Dudley, president of the Federal Reserve Bank of New York at a SIFMA event on the economic outlook for 2018.

United Nations Conference On Trade And Development - Global Foreign Direct Investment Slipped In 2017

Date 22/01/2018

Global flows of foreign direct investment (FDI) fell by 16% in 2017 to an estimated US$1.52 trillion, from a revised US$1.81 trillion in 2016, according to the latest UNCTAD Global Investment Trends Monitor.

SEC: Six Accountants Charged With Using Leaked Confidential PCAOB Data In Quest To Improve Inspection Results For KPMG

Date 22/01/2018

The Securities and Exchange Commission today announced charges against six certified public accountants – including former staffers at the Public Company Accounting Oversight Board (PCAOB) and former senior officials at KPMG LLP – arising from their participation in a scheme to misappropriate and use confidential information relating to the PCAOB's planned inspections of KPMG.

BNY Mellon To Launch FX Prime Brokerage Service

Date 22/01/2018

BNY Mellon has announced plans to address the increasingly complex and capital-constrained FX market by launching a prime brokerage service for its institutional clients. 

Statement On Charges Against Former KPMG And PCAOB Personnel, SEC Chairman Jay Clayton

Date 22/01/2018

Today, the U.S. Department of Justice and the SEC initiated enforcement actions against six former KPMG LLP and PCAOB personnel related to an alleged misappropriation of confidential PCAOB inspection information. More information relating to allegations can be found in the Orders Instituting Proceedings (Order 1, Order 2) and the accompanying press release. 

CFTC Cancels TAC Meeting Scheduled For January 23

Date 22/01/2018

Due to a lapse in appropriations that occurred at midnight on January 19, 2018, the Technology Advisory Committee (TAC) meeting scheduled for Tuesday, January 23 is cancelled and will be rescheduled for a later date. Consult cftc.gov for the new date and participation information.

Taskize And DTCC Collaborate On Trade Exception Solution

Date 22/01/2018

Taskize, the inter-bank problem-solving network for financial services operations, today announced that The Depository Trust & Clearing Corporation’s DTCC Exception Manager solution is leveraging its technology as part of its new solution to enable market participants to publish, manage and communicate exceptions throughout the trade lifecycle.

STOXX Launches First Global AI Index Based On AI Algorithm - New Index Comprises Around 200 Constituents - AI Selects Stocks Autonomously - New Website: www.stoxx.ai

Date 22/01/2018

Today, STOXX Ltd., the operator of Deutsche Börse Group’s index business and a global provider of innovative and tradable index concepts, introduced the world’s first index that uses AI-related algorithms to select companies exposed to the artificial intelligence (AI) megatrend at the Inside ETFs conference in the U.S. The new index will be available as of tomorrow, 23 January 2018.