News Centre

SEC Charges Canadian Cannabis Company And Former Senior Executive With Accounting Fraud

Date 24/10/2022

The Securities and Exchange Commission today charged Cronos Group Inc., a Nasdaq-listed cannabis company based in Toronto, for improperly accounting for millions of dollars of revenue and for other accounting misconduct in multiple reporting periods. The SEC also charged Cronos’s former Chief Commercial Officer, William Hilson, with fraud and aiding and abetting the company’s violations. In agreeing to settle with Cronos, the Commission determined that the company should not incur a financial penalty, given its timely self-reporting, significant cooperation, and remediation.

CFTC Swaps Report Update

Date 24/10/2022

CFTC's Weekly Swaps Report has been updated, and is now available.

Nasdaq: The Impact Of ESG On Proxy Season And Proxy Voting

Date 24/10/2022

Companies in all industries face growing pressure to implement credible strategies for addressing environmental, social and governance (ESG) issues. ESG-focused investors have become an increasingly influential force for change that most companies can no longer ignore. In fact, a 2022 MSCI report states that, "ESG investing has become a prevailing part of investing," and predicts that the trend will only grow stronger. But companies also face increasing regulatory scrutiny of ESG issues as well as legal risks, according to Business Law Today. Yet, with more reasons than ever to improve ESG disclosures, even well-motivated companies may not make full use of a basic tool for telling their ESG stories to their most active and engaged investors: the proxy statement. Fortunately, following a few fundamental principles can help companies integrate ESG factors into proxy statements and make a positive contribution to investor engagement.

MIAX Options Exchange - AIS And MEI System Enhancements Reminder

Date 24/10/2022

As previously announced in the August 29th and September 29th Alerts, MIAX Options will be implementing the following system enhancements:

“Competition And The Two SECs” Remarks Before The SIFMA Annual Meeting, SEC Chair Gary Gensler, Washington D.C., Oct. 24, 2022

Date 24/10/2022

Thank you, Ken [Bentsen]. As is customary, I’d like to note that my views are my own, and I’m not speaking on behalf of my fellow Commissioners or the SEC staff.

Nigeria SEC Lauds NGX, NGX Regco For Driving Sustainability, Investor Resilience In Capital Market

Date 24/10/2022

The Securities and Exchange Commission (SEC) has commended NGX and NGX RegCo for their efforts towards fostering sustainability and investor resilience in the Nigerian capital market.

Remarks By US Secretary Of The Treasury Janet L. Yellen At The Securities Industry And Financial Markets Association’s Annual Meeting

Date 24/10/2022

Thank you for that introduction. I’d like to begin by thanking Ken and SIFMA for inviting me to your Annual Meeting. I’m delighted to be here with all of you.

EBA Publishes Report On The Integration Of ESG Risks In The Supervision Of Investment Firms

Date 24/10/2022

• The Report provides an initial assessment of environmental, social and governance (ESG) factors and risks for the purposes of the prudential supervision of investment firms under the Investment Firms Directive (IFD). 

• The objective of the Report is to set the foundations for further considerations of the ESG aspects in the supervisory review and evaluation process (SREP) of investment firms. 

• This Report builds on and complements the EBA Report on management and supervision of ESG risks for credit institutions and investment firms published in June 2021. 

Moscow Exchange - Maintenance On T1 Securities And FX Test Environment

Date 24/10/2022

On 26 and 27 October 2022 we will be updating the Securities (INET_GATEWAY) and FX (INETCUR_GATEWAY) markets T1 test environment. Trading system and some related services (unified collateral pool, client registration, other WebAPI services) could be temporarily unavailable during that period. All trades concluded on that day will be reset. Please note that we do not guarantee the regular delivery of the end-of-day trading and clearing reports during the first days after the scheduled server maintenance.

SEC Names Jason J. Burt As Regional Director Of The Denver Office

Date 24/10/2022

The Securities and Exchange Commission today announced that Jason J. Burt has been named Regional Director of the Denver Office, where he has served as Acting Co-Director since July.