News Centre

Nasdaq July 2022 Volumes

Date 02/08/2022

Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for July 2022 on its investor relations website. A data sheet showing the monthly volumes and quarterly capture rates can be found at: http://ir.nasdaq.com/financials/volume-statistics.

US Acting Comptroller Of The Currency Discusses Cybersecurity Risks To Financial Sector

Date 02/08/2022

Acting Comptroller of the Currency Michael J. Hsu today discussed cybersecurity risks facing the financial sector before the Financial and Banking Information Infrastructure Committee and the Financial Services Sector Coordinating Council. In his remarks, Mr. Hsu discussed the risk of evolving cybersecurity threats, the risk to critical operations, and the risk of complacency, and highlighted the need for collaboration among public- and private-sector stakeholders to safeguard confidence in the financial sector.

Remarks At The Small Business Capital Formation Advisory Committee Meeting: Shining A Spotlight (Or Searchlight) On Secondary Market Liquidity For Small Businesses, SEC Commissioner Hester M. Peirce, Washington D.C., Aug. 2, 2022

Date 02/08/2022

Good morning. Thank you to our committee members for convening and to our panelists for joining today’s meeting. I am pleased that the discussion will cover a critically important topic for small businesses and the many Americans who would like to invest in them: secondary market liquidity.

Robinhood Reports Second Quarter 2022 Results

Date 02/08/2022

Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today announced financial results for the second quarter of 2022, which ended June 30, 2022.

Statement On Jury’s Verdict In Trial Of Christopher Nohl, Michael Hull, And Entities They Owned Or Controlled: Gurbir S. Grewal, SEC Director, Division Of Enforcement

Date 02/08/2022

After a 7-day trial, a jury in the United States District Court for the Western District of Wisconsin found Christopher Nohl, Michael Hull, and various entities under their control liable for securities fraud in connection with their operation of the Greenpoint Tactical Income Fund, a Wisconsin-based private investment fund.

New York Department Of Financial Services Superintendent Harris Announces $30 Million Penalty On Robinhood Crypto For Significant Anti-Money Laundering, Cybersecurity & Consumer Protection Violations – DFS Investigation Finds Robinhood Crypto Failed To Maintain Effective And Compliant BSA/AML And Cybersecurity Programs, Violated Critical Consumer And Reporting Requirements, And Improperly Certified Compliance

Date 02/08/2022

Superintendent of Financial Services Adrienne A. Harris announced today that Robinhood Crypto, LLC (“RHC”) will pay a $30 million penalty to New York State for significant failures in the areas of bank secrecy act/anti-money laundering (“BSA/AML”) obligations and cybersecurity that resulted in violations of the Department’s Virtual Currency Regulation (23 NYCRR Part 200), Money Transmitter Regulation (3 NYCRR Part 417), Transaction Monitoring Regulation (23 NYCRR Part 504), and Cybersecurity Regulation (23 NYCRR Part 500). In addition to the penalty, RHC will also be required, as part of the settlement, to retain an independent consultant that will perform a comprehensive evaluation of RHC’s compliance with the Department’s Regulations and RHC’s remediation efforts with respect to the identified deficiencies and violations.  

Readout: US Secretary Of The Treasury Janet L. Yellen’s Meeting With German Finance Minister Christian Lindner

Date 02/08/2022

Earlier today, Secretary of the Treasury Janet L. Yellen spoke with German Finance Minister Christian Lindner.  During the call, Secretary Yellen discussed the critical need to  respond to Ukraine’s near-term economic assistance needs caused by Russia’s unprovoked and unjustified war.  In addition, Secretary Yellen conveyed appreciation for Germany’s key role, as part of its G7 presidency, in exploring a price cap on Russian oil and in the progress being made in technical-level discussions. 

CFTC Commissioner Goldsmith Romero To Participate In A Fireside Chat At The Federal Reserve Bank Of Philadelphia’s Sixth Annual Fintech Conference

Date 02/08/2022

ISDA: SwapsInfo First Half Of 2022 And The Second Quarter Of 2022 Review

Date 02/08/2022

The latest ISDA SwapsInfo Quarterly Review shows that trading volume for interest rate derivatives (IRD) and credit derivatives increased in the first half of 2022 compared to the first half of 2021. This summary provides a high-level overview of key trends in the first half of 2022 and the second quarter of 2022.

CFTC Customer Advisory Highlights What Customers Should Know Before Trading Over-The-Counter Forex - Fraudsters Posing As OTC Forex Dealers Take Deposits, But Refuse Withdrawals

Date 02/08/2022

The Commodity Futures Trading Commission today issued a customer advisory warning the public to thoroughly research potential investments in over-the-counter foreign exchange (OTC forex). The new advisory, Eight Things You Should Know Before Trading Forex, provides potential investors with eight cautionary tips about the risks of trading OTC forex. To help protect themselves against fraud, the advisory encourages potential investors to thoroughly research an OTC forex dealer before making any deposits or sharing personal information. It also outlines what forex dealer registration entails, and why it matters, as well as common signs of fraudulent OTC forex websites.