Page 9 - Dan Berkovitz News Today : Breaking News, Live Updates & Top Stories | Vimarsana

<p><span>Today, the Commission will consider whether to propose standards for covered clearing agencies (also known as clearinghouses) regarding the clearance of certain trades involving U.S. Treasury securities. I am pleased to support these rules because, if adopted, they would help to make a vital part of our capital markets more efficient, competitive, and resilient.</span></p>

<p><span>Today, the Commission voted to adopt a rule requiring certain public companies to disclose information regarding their executives&rsquo; compensation and how such compensation relates to the company&rsquo;s financial performance. I was pleased to support this rule&mdash;so-called &ldquo;pay versus performance&rdquo;&mdash;because it will strengthen the transparency and quality of executive compensation disclosure to investors.</span></p>

<p><span>Today, the Commission voted to propose rules to strengthen the governance of registered clearing agencies, also known as clearinghouses. This proposal would, among other things, fulfill Section 765 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, where Congress directed the Commission to address conflicts of interest for security-based swap clearinghouses. I was pleased to support this proposal because, if adopted, it would enhance governance standards for all registered clearinghouses, particularly with regards to conflicts of interest. This would...

Phillippe Etienne, France's ambassador to the United States, said in May Chris Giancarlo's award was due in part to his “understanding of financial markets and the potentials of cryptofinance.”

The long-running case involves charges that the companies sought to manipulate prices in 2011.