News Centre

Statement Of CFTC Commissioner Summer K. Mersinger Regarding Extension Of Staff No-Action Letter 20-31 For Swaps Executed As Part Of Certain Package Transactions

Date 09/11/2022

I support the continuation of no-action relief that is being provided through the extension of Staff No-Action Letter 20-31 for package transactions where at least one individual swap component is subject to the trade execution requirement, and all other components are futures contracts (MAT/Futures Package Transactions).  This extended no-action relief will benefit market participants that might otherwise be unable to execute MAT/Futures Package Transactions, which are heavily traded in today’s markets, while the Commission continues to consider permanent solutions including, if appropriate, amendments to CFTC regulations.

CFTC Staff Extends No-Action Position For Certain Types Of Package Transactions From The Trade Execution Requirement For Swaps

Date 09/11/2022

The Commodity Futures Trading Commission’s Division of Market Oversight (DMO) today extended its no-action position for swaps executed as part of a package transaction in the categories described below. This extension will enable DMO to continue to assess the appropriate response for applying the trade execution requirement to swaps in certain types of package transactions. This no-action position will expire at 11:59 pm (ET) on the earlier of: (i) November 15, 2025, or (ii) the applicable effective date or compliance date of a CFTC action, including without limitation a rulemaking or order, that provides a permanent solution.

NYSE Group Consolidated Short Interest Report

Date 09/11/2022

 NYSE today reported short interest as of the close of business on the settlement date of October 31, 2022.

New York Superintendent Of Financial Services Adrienne A. Harris Announces Updated Cybersecurity Regulation  - Amends First-In-The-Nation Cybersecurity Regulation Created In 2017 In Response To Increasingly Sophisticated Technologies And Threats  - The Department Seeks Comments On The Proposed Regulation During The Next 60 Days 

Date 09/11/2022

Superintendent of Financial Services Adrienne A. Harris announced today that the New York State Department of Financial Services (DFS) proposed an updated cybersecurity regulation. DFS’s original regulation, which DFS promulgated in 2017, established a regulatory model that is now used by both federal and state financial regulators. DFS has taken a data-driven approach to amending the regulation to ensure that regulated entities address new and increasing cybersecurity threats with the most effective controls and best practices to protect consumers and businesses.

Binance Walks Away From FTX Rescue

Date 09/11/2022

Binance announced via Twitter "As a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations, we have decided that we will not pursue the potential acquisition of http://FTX.com."

CFTC Commissioner Johnson To Participate In A Fireside Chat At The Institutional Digital Assets And Crypto Regulation Symposium

Date 09/11/2022

MIAX Exchange Group - 2023 State Sales Tax Update For Non-Transaction Services

Date 09/11/2022

MIAX Options, MIAX Pearl Options, MIAX Emerald Options and MIAX Pearl Equities Exchanges will begin collecting state-specific sales tax on the sale of certain non-transaction services for all Member and Non Member firms beginning January 1, 2023.  Attached is a summary of current taxable services and state specific taxability.

FINRA Creates Industry Diversity Advisory Committee - New Committee Highlights FINRA’s Commitment To Improving DEI In The Securities Industry

Date 09/11/2022

FINRA announced today that it has established an Industry Diversity Advisory Committee, advancing its commitment to diversity, equity and inclusion (DEI) in the securities industry.

Former Chairman And CEO Of Deutsche Bank Joins Macro Hive’s Board

Date 09/11/2022

Dr Josef Ackermann, former CEO and Chairman of Deutsche Bank, will join Macro Hive’s advisory board to provide strategic guidance.

TMX Group Equity Financing Statistics – October 2022

Date 09/11/2022

TMX Group today announced its financing activity on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) for October 2022.