News Centre

The Bermuda Stock Exchange To Join The Pyth Network - BSX To Provide Equity Market Data From The MIAX Pearl Equities Exchange

Date 29/06/2021

The Bermuda Stock Exchange (BSX) today announced that it is joining the Pyth Network, a decentralized financial market data distribution platform.  BSX has subscribed to and will receive real time market data from the MIAX Pearl Equities Exchange and plans to provide market data to the Pyth network in mid-July.  The Pyth Network, announced by Jump Trading Group in April 2021, is an Oracle network designed to provide high fidelity financial market data to the blockchain industry using a blockchain protocol on the Solana network.  

NZX Statement On New Zealand Financial Markets Authority General Obligations Review

Date 29/06/2021

NZX notes the release today from the Financial Markets Authority (FMA) of the 2020 NZX General Obligations Review.

New Zealand Financial Markets Authority Publishes NZX Obligations Annual Review

Date 29/06/2021

NZX made notable improvements to its regulatory arrangements and monitoring in 2020, according to the annual obligations review of New Zealand’s licensed stock exchange by the Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko.

US Department Of Justice: Second Former Deutsche Bank Commodities Trader Sentenced To Prison For Fraud Scheme

Date 29/06/2021

A former commodities trader was sentenced Monday to 12 months and a day in prison for a scheme to commit wire fraud affecting a financial institution.

SEC Charges Self-Proclaimed Real Estate “Dealmaker” With Multiple Offering Frauds And Misappropriation Of Investor Funds

Date 29/06/2021

The Securities and Exchange Commission today announced charges against Matthew J. Skinner of Santa Clarita, California, and five entities he owns and controls – Empire West Equity Inc., Bayside Equity LP, Longacre Estates LP, Freedom Equity Fund LLC, and Simple Growth LLC – for conducting four unregistered and fraudulent real estate investment offerings between 2015 and 2020, through which he raised more than $9 million from over 100 investors. 

Ontario Securities Commission Publishes 2021-2022 Statement Of Priorities

Date 29/06/2021

The Ontario Securities Commission (OSC) today published its 2021-2022 Statement of Priorities,  which outlines 20 priority areas on which the OSC will focus resources and actions over the coming fiscal year, as well as the expected outcomes.

SEC Appoints New Jersey Attorney General Gurbir S. Grewal As Director Of Enforcement

Date 29/06/2021

The Securities and Exchange Commission today announced that Gurbir S. Grewal has been appointed Director of the Division of Enforcement, effective July 26, 2021. Grewal currently serves as Attorney General for the State of New Jersey, a role he has held since January 2018, when he was confirmed by the New Jersey State Senate after being nominated by Governor Phil Murphy.

Opening And Intra-Day Quote Width Requirements And MIAX Order Monitor Settings For Certain Symbols Trading On MIAX Options And MIAX Emerald Beginning Thursday, July 1, 2021 Through Thursday, September 30, 2021

Date 29/06/2021

MIAX Options and MIAX Emerald have extended the Opening and Intra-day Quote Width requirements for certain symbols traded on the exchanges through Thursday, September 30, 2021. Please refer to the following for further details.

• MIAX Options Regulatory Circular 2021-34
• MIAX Emerald Regulatory Circular 2021-31

Statement Regarding Neovest, Inc., SEC Commissioner Hester M. Peirce, June 29, 2021

Date 29/06/2021

A majority of the Commission has found that Neovest, Inc. violated Section 15(a)(1) of the Exchange Act of 1934 by failing to register as a broker.

Readout: US Secretary Of The Treasury Janet L. Yellen’s Call With Finance Minister Of India Nirmala Sitharaman

Date 29/06/2021

Earlier today, Secretary of the Treasury Janet L. Yellen spoke with Finance Minister of India Nirmala Sitharaman. Secretary Yellen discussed that the United States and India have a shared interest in implementing a robust global minimum tax. The Secretary stressed the importance of partnership with India in the G20 and OECD to seize a once-in-a-generation opportunity to remake the international tax system to help the global economy thrive.