News Centre

Audit Firm Prager Metis Settles SEC Charges For Negligence In FTX Audits And For Violating Auditor Independence Requirements

Date 17/09/2024

The Securities and Exchange Commission today announced that Prager Metis CPAs, LLC (Prager) and its California professional services firm, Prager Metis CPAs LLP, (collectively, the Prager Entities) agreed to pay $1.95 million to resolve two actions alleging misconduct in its audits of the now-defunct crypto asset trading platform, FTX, and auditor independence violations.

B.C. Securities Commission Bans Unregistered, Offshore Crypto Trading Platform From Operating In B.C.

Date 17/09/2024

The B.C. Securities Commission (BCSC) has banned the operator of an unregistered and unauthorized crypto trading platform from trading in or purchasing securities and derivatives on behalf of British Columbians.

PIMFA WealthTech Launches New Tech Sprint On Strengthening The Industry's Cyber Security Defences

Date 17/09/2024

ETFGI Reports Assets Invested In The Global ETFs Industry Reached A New Record High Of 13.99 Trillion US Dollars At The End Of August

Date 17/09/2024

ETFGI, a prominent independent research, events and consultancy firm specializing in providing subscription research on trends in the global ETFs industry, reported today assets invested in the global ETFs industry reached a new record high of US$13.99 trillion at the end of August. During August the global ETFs industry gathered US$130.06 billion in net inflows, bringing year to date net inflows to a record US$1.07 trillion, according to ETFGI's August 2024 global ETFs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted)

Grant Thornton Report: Economic Impact Of AIM

Date 17/09/2024

Today, Grant Thornton published the report ‘Economic impact of AIM’, commissioned by the London Stock Exchange, which examines the important role that AIM continues to play in supporting business growth and in doing so delivering notable economic value to the UK. Read the full report at the following link: Report: The Economic impact of AIM companies | Grant Thornton.

SEC Charges 12 Municipal Advisors With Recordkeeping Violations

Date 17/09/2024

The Securities and Exchange Commission today announced charges against 12 municipal advisors for failures by the firms and their personnel to maintain and preserve certain electronic communications. The firms agreed to pay combined civil penalties of more than $1.3 million to settle the SEC’s charges.

Longtime Servicing Client PNC Expands Use Of ICE Data and Analytics To Further Benefit From End-To-End, Integrated Technology Ecosystem - Proprietary Mortgage And Real Estate Data Helps Manage Portfolio Risk And Uncover Opportunity In A Complex Market

Date 17/09/2024

Intercontinental Exchange , Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that PNC has expanded its use of ICE’s data and analytics solutions as part of their renewal of the MSP® loan servicing system . ICE’s proprietary mortgage data sets and advanced analytic models help companies adapt to changing market conditions and evaluate and mitigate portfolio risk.

Centrifuge Partners With Archax To List The Anemoy Janus Henderson Liquid Treasury Fund

Date 17/09/2024

Anemoy, the asset management arm of Centrifuge, is pleased to announce a strategic partnership with Archax, the UK’s first regulated digital securities exchange, broker and custodian to add the Liquid Treasury Fund (LTF) to its Primary Platform.

European Retail Investors Turn Bearish On CAC 40 Amid Post-Olympics Calm And Economic Uncertainty

Date 17/09/2024

• Spectrum Markets’ SERIX data reveals a bearish shift in sentiment towards the CAC 40, with the index dropping from a neutral 100 in July to a bearish 93 in August
• Traders show growing caution towards the French economy post-Olympics, likely due to political uncertainty, flat earnings, and luxury sector concerns
• Spectrum saw after-hours trading in August 2024 reach 38.7%, its highest level since November 2022, reflecting rising demand for 24/5 trading hours

Abu Dhabi Securities Exchange (ADX) Named Best Islamic Stock Exchange 2024 - ADX Recognized For Significant Achievements In Islamic Finance And Contributions To The Islamic Capital Market

Date 17/09/2024

Abu Dhabi Securities Exchange (ADX), one of the fastest growing exchanges in the world, announced today that it has received the award for Best Islamic Stock Exchange 2024 by the Global Islamic Finance Awards (GIFA).