After six years as Compliance Counsel, Timothy McDermott takes the hot seat at NADEX, having been appointed CEO, succeeding Yossi Beinart, who was selected as CEO of Tel Aviv Stock Exchange last year.
Read moreLast year, the US Commodity Futures Trading Commission cited Banc de Binary in what has become an ongoing lawsuit for allegedly soliciting US clients. Today, the CFTC adds the firm's CEO to the complaint.
Read moreThe US Commodity Futures Trading Commission has made a user-friendly upgrade to its portal to allow companies to submit event-specific reports
Read moreThe US Commodity Futures Trading Commission has begun to monitor steps taken by US banks which allow them to trade swaps with foreign entities which fall outside the Dodd-Frank rulings The main U.S. derivatives regulator has begun monitoring the latest effort by Wall Street banks to avoid U.S. swap-trading restrictions by restructuring their overseas trading…
Read moreTennessee financial institutions commissioner Greg Gonzalez spearheads task force to investigate use of Bitcoin, with nine state bank regulators on board The world's most consumer-friendly and liberal commercial market in the world has been known to be very accepting of the use of virtual currencies between private individuals, but has taken a very strict stance…
Read moreAmerica's mandatory exchange-traded binary options business made substantial progress in the inaugural months of 2014 as NADEX releases quarterly results The North American Derivatives Exchange (NADEX) announced late last week that its 2014 first quarter (Q1 2014) exchange volume of binary options and spread contracts traded increased 49.8% quarter-over-quarter from the same period in 2013.…
Read moreUS government department issues bill exposing bipartisan congressional legislation which curbs the scope of CFTC's powers Assumption that the US authorities had completed their implementation of the Dodd-Frank Wall Street Reform Act's rulings on OTC derivatives once it had been finalized was widespread and in keeping with America's highly methodical regulatory structure as last year drew…
Read moreSenate Agriculture Committee to meet on April 6 to cast votes on three senior level regulatory officials within one of the world's most well-renowned authorities Among the very upper echelons of the US Commodity Futures Trading Commission (CFTC), not only are there some of the world's most highly respected and knowledgeable financial markets regulators, but…
Read moreAmerica's will to continue its widely recognized high level of consumer protection continues in form of joint project on data from swap repositories The Commodity Futures Trading Commission (CFTC)'s Acting Chairman Mark Wetjen and Office of Financial Research Director Richard Berner today announced a Memorandum of Understanding on the terms and conditions for the CFTC…
Read moreUS CFTC to collaborate with Canadian provincial regulators in order to enhance supervision of cross-border regulated entities The United States is regarded among the vast majority of electronic trading companies from retail FX brokers to the long-established and steadfast institutional trading desks of Chicago as being the most stringent and well-organised jurisdiction when it comes…
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