Members can start connecting to the new market on August 17, 2015, with the launch of EDGX Options scheduled for November 2, 2015.
Read moreShould the proposed rule be implemented, U.S. covered swap entities would be required to comply with the Commission’s margin rules for all uncleared swaps but would be eligible for substituted compliance with respect to margin that they post (but not that they collect) for swaps with certain non-U.S. counterparties
Read moreFINRA found that Morgan Stanley failed to implement reasonable supervisory systems and procedures to review and monitor transmittal of customer funds through wire transfers from multiple customer accounts to the same third-party accounts and outside entities.
Read moreUS and Australian authorities have signed an agreement to cooperate with regard to the supervision and oversight of regulated firms that operate on a cross-border basis in the United States and in Australia
Read moreDuring routine examinations, FINRA found that numerous registered representatives of the three firms prepared and disseminated consolidated reports to customers either without adequate review or any prior review by a principal
Read moreThe final rule amends Commission Regulation 1.22 by removing December 31, 2018 as the automatic termination date of the phased-in compliance period. As a result, the Residual Interest Deadline will remain 6:00 p.m. Eastern Time pending the possibility of future Commission rulemaking
Read moreThe US Commodity Futures Trading Commission has issued a $3 million civil monetary penalty to ICE Futures US for submitting reports and data containing errors and omissions, with cumulative inaccuracies totaling in the thousands
Read moreU.S. Commodity Futures Trading Commission (CFTC) Commissioner Sharon Y. Bowen today announced the members of the CFTC’s Market Risk Advisory Committee (MRAC). Commissioner Bowen is the sponsor of this advisory committee. “I am very pleased with the breadth and depth of talent that will be present on the Committee. Our members bring valuable expertise and…
Read moreIn the aftermath of the market volatility last Thursday as a result of the Swiss National Bank's removal of the 1.20 floor on EURCHF, the NFA is looking to amend its rulings on leverage
Read moreThe amendment permits LCH to provide clearing services for “swaps,” as defined in the Commodity Exchange Act (CEA) and Commission regulations, as well as all futures and options on futures, regardless of the underlying asset class
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