Page 10 - Dan Berkovitz News Today : Breaking News, Live Updates & Top Stories | Vimarsana

On October 14, in a house near Leeds, England, Laurence Day was sitting down to a dinner of fish and chips on his couch when his phone buzzed.

An investigation has found that the industry and lobbyists have sabotaged efforts to rein in such behaviour. 

Washington, D.C. — CFTC Commissioner Caroline D. Pham announced today that Meghan Tente will serve as Chief of Staff and Gates S. Hurand will serve as Senior Counsel. In addition, Lily Chu will serve as interim Senior Counsel. Commissioner Pham will make additional leadership staff announcements in the coming weeks.

<p><span>Today, the Commission unanimously proposed two rules further defining a dealer to help identify principal trading firms (PTFs) and firms conducting similar activities that must register with the SEC. I was pleased to support this proposal because I believe it reflects Congress&rsquo;s statutory intent that firms engaging in important liquidity-providing roles in the securities markets, including in the U.S. Treasury market, be registered with the Commission. Further, requiring all firms that regularly make markets, or otherwise perform important liquidity-providing rol...

<p><span>Today, the Commission voted to propose removing references of credit ratings from Rules 101 and 102 of Regulation M (Reg M). I was pleased to support today&rsquo;s proposal because, if adopted, it would fulfill a mandate issued by Congress in the wake of the 2008 financial crisis.</span></p>