Designed specifically for investment bankers, broker-dealers, and mutual fund professionals around the globe, GFMA SmartBrief is a FREE e-mail newsletter. By providing a summary of the day's most important financial markets news, GFMA SmartBrief saves you time and keeps you smart. Sign up today to receive GFMA SmartBrief, FREE of charge.&nbsp;Click&nbsp; <a href='http://www.smartbrief.com/gfma/index.jsp?sb_code=rss'>here</a> to subscribe.http://www.smartbrief.com/news/gfma?sb_code=rsshttp://www.smartbrief.com/images/homepage/hed-smartbrief.gifhttp://www.smartbrief.com/news/gfma?sb_code=rssen-us24 May 2013 03:18:00 CDThttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3D861B95A2-4466-46B1-AB4E-7BA5A88C9144%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3D861B95A2-4466-46B1-AB4E-7BA5A88C9144%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3DrssBankers are calling on officials to accelerate a plan to develop a banking union in Europe.  -More- ]]>24 May 2013 03:18:00 CDTMorning Bellhttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3D44B9A4EA-FB59-468F-BC92-C77CB8948A8E%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3D44B9A4EA-FB59-468F-BC92-C77CB8948A8E%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3DrssThomas Laux, head of risk management at Eurex Clearing, warns that requiring central counterparties to establish explicit rec -More- ]]>24 May 2013 03:18:00 CDTIndustry Newshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3D1F39E69E-4164-49FF-8565-7A12D3886E97%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3D1F39E69E-4164-49FF-8565-7A12D3886E97%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3DrssLondon Stock Exchange Group's Turquoise derivatives operation will offer trade reporting in single-stock options on nearly 20 -More- ]]>24 May 2013 03:18:00 CDTIndustry Newshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3D3C3560BD-743F-431F-8366-886D11C4D439%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3D3C3560BD-743F-431F-8366-886D11C4D439%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3DrssEuropean leaders urgently need to handle a long list of problems, but, worn down by one crisis after another, prime ministers -More- ]]>24 May 2013 03:18:00 CDTIndustry Newshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3DFC78463D-ED48-4F26-9948-51791D795EDE%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3DFC78463D-ED48-4F26-9948-51791D795EDE%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3DrssMario Draghi, president of the European Central Bank, says the ECB has helped ensure that reductions in interest rates reach  -More- ]]>24 May 2013 03:18:00 CDTRegulatory Rounduphttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3DA1C36A36-051E-4ED4-8945-F5CB5BFA9ED3%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3DA1C36A36-051E-4ED4-8945-F5CB5BFA9ED3%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3DrssEU Internal Market Commissioner Michel Barnier says he will propose a rule to exempt pension funds from having to increase ca -More- ]]>24 May 2013 03:18:00 CDTRegulatory Rounduphttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3DC380D627-83BC-4138-ACB6-C12FB9302B3D%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3DC380D627-83BC-4138-ACB6-C12FB9302B3D%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3DrssTax Research, a UK watchdog, has criticised the European Central Bank's comments on a proposed financial-transaction tax.  -More- ]]>24 May 2013 03:18:00 CDTRegulatory Rounduphttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3DE745A368-AB52-457E-9CF3-02FF89085B18%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3DE745A368-AB52-457E-9CF3-02FF89085B18%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3DrssThe European Central Bank, facing economic weakness, is considering adding policies.  -More- ]]>24 May 2013 03:18:00 CDTRegulatory Rounduphttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3DDF0A7466-F63B-4033-8080-952714D4049E%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3DDF0A7466-F63B-4033-8080-952714D4049E%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3DrssMuch of the financial industry and some authorities are voicing opposition to a proposed tax on financial transactions in Eur -More- ]]>24 May 2013 03:18:00 CDTRegulatory Rounduphttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3D2483BD6D-5743-4AC3-9D0B-4346170CE955%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3D2483BD6D-5743-4AC3-9D0B-4346170CE955%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3DrssChina's central bank has switched course and injected 128 billion yuan into the banking system.  -More- ]]>24 May 2013 03:18:00 CDTSpotlight on Chinahttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3DAAE1B00A-E6FD-487D-BE4C-B1B5E42FE8EC%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3DAAE1B00A-E6FD-487D-BE4C-B1B5E42FE8EC%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3DrssIt had been hoped that Markets in Financial Instruments Directive II and the European Market Infrastructure Regulation could  -More- ]]>24 May 2013 03:18:00 CDTAFME Newshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3D4CE043EA-4EAB-45A6-BA55-A62445093780%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FstoryDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3D4CE043EA-4EAB-45A6-BA55-A62445093780%26brief%3Dgfma%26sb_code%3Drss%26%26campaign%3DrssIn observance of Memorial Day in the US, SmartBrief will not publish Monday. Publication will resume Tuesday. -More- ]]>24 May 2013 03:18:00 CDTEditor's Notehttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FquoteDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3D5AC19BB7-DAE8-4721-8575-7E7C1E37DB86%26brief%3Dgfma%26sb_code%3Drss%26campaign%3Drsshttp://www.smartbrief.com/servlet/rdrc?u=%2Fnews%2FquoteDetails.jsp%3Fissueid%3DAB83568D-FDC4-457E-9B6E-2BF0AF0F4F1C%26copyid%3D5AC19BB7-DAE8-4721-8575-7E7C1E37DB86%26brief%3Dgfma%26sb_code%3Drss%26campaign%3DrssAnatole France,French writer -More- ]]>24 May 2013 03:18:00 CDTSmartQuote