Tag Archives: regulatory

U.S. regulator sets final rules for swaps trading

By Douwe Miedema WASHINGTON (Reuters) – The top U.S. derivatives regulator unveiled rules for swaps trading that could break open Wall Street’s dominance of the $630 trillion (413.33 trillion pounds) market, yet contain important concessions to the industry. The Commodity Futures Trading Commission (CFTC) is writing a host of new rules based on lessons learned from the 2007-09 financial crisis, which highlighted the opacity of derivatives and triggered a regulatory crackdown Continue reading

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CARMAT has obtained the approval to proceed with the first human implantations of its bioprosthetic artificial heart at four renowned international cardiac surgery centers in four countries

Regulatory News: CARMAT (Paris:ALCAR) (FR0010907956, ALCAR), the designer and developer of the world’s most advanced project of total artificial heart, announces today that it has obtained the app… Continue reading

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Another Regulatory Slap for JPMorgan Chase

NEW YORK (TheStreet) — JPMorgan Chase said in a regulatory filing Wednesday that it received a “Wells-type” notice in March that the Federal Energy Regulatory Commission intends to bring a possible enforcement action against the bank related to its bidding practices in the organized power markets. A Wells notice is a notification from a regulator that it intends to bring an enforcement action against a company and gives the recipient of the notice a chance to argue why such an action is unnecessary. Continue reading

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First Data names JPMorgan executive Bisignano as CEO

(Reuters) – Electronic payment processor First Data Corp. Continue reading

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Hexaware Tech up 2.35 pct after March qtr earnings

MUMBAI (Reuters) – Shares in Hexaware Technologies rose in early trades on Monday after the software firm posted January-March earnings that beat analyst estimates, dealers said. Net profit was at 792.8 million rupees in the quarter that ended March 31, and earnings per share for the period was 2.64 rupees, the company said in a regulatory filing. (Reporting by Archana Narayanan; Editing by Sunil Nair) Continue reading

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Essilor pursues growth strategy, confirms 2013 objectives

A quarter impacted by calendar effects and high comparatives Strengthening presence in fast-growing countries Deploying innovations in every market Regulatory News: Essilor International (Paris:EI… Continue reading

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Norse Energy Corp ASA: Norse Energy US Subs File for DIP Financing

Regulatory News: Norse Energy Corp. ASA (“NEC” ticker Oslo Stock Exchange, Norway) announces that its US subsidiaries, Norse Energy Corp. USA and Norse Energy Holdings, Inc., have filed a Motion f… Continue reading

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ICE revises structure of NYSE Euronext deal

IntercontinentalExchange is revising the structure of its $8.2 billion proposed acquisition of NYSE Euronext.The Atlanta company announced the deal in December, and it is currently under regulatory review.ICE … Continue reading

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Scotiabank Gets China’s Approval for Fund JV

Bank of Nova Scotia (BNS) said Friday that it received regulatory approval from China to launch a fund management company, almost five years after it formed a joint venture partnership with the Bank of Beijing. Continue reading

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Salmon: Annals of Quantitative Overconfidence, Boeing Edition

NEW YORK (Reuters Blogs) — On Jan. 7, the auxiliary power unit (APU) of a Boeing 787 caught fire at Boston’s Logan airport. Continue reading

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