News Centre

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. 

Statement On The Proposed Shortening Of The Settlement Cycle, Commissioner Caroline A. Crenshaw, Feb. 9, 2022

Date 09/02/2022

Thank you Chair Gensler, and thank you to my fellow Commissioners. 

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

Date 09/02/2022

As per the Securities market risk parameters methodology, on 09.02.2022, 20-15 (MSK) the upper bound of the price band (up to 129058) and initial margins (up to 31.25 %) for the security CMG-RM were changed.

Statement On Proposed Private Fund Advisers; Documentation Of Investment Adviser Compliance Reviews Rulemaking, SEC Commissioner Hester M. Peirce, Feb. 9, 2022

Date 09/02/2022

Today’s proposal represents a sea change. It embodies a belief that many sophisticated institutions and high net worth individuals are not competent or assertive enough to obtain and analyze the information they need to make good investment decisions or to structure appropriately their relationships with private funds. Therefore, the Commission judges it wise to divert resources from the protection of retail investors to safeguard these wealthy investors who are represented by sophisticated, experienced investment professionals. I disagree with both assessments; these well-heeled, well-represented investors are able to fend for themselves, and our resources are better spent on retail investor protection. Accordingly, I am voting no on today’s proposal.

Statement On Cybersecurity Risk Management Proposal For Investment Advisers, Registered Investment Companies, And Business Development Companies, SEC Commissioner Caroline A. Crenshaw, Feb. 9, 2022

Date 09/02/2022

The threat of cyberattacks on U.S. financial services firms is one of those issues that keeps me up at night. Financial services firms are leading targets of cyberattacks because “that’s where the money is.”  Cyberattacks don’t just have the potential to disrupt individual firms and their immediate clients - they have the potential to cause market-wide instability. The G20 recently warned that cyberattacks could “disrupt financial services crucial to both national and international financial systems, undermine security and confidence and endanger financial stability.”