News Centre

Shenzhen Stock Exchange Launches “Safeguarding Rational Investment” Series Investor Education Event

Date 27/04/2018

To implement the CSRC deployment of special activities on investor education named “Upholding Rational Investment”, on April 26, SZSE held the “Safeguarding Rational Investment with You” Series Investor Education Event and Listed Companies’ Investor Exchange Meeting, together with Guangdong Securities Regulatory Bureau, Shenzhen Securities Regulatory Bureau, and the Investor Service Center. Over 200 investor representatives and representatives from member companies, listed companies, and the media attended the meeting. The exchanges themed “smart manufacturing” for SZSE-listed companies and investors were also included in the event, being the first of its kind. The activities presented a favorable image of the capital market in serving the real economy and boosting quality economic development.

Shanghai Stock Exchange, China Securities Depository And Clearing Co. Issue Interim Measures For Transactions, Settlement Of Bonds In Collateralized Tri-party Repo

Date 27/04/2018

In order to improve the multi-level repo market system, better serve the institutional investors, and promote the healthy development of the bond market on the Shanghai Stock Exchange (SSE), recently the SSE and China Securities Depository and Clearing Co. Ltd. (CSDC) issued and implemented the "Interim Measures of SSE and CSDC for Transactions and Settlement of Bonds in Collateralized Tri-party Repo" (the "Interim Measures" for short) based on learning from the mature experience gained by the overseas repo markets and extensively soliciting and absorbing the opinions in the market.

Statement On Motions To Intervene Regarding 5th Circuit Decision Vacating The DOL Fiduciary Rule

Date 27/04/2018

The U.S. Chamber of Commerce, Financial Services Institute, Financial Services Roundtable, Insured Retirement Institute, and Securities Industry and Financial Markets Association released the following statement today on motions to intervene in order to petition the full Fifth Circuit Court of Appeals to rehear the recent decision vacating the Department of Labor’s fiduciary rule in its entirety:

“The 5th Circuit got it right in its March 15, 2018 opinion striking the DOL fiduciary rule in toto.  We will oppose any motion to intervene in this case at this late stage.”

SIFMA And Partners Make Recommendations For Reversing Decline In IPOs, Expanding America’s Public Capital Markets

Date 27/04/2018

SIFMA, along with a host of partner organizations, issued a new report today offering recommendations for strengthening U.S. public capital markets by helping more companies go and stay public.

Luminex Wins “Best Dark Pool” At 2018 Markets Choice Awards

Date 26/04/2018

Luminex Trading & Analytics LLC, a buy side-owned trading venue delivering efficient, low-cost block executions, has been awarded “Best Dark Pool” at the 2018 Markets Choice Awards, sponsored by Markets Media.

Remarks At MSRB Dinner To Celebrate Milestones In Municipal Market Transparency, SEC Commissioner Michael S. Piwowar , Washington, D.C., April 24, 2018

Date 26/04/2018

Thank you, Lucy [Hooper], for that kind introduction. Thanks also to Lynnette [Kelly] for inviting me to speak at this celebratory event.

US Department Of Justice: Former Head Of HSBC’s Global Foreign Exchange Cash-Trading Sentenced To Prison For Multimillion-Dollar Front-Running Scheme

Date 26/04/2018

The former head of global foreign exchange cash trading at HSBC Bank plc, a subsidiary of HSBC Holdings plc (collectively HSBC), was sentenced to prison today for his role defrauding an HSBC client through a scheme commonly referred to as “front running.”  The Court remanded Johnson to the custody of the Bureau of Prisons.

ISDA Elects New Board Members - Expands CCP Representation On Board

Date 26/04/2018

The International Swaps and Derivatives Association, Inc. (ISDA) has announced that four new directors are joining its Board of Directors, as it continues to expand its regional and business diversity.

Remarks Of CFTC Commissioner Brian Quintenz Before The Eurofi High Level Seminar 2018

Date 26/04/2018

Good morning.  This is the first Eurofi Seminar that I have had the privilege to attend and I am delighted to be able to participate in this remarkable conference.  Before I begin, let me quickly say that the views I express are my own and do not represent the views of the Commission. 

In addition to being my first Eurofi conference, this is also my first trip to Sofia.  I have been struck by the city’s beauty and its embodiment of living history.  Sofia has been inhabited for over 8,500 years, but perhaps its closest modern day precursor was the Thracian settlement Serdica built by the Roman Emperor Trajan in the second century BC.  Reminders of antiquity are scattered amongst modernity in this bustling city.  Indeed, I have only to look out the window of my hotel to see St. George's Church – built in the 4th century AD – safely ensconced in the courtyard. I discovered that the very parking lot of my hotel was once rumored to sit on top of Constantine the Great’s palace. However, recent excavations of St. Nedeylya square unearthed not a palace, but the ruins of an enormous building containing various artefacts, including a ceramic vessel containing 3,000 silver Roman coins inside, with the owner’s name, Selvius Calistus, scratched on the outside.

Canadian Securities Regulators Publish IIROC Oversight Review Report

Date 26/04/2018

The Canadian Securities Administrators (CSA) today released the Oversight Review Report of the Investment Industry Regulatory Organization of Canada (IIROC). The report evaluates whether specific regulatory processes were effective, efficient, and were applied consistently and fairly, and whether IIROC complied with the terms and conditions of its Recognition Orders.