In a response to a request by the CFTC’s Technology Advisory Committee for comment on how best to develop a 21st century surveillance system, the Financial Industry Association (FIA) and the FIA Principal Traders Group submitted a comment letter this week setting forth five core principles for modernizing market surveillance.
Recently appointed CFTC Chairman Tim Massad announced last week that there were “a lot of things” he would like to do to continue the CFTC’s goal of regulating financial markets, but that he is held back by strict congressional budget constraints
The CFTC’s Division of Market Oversight this week granted no-action relief from certain requirements applicable to swap dealers and major swap participants regarding the reporting of swap transactions to swap data repositories. The no-action relief, issues June 30, 2014, extends previous no-action relief regarding the reporting of valuation data reporting of cleared swaps.
Maxine Waters, ranking member of the House Financial Services Committee, urged the CFTC this week to begin investigating the offshore actions of Wall Street banks in avoiding certain mandates set forth in the Dodd-Frank Act.
The CFTC announced last week its first award under the whistleblower award program initiated pursuant to the Dodd-Frank Act. Under the program, eligible whistleblowers are entitled to a financial award where original information provided leads to a successful enforcement action and the collection of at least $1 million. Whistleblowers who file successful claims are also entitled to job security and […]
The Commodity Futures Trading Commission (CFTC) released a no-action letter recently, offering relief to public utilities that were having trouble finding market participants willing to work with them for hedging purposes.
Among a list of reasons for this given by CFTC Commissioner Scott O’Malia during an event, O’Malia mentioned inconsistent reporting and technological issues as major pain points.
The Commodity Futures Trading Commission’s internal regulator has determined that the CFTC may have been in violation of a federal law that requires the Commission to maintain a research program after suspending outside research from being published.
FinanceFeeds - The Central Bank aims to adopt an approach differentiating between dealers that service business entities and those that offer their services to individual clients. The post Russian c-bank aims to widen regulatory ambit regarding securities, FX dealers appeared first on FinanceFeeds. […]
FinanceFeeds - The company, actively marketed for sale by FXCM, has a new office address at 12th Floor 30 Crown Place London EC2A 4EB. The post Lucid Markets Trading changes registered office address appeared first on FinanceFeeds. […]
FinanceFeeds - Temenos is required, by not later than 5.00 pm on March 20, 2018, to announce a firm intention to make an offer for Fidessa or not. The post Fidessa confirms acquisition talks with Temenos appeared first on FinanceFeeds. […]
FinanceFeeds - According to the broker, the complaint should be dismissed as it rests on the false legal premise that ETNs the plaintiffs traded are ineligible for portfolio margin treatment. The post Interactive Brokers replies to customers’ claims about faulty management of portfolio margin accounts appeared first on FinanceFeeds. […]
FinanceFeeds - Euronext forecasts that its 2019 financials will also benefit from the full-year contribution of FastMatch and of the Irish Stock Exchange. The post Euronext reports €7.2 million in spot FX revenues following acquisition of FastMatch appeared first on FinanceFeeds. […]
FinanceFeeds - Fraudsters are abusing GMO Internet's name and reputation by launching a fraudulent website and Twitter account purportedly offering Bitcoin mining equipment. The post Fraudulent Bitcoin mining machine seller tries to impersonate GMO Internet appeared first on FinanceFeeds. […]
Press release about BCBS issuing "Sound Practices: implications of fintech developments for banks and supervisors issued by the Basel Committee" (19 February 2018) […]
FinanceFeeds - "The EU General Data Protection Regulation (GDPR) is the most important change in data privacy regulation in 20 years." - EUGDPR.org The post How to engage your audience in the era of GDPR appeared first on FinanceFeeds. […]
FinanceFeeds - With introductions of new NYSE member prime services vendors that can provide brokers with a whole new product range to compliment their existing one, there has never been a better time to go multi asset. BCS Americas CEO Gary Esayian talks openly with FinanceFeeds in New York The post A new prime institutional partner for broker dealers: We speak to BCS in New York about its B2B listed and OTC multi-asset expansion appeared first on FinanceFeeds. […]
FinanceFeeds - HSBC Securities, Nomura Securities and RBC Capital Markets are among the 15 defendants to have the case against them dismissed. The post Plaintiffs in market manipulation case dismiss claims against 15 Primary Dealers of US Treasuries appeared first on FinanceFeeds. […]
FinanceFeeds - More than three years after the events from January 15, 2015, the joint special administrators of the broker say they will apply to Court to seek closure of the Special Administration. The post Alpari (UK) set to exit administration in March 2018 appeared first on FinanceFeeds. […]
CPMI press release about release of report on Cross-border retail payments, 16 February 2018. […]
FINRA is issuing this Alert to warn investors that scammers are posing as regulators to separate you from your money. We want you to know that neither FINRA, nor any of its executives, will ever provide a "guarantee" on an investment or offer to facilitate your participation in any sort of money-making scheme. […]
In a new letter and testimony submitted to the House Financial Service Committee, FIA continues to advocate for U.S. Congress to address the unintended consequences of post-crisis financial... Washington DC - FIA today released the following statement in response to the announcement by three Indian exchanges that they will impose restrictions on the licensing of indices and market data...On Jan. 31, the Commodity Futures Trading Commission's Market Risk Advisory Committee held a day-long meeting to discuss the self-certification process used by Cboe Futures Exchange and CME Group...Opening Statement of Ed Pla, Global Co-Head of Clearing and Execution for UBS, to the Market Risk Advisory Committee of the Commodity Futures Trading CommissionOn 23 January, FIA and ISDA (the Associations) submitted feedback on the European Commission’s (Commission) published Draft Implementing Regulation on the operations of the European Supervisory...Each month, FIA collects data on the volume of futures and options contracts traded on exchanges around the globe as well as open interest outstanding at the end of the month. This infographic... (RSS generated with FetchRss) […]
Press Release about BIS and IMF to work more closely together to help strengthen financial supervisory skills around the world (9 February 2018) […]
Press release about BIS's Financial Stability Institute and the International Association of Deposit Insurers host eighth conference on bank resolution, crisis management and deposit insurance, 9 February 2018. […]
Press Release about BIS General Manager Agustín Carstens giving a speech on "Money in the digital age: what role for central banks?" (6 February 2018) […]
FSI press release, 26 January 2018 […]
A Working Group established by the Committee on the Global Financial System and chaired by Claudia Buch (Deutsche Bundesbank) and B Gerard Dages (Federal Reserve Bank of New York) publishes a report on "Structural changes in banking after the crisis". […]
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