News Centre

Montréal Exchange Interest Rate Derivative Trading Ceases 13:30 Today, December 31, 2020

Date 31/12/2020

Interest rate derivative trading will cease at 1:30 p.m. today, December 31, 2020.

Nadex Refrains from Listing Certain Contracts

Date 31/12/2020

Due to activity in the underlying markets upon which the Nadex contracts are based and pursuant to the authority granted in Nadex Rule 12.1(i), Nadex took the following actions:

• No GBP/JPY, USD/CAD, EUR/USD, or EUR/JPY 5-Minute contracts were listed for the 6:05pm expiration time on trade date December 28, 2020;

• No GBP/JPY or USD/CAD 5-Minute contracts were listed for the 6:05pm expiration time on trade date December 29, 2020;

• No GBP/JPY or GBP/USD 5-Minute contracts were listed for the 6:05pm expiration time on trade date December 30, 2020;

• No GBP/JPY 5-Minute contracts were listed for the 6:05pm expiration time on trade date December 31, 2020.

FINRA Announces Interim Progress Of Voluntary 529 Plan Share Class Initiative - $2.7 Million In Restitution To Customers; Two Matters Resolved Through Settlements And 17 Matters Resolved Through Cautionary Actions, Resulting In Remediation To Customers And Correction Of Supervisory Deficiencies

Date 30/12/2020

FINRA today announced initial results of its voluntary self-reporting 529 Plan Share Class Initiative (529 initiative), which include more than $2.7 million in restitution and interest to customers owning approximately 3,900 accounts, arising from settlements with two firms and 17 matters resolved through cautionary action letters. All 19 firms in this initial group agreed to remediate harmed customers and to enhance their supervisory systems and procedures, where appropriate. In January 2019, FINRA launched the initiative through Regulatory Notice 19-04 to promote member firms’ compliance with the rules governing share-class recommendations of 529 savings plans and promptly compensate harmed customers.

SEC: Farewell Statement Of Stephanie Avakian, Director Of The Division Of Enforcement

Date 30/12/2020

On my departure as Director, I would like to publicly recognize the staff of the Enforcement Division - both current and former - for their tremendous contributions on behalf of investors. In that regard, below is a letter I sent to the staff last week.

Intercontinental Exchange Statement On The Passing Of Board Member Jean-Marc Forneri

Date 30/12/2020

Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, issued statements from company leaders today mourning the loss of longtime board member Jean-Marc Forneri, who passed away on December 28, 2020.

Nasdaq Advances Corporate Sustainability Leadership In 2020

Date 30/12/2020

• Launched ‘Purpose Initiative’ to Champion Inclusive Growth and Prosperity
• Published Inaugural Corporate Diversity Statistics in Annual Sustainability Report
• Reduced Carbon Emissions to Zero for Second Consecutive Year

Cboe IBHY Futures Set Single-Day Volume And Notional Value Records

Date 30/12/2020

• IBHY futures traded a record high of nearly 4,500 contracts, with a notional value of approximately $650 million, on Monday, December 28
• IBIG futures see second highest trading day of all-time this week

Jed Hickman Named SEC’s EDGAR Business Office Director

Date 30/12/2020

The Securities and Exchange Commission today announced that it has named Jed Hickman as the Director of the SEC’s EDGAR Business Office (EBO). Mr. Hickman, who has been serving as Acting Director of the office since April 2019, will assume his new role immediately.

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

Date 30/12/2020

As per the Securities market risk parameters methodology, on 30.12.2020, 19-03 (MSK) the upper bound of the price band (up to 16748) and initial margins (up to 26.88 %) for the security BIDU-RM were changed. New values are available here

SEC Charges Jewelry Wholesaler With Fraudulent Securities Offering Targeting Current And Retired Police Officers And Firefighters

Date 30/12/2020

The Securities and Exchange Commission today charged Gregory Altieri, of Melville, New York, for operating a fraudulent Ponzi-like scheme that defrauded current and retired police officers and firefighters, among others, and misappropriating investor funds.