News Centre

Statement At Open Meeting: Modernizing And Enhancing Investment Company And Investment Adviser Reporting, SEC Chair Mary Jo White

Date 13/10/2016

Good morning. This is an open meeting of the Securities and Exchange Commission on October 13, 2016 under the Government in the Sunshine Act.

Concurring Statement Of CFTC Commissioner Sharon Y. Bowen Regarding Order Establishing De Minimis Threshold Phase-In Termination Date Pursuant To Commission Regulation 1.3(ggg)(4)(ii)(C)(1)

Date 13/10/2016

While we might disagree on the details of today’s order, I think we can all agree on one thing: today’s action is very important to how the swaps industry operates and our system of financial regulation functions. If we do not accurately and appropriately set the mandatory level of trading for swap dealer registration, our entire regulatory regime for the swaps market will be weakened.

Hong Kong's Securities And Futures Commission Commences Cybersecurity Review On Brokers’ Internet And Mobile Trading Systems

Date 13/10/2016

The Securities and Futures Commission (SFC) has launched a review to assess the cybersecurity preparedness, compliance and resilience of brokers’ internet and mobile trading systems. 

EBRD And Zagreb Stock Exchange Support Growth In Croatia

Date 13/10/2016

The European Bank for Reconstruction and Development (EBRD) and the Zagreb Stock Exchange(ZSE) are launching the “SME Growth Market Project”. Presented to the public today in Zagreb, the project aims to increase the access of local small and medium-sized enterprises (SMEs) to local capital markets.

CFTC: Commission Approves An Order Regarding Swap Dealer Registration De Minimis Exception

Date 13/10/2016

The U.S. Commodity Futures Trading Commission (Commission) today approved an Order establishing December 31, 2018 as the swap dealer registration de minimis threshold phase-in termination date.

SIFMA President And CEO Kenneth E. Bentsen, Jr. Opening Remarks SIFMA AMG Global Developments Conference

Date 13/10/2016

Good morning and thank you all for being here today to talk about global developments in the asset management industry.  As many of you know, SIFMA’s asset management group, or AMG, has been increasingly engaged at the global level, where regulation has rapidly grown in response to the 2008 financial crisis and as such continues to evolve, impacting every aspect of financial services including asset management.   And while many regulators have sought to signal that the long process of rule‐making in response to the crisis may be coming to an end, there is no doubt very much still in the pipeline at both the global and national level, and with events such as the vote by the United Kingdom to leave the EU, or Brexit, perhaps more uncertainty than certainty with respect to the new rules that will govern markets domestically and cross border.  As such, we are glad you all have joined us today to look at some of these developments.  

ESMA AND IFRS® Foundation Strengthen Cooperation

Date 13/10/2016

The European Securities and Markets Authority (ESMA) and the IFRS Foundation today announced an updated set of protocols under which the two organisations will deepen their cooperation on the development of IFRS Standards and support for their consistent application across the European Union.

Swiss Exchange September 2016 Statistics: Higher Turnover And Trading Volume

Date 13/10/2016

CFTC Releases Rule Enforcement Review Of The New York Mercantile Exchange, Inc. And The Commodity Exchange, Inc.

Date 13/10/2016

The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) announced today that it has issued the results of a rule enforcement review of the New York Mercantile Exchange and the Commodity Exchange (NYMEX and COMEX or exchanges). The review, which covered a one-year target period, evaluated the exchanges’ market surveillance programs and their compliance with elements of Designated Contract Market Core Principles 2 (Compliance with Rules), 4 (Prevention of Market Disruption), and 5 (Position Limitations or Accountability). The review did not evaluate the exchanges’ procedures for monitoring Exchange for Related Position transactions, which procedures are currently under evaluation by the Division in a separate rule enforcement review.

HKEX: Arrangements For Adjustment Of SMIC Structured Products And Futures

Date 13/10/2016

Hong Kong Exchanges and Clearing Limited (HKEX) has announced the arrangements for the adjustment to Semiconductor Manufacturing International Corporation (SMIC) futures to account for SMIC's share consolidation.