markets Archives - The Industry Spread

SEC Names Vanessa Countryman to Lead the Office of the Secretary

June 28, 2019

The Securities and Exchange Commission today announced that Vanessa Countryman has been appointed as the agency’s Secretary. The Secretary is responsible for overseeing the administrative aspects of Commission meetings, rulemakings, and procedures.  Ms. Countryman has served as Acting Secretary since March 2019. 

SEC Names Sean Memon as Chief of Staff

June 28, 2019

The Securities and Exchange Commission today announced that Sean Memon will become the agency’s Chief of Staff. Mr. Memon has served as the SEC’s Deputy Chief of Staff since May 2017.  In that capacity, Mr. Memon has served as a senior advisor to Chairman Clayton on legal, policy and management matters affecting all aspects of the agency’s mission, including rulemaking, enforcement, examinations and internal agency operations. 

Nasdaq to Add U.S. Equity Market Data on Microsoft Excel

June 7, 2019

Nasdaq is working with Microsoft to expand the use of real-time U.S. equity market data by individual investors through Excel, Bing, MSN, and other platforms, where they can leverage real-time U.S. stock equity market data from Nasdaq Last Sale to inform research and trade ideas while improving financial literacy.

SEC and CFTC Participate in the Signing Ceremony for the IOSCO Enhanced Multilateral Memorandum of Understanding Concerning Cross-Border Enforcement

May 24, 2019

At the 44th Annual International Organization of Securities Commissions (IOSCO) Conference in Sydney, Australia, the Chairmen of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission (CFTC) participated in a signing ceremony on May 15 for the IOSCO Enhanced Multilateral Memorandum of Understanding Concerning Consultation and Cooperation and the Exchange of Information (EMMoU).

10 Formal AML/CFT Warnings Issued by FMA

May 20, 2019

The FMA carried out a risk-based assessment of independent audit reports for reporting entities it supervises in February this year, targeting 69 reporting entities. The FMA supervises around 800 reporting entities, of whom roughly two-thirds define themselves as financial advisers.

UK Based Investment Firm Admiral Markets Has Updated Minimum Fund Deposit Requirements

May 2, 2019

According to latest headlines, UK based Admiral Markets – a renowned international trading service provider and investment firm has announced changes to minimum deposit amount for two of their trading accounts earlier today. To those not familiar with the name, Admiral Markets is a MT4 platform based trading service provider that has been active for nearly two decades now covering a wide array of financial instruments ranging from Forex, ETF’s, CFD’s, Indices, Stocks and Cryptocurrencies. The reason for the broker’s popularity stems from their trading account features such as option to trade with 0 spread and option to trade multiple assets under single trading account. Admiral Market provides trading services in both MT4 and MT5 platform.

Brexit: The FCA Confirms Final Rules for Firms

April 3, 2019

As the UK prepares to leave the EU, the FCA has been working to deliver a transition that is as smooth as possible. The package of documents published contains the majority of the final instruments and guidance, following the February publication of the FCA’s Policy Statement with near-final instruments.