Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

STATE STREET CORPORATION

(STT)
  Report
Delayed Nyse  -  04:03 2022-12-08 pm EST
78.12 USD   -2.90%
12/08State Street Global Advisors Launches Its 2023 Global Market Outlook : Navigating a Bumpy Landing
BU
12/07Recession Concerns, Fed Tightening Campaign Weighs on Equities
MT
12/07Recession Concerns, Fed Policy Uncertainty Drag Equities Mostly Lower
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

State Street Corporation : State Street’s New CFTC Reporting Service Helps Clients Fulfill CFTC Requirements

01/07/2013 | 10:03am EST

State Street's New CFTC Reporting Service Helps Clients Fulfill CFTC Requirements

BOSTON - State Street Corporation (NYSE: STT) announced today that it has developed a suite of services to assist clients with compliance testing and reporting requirements for the Commodity Futures Trade Commission's (CFTC) rule amendments announced last year. The new service offerings will help investment companies registered under the Investment Company Act of 1940 (1940 Act) and private investment vehicles comply with new CFTC rules impacting funds that invest in certain derivative instruments.

The amendments to the CFTC rules require investment advisers that are considered to be a commodity pool operator (CPO) to register with the CFTC unless the CPO qualifies for one of the exemptions outlined by the CFTC.

"With increased industry-wide focus on transparency coupled with a complex market environment, we are focused on working with our clients to help them comply with the evolving regulatory landscape," said Keith Slattery, senior vice president at State Street. "Our experienced compliance and fund administration team offers the scale and expertise necessary to assist clients in meeting complex regulatory requirements in a timely manner so they can focus on their core business."

State Street's CFTC services include initial diagnostic testing to help clients determine if they qualify for de minimus exemptions from the CFTC's required registration as a CPO. The new offering also provides clients with daily compliance testing and filing of annual notices for those clients claiming an exemption; monthly or quarterly financial statements, enhanced prospectus financial data and provision of data for Form CPO-PQR reporting for those clients whose advisers are designated as a CPO.

About State Street
State Street Corporation (NYSE: STT) is one of the world's leading provider of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $23.4 trillion in assets under custody and administration and $2.1 trillion in assets under management at September 30, 2012, State Street operates in 26 countries and more than 100 geographic markets. For more information, visit State Street's web site at www.statestreet.com.

*This AUM includes the assets of the SPDR Gold Trust (approx. $75.3 billion as of September 30, 2012), for which State Street Global Markets, LLC, an affiliate of State Street Global Advisors serves as the marketing agent.

distributed by

© Publicnow 2013
All news about STATE STREET CORPORATION
12/08State Street Global Advisors Launche : Navigating a Bumpy Landing
BU
12/07Recession Concerns, Fed Tightening Campaign Weighs on Equities
MT
12/07Recession Concerns, Fed Policy Uncertainty Drag Equities Mostly Lower
MT
12/07Downward Bias Prevails Across US Equities
MT
12/07Relaxed COVID Restrictions in China Fail to Induce Risk-on Trade in US Equities
MT
12/07Choppy Trading, Downward Bias Characterize US Equities
MT
12/07Transcript : State Street Corporation Presents at Goldman Sachs 2022 US Finan..
CI
12/07Sector Update: Financial Stocks Decline Pre-Bell Wednesday
MT
12/07State Street Increases Q4 Share Repurchase Authorization by Up to $500 Million
MT
12/07State Street Announces Incremental Increase of up to $500 Million to Existing Common Sh..
BU
More news
Analyst Recommendations on STATE STREET CORPORATION
More recommendations
Financials (USD)
Sales 2022 12 007 M - -
Net income 2022 2 624 M - -
Net Debt 2022 21 252 M - -
P/E ratio 2022 11,0x
Yield 2022 3,07%
Capitalization 28 665 M 28 665 M -
EV / Sales 2022 4,16x
EV / Sales 2023 4,12x
Nbr of Employees 41 354
Free-Float 72,8%
Chart STATE STREET CORPORATION
Duration : Period :
State Street Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends STATE STREET CORPORATION
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Last Close Price 78,12 $
Average target price 83,93 $
Spread / Average Target 7,44%
EPS Revisions
Managers and Directors
Ronald Philip O'Hanley Chairman & Chief Executive Officer
Louis D. Maiuri President, COO & Head-Investment Services
Eric W. Aboaf Vice Chairman-Management Board & CFO
Brian Franz Chief Information Officer & Executive VP
Andrew Zitney Chief Technology Officer & Executive VP
Sector and Competitors
1st jan.Capi. (M$)
STATE STREET CORPORATION-13.49%29 520
BLACKROCK, INC.-22.54%106 513
BROOKFIELD ASSET MANAGEMENT INC.-22.62%68 199
UBS GROUP AG4.08%57 868
BANK OF NEW YORK MELLON CORPORATION (THE)-23.19%36 057
AMERIPRISE FINANCIAL, INC.7.10%34 266