News Centre

Nadex Refrains From Listing Certain Contracts

Date 28/05/2021

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 EUR/JPY, GBP/JPY, GBP/USD, or USD/CAD 5-Minute contracts were listed on trade date May 24, 2021 for the 6:05pm ET expiration time; additionally, no EUR/JPY or GBP/JPY 5-Minute contacts were listed for the 6:10pm ET expiration time.

US Department Of Justice: Bank Julius Baer Agrees To Pay More Than $79 Million For Laundering Money In FIFA Scandal

Date 27/05/2021

Bank Julius Baer & Co. Ltd. (BJB or the Bank), a Swiss bank with international operations, has admitted today in federal court in Brooklyn that it conspired to launder over $36 million in bribes through the United States to soccer officials with the Fédération Internationale de Football Association (FIFA) and other soccer federations, in furtherance of a scheme in which sports marketing companies bribed soccer officials in exchange for broadcasting rights to soccer matches. The proceeding was held before U.S. District Judge Pamela K. Chen.

British Columbia Securities Commission Alleges That Vancouver Man And Company Defrauded Investor Of $1.75 Million

Date 27/05/2021

The British Columbia Securities Commission (BCSC) is alleging that a Vancouver man and a company run by his father defrauded a B.C. investor and illegally distributed securities.

BOX Options Market Fee Change – June 2021

Date 27/05/2021

Effective June 1, 2021, BOX Options Market LLC (“BOX”) is amending certain fees in Section II of the BOX Fee Schedule.1 Specifically, the Exchange is increasing Market Maker manual transaction fees for Penny and Non-Penny Interval Classes to $0.35 from $0.25.

IMF Executive Board Approves FY 2022–FY 2024 Medium-Term Budget

Date 27/05/2021

On April 27, 2021, the Executive Board of the International Monetary Fund (IMF) approved the IMF’s administrative and capital budgets for financial year (FY) 2022, beginning May 1, 2021, and took note of indicative budgets for FY 2023–24.

SEC Charges Mutual Fund Executives With Misleading Investors Regarding Investment Risks In Funds That Suffered $1 Billion Trading Loss

Date 27/05/2021

The Securities and Exchange Commission today filed a civil action alleging that investment advisers LJM Funds Management Ltd. and LJM Partners Ltd. and their portfolio managers, Anthony Caine and Anish Parvataneni, fraudulently misled investors and the board of directors of a fund they advised about LJM's risk management practices and the level of risk in LJM's portfolios. The SEC separately settled related charges with LJM's Chief Risk Officer, Arjuna Ariathurai.

CFTC Charges Chicago Commodity Pool Operators, Owner, And Former Chief Portfolio Manager With Fraud And Supervision Failures - Former Chief Risk Officer Settles Fraud Charge

Date 27/05/2021

The Commodity Futures Trading Commission today announced filing charges in federal court against Chicago commodity pool operators (CPOs) LJM Partners Ltd and LJM Funds Management Ltd, (collectively LJM), their Chairman, owner and registered associated person (AP) Anthony J. Caine of Colorado and Chief Portfolio Manager Anish Parvataneni of Illinois with commodity pool fraud and fraud in connection with options on futures contracts for false or misleading statements about worst-case losses, risk management, and LJM’s risk profile.

Remarks At The 40th Annual SEC Small Business Forum, Commissioner Caroline A. Crenshaw, May 27, 2021

Date 27/05/2021

Good afternoon! Thank you Martha [Miller] for the warm introduction. It is wonderful to be here. I have truly enjoyed hearing from all of the panelists over the last several days. And I am particularly interested in today’s discussion focused on smaller public companies.

Intercontinental Exchange Chairman & CEO Jeffrey C. Sprecher To Present At The Piper Sandler Global Exchange And Fintech Conference On June 10

Date 27/05/2021

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, announced today that Jeffrey C. Sprecher, Chairman and CEO, will present at the Piper Sandler Global Exchange and FinTech Conference. The presentation will take place on Thursday, June 10 at 10:00 a.m. ET. The presentation will be available live and in replay via webcast and can be accessed in the investor relations and media section of ICE’s website at http://ir.theice.com/.

CFTC Charges Chicago Commodity Pool Operators, Owner, And Former Chief Portfolio Manager With Fraud And Supervision Failures

Date 27/05/2021

The Commodity Futures Trading Commission today announced filing charges in federal court against Chicago commodity pool operators (CPOs) LJM Partners Ltd and LJM Funds Management Ltd, (collectively LJM), their Chairman, owner and registered associated person (AP) Anthony J. Caine of Colorado and Chief Portfolio Manager Anish Parvataneni of Illinois with commodity pool fraud and fraud in connection with options on futures contracts for false or misleading statements about worst-case losses, risk management, and LJM’s risk profile.