News Centre

SEC Staff Statement Regarding Nasdaq Rule Proposal, Brett Redfearn, Director, Division Of Trading And Markets, Dec. 23, 2020

Date 23/12/2020

The staff recognizes that fair, orderly, and efficient market function and competition is the hallmark of our securities markets.

CFTC Announces Review Of RSBIX NFL Futures Contracts Proposed By Eris Exchange, LLC

Date 23/12/2020

The Commodity Futures Trading Commission today announced it has initiated a review, pursuant to CFTC Regulation 40.11(c), of RSBIX NFL futures contracts self-certified by Eris Exchange, LLC (ErisX) on December 15, 2020. ErisX self-certified three RSBIX NFL futures contracts: one based on the moneyline; the second on the point spread; and the third on total points for individual NFL games. Beginning today, the CFTC has 90 days—or longer as agreed to or requested by ErisX—to review and make a determination with respect to the submissions.

Nadex Refrains From Listing Certain Contracts

Date 23/12/2020

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, or EUR/JPY 5-Minute contracts were listed for the 6:05pm expiration time on trade date December 21, 2020;

• No GBP/JPY or GBP/USD 5-Minute contracts were listed for the 6:05pm expiration time on trade date December 22, 2020;

• No GBP/JPY or GBP/USD 5-Minute contracts were listed for the 6:05pm expiration time on trade date December 24, 2020.

Statement On The Tenure Of SEC Chairman Jay Clayton, Commissioner Elad L. Roisman, Dec. 23, 2020

Date 23/12/2020

It is hard to sum up my gratitude and admiration for Chairman Clayton’s leadership of this agency. During his tenure at the SEC, he has focused on bringing together its talented and dedicated staff to make major strides in advancing the Commission’s tri-partite mission of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation. Chairman Clayton made clear from the outset that this mission would guide every part of our work, and then he led us in developing and executing an agenda to effectively carry it out.

CFTC Commitments Of Traders Reports Update

Date 23/12/2020

Due to the federal holiday on December 24 and December 25, the Commitments of Traders (CoT) market report will be released on Monday, December 28, 2020. Please visit CFTC.gov for the latest market report information.

Nasdaq Announces Semi-Annual Changes To The First North 25 Index

Date 23/12/2020

Nasdaq (Nasdaq: NDAQ) announced today the results of the semi-annual review of the First North 25 Index, (Nasdaq Stockholm: FN25), which will become effective at market open on Monday, January 4, 2021.

Acting Comptroller Of The Currency Praises President’s Working Group Statement On Cryptocurrency

Date 23/12/2020

Acting Comptroller of the Currency Brian P. Brooks today issued the following praise for the President’s Working Group statement on stablecoins.

Statement Of SEC Chairman Jay Clayton, Chairman Jay Clayton, Dec. 23, 2020

Date 23/12/2020

I recently submitted a letter to President Donald J. Trump informing him that today, December 23, 2020, will be my last day as Chairman of the Securities and Exchange Commission.  The text of the letter is included below.

ESMA Holiday Closure

Date 23/12/2020

The European Securities and Markets Authority (ESMA) will be closed from Wednesday 23 December and will reopen on Monday 4 January 2021.

SEC: Staff Statement On The President’s Working Group Report On Money Market Funds, Dalia Blass, Director, Division Of Investment Management, Dec. 23, 2020

Date 23/12/2020

I. Introduction

In March, the short-term funding markets came under sharp stress from the economic concerns related to the COVID-19 pandemic and an overall flight to liquidity and quality among investors. The President’s Working Group on Financial Markets (“PWG”) has studied the effects of the COVID-19 pandemic on the short-term funding markets and, in particular, on money market funds. The results of this study are included in a report issued on December 22, 2020 and attached to this statement as an Appendix (the “Report”).