News Centre

Update On APRA-ASIC Engagement

Date 22/12/2020

The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have today released a joint statement on their annual engagement activities.

Statement On The Fixed Income Market Structure Advisory Committee, SEC Chairman Jay Clayton, Dec. 21, 2020

Date 21/12/2020

Today, the Division of Trading and Markets released its staff report on the Fixed Income Market Structure Advisory Committee’s work over the past year.  I would like to sincerely thank the Committee members and the SEC staff for their hard work and very meaningful contributions to the Commission.

New Zealand Financial Markets Authority: Victims Of PTT, Steven Robertson And Rodney McCall To Receive Payout - McCall Sentenced To Home Detention

Date 21/12/2020

The Financial Markets Authority (FMA) has welcomed two court decisions that will see victims of convicted fraudsters Steven Robertson and Rodney McCall receive a portion of their money back. Mr McCall has also been sentenced to 12 months’ home detention for his crimes.

NYSE Member Firms Report Third Quarter Results

Date 21/12/2020

New York Stock Exchange member firms that conduct business with the public reported a third-quarter 2020 after-tax profit of approximately $8 billion and revenues of approximately $48 billion, compared with approximately $5 billion after-tax profit on revenues of about $62 billion in the third-quarter of 2019.

CFTC Grants OneChicago LLC Request To Vacate DCM Designation

Date 21/12/2020

The Commodity Futures Trading Commission today issued an order vacating the designation of OneChicago LLC as a designated contract market (DCM). The order was issued at the request of OneChicago. The CFTC granted OneChicago its designation as a contract market on June 11, 2002.

IMF Executive Board Approves A US$ 177.96 Million In Emergency Assistance For Benin To Address The COVID-19 Pandemic

Date 21/12/2020

• The Executive Board of the IMF approved US$ 177.96 million in emergency assistance to Benin under the Rapid Financing Instrument (RFI) and the Rapid Credit Facility (RCF). Today’s disbursement supplements the augmentation of US$103.3 million approved under the ECF in May 2020.
• Weaker external demand and the deepening of the economic impact of the COVID-19 pandemic have worsened external and fiscal positions.
• Additional resources under the RCF/RFI will help scale up the government’s COVID-19 response and catalyze additional donor resources.
• The authorities have committed to further enhance the transparency of the COVID-19 spending, to ensure that the financing provided is spent on addressing the crisis.

SEC Names John Moses As Deputy Director Of Office Of Investor Education And Advocacy - Will Lead Efforts To Promote Agency’s Increased Focus On Financial Inclusion And Outreach To Underserved Communities

Date 21/12/2020

The Securities and Exchange Commission today named John Moses as Deputy Director of the SEC’s Office of Investor Education and Advocacy (OIEA).   

Market Participants Division Director Joshua B. Sterling To Depart CFTC In January

Date 21/12/2020

The Commodity Futures Trading Commission today announced that Market Participants Division (MPD) Director Joshua B. Sterling will depart the agency by the end of January 2021. Mr. Sterling has led MPD since joining the agency from private practice in August 2019.

NZX Appoints Chief Information Officer

Date 21/12/2020

NZX today announced the appointment of Robert Douglas to the company’s Senior Leadership Team as Chief Information Officer.

SEC Charges Company And CEO For $119 Million Securities Fraud Targeting Members Of The South Asian American Community

Date 21/12/2020

The Securities and Exchange Commission today announced that it filed an emergency action against California-based real estate development company SiliconSage Builders LLC, aka Silicon Sage Builders, and its sole owner, Sanjeev Acharya, in connection with an alleged $119 million fraudulent offering.