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Testimony Of Federal Insurance Office Director Michael McRaith Before House Financial Services Subcommittee On Housing And Insurance

Date 28/09/2016

Chairman Luetkemeyer, Ranking Member Cleaver, Members of the Subcommittee, thank you for inviting me to testify today on the impact of U.S. – EU dialogues on insurance markets.

CFTC Orders SG Americas Securities, LLC To Pay A $750,000 Civil Monetary Penalty For Its Participation In Wash Transactions And Related Supervision Failures - CFTC Finds That The Firm Lacked Adequate Controls And Procedures To Detect And Prevent The Execution Of Unlawful Wash Exchange Of Futures For Physical Transactions - SG Americas Securities, LLC Is The successor To Newedge USA, LLC

Date 28/09/2016

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against SG Americas Securities, LLC, as successor to Newedge USA, LLC (Newedge), a financial services firm registered with the CFTC as a Futures Commission Merchant for participating in unlawful wash trades and for failing to diligently supervise over a three and a half year period. The CFTC Order requires SG Americas Securities, as successor to Newedge, to pay a $750,000 civil monetary penalty and comply with an undertaking to improve its internal controls and procedures in order to detect and prevent the execution, clearing and reporting to an exchange of non-bona fide exchange of futures for physical transactions (EFPs).

Statement On Adoption Of Rule On Standards For Covered Clearing Agencies And Proposal On Amendments To Related Definitions, SEC Commissioner Kara M. Stein, Sept. 28, 2016

Date 28/09/2016

I would like to thank the staff for their hard work in bringing these recommendations to the Commission, including Jeffrey Mooney, Stephanie Park, Matthew Lee, Elizabeth Fitzgerald, DeCarlo McLaren, Gena Lai, Carson McLean, Roy Cheruvelil, Hari Phatak, Parul Sharma, Robert Teply, Donna Chambers, and Paula Sherman.

Office Of The Comptroller Of The Currency: Comptroller Discusses How Best To Assess Foreign Correspondent Banking Risk

Date 28/09/2016

Comptroller of the Currency Thomas J. Curry today discussed re-evaluation of risks associated with foreign correspondent banking. His remarks came during an appearance at the 15th Annual Anti-Money Laundering and Financial Crime Conference.

Statement Of SEC Commissioner Piwowar At Open Meeting Regarding Adoption Of Clearing Agency Standards And Proposal Of Amendments To Clearing Agency Definitions, Commissioner Michael S. Piwowar, Sept. 28, 2016

Date 28/09/2016

Thomas Sullivan, Associate Director, Federal Reserve Division Of Banking Supervision And Regulation - Insurance Regulation - Before The Subcommittee On Housing And Insurance, Committee On Financial Services, U.S. House Of Representatives, Washington, D.C.. September 28, 2016

Date 28/09/2016

Introduction
Chairman Luetkemeyer, Vice Chairman Westmoreland, Ranking Member Cleaver, and other members of the subcommittee, thank you for inviting me to testify on behalf of the Federal Reserve.

BM&FBOVESPA Launches The Second Edition Of The Novo Valor Sustainability Guide - With Related Orientations For Listed Companies And Recommendations On Approaches To The Issue, The New Guide Also Has Indicators That Are In Line With International Guidelines

Date 28/09/2016

BM&FBOVESPA has launched the second edition of the “Novo Valor – Corporate Sustainability: How to begin, who to involve and what to prioritize” Sustainability Guide, in line with international sustainability indicators such as Sustainable Stock Exchanges (SSE)*, the World Federation of Exchanges (WFE), the Global Reporting Initiative (GRI) and Corporate Knights Capital. The new guide is a  evolution of  the first edition, published in 2011. Furthermore, in April this year the Exchange published an adaptation of the Novo Valor Guide to encourage private companies to reflect and adopt good sustainability practices in their business.

N+1 And C.W. Downer Become ALANTRA

Date 28/09/2016

• N+1, the financial advisory and asset management group, enters a new era with the adoption of a new global brand for the institution.
• With this decision, the partners of the 19 countries and different businesses in which the group operates are putting behind brands that have been in the market between 15 and 40 years (N+1, C.W. Downer & Co., Swiss Capital, Daruma, Dinamia).
• This is another critical step in the firm’s goal to become a global financial services institution specialized in the mid-market segment. ALANTRA’s 57 partners and 345 professionals operate from 25 global offices.
• In the US, Alantra plans to add 15 bankers and open 2 new offices.

Stanford, MIT And Harvard Top The Second Annual Reuters Top 100 Ranking Of The Most Innovative Universities

Date 28/09/2016

Stanford University, the Massachusetts Institute of Technology and Harvard University top the second annual Reuters Top 100 ranking of the world’s most innovative universities. The Reuters Top 100 ranking aims to identify the institutions doing the most to advance science, invent new technologies and help drive the global economy. Unlike other rankings that often rely entirely or in part on subjective surveys, the ranking uses proprietary data and analysis tools from the Intellectual Property & Science division of Thomson Reuters to examine a series of patent and research-related metrics, and get to the essence of what it means to be truly innovative.

OCC Supports SEC Decision On Covered Clearing Agency Rules

Date 28/09/2016

OCC, the world's largest equity derivatives clearing organization, today released the following statement from Executive Chairman and Chief Executive Officer Craig Donohue regarding the U.S. Securities and Exchange Commission's (SEC) decision on covered clearing agency rules.