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  • Nasdaq launches tool to monitor dark pool trading Thursday, 8 Oct 2015 | 7:44 AM ET

    Oct 8- Nasdaq Inc, the operator of Nasdaq stock market and eight European stock exchanges, on Thursday launched a tool to monitor dark pool trading activity. A dark pool is a network that allows traders to buy or sell orders secretly, ruling out the possibility of other traders taking advantage of the order. "Regulators globally are taking a more active role in...

  • WASHINGTON, Oct 7- Banks and credit card companies may not force customers to sign away their legal rights to take part in class action lawsuits, under an early-stage U.S. government proposal that is likely to draw ire from Wall Street. The 2010 Dodd-Frank Wall Street reform law gave both the CFPB and the Securities and Exchange Commission the power to restrict or...

  • NEW YORK, Oct 5- Gemini Trust Company, founded by investors Tyler and Cameron Winklevoss, has been granted a license to operate as a chartered limited liability trust company by the New York State Department of Financial Services, the state regulator announced on Monday. "In New York, we are continuing to move forward on licensing and chartering virtual currency...

  • NEW YORK, Oct 5- Gemini Trust Company, founded by investors Tyler and Cameron Winklevoss, has been granted a license to operate as a chartered limited liability trust company by the New York State Departement of Financial Services, the state regulator announced on Monday. "In New York, we are continuing to move forward on licensing and chartering virtual currency...

  • LONDON, Oct 2- Britain's financial services industry regulator said on Friday it intended to set a 2018 deadline for retail borrowers to claim compensation for being mis-sold repayment insurance, drawing a line under Britain's costliest consumer finance scandal. But the Financial Conduct Authority said on Friday it planned to introduce a deadline for...

  • SAO PAULO/ BRASILIA, Oct 1- Fallout from Brazil's biggest corruption scandal and the impact of a currency slump on bank balance sheets require "special attention" from regulators, the country's central bank said on Thursday, potentially a warning sign that market turmoil in Latin America's largest economy could escalate. The findings come as Brazil's economy...

  • SAN JUAN, Puerto Rico, Sept 27- A new type of disclosure about various fees that investors shell out to maintain brokerage accounts will promote a better understanding of those charges and provide a tool for comparing companies, U.S. state securities regulators said on Sunday. NASAA, a group of securities regulators from U.S. states, Canada and Mexico, unveiled the...

  • SAN JUAN, Puerto Rico, Sept 27- A new type of disclosure about various fees that investors shell out to maintain brokerage accounts will promote a better understanding of those charges and provide a tool for comparing companies, U.S. state securities regulators said on Sunday. NASAA, a group of securities regulators from U.S. states, Canada and Mexico, unveiled the...

  • District Judge Gladys Kessler in Washington, D.C. said the Community Financial Services Association of America may press claims that the Federal Reserve, Federal Deposit Insurance Corp and Office of the Comptroller of the Currency violated its members' due process rights. They said more than 80 lenders including Bank of America Corp, Capital One Financial...

  • Modi-mania no more? Indian biz confidence slumps Wednesday, 23 Sep 2015 | 12:15 AM ET
    India's Prime Minister, Narendra Modi.

    With reform momentum stalling, a swift depreciation in the rupee and subdued export demand, Indian business confidence is fast waning.

  • NEW YORK, Sept 22- Circle Internet Financial, a Boston- based bitcoin startup backed by Goldman Sachs Group Inc, has received New York's first BitLicense, allowing it to offer digital currency services in the state. The BitLicense from the New York Department of Financial Services is based on the first set of U.S. state guidelines for companies that operate in...

  • Sept 22- Depository Trust& Clearing Corp, a post-trade financial services company, named Mark Wetjen as managing director. Wetjen was previously a commissioner on the U.S. Commodity Futures Trading Commission, including a five-month stint as acting chairman. At the CFTC, Wetjen played a key role in implementing the 2010 Dodd-Frank law overhauling financial...

  • BEIJING, Sept 22- China's central bank has completed drafting regulations for an international payment system that would facilitate greater usage of the yuan globally, banking industry sources said on Tuesday. Among the first batch of banks qualified to participate are 11 Chinese banks and eight Chinese branches of foreign banks, including HSBC, Citigroup...

  • BEIJING, Sept 22- China's central bank has completed drafting regulations for an international payment system that would facilitate greater usage of the yuan globally, banking industry sources said on Tuesday. Among the first batch of banks qualified to participate are 11 Chinese banks and eight Chinese branches of foreign banks, including HSBC, Citigroup...

  • LONDON, Sept 18- Regulators are looking more closely at whether technology companies that provide financial services should be supervised more heavily like banks, the chairman of Europe's biggest lender, HSBC, said. As more technology companies offer financial services or help customers conduct payments it has raised questions on how far into banking firms...

  • Sept 17- The Financial Industry Regulatory Authority's board has approved a plan aimed at helping Wall Street brokerages bolster protection from scams for seniors and other vulnerable adults. Missouri on June 12 became the third state to enact a law to protect senior citizens from scams and other types of financial exploitation, following similar efforts...

  • SHANGHAI, Sept 17- China's banking regulators must "leave no stone unturned" rooting out illegal activity, the ruling Communist Party's anti-graft watchdog said on Thursday, intensifying a campaign against graft launched by President Xi Jinping. "In the past half year Huarong, Great Wall, Dongfang, Xinda, four other asset management companies, and China...

  • Sept 14- New York State's Department of Financial Services said it has reached an agreement with Goldman Sachs, Deutsche Bank, Credit Suisse and Bank of New York Mellon on record-keeping for the Symphony messaging system. Many on Wall Street view Symphony Communications LLC as a rival to message systems provided by Bloomberg LP 1/ 8 and Thomson Reuters Corp,...

  • Sept 14- New York State's Department of Financial Services said it has reached an agreement with Goldman Sachs, Deutsche Bank, Credit Suisse, Bank of New York Mellon over record-keeping for their Symphony messaging system. Symphony Communications Services LLC, a messaging and communications start-up, has agreed to retain a copy of the four banks' chat messages...

  • *Japan Post, bank and insurance units to list on Nov. 4. But scepticism abounds over growth prospects for all three companies with both Japan Post Bank and Japan Post Insurance subject to heavy regulation to protect private sector rivals, while mail services are suffering from declining volume in an Internet age. Japan Post Bank will have indicative price of...