The US Commodity Futures Trading Commission has issued an order filing and simultaneously settling charges against Goldman Sachs & Co for failing to make and keep certain audio recordings as required under CFTC regulations for swap dealers.
Legal & Regulation
By Roger Aitken – With 18 months having elapsed since the implementation of the European Union’s (EU) Markets In Financial Instruments II (MiFID II) Directive, ushering in the era of unbundling for investment firms for buy- and sell-side institutions, the former chairman of the UK Individual Shareholder Society (ShareSoc) argues that many of the rules behind MiFID should be ditched or scrapped after the UK leaves the EU…
SEC Chairman says Dodd-Frank Act whistleblower program is ‘invaluable component’ in tackling securities fraud
The Chairman of the US Securities and Exchange Commission (SEC), Jay Clayton, has backed the Dodd-Frank Act’s whistleblower reward law, saying that the whistleblower program is an “invaluable component” to the Commission’s “enforcement efforts.”
The Association for Financial Markets in Europe (AFME) has published a new paper setting out five recommendations to deliver supervisory convergence on the regulation of crypto-assets in Europe.
Well over half of asset managers at financial services firms (58 per cent) say that recent industry regulations have resulted in their organisation either investing in new technology or bringing in a third party to help meet new data management requirements.
Labuan International Business and Financial Centre Incorporated (Labuan IBFC), the market development agency for Labuan International Business and Financial Centre (Labuan IBFC), has signed a Memorandum of Understanding (MoU) with China Construction BankLabuan (CCBL) to allow CCBL to promote the benefits of Labuan IBFC to Chinese and Chinese related companies.
The US Securities and Exchange Commission (SEC) is neeting on Wednesday 23 October to vote on proposed changes to the SEC's highly successful Dodd-Frank Act whistleblower reward program.
The US Commodity Futures Trading Commission announced today that it issued orders filing and settling charges against two interdealer brokers – BGC Financial, LP and GFI Securities, LLC.
ACA Compliance Group (ACA), a provider of governance, risk, and compliance advisory services and technology solutions, has launched ComplianceAlpha 2.0.
Broadridge Financial Solutions, is working with FundsLibrary, a provider of digital fund data and regulatory solutions, to develop a new offering for European wealth and asset managers to address the challenges posed by MiFID II Ex-Post Costs and Charges and Solvency II.