News Centre

Rat Farms And Rule Comments - Statement On Comment Period Lengths, SEC Commissioner Hester M. Peirce, Dec. 10, 2021

Date 10/12/2021

As the Securities and Exchange Commission embarks on an active period of rulemaking, we ought to do all we can to elicit broad-ranging public comment. Carefully delineating the nature of the changes we are proposing helps commenters to respond with helpful suggestions for improving the rules. Asking lots of questions, something we routinely do in our rulemaking releases, points the public to particular questions we have. Identifying the problem we are trying to solve, offering potential alternative solutions, setting forth the costs and benefits of the proposed and alternative solutions, and laying out the assumptions and data underlying our economic analysis together enable commenters to offer thoughtful responses. Essential to facilitating substantive input from a wide variety of interested parties is giving people enough time to comment.

Office Of The Comptroller Of The Currency Reports Improvement In Mortgage Performance

Date 10/12/2021

The Office of the Comptroller of the Currency (OCC) reported that the performance of first-lien mortgages in the federal banking system improved during the third quarter of 2021.

US Department Of Justice: Trader Indicted For Commodities Insider Trading Scheme

Date 10/12/2021

A federal grand jury in Houston returned an indictment on Dec. 7 charging a natural gas trader for an insider trading scheme involving natural gas futures.

CFTC Commitments Of Traders Reports Update

Date 10/12/2021

The current reports for the week of December 07, 2021 are now available.

New Commissioners Appointed To The British Columbia Securities Commission

Date 10/12/2021

Two new commissioners – Karen Keilty and Jason Milne – have been appointed to the board of the British Columbia Securities Commission (BCSC).

SEC Charges Three Canadian Citizens In Fraudulent Penny Stock Scheme

Date 10/12/2021

The Securities and Exchange Commission today announced it charged three Canadian citizens with carrying out a fraudulent scheme involving penny stocks which generated tens of millions of dollars in proceeds but left investors with nearly worthless shares of various public companies.

Risk Parameters Change For The Securities F-RM And PINS-RM

Date 10/12/2021

Please follow the links below to access the information:

Risk parameters change for the security F-RM
Risk parameters change for the security PINS-RM

CFTC Charges Puerto Rico Resident And His Firm For Misappropriation Of Nonpublic Information And Fictitious Trading

Date 10/12/2021

The Commodity Futures Trading Commission announced today that it has filed a civil enforcement action in the U.S. District Court for the Southern District of Texas against Peter Miller, a resident of San Juan, Puerto Rico, and his firm Omerta Capital LLC. 

Statement On Jury’s Verdict In Trial of Gregory Grenda And The Grenda Group - Gurbir Grewal, SEC, Director, Division Of Enforcement

Date 10/12/2021

“We are pleased with today’s jury verdict holding investment advisers Gregory Grenda and the Grenda Group, LLC, liable for securities fraud. Investment advisers have a duty to disclose all material information to their clients and today’s verdict makes clear that Gregory Grenda and the Grenda Group did not meet this duty. Instead, they committed securities fraud by failing to tell their clients that the Commission had barred Grenda’s father, Walter Grenda, from associating with an investment adviser because of his fraudulent conduct at a predecessor firm. Rather than share this important fact with its clients so it could inform their investing decisions, Gregory Grenda and the Grenda Group kept it from them. Today’s verdict underscores that the Commission will take all steps necessary to enforce its orders and protect investors.”

The Finnish Foundation For Share Promotion And Financial Inclusion Europe Join BETTER FINANCE

Date 10/12/2021

BETTER FINANCE is pleased to announce the affiliation of two new associate member organisations. The Finnish Foundation for Share Promotion (Pörssisäätiö), based in Helsinki, and Financial Inclusion Europe (FiInE), based in Brussels, are the latest organisations to join BETTER FINANCE’s ranks, bringing the total number of member organisations to 39, of which 29 are based in  EU and EEA Member States.