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Bats, a CBOE Holdings, Inc. company, and a leading market for exchange-traded product (ETP) trading globally, today welcomed new issuer Principal to the Bats ETF Marketplace with the launch of one fund.

This blog post discusses how Numerix FRTB helps banks embrace cloud technology as they prepare for FRTB today, and build a strategic FRTB program for the future.

Aequitas NEO Exchange Inc. (“NEO Exchange” or “NEO”) is pleased to announce it has been designated a Qualified Foreign Exchange by OTC Markets Group Inc. (“OTC Markets”), effective March 29, 2017. With this designation, NEO-listed companies may apply to qualify for trading on the OTCQX® and OTCQB® markets in the United States. The OTCQX and OTCQB markets allow companies to establish an efficient and cost effective secondary market to reach the US-based investment community, without a U.S. exchange listing.

Esteemed Shareholders,

Public companies must properly disclose perks, benefits, and other forms of compensation paid to CEOs and certain other highly compensated executive officers. The Securities and Exchange Commission today announced that the former CEO of a marketing company has agreed to pay $5.5 million to settle charges that his perks were not properly disclosed to shareholders.

Today Energy Regulators (ACER and CEER), in their White Paper on Renewables in the Wholesale Market, called for EU legislators to bring Renewable Energy Sources (RES) fully into the market in the clean energy transition.

Regulators recommend 3 changes to the European Commission’s Clean Energy proposals:

The Options Industry Council (OIC), an industry resource funded by OCC and the U.S. options exchanges, today announced the results of a study, How Financial Advisors Use and Think About Exchange-Listed Options, which found that approximately one-third of financial advisors currently use options in 20 percent of client portfolios, and that usage is expected to increase by 30 percent in the next three years. The goal of the study, conducted by Cerulli Associates, a global research and consulting firm specializing in asset management and distribution trends worldwide, is to identify target audiences and educational strategies for the OIC that may lead to increased adoption of exchange-listed options strategies among financial advisors.

London Stock Exchange Group plc (the "Company") announces that it has purchased through Barclays Capital Securities Limited, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 26 April 2017, the following number of its ordinary shares of 6 79/86 pence each ("Shares") on the London Stock Exchange as part of the buyback programme announced on 29 March 2017:

TMX Group today announced that the nominees listed in the management proxy circular for the 2017 Annual and Special Meeting of Shareholders were elected as directors of TMX Group Limited. Detailed results of the vote for the election of directors held at the Annual and Special Meeting on Wednesday, May 10, 2017 in Toronto are set out below.

Aktif Bank Sukuk VarlÄ±k Kiralama A.Å., has listed US$118m asset-backed trust certificates on the Global Exchange Market (GEM) of the Irish Stock Exchange (ISE).

London Stock Exchange today welcomes the first global offshore Masala bond by the National Highways Authority of India (NHAI). The landmark bond issuance from NHAI, the Government of India’s agency responsible for the management of India’s highways network, reinforces the ability of London’s global Masala bond market to support Indian infrastructure financing. The bond marks the largest ever five-year issuance and is the largest inaugural transaction in the Masala bond market, demonstrating London’s increasingly global investor base.

Speaker: Christopher Woolard, Executive Director of Strategy and Competition
Location: Cheung Kong Graduate School of Business, Shenzhen, China
Delivered on: 11 May 2017

The Federal Open Market Committee on Thursday announced its tentative meeting schedule for 2018:

Earlier today, U.S. Treasury Secretary Steven T. Mnuchin met with Minister of Economy and Finance Pier Carlo Padoan of Italy. Secretary Mnuchin and Minister Padoan reviewed recent economic developments in the Italian, European and global economies. The Secretary congratulated Minister Padoan on Italy's successful presidency of the G-7. Secretary Mnuchin underscored the importance of working together to address the threats posed by North Korea and Iran. They also affirmed the importance of jointly working to combat threats to the global economy posed by cybersecurity concerns and the financing of illicit activities.

Mr. Speakers,

In conjunction with the 25th anniversary of the Urban Leadership Fellows (ULF) Program, The Municipal Forum of New York gave special recognition to Michael Decker, managing director, and Leslie Norwood, managing director and associate general counsel, for their many contributions to the municipal market as well as their active support and collaboration on the ULF Program. Decker and Norwood are the co-heads of SIFMA’s Municipal Securities Division and were honored at The Municipal Forum of New York’s annual dinner last night in New York City.

The Financial Industry Regulatory Authority (FINRA) Board of Governors approved the next step in FINRA's ongoing initiative to strengthen controls on brokers with a history of significant past misconduct and to ensure greater accountability for firms that choose to employ high-risk brokers.

Financial Services Superintendent Maria T. Vullo today announced that, starting July 1, 2017, the Department of Financial Services (DFS) will be transitioning to the Nationwide Multistate Licensing System and Registry (NMLS) to manage the license application and ongoing regulation of all nondepository financial institutions doing business in New York. NMLS was created by the State Conference of Bank Supervisors (CSBS) and began operations in January 2008. DFS strongly supports CSBS efforts such as Vision 2020 and currently employs NMLS to manage and regulate mortgage providers licensed in New York. This usage will be expanded, in stages, to all nondepository insitutions, commencing with money transmitters.

The Securities and Exchange Commission today charged a former partner at an international law firm and his neighbor with making more than $1 million in illicit profits by insider trading around corporate announcements.

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