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CFTC Charges Energy Broker, Its Owners, and Affiliated Firms with Fraud, Unauthorized Trading, and Supervision Violations

Date 20/10/2021

The Commodity Futures Trading Commission announced today that it has filed a civil enforcement action in the U.S. District Court for the Northern District of Texas against Coquest Inc., a registered introducing broker (IB), and its owners Dennis Weinmann and John Vassallo, and their trading firms Buttonwood LLC and Weva Properties Ltd., all of Dallas, Texas.

In The Matter Of Credit Suisse, SEC Commissioner Hester M. Peirce, Oct. 20, 2021

Date 20/10/2021

On October 19, 2021, Credit Suisse Securities (Europe) Limited (“CSSEL”) entered a guilty plea to one count of criminal conspiracy with the U.S. Department of Justice related to defrauding U.S. and international investors in the financing of an $850 million loan for a tuna fishing project in Mozambique. One consequence of CSSEL’s guilty plea is the triggering of section 9(a) of the Investment Company Act of 1940, which, absent Commission action, automatically disqualifies CSSEL affiliates from, among other things, serving as investment advisers or principal underwriters to certain types of investment companies. The affiliated investment fund service providers, who are applicants for relief here, were not involved in the actions leading to CSSEL’s guilty plea, and funds they serve are not alleged to have been harmed by CSSEL’s conduct. Disqualifying these affiliates from continuing to serve as advisers, subadvisers, and underwriters for nearly sixty funds would be unwarranted and, more importantly, would harm the funds and their shareholders. Accordingly, I support the Commission’s issuance of a temporary order and notice of application for a permanent order exempting named Credit Suisse entities from the provisions of section 9(a). My support, however, is not as enthusiastic as it might be.

Alberta Securities Commission Connect 2021 To Provide Insight On Trends And Opportunities In Alberta’s Capital Market

Date 20/10/2021

The Alberta Securities Commission (ASC) is bringing together government and industry leaders to discuss opportunities and evolving trends in Alberta’s capital market at its annual signature event, ASC Connect, which will be held virtually on Thursday, Oct. 21, 2021.

Cboe Agrees To Acquire ErisX, Entering Digital Asset Space With Spot, Derivatives And Clearing Platform

Date 20/10/2021

• Ownership of ErisX provides Cboe with entry to digital asset spot and derivatives markets, including clearing and settlement
• Cboe plans Digital Advisory Committee of industry participants to develop industry standard-setting platform
• Opportunity to build comprehensive digital asset market data offering, create indices and explore further derivatives products
• Deal is expected to close in the first half of 2022, pending regulatory approvals

Moscow Exchange: Risk Parameters Change For The Security PINS-RM - Update

Date 20/10/2021

As per the Securities market risk parameters methodology, on 20.10.2021, 20-46 (MSK) the upper bound of the price band (up to 4734) and initial margins (up to 30 %) for the security PINS-RM were changed. New values are available here

MIAX Options Exchange - MIAX Product Feed Will Disseminate VSPIKES Index Cash Value Beginning Thursday, October 21, 2021

Date 20/10/2021

MIAX Options Exchange will begin disseminating the VSPIKES Index cash value (symbol: VSPKE) on the MIAX Product Feed (MPF) beginning Thursday, October 21, 2021.

Moscow Exchange: Risk Parameters Change On Securities Market

Date 20/10/2021

CCP NCC changes PcH_max parameter value that defines price up limit on Securities market starting from October 21, 2021:

How Long Is Too Long? How High Is Too High?: Managing Recent Inflation Developments Within The FOMC’s Monetary Policy Framework - Federal Reserve Governor Randal K. Quarles, At The 2021 Milken Institute Global Conference "Charting A New Course," Beverly Hills, California

Date 20/10/2021

Thank you to the Milken Institute for the opportunity to join you today. This morning I'd like to outline my view of current economic conditions and the economic outlook and then turn to the implications for monetary policy. In particular, with employment still well below its February 2020 peak, I will focus on how the escalation in inflation this year is testing the monetary policy framework adopted by the Federal Open Market Committee (FOMC) in August 2020.

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

Date 20/10/2021

As per the Securities market risk parameters methodology, on 20.10.2021, 18-42 (MSK) the lower bound of the price band (up to 1643) and initial margins (up to 22.5 %) for the security BKR-RM were changed. New values are available here

CFTC Commissioner Stump To Speak On A Panel At A MarketWatch Investing In Crypto Event Series

Date 20/10/2021