The Securities and Futures Commission said this would improve due diligence by sponsors, which prepare listing documents, and cut investor risk.
In the case of Singapore, it is the Monetary Authority of Singapore, and in Hong Kong, the Hong Kong Securities and Futures Commission.
The listing authority should be under the Securities and Futures Commission.
Consider for example the recent decision of the Securities and Futures Commission of Hong Kong to allow shares of the United Company RUSAL to be listed on the Hong Kong Stock Exchange.
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Asia does not even have a regional forum for the development of capital markets, though Andrew Sheng, chairman of Hong Kong's Securities and Futures Commission and an acute observer of the region's shortcomings, proposes an Asian Financial Institute to get the discussion going.
Ashley Alder, chief executive of the Securities and Futures Commission (SFC), said the new rules "will incentivise sponsors to raise standards, pick the right deals and manage them well, which should in turn reduce risks for investors and all those involved in the initial public offerings".
It would create a super-agency that rolls up the investor protection functions of the Securities and Exchange Commission, Commodity Futures Trading Commission, National Futures Association, FINRA and Securities Investors Protection Corp.
The securities and commodities futures trading commission have a tremendous amount of overlapping authority.
Currently FINRA is responsible for securities brokers, the Commodities Futures Trading Commission for commodities traders and the Federal Reserve for the largest banks.
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In December, the House subcommittee questioned MF Global officials, including Mr. Corzine, as well as representatives of regulators such as the Securities and Exchange Commission and Commodity Futures Trading Commission.
In a statement Thursday evening, the Securities and Exchange Commission and Commodity Futures Trading Commission said they are working with other regulators and the exchanges to review unusual trading activity during the afternoon.
The Merc will need clearance for the merger from the U.S. Securities and Exchange Commission, the Commodities Futures Trading Commission and the U.S. Justice Department.
The Volcker rule is being crafted by five regulators, including the Fed, the Securities and Exchange Commission and the Commodity Futures Trading Commission.
For example independent agencies like the Securities and Exchange Commission, the Commodity Futures Trading Commission and the Federal Reserve get a pass on review.
He proposes increases for the Securities and Exchange Commission and the Commodity Futures Trading Commission, two financial regulators that have come under fire after recent Wall Street mishaps.
The Securities and Exchange Commission and the Commodity Futures Trading Commission will hold a two-day conference to sort out their respective roles in the Obama administration's plan to revise how to police America's markets.
High frequency traders will give their views on what happened in the markets during the May 6 crash on Tuesday afternoon during the second meeting of a joint investigative panel of the Securities and Exchange Commission and the Commodity Futures Trading Commission.
To prevent a repeat of the credit crunch and market breakdowns we have witnessed over the past two years, extensive rule-making by the Securities and Exchange Commission, the Commodity Futures Trading Commission and the Federal Deposit Insurance Corporation, among others, will be necessary.
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The bank has said it has received requests for information related to government inquiries and investigations by Congress, the Department of Justice, the Securities and Exchange Commission, the Commodity Futures Trading Commission, the U.K. Financial Services Authority, the state of Massachusetts and others.
The securities industry is regulated by the Securities and Exchange Commission and the Commodities and Futures Trading Commission.
Both the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have requested significant budget increases to ensure that they are not forced to compromise existing services.
Gary Gensler, the head of the Commodity Futures Trading Commission, told the audience at the Securities Industry and Financial Markets Association meeting that the work was far from over.
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Dodd-Frank gave rulemaking authority to at least eight agencies, for example, and the Securities and Exchange Commission is constantly fighting with the Justice Dept. and the Commodities Futures Trading Commission over who should police financial fraud and products like derivatives.
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The Securities and Exchange Commission, which has already been studying how fast computers affect stock trading, and the Commodity Futures Trading Commission are coordinating their investigation into what went wrong Thursday, when the stock market went haywire and collapsed nearly 1, 000 points in 20 minutes, only to recover most of the lost ground.
In a Nov. 19 regulatory filing ( PDF) with the U.S. Securities and Exchange Commission, Kansas City-based BATS Exchange revealed that it was seeking comment on listing three managed futures strategies from ProShares.
For example, the FDIC has the authority to wind down unstable financial firms, banking regulators have a tighter grip on setting capital standards, the Securities and Exchange Commission will have greater oversight over hedge funds and private equity firms, and the SEC and Commodity Futures Trading Commission will coordinate regulation of derivatives.
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