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Press Conference By SUZUKI Shunichi, Japan Minister Of Finance And Minister Of State For Financial Services - Compulsory Automobile Liability Insurance Council

Date 10/02/2022

[Questions and answers:]

Q.

I would like to ask about the meeting of the Compulsory Automobile Liability Insurance Council held yesterday. There is an opinion that information should be thoroughly disclosed. However, the Council has been closed to the public for over two years. Reporters can only hear the discussion. What do you think of the fact that the FSA discloses less information although Council members discuss the need for information disclosure?

Taiwan Futures Exchange Newsletter - February 2022

Date 10/02/2022

On February 7, TAIFEX listed two new Single Stock Futures (STFs) on Tainan Spinning Co., Ltd (1440) and Chung Hung Steel Corp. (2014). With the new additions, TAIFEX now offers a total of 231 equity futures and 48 equity options, including 9 ETF Futures and 8 ETF Options, for investors to hedge and gain equity exposure.

Japan Financial Services Agency - Stewardship Code: 320 Institutional Investors Have Signed Up To The Principles For Responsible Institutional Investors As Of January 31, 2022

Date 10/02/2022

The Council of Experts Concerning the Japanese Version of the Stewardship Code (Chairman: Professor Hiroyuki Kansaku, University of Tokyo Graduate Schools for Law and Politics) published the Principles for Institutional Investors (Japan’s Stewardship Code, hereinafter referred to as "the Code") on February 26, 2014.

FINRA Publishes 2022 Report On Exam And Risk Monitoring Program - Includes Initial Findings From Reg BI Exams; Highlights Emerging And Ongoing Regulatory Topics

Date 09/02/2022

FINRA today published its 2022 Report on FINRA’s Examination and Risk Monitoring Program to provide insights from FINRA’s oversight programs to FINRA member firms. The 70-page Report covers 21 different topics—including five new subjects—relevant to an evolving securities industry.

NYSE Group Consolidated Short Interest Report

Date 09/02/2022

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

Nasdaq Announces End-Of-Month Open Short Interest Positions In Nasdaq Stocks As Of Settlement Date January 31, 2022

Date 09/02/2022

At the end of the settlement date of January 31, 2022, short interest in 3,265 Nasdaq Global Market^SM securities totaled 9,574,319,687 shares compared with 9,093,765,057 shares in 3,219 Global Market issues reported for the prior settlement date of January 14, 2022. The end-of-January short interest represent 2.51 days average daily Nasdaq Global Market share volume for the reporting period, compared with 3.10 days for the prior reporting period.

US Acting Comptroller Of The Currency Issues Statement On Court Decision Regarding ‘Madden’ Rule

Date 09/02/2022

Acting Comptroller of the Currency Michael J. Hsu issued the following statement regarding the decision issued by the District Court for the Northern District of California in the litigation challenging the Office of the Comptroller of the Currency (OCC) rule to clarify the permissible interest on transferred loans.

Statement On Cybersecurity Risk Management For Investment Advisers, Registered Investment Companies, And Business Development Companies, SEC Commissioner Hester M. Peirce, Feb. 9, 2022

Date 09/02/2022

I want to begin by offering my thanks to the staff of the Divisions of Investment Management, Examinations, and Economic and Risk Analysis, Nancy Sumption, and the Offices of the Chief Accountant, Information Technology, and General Counsel.  Although I am unable to support today’s proposal, I appreciate all of the work and effort staff put into producing it, and I am grateful for the time they took to discuss my concerns and respond to my questions.

SIFMA Statement On SEC Proposal To Accelerate The Settlement Cycle

Date 09/02/2022

SIFMA today issued the following statement from president and CEO Kenneth E. Bentsen, Jr. on the SEC’s proposal to accelerate the settlement cycle:

“SIFMA, along with our industry partners the Investment Company Institute (ICI) and The Depository Trust & Clearing Corporation (DTCC), are leading the effort to accelerate the U.S. securities settlement cycle from trade date plus 2 days (T+2) to trade date plus one day (T+1), which will improve market resiliency by further reducing risk that exists while a trade is being finalized, benefit investors by shortening the execution time frame between buying or selling their securities, and reduce the level of margin market participants must post to offset the settlement risk. We welcome the proposal today from the SEC supporting this acceleration of the settlement cycle and look forward to reviewing and commenting as the industry continues its work to follow our roadmap to T+1.  Our roadmap strives for mid-year 2024 and as we follow the road map the date will become more clear.  Importantly, the industry and its regulators need to take the time to get it right and avoid unnecessary disruptions.”

Private Fund Advisers Proposal – Statement In Support Of Accountability Enhancing Updates, SEC Commissioner Caroline A. Crenshaw, Feb. 9, 2022

Date 09/02/2022

Investment advisers are their clients’ fiduciaries. This means that investment advisers are legally obligated to serve their client’s best interest. This standard of conduct is not an aspirational goal. It must be meaningful and offer the real protections investors reasonably expect and deserve. And this standard of conduct is not limited to the context of an adviser’s relationship with retail clients or registered funds. Private fund investors, including entities such as pension funds, charitable organizations, and college endowments, rely on the protections afforded by the Advisers Act and benefit from advisers’ obligations to place their clients’ interest first. In order to ensure that the fiduciary standard of conduct delivers these protections, we must carefully consider whether the current rules are the right ones.