News Centre

Remarks At New York City Bar Association Compliance Institute, Gurbir S. Grewal, SEC Director, Division Of Enforcement, Washington D.C., Oct. 24, 2023

Date 24/10/2023

Good afternoon, everyone.

Thank you to the New York City Bar Association for the invitation, and to Adam for the kind introduction.

FINRA Arbitrators Still Granting 90% Of Broker Requests To Erase Customer Complaints, But A Promising New Rule Will Allow State Regulators To Participate

Date 24/10/2023

• PIABA Foundation Highlights Ongoing Broker Expungement Issues, Announces Expansion of Pro Bono Program to Provide Legal Representation to Aggrieved Investors Opposing Expungements;
• New Partnership with the Alabama Securities Commission to Provide Training Program on Arbitration for State Securities Regulators After Major FINRA Rule Change.

NGX, Partners Build The Capacity Of Capital Market Operators On Single Stock Futures

Date 24/10/2023

Nigerian Exchange Limited has held a workshop to inform market stakeholders about NGX's Single Stock Futures product launch and close the knowledge gap around the asset class as it aims to deepen the Nigerian capital market.

New Data: Momentum In The Global Equities Market Loses Steam In Q3 - Investment Metrics

Date 24/10/2023

During the third quarter of 2023, global equity markets lost the momentum that had propelled markets earlier in the year as it grappled with substantial challenges including rising geopolitical tensions in Ukraine and Israel as well as continued inflationary pressures on the global economy. The MSCI ACWI, while still showing a year-to-date gain of over 10%, experienced a sharp decline in September, with a quarterly return dropping to -3.4%, a stark contrast to the robust performance in the initial two quarters.

Europex General Assembly Elects New Leadership Team For 2024-2025 Mandate & Calls For Proportionate EMD Review

Date 24/10/2023

At a regular meeting on Friday, 20 October, in Brussels the Europex General Assembly elected a new Board, including a new Chairperson, as well as the Heads of the Working Groups for the next two-year mandate, starting from 1 January 2024.

LuxSE Welcomes First Digitally Native Security Admitted To Trading In The EU

Date 24/10/2023

The Luxembourg Stock Exchange (LuxSE) today marks the listing of the very first financial instrument issued on a Distributed Ledger Technology (DLT) and admitted to trading in the European Union (EU).

R3’s Corda Powers First Digital Bond Issuance On Euroclear’s Digital Financial Market Infrastructure

Date 24/10/2023

• Live market issuance demonstrates the role DLT can play in transforming capital markets
• Digital SSA bond issued by the World Bank with Citi acting as issuer agent and Toronto Dominion acting as dealer

UK Financial Conduct Authority: Review Of Rules Extending SME Access To The Financial Ombudsman Service

Date 24/10/2023

Following the introduction of our rules extending access to the Financial Ombudsman Service for more small and medium-sized enterprises (SMEs) in 2019, we have concluded our review of their appropriateness.

Finansinspektionen: Insurance Against Fines And Administrative Sanction Fees

Date 24/10/2023

In this document, FI states its position on whether the provision of insurance against fines and administrative sanction fees is consistent with good insurance standards.

Trading Technology Demand Drives Four New Hires At Devexperts

Date 24/10/2023

Devexperts, a software solutions provider to financial firms, has announced today that its London team has expanded, with four new senior hires. Paul Tavares, Brian James, Michael Ambite and Heetesh Rawal will be instrumental in servicing clients and driving development based on client needs, bringing a wealth of industry expertise and skills.