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  • Statement Of CFTC Commissioner Dawn D. Stump Regarding Claim For Award By Claimant 1 In Connection With Whistleblower Award Determination No. 21-WB-07

    Date 21/10/2021

    The Commission today issues a Whistleblower Award Determination based on an enforcement action that led to an Order of the Commission making findings of liability and imposing a civil monetary penalty, among other sanctions.  Parallel actions were brought, based on the same misconduct, by:  1) a Federal Regulator; and 2) a foreign futures authority (Foreign Regulator).  The Commission is approving the Proposed Final Determination of its Claims Review Staff (CRS) that would make an award to Claimant 1 based on the monetary sanctions collected in the Commission’s enforcement action, the Federal Regulator’s action, and the Foreign Regulator’s action.

  • BIS: Big Techs In Finance: On The New Nexus Between Data Privacy And Competition

    Date 21/10/2021

    Summary

    Focus

    Large technology companies such as Alibaba, Amazon, Facebook, Google and Tencent have started to provide financial services. The activities of big techs in finance are a special case of broader fintech innovation. While fintech companies are set up to operate primarily in financial services, big tech firms offer financial services as part of a much wider set of activities. Big techs' foray into finance raises both opportunities and risks.

  • Cboe Global Markets And MSCI Inc. Expand Relationship, Extend Licensing Agreement Through 2031

    Date 21/10/2021

    • Cboe, MSCI to collaborate on strategic initiatives and drive future innovation in the capital markets
    • Enables Cboe to offer options trading on expanded suite of MSCI global indices in the U.S.
    • Expanded relationship creates framework for collaboration on new products, services and solutions

  • CFTC Awards Nearly $200 Million To A Whistleblower - Largest Award To A Single Whistleblower

    Date 21/10/2021

    The Commodity Futures Trading Commission today announced an award of nearly $200 million to a whistleblower whose specific, credible, and timely original information significantly contributed to an already open investigation and led to a successful enforcement action, as well as to the success of two related actions, by a U.S. federal regulator and a foreign regulator.

  • Drawbridge Wins ‘Best Cyber Security Provider’ At The 2021 Private Equity Wire US Awards

    Date 21/10/2021

    Drawbridge, a premier provider of cybersecurity software and solutions to the alternative investment industry, today announced it was named ‘Best Cyber Security Provider’ at the 2021 Private Equity Wire US Awards.