News Centre

SEC: Former CEO Of Chicago Charter School Operator Settles Muni-Bond Fraud Charges

Date 21/06/2016

The Securities and Exchange Commission today announced a settlement with Juan Rangel, the former President of UNO Charter School Network Inc. and former CEO of United Neighborhood Organization of Chicago, for his role in a misleading $37.5 million bond offering to build three charter schools.

7 Major Financial Institutions Join Forces To Develop Blockchain Infrastructure For SME Post-Trade

Date 21/06/2016

BNP Paribas Securities Services, Caisse des Dépôts, Euroclear, Euronext, S2iEM and Société Générale, in collaboration with Paris EUROPLACE, today announced that they have signed a Memorandum of Understanding to explore together the development of a post-trade blockchain infrastructure for SMEs in Europe.

Remarks At The ISDA Annual Legal Forum In New York, Gary Barnett, SEC Deputy Director, Division Of Trading And Markets, June 16, 2016

Date 21/06/2016

Thank you Katherine for that kind introduction. Good morning everyone, it’s a pleasure to be here with you today at ISDA’s Annual Legal Forum in New York. As we have just heard, you have a great line up of topics, panels and speakers today, and I am honored to be a part of it. In that regard, I do have to note that the Securities and Exchange Commission, as a matter of policy, disclaims responsibility for any publication or statement by any of its employees. The views expressed herein are mine and do not necessarily reflect the views of the Commission or of my colleagues on the staff of the Commission.

Borsa Italiana Welcomes Vontobel As A New Issuer On SeDeX

Date 21/06/2016

• Vontobel listed more than 70 leverage certificates on the Italian market
• Vontobel becomes issuer with the largest product range of certificates on SeDeX 

SEC Halts Scheme Defrauding Pro Athletes

Date 21/06/2016

The Securities and Exchange Commission today announced that it has obtained a court order freezing the assets of an investment advisor it has charged with secretly siphoning millions of dollars from accounts he managed for professional athletes and investing them in a struggling online sports and entertainment ticket business on whose board he served.

Remarks Of CFTC Commissioner Sharon Y. Bowen Before The Managed Funds Association Forum 2016

Date 21/06/2016

I. Introduction

Thank you very much for the wonderful introduction. I’m very pleased to be here at Forum 2016. I’d also like to thank Paul for serving as moderator of our fireside chat. Today, I want to talk to you about a topic that is near and dear to my heart: improving the culture of finance and improving corporate governance. As many of you know, I spent over 30 years as a corporate lawyer in New York, and I had the privilege of counting many of the top players on Wall Street as my clients. I am a firm believer in both our markets and in the system that holds them up.

EBA Publishes Its Consumer Trends Report 2016

Date 21/06/2016

The European Banking Authority (EBA) published today its fifth annual Consumer Trends Report, which provides an overview of the trends observed in 2016, the issues that will or could have an impact on consumers and other market participants and the areas where the EBA may take any action, if needed. The report covers all the products that fall under the EBA's consumer protection mandate, such as mortgages, personal loans, deposits, payment accounts, payment services and electronic money. 

Global Finance Professionals Worry About London's Future In The Event Of A Brexit

Date 21/06/2016

Over 90% of finance professionals think that the competitiveness of London as a financial centre will either suffer or remain the same if the United Kingdom chooses to leave the European Union. This compares with less than 10% who believe that London's competitiveness will improve.

UK's Competition And Markets Authority Considers Undertakings In Broker Merger

Date 21/06/2016

The CMA will consider in detail undertakings offered by Tullett and ICAP instead of referring their merger for an in-depth investigation.

ICAP Plc - Statement Regarding Transaction With Tullett Prebon

Date 21/06/2016

ICAP plc (IAP.L), a leading markets operator and provider of post trade risk and information services, notes the statement from the Competition and Markets Authority ("CMA") announcing that it will consider the proposed remedy of a sale of ICAP’s voice/hybrid EMEA oil broking business in order to address the concerns raised by CMA with respect to the disposal of ICAP's global hybrid voice broking and information business to Tullett Prebon plc ("Tullett Prebon") (the "Transaction").