News Centre

Testimony Of CFTC Commissioner Rostin Behnam Before The House Select Committee On The Climate Crisis - “Creating A Climate Resilient America: Strengthening The U.S. Financial System And Expanding Economic Opportunity"

Date 01/10/2020

Chair Castor, Ranking Member Graves, and members of the committee, it is an honor to appear before you today to discuss creating a climate resilient America through strengthening the U.S. financial system and expanding economic opportunity.  Before I begin, please recognize that the views I express today are my own and do not represent the views of the CFTC, its staff, or my fellow Commissioners.

Ontario Securities Commission And IIROC Appeal For Tips On Abusive Trading

Date 01/10/2020

The Ontario Securities Commission (OSC) and the Investment Industry Regulatory Organization of Canada (IIROC) encourage the public to submit tips on potential abusive trading in securities of Ontario reporting issuers, including illegal insider trading, market manipulation or abusive short selling.

New Canadian Securities Administrators Report Highlights Investor Education In Turbulent Times

Date 01/10/2020

Educating investors on weathering volatile markets and avoiding scams are recurring themes in the Canadian Securities Administrators (CSA) new report, Investor Education in Canada 2020, published today to kick off October’s Investor Education Month.

Nigerian Stock Exchange To Host Central Bank Of Nigeria Governor And Director-General, Nigeria Securities And Exchange Commission At Financial Services Webinar

Date 01/10/2020

The Nigerian Stock Exchange (“NSE” or “The Exchange”) is set to host a financial services webinar on Thursday, 8 October 2020.  

Modernizing And Strengthening CRA Regulations: Hearing From Community Banks, Federal Reserve Governor Lael Brainard, To The Independent Community Bankers Of America Fall Leadership Meeting (Via Webcast)

Date 01/10/2020

Thank you for inviting me here today to take part in your Fall Leadership Meeting.

We recognize that community banks play a vital role in the communities you serve. Your insights into local conditions and your long-standing customer relationships afford you a deep understanding of the needs and characteristics of the households and small businesses in your communities, and enable you to meet their credit needs effectively. The value of these relationships has never been more evident than during this crisis—a fact that my colleague, Governor Michelle Bowman, highlighted yesterday when she said "it is no surprise that community banks are standing shoulder to shoulder with their customers, on the front lines." Governor Bowman referred to an Independent Community Bankers of America (ICBA) report that cites preliminary data on the Paycheck Protection Program that community banks have been the main source of lending for minority-owned small businesses during the pandemic and noted the same is true for veteran-owned busines

MGEX Announces September Volume Numbers

Date 01/10/2020

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reports the total exchange volume for September was 164,754 contracts traded, which makes this past month the third best September in the history of the exchange. With the addition of September’s numbers, the calendar year total exchange volume is currently 12% higher compared to 2019.

Finansinspektionen Analysis 22: Fewer High-Cost Short-Term Credits After New Rules

Date 01/10/2020

After the provisions regarding high-cost short-term credits were changed in 2018 – in part by introducing an interest rate ceiling and cost ceiling – these types of loans decreased sharply. It is probable that the reform has led to a decrease in the supply of high-cost short-term credits. It is also evident that several companies have stopped offering such loans.

Deutsche Börse: Cash Market Trading Volumes In September

Date 01/10/2020

Deutsche Börse’s cash markets generated a turnover of €149 billion in September (previous year: €121.2 billion).

CFTC Charges BitMEX Owners With Illegally Operating A Cryptocurrency Derivatives Trading Platform And Anti-Money Laundering Violations

Date 01/10/2020

The Commodity Futures Trading Commission today announced the filing of a civil enforcement action in the U.S. District Court for the Southern District of New York charging five entities and three individuals that own and operate the BitMEX trading platform with operating an unregistered trading platform and violating multiple CFTC regulations, including failing to implement required anti-money laundering procedures. This case is brought in connection with the Division of Enforcement’s Digital Asset and Bank Secrecy Act Task Forces.

Tokyo Stock Exchange: Treatment Of Trades From Friday, 2 October - Normal Trading Resumes

Date 01/10/2020

Currently, the Tokyo Stock Exchange is proceeding without problems toward resumption of trading at arrowhead and TSE plans to conduct trading on auction market and ToSTNeT market as usual from tomorrow and after.