News Centre

SEC Proposes Rules To Prevent Fraud In Connection With Security-Based Swaps Transactions, To Prevent Undue Influence Over CCOs And To Require Reporting Of Large Security-Based Swap Positions

Date 15/12/2021

The Securities and Exchange Commission today voted to propose rules to prevent fraud, manipulation and deception in connection with security-based swaps, to prevent undue influence over the chief compliance officer (CCO) of security-based swap dealers and major security-based swap participants (SBS Entities), and to require any person with a large security-based swap position to publicly report certain information related to the position.

MIAX Options: Business Continuity And Disaster Recovery Plans Testing, Member Designation Standards

Date 15/12/2021

As required by Regulation Systems Compliance and Integrity and MIAX Options Rule 321, which is incorporated by reference into both the MIAX Pearl and MIAX Emerald Exchange Rule Books, and thus applicable to Members of both Exchanges, certain Members of the MIAX Exchanges will have mandatory participation requirements in the annual SIFMA Business Continuity Planning Disaster Recovery (“BC/DR”) test. Please refer to the following for more information on designation standards and requirements for Designated Members.

Moscow Exchange: Risk Parameters Changes For The Securitie RUN-RM, JD-RM And NUE-RM

Date 15/12/2021

Please follow the links below to access the information:

Risk parameters change for the security RUN-RM
Risk parameters change for the security JD-RM
Risk parameters change for the security NUE-RM

SEC Proposes Amendments To Money Market Fund Rules - Proposed Amendments Would Improve The Resilience And Transparency Of Money Market Funds

Date 15/12/2021

The Securities and Exchange Commission today voted to propose amendments to certain rules that govern money market funds under the Investment Company Act of 1940. In March 2020, growing economic concerns about the impact of the COVID-19 pandemic led investors to reallocate their assets into cash and short-term government securities. Prime and tax-exempt money market funds, particularly institutional funds, experienced large outflows, which contributed to stress on short-term funding markets. The Commission’s proposed amendments are designed, in part, to address concerns about prime and tax-exempt money market funds highlighted by these events.

Moscow Exchange: Risk Parameters Change For The Security PGR-RM

Date 15/12/2021

As per the Securities market risk parameters methodology, on 15.12.2021, 19-37 (MSK) the upper bound of the price band (up to 7874) and initial margins (up to 16.25 %) for the security PGR-RM were changed. New values are available here

Finansinspektionen Leaves The Countercyclical Buffer Rate Unchanged

Date 15/12/2021

In accordance with its assessment in the most recent stability report, FI is leaving the countercyclical buffer rate unchanged. The buffer rate of 0 per cent, which was applied starting on 16 March 2020, shall thus continue to apply. The countercyclical buffer guide is set at 0 per cent.

SEC Proposes New Share Repurchase Disclosure Rules - The Proposal Would Establish New Form SR For Reporting Issuer Share Repurchases And Enhance Existing Periodic Disclosure

Date 15/12/2021

The Securities and Exchange Commission today proposed amendments to its rules regarding disclosure about an issuer’s repurchases of its equity securities, often referred to as buybacks.

SEC Proposes Amendments Regarding Rule 10b5-1 Insider Trading Plans And Related Disclosures - The Proposal Would Strengthen The Requirements To Access The Affirmative Defense To Insider Trading And Improve Related Transparency Around Insider Transactions In Company Securities

Date 15/12/2021

The Securities and Exchange Commission today proposed amendments to Rule 10b5-1 under the Securities Exchange Act of 1934 to enhance disclosure requirements and investor protections against insider trading. The proposal includes updates to Rule 10b5-1(c), which provides an affirmative defense to insider trading for parties that frequently have access to material nonpublic information, including corporate officers, directors and issuers.

Moscow Exchange: Risk Parameters Change For The Security PFE-RM

Date 15/12/2021

As per the Securities market risk parameters methodology, on 15.12.2021, 18-56 (MSK) the upper bound of the price band (up to 4449) and initial margins (up to 16.25 %) for the security PFE-RM were changed. New values are available here

ESMA Publishes Report On Expected Credit Loss Disclosures Of Banks

Date 15/12/2021

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published its Report on the application of the IFRS 7 Financial Instruments: Disclosures (IFRS 7) and IFRS 9 Financial Instruments (impairment requirements) (IFRS 9) requirements regarding banks’ expected credit losses (ECL). ESMA has identified room for improvement in the level of compliance, comparability and transparency in the application of the relevant IFRS requirements.