If your looking for specific news, using the search function will narrow down the results
CFTC.gov Swaps Report Update
December 30, 2015--CFTC's Weekly Swaps Report has been updated, and is now available.
view more
Source: CFTC.gov
SEC Examining Sharp Price Swings in Exchange-Traded Products, Stocks on Aug. 24
Intensifying global growth fears sparked steep loses that day
December 30, 2015--The Securities and Exchange Commission is assessing the causes of sharp price swings in exchange-traded products and stocks on Aug. 24, it said in a report Tuesday.
Intensifying global growth fears sparked steep losses in markets around the world that day. Price swings triggered nearly 1,300 trading halts, which mostly affected exchange-traded funds, a product that holds a basket of assets like a mutual fund but trades on an exchange like a stock.
view more
Source: Wall Street Journal
State Street Investor Confidence Inde(R)(ICI) for December 2015-Investor Confidence Rises in December by 1.0 Point to 108.3
December 29, 2015--State Street Global Exchange today released the results of the State Street Investor Confidence Index® (ICI) for December 2015.
The Global ICI rose to 108.3, up 1.0 point from November's revised reading of 107.3. The improvement in sentiment was driven by an increase in the European ICI from 96.2 to 103.7 along with the Asian ICI rising 4.6 points to 105.1. By contrast, the North American ICI decreased by 5.9 points to 106.6.
view more
Source: State Street Corporation
SEC-Research Note: Equity Market Volatility on August 24, 2015
December 29, 2015--On Monday, August 24, 2015, the U.S. equity markets and equity-related futures markets experienced unusual price volatility, particularly during the period surrounding the 9:30 a.m. E.T.2 start of regular trading hours for the equity markets.
Prior to 9:30, the most actively traded equity product-the SPDR S&P 500 ETF Trust ("SPY")-declined to more than 5% below its closing price on the previous trading day (Friday, August 21, 2015). The most actively traded equity-related futures contract-the E-Mini S&P 500 ("E-Mini")-declined to its limit down price of 5% below the previous trading day's closing price and was paused for trading from 9:25 to 9:30.
view report
Source: SEC.gov
NYSE Arca Rules Partly Responsible for August ETF Rout, SEC Says
December 29, 2015--Agency's report says price bands slowed ETFs from rebounding
Exchange safeguards put in place to help prevent flash crashes
bout of market mayhem that halted trading in hundreds of exchange-traded funds in August was exacerbated by stock exchange rules intended to limit extreme price movements, according to a U.S. regulator's report released Tuesday.
view more
Source: Bloomberg
CFTC.gov Commitments of Traders Reports Update
December 28, 2015--The current reports for the week of December 22, 2015 are now available.
view more
Source: CFTC.gov
SEC Issues Annual Staff Reports on Credit Rating Agencies
December 28, 2015--The Securities and Exchange Commission today issued its two annual staff reports on credit rating agencies registered as nationally recognized statistical rating organizations (NRSROs).
The reports show that NRSROs have made operational improvements and have enhanced process accountability, controls and governance, and that smaller NRSROs have made competitive inroads in certain rating categories.
view the Annual Report on Nationally Recognized
Statistical Rating Organizations
Source: SEC,gov
Nasdaq to Begin Listing Four Legg Mason Exchange Traded Funds on Tuesday, December 29, 2015
December 28, 2015--Effective Tuesday, December 29, 2015, Nasdaq will list four new ETFs:
Legg Mason Developed EX-US Diversified Core ETF
Legg Mason Emerging Market Diversified Core ETF
Legg Mason US Diversified Core ETF
Legg Mason Low Volatility High Dividend ETF
view more
Source: Nasdaq.com
WisdomTree Launches Dynamic Long/Short U.S. Equity Fund (DYLS) and Dynamic Bearish U.S. Equity Fund (DYB)
New Strategies to Access Smart Alpha Liquid Alternatives in ETF Structure
December 23, 2015--WisdomTree (NASDAQ: WETF), an exchange-traded fund ("ETF") and exchange-traded product ("ETP") sponsor and asset manager, today announced the launch of the WisdomTree Dynamic Long/Short U.S. Equity Fund (DYLS) and WisdomTree Dynamic Bearish U.S. Equity Fund (DYB) on the BATS Exchange.
DYLS offers a stock selection strategy designed to add alpha1 in the core long stock portfolio, while hedging market drawdowns with a dynamic hedge on the market.
view more
Source: WisdomTree
New Year Brings Regulatory Roulette for Advisors, BDs
New rules and new faces add to the uncertainty of which new compliance challenges will take hold in 2016
December 23, 2015--While the expected release in the New Year of the Department of Labor's rule to amend the definition of fiduciary will be top of mind for advisors and broker-dealers, other regulations-as well as new faces at the two regulators that oversee these industries-will add to their compliance challenges in 2016.
A few days before Christmas, staff at the Securities and Exchange Commission released their recommendations on ways the agency should update the accredited investor definition, and the SEC will still be toiling in 2016 on a recommendation to require third-party exams for advisors.
view more
Source: ThinkAdvisor