News Centre

JPX Market Innovation & Research: TOPIX 100 Net Total Return Index To Be Launched

Date 12/12/2025

JPX Market Innovation & Research, Inc. (“JPXI”) will start calculating "TOPIX 100 Net Total Return Index", in addition to the Price return index and Total return index.

Statement Regarding Potential Revisions To FSOC’s Non-Bank Designation Guidance, Paul S. Atkins, SEC Chairman, Dec. 11, 2025

Date 12/12/2025

Today the Financial Stability Oversight Council (FSOC) received a briefing from Treasury staff on potential revisions to the Council’s interpretative guidance regarding nonbank financial company determinations. And I was especially encouraged to see revising the non-bank designation guidance on the agenda. Secretary Bessent’s leadership on this issue is welcome, and I believe that this Council cannot begin to undo the damage of the last administration fast enough.

Remarks Before The US Financial Stability Oversight Council, Paul S. Atkins, SEC Chairman, Financial Stability Oversight Council, Washington D.C., Dec. 11, 2025

Date 12/12/2025

Thank you, Secretary Bessent. I am pleased to join you all at our final FSOC meeting of the year.

First, a word of gratitude. The annual report before us reflects a remarkable level of dedication, made all the more notable by shutdown-imposed limitations. I should like to extend special thanks to the drafting team assembled by FSOC—and to the SEC staff who worked cheek by jowl with them in preparing this report.

Comptroller Of The US Currency Issues Statement On Bank Supervision And Regulation At US Financial Stability Oversight Council Meeting

Date 12/12/2025

Comptroller of the Currency Jonathan V. Gould today issued a statement at the Financial Stability Oversight Council meeting about the Office of the Comptroller of the Currency’s (OCC) work to strengthen its supervision and regulation of banks to better support the U.S. economy.

Miami International Holdings Announces Pricing Of Secondary Public Offering Of Common Stock

Date 12/12/2025

Miami International Holdings, Inc. ("MIAX" or the "Company") (NYSE: MIAX), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today announced the pricing of a secondary public offering of 6,750,000 shares of its common stock at a price to the public of $41.00 per share (the "Offering"). The Offering consisted entirely of secondary shares including shares to be issued upon the exercise of warrants sold by certain selling stockholders of MIAX. The Offering is expected to close on December 15, 2025, subject to the satisfaction of customary closing conditions.

FSOC 2025 Annual Report

Date 11/12/2025

The Financial Stability Oversight Council (Council) today unanimously approved its 2025 annual report. This report presents the Council’s assessment of the most salient financial stability issues, provides the Council’s recommendations to address those issues, and summarizes the activities of the Council and member agencies to address potential emerging threats to U.S. financial stability. The report was developed collaboratively by Council members and their agencies and staffs. Overall, the Council finds that U.S. financial markets and institutions functioned effectively in 2025, supporting the smooth provision of credit to businesses and households and facilitating asset price discovery.

You Cannot Regulate What You Cannot Define – Part 2: Tokenization, DeFi: By Kelvin To, Founder And President Of Data Boiler Technologies

Date 11/12/2025

What “tokenization” or “DeFi” is truly about

In a sharing economy, crypto / Digital Ledger Technology (DLT) are like other shared services (e.g. Uber, Air B&B) that unleash tremendous "societal values by promoting access over ownership, which challenges traditional notions of property rights." We think the Bank for International Settlements (BIS) has an overly complicated definition or concept about “tokenization”. Tokenization to some extent may equate to Securitization, when it serves as an alternative or a poor person way for securities issuance and asset gathering processes. Putting it in layman terms, both “tokenization” and “securitization” aim to make assets tradable and liquid.

US Financial Stability Oversight Council Meeting

Date 11/12/2025

On Thursday, December 11, 2025 Secretary of the Treasury Scott Bessent presided over a meeting of the Financial Stability Oversight Council (Council) at the Treasury Department.

Remarks By US Secretary Of The Treasury Scott Bessent Before The US Financial Stability Oversight Council

Date 11/12/2025

Introductory remarks:

Now, turning to our first agenda item, we will discuss the Council’s annual report. 

CFTC Staff Issues No-Action Letters Regarding Event Contracts

Date 11/12/2025

The Commodity Futures Trading Commission’s Division of Market Oversight and the Division of Clearing and Risk today announced they have taken a no-action position regarding swap data reporting and recordkeeping regulations in response to requests from multiple registered entities.