News Centre

UK's Financial Conduct Authority Finds Weak Price Competition In Some Areas Of The Asset Management Sector

Date 18/11/2016

The Financial Conduct Authority (FCA) has today published the interim findings of its asset management market study, which suggests that there is weak price competition in a number of areas of the asset management industry.

Tokyo Commodity Exchange: Extended Inhibition Of Implied Function (Bait Order Generation)

Date 18/11/2016

The Exchange announced today that the implied function (bait order generation) will continue to be inhibited until further notice. Examinations have been implemented by the system development provider to activate bait order generation on November 28, but a glitch was newly found concerning such function within the package system. Therefore the Exchange decided to extend the current inhibition until the problem is solved. The Exchange will make an announcement once it decides to lift the inhibition.

OneChicago Holiday Trading Hours

Date 18/11/2016

In observance of the upcoming holidays, OneChicago will follow the schedule below, which is consistent with U.S. equity markets.

FINRA Sanctions Oppenheimer & Co. $3.4 Million For Reporting Violations, Failing To Comply With Discovery Obligations In Arbitrations, And Other Supervisory Failures - $1.85 Million Paid To Customers

Date 17/11/2016

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Oppenheimer & Co. Inc. $1.575 million and ordered the firm to pay $1.85 million to customers for failing to report required information to FINRA, failing to produce documents in discovery to customers who filed arbitrations, and for not applying applicable sales charge waivers to customers.

Statement By New York Attorney General Eric T. Schneiderman On Reports That The Presidential Transition Team Is Considering Ways To Dismantle State Consumer And Investor Protection Statutes, Also Known As Blue Sky Laws

Date 17/11/2016

Attorney General Eric T. Schneiderman released the following statement after reports that the Presidential Transition Team is considering ways to dismantle state consumer and investor protection statutes, also known as Blue Sky laws:

“I am deeply troubled by reports that the Presidential Transition Team is considering ways to eviscerate some of the most basic consumer and investor protection laws in the country."

SEC Charges Renewable Energy Company, CEO, And Others With Defrauding Investors

Date 17/11/2016

The Securities and Exchange Commission today filed fraud charges against four individuals and others who allegedly profited by defrauding investors in a cash-strapped California-based renewable energy company.

Ontario Securities Commission Publishes Investor Office Activity Report For 2015-2016

Date 17/11/2016

The Ontario Securities Commission (OSC) today published OSC Staff Notice 11-776 Investor Office Activity Report 2015-2016.

Canadian Securities Administrators Announces Cyber Security Roundtable

Date 17/11/2016

The Canadian Securities Administrators (CSA) announced today that it will hold a roundtable to discuss issues related to cyber security and opportunities for greater collaboration, communication and coordination in the event of a cyber security incident. The roundtable follows the publication of CSA Staff Notice 11-332 Cyber Security, which identifies related issues and opportunities.

Canadian Securities Regulators Publish Guidance For Portfolio Managers Working With Investment Dealers

Date 17/11/2016

The Canadian Securities Administrators (CSA) today published CSA Staff Notice 31-347 Guidance for Portfolio Managers for Service Arrangements with IIROC Dealer Members. The notice provides information and guidance for CSA-regulated portfolio managers who enter into custody and trading arrangements with dealer members of the Investment Industry Regulatory Organization of Canada (IIROC). 

Deutsche Börse: Unscheduled Adjustment In TecDAX - Adjustments To The Free Float And Share Class Of AIXTRON SE To Be Replaced - Changes To Be Effective As Of 22 November 2016

Date 17/11/2016

On Thursday, Deutsche Börse announced an unscheduled change to TecDAX. As a result of the expected acquisition of AIXTRON SE by Grand Chip Investment GmbH, the tendered share line of AIXTRON SE (ISIN DE000A2BPYT0) in the index will be deleted and replaced with the prior AIXTRON SE share line (ISIN DE000A0WMPJ6). This change is due to the end of the final tender period of the acquisition from 10 November 2016. This process ensures that the relevant criteria of index continuity and tradability are upheld.