News Centre

UASA Discusses Key Developments Of Arab Capital Markets At A Meeting Headed By UAE Securities And Commodities Authority

Date 30/05/2021

H.E. Dr. Maryam Al Suwaidi, Acting Chief Executive Officer of the Securities and Commodities Authority, (SCA) opened the 15th meeting of the Union of Arab Securities Authorities (UASA) held via video conference in the presence of H.E. Jalil Tarif, Secretary General of the UASA, and representatives from the UASA member states. Participants at the meeting discussed the agenda, the developments that took place in Arab capital markets back in 2020, and the consequences of the COVID-19 pandemic on these markets. The UASA Strategic Plan 2021-2015 was also approved at the meeting.

FINRA Statement On Temporary Withdrawal Of Specialized Arbitrator Roster Rule Filing

Date 28/05/2021

Following consultations with the SEC staff, we temporarily withdrew from SEC consideration our rule filing establishing specialized arbitration panels for expungement requests so that we can further consider whether modifications to the filing are appropriate.

SIFMA Statement On Municipal Bond Provisions In The FY 2022 Budget

Date 28/05/2021

SIFMA today issued the following statement from president and CEO Kenneth E. Bentsen, Jr. on the municipal bond provisions in the FY 2022 budget:

“SIFMA appreciates the inclusion of municipal bond related provisions in the budget released today, including the $50 billion for Qualified School Infrastructure Bonds (QSIBs), the $15 billion increase in Private Activity Bond (PAB) authorization as created under SAFETEA-LU for transportation infrastructure, and the proposal to add public transit, passenger rail, and infrastructure for zero emissions vehicles as qualified activities for which such bonds may be issued without being subject to state private activity bond volume caps."

Effective June 01, 2021 Through June 04, 2021, MIAX Options And MIAX Emerald Options 2X Opening And Intraday Valid And Priority Quote Spread Relief In All Symbols

Date 28/05/2021

Issue Symbol: All Symbols
Multiplier: 2X
Reason: In maintenance of a fair and orderly market.
Time: Opening and Intraday
Subject Summary: Please be advised, effective June 01, 2021 through June 04, 2021, the MIAX Regulation Department has granted 2 times opening and intraday quote parameter relief for all symbols on MIAX Options and MIAX Emerald Options. 

IMF Executive Board Reviews Fund's Income Position For Fiscal Years 2021 And 2022

Date 28/05/2021

• Net operational income, mainly comprising income from lending and investments, anticipated to remain strong for FY 2021 reflecting the ongoing elevated use of Fund credit resulting from the unprecedented support to the membership in the wake of the pandemic. This trend is expected to continue in FY 2022.
• A projected unrealized pension-related accounting gain is expected to increase overall Fund income in FY 2021 reversing a large portion of the corresponding loss experienced last year

CFTC Commitments Of Traders Update

Date 28/05/2021

The current reports for the week of May 25, 2021 are now available.

MIAX Options Exchange - June 1, 2021 Fee Changes

Date 28/05/2021

Effective June 1, 2021, pending filing with the SEC, the MIAX Options Fee Schedule will be amended.

New York Attorney General James Continues To Modernize And Streamline Investment Adviser And Securities Filings In New York State - New Rules And Guidance Add Transparency And Protection For Industry And Investors

Date 28/05/2021

New York Attorney General Letitia James today announced additional guidance further elaborating on recent rule amendments prepared by the Investor Protection Bureau (IPB) and adopted in 2020. Through these new rules, the Office of the Attorney General (OAG) has increased transparency for the public into the investment adviser representatives and securities issuers operating in New York state. 

SEC Charges U.S. Promoters Of $2 Billion Global Crypto Lending Securities Offering

Date 28/05/2021

The Securities and Exchange Commission announced today that it has filed an action against five individuals alleging that they promoted a global unregistered digital asset securities offering that raised over $2 billion from retail investors.

Nadex Temporarily Amends Binary Contracts Strike Width

Date 28/05/2021

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 volatility 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 May 24, 2021 as indicated in the Weekly Notice.