News Centre

SEC Re-Proposes Amendments To Exemption From National Securities Association Membership - Amendments Would Enhance FINRA Oversight Of Firms That Trade Securities Proprietarily Across Markets

Date 29/07/2022

The Securities and Exchange Commission today re-proposed rule amendments that would narrow the exemption from Section 15(b)(8) of the Securities Exchange Act, which requires any broker or dealer registered with the Commission to become a member of a national securities association unless the broker or dealer effects transactions in securities solely on an exchange of which it is a member. FINRA currently is the only registered national securities association.

Statement On Re-Proposed Amendments Regarding Exemption From National Securities Association Membership, SEC Chair Gary Gensler, July 29, 2022

Date 29/07/2022

Today, the Commission unanimously voted to re-propose amendments to Rule 15b9-1 regarding when broker-dealers are required to register with the Financial Industry Regulatory Authority (FINRA). These amendments would cause some of the most active participants in our equity and fixed-income markets to be required to register with FINRA. I was pleased to support these amendments because, if adopted, they would modernize and improve market oversight for regulators.

Statement Of SEC Commissioners Hester M. Peirce And Mark T. Uyeda oOn Proposed Amendments To Exchange Act Rule 15b9-1

Date 29/07/2022

Today the Commission is re-proposing, in slightly modified form, amendments to Exchange Act Rule 15b9-1. As with the 2015 proposal, this re-proposal would significantly narrow an exemption from the requirement that broker-dealers register with a national securities association. Because FINRA currently is the only national securities association registered with the Commission, the proposed amendments, as a practical matter, would require affected broker-dealers to become FINRA members.

CFTC Commissioner Pham To Participate On A Panel At The Bloomberg Asia Wealth Summit

Date 29/07/2022

Nadex Temporarily Amends Binary Contracts Strike Width

Date 29/07/2022

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.6(d) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) hereby provides notice that due to increased or decreased volatility, as the case may be, in the underlying markets upon which the Nadex contracts are based, Nadex made changes to the strike widths of various contracts during the week of July 25, 2022 as indicated in the Weekly Notice.

Nigerian Exchange Weekly Market Report For The Week Ended 29 July 2022

Date 29/07/2022

A total turnover of 1.546 billion shares worth N16.289 billion in 23,873 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 917.190 million shares valued at N14.803 billion that exchanged hands last week in 19,513 deals

MIAX Options Exchange - August 1 2022, SPIKES Options Fee Changes

Date 29/07/2022

Effective August 1, 2022, MIAX Options will change SPIKES Options fees to a) introduce a new Routing EEM Rebate Program, b) bifurcate and adjust Simple and Complex fees, and c) adjust PRIME and cPRIME fees

Nadex Refrains From Listing Certain Contracts

Date 29/07/2022

Due to activity in the underlying markets upon which the Nadex contracts are based and pursuant to the authority granted in Nadex Rule 12.1(i), Nadex took the following actions:

Statement Of CFTC Commissioner Kristin N. Johnson in Support Of Proposed Order On Japanese Capital Comparability Determination

Date 29/07/2022

I support the Commission’s issuance of the proposed capital comparability order for comment (Proposed Order).  I commend staff’s hard work on this matter and their meticulous review of the capital and financial reporting requirements in Japan, as well as their outstanding cooperation with the Financial Services Agency of Japan (JFSA).  I also appreciate the JFSA’s sustained and meaningful engagement of Commission staff during the entirety of the review process. 

Federal Reserve Annual Report

Date 29/07/2022

This report covers the calendar-year operations and activities carried out by the Board in its five key functional areas: (1) monetary policy, (2) financial stability, (3) supervision and regulation, (4) payment system and Reserve Bank oversight, and (5) consumer and community affairs.