Today were here to discuss the stake owners at the national Highway Safety administration in the Greenhouse Gas emission standards this program was established by congress in 1975. The goals are to improve fuel economy and secure the Nations Energy and independence. It has undergone changes and modifications both because of political and economic forces. Lesson ten years ago the pa was said to incentivize more efficient vehicles to use less fuel and Carbon Dioxide. States have enacted standards with respect to automobile omissions. This has created a complicated regulatory scheme. Improving efficiency and Energy Independence are important. Realworld fashion data must have an impact on the farreaching economy. The Previous Administration announced an attempt to create a National Standard to Work Together to avoid conflicting regulations. Whatever progress has been made epa issued a final determination for model year 2022 and 2025 is appropriate. They took the actions out clearly undermi
Rules and return is the show where we delve into the regulatory challenges and opportunities of the Financial Markets around the globe. We will speak to the top newsmakers. First tower top story. They can accept payments. A 30 month reprieve to u. S. Firms on the research will that are coming into effect in january. Great to have you. You have been all over this story from the very beginning. Why did the sec decide to do this . The industry here in washington has been pushing for months to get the sec to tell them. They can accept payment from their european clients and not have to register as an investment advisor. They do not want to register in the u. S. Has that carries a bunch of new responsibilities and costs. Relief thathe sec they announced today is limited to european clients, so they can continue to Bundle Research with Trading Execution Services in the u. S. For their clients. Nejra you describe this as a major victory for u. S. Brokerages and firms. It takes away a level of
Challenges for the markets around the world. We will speak to the top newsmakers, regulators, and Market Participants reacting to a new generation of rules. To the top story, the sec says firms can accept payments from clients. They gained a 30 month reprieve on the research rules coming to effect in january with mifid ii. Ben from our Financial Regulation team joins us now. You have been all over this story from the very beginning. Why did the sec decide to do this . Was it the result of lobbying from the industry . Ben large wall street brokerages have been pushing for months to get the sec to tell them they can essentially accept payment from their european clients and not have to register as an Investment Advisor. They dont want to register as an Investment Advisor in the u. S. , because it creates it creates new responsibilities and costs, essentially fiduciary responsibilities. Meanwhile, the sec relief that they announced today is limited to european clients so they can Bundle R
I am Francine Lacqua. Lets get straight to the markets. That is where revenues coming from. For the first time in a long time, were going to start with currencies. 14. Pound below sayingchanges investors whatever happens, the pound will go lower. The stoxx 600 down 1 . I want to show you eurodollar as well. The ecb will have to consider going into more negative territory. Well get you oil and the right price very shortly. I think that may be copper. Lets get onto copper because this is where we see some of the biggest falls overall. Get to the bloomberg first reviews with nejra cehic. Nara . Declinesl has extended after iran says was ridiculous. Irans oil Prime Minister says it is unrealistic demands on his country. Shouldcost producers bear the burden of the surplus and has reaffirmed the kingdoms commitment. Donald trump has won the nevada caucuses. The nomination the when makes him the victor in three of the four steps that have voted on the desk for states that have voted on the re
Oklahoma. Its still unclear what ingredients are responsible. Airports getting busy, many dont have to worry about Winter Weather. Much of the east coast will see recordwarm temperature this is week like 70degrees on Christmas Eve. Holiday forecast is coming up. Detroit beating new orleans saints, it was the saints quarterback drew brees making headlines this morning becoming fourth quarterback to throw for 60,000 yards in his career. All that coming up. First breaking news. National polls on the 2016 president ial election blake berman in washington right now with all the details. Good morning, blake. Blake donald trump, ted cruz and everyone else. Here are the numbers. Trump is at 28 and cruz hits highest mark yet in any National Poll to date at 24. Marco rubio and dr. Ben carson continue to be the only others in double digits. Now while trump continues to lead the republican pack, listen to this, maria, his appeal nationwide appears to be a different matter, this poll show that is 5