News Centre

BNP Paribas Securities Services Joins Forces With Digital Asset To Develop DLT Trade And Settlement Apps

Date 15/09/2020

BNP Paribas Securities Services today announces a new partnership with Digital Asset to design a number of real-time trade and settlement apps using DAML  smart contracts.

SEC Releases Report And Recommendations On The 39th Annual Small Business Forum

Date 14/09/2020

The Securities and Exchange Commission today delivered a report to Congress on the 39th Annual Small Business Forum. The Forum is a unique event where members of the public and private sectors gather to craft suggestions for policy impacting emerging businesses and their investors, from startups to smaller public companies.  The Office of the Advocate for Small Business Capital Formation hosted the 2020 Forum on June 18, 2020 in a completely virtual format, which resulted in an inclusive event that engaged entrepreneurs, investors, market participants and other thought leaders from across the country.   The 2020 Forum report is now available for download online.

NZX: Dividend Reinvestment Plan Strike Price

Date 14/09/2020

NZX advises that the strike price for the dividend reinvestment plan (DRP) operating in respect of the dividend payable on Friday 18 September 2020 has been set at $1.6257 per share.

Statement Of CFTC Commissioner Dawn D. Stump In Support Of Proposed Margin Rulemakings Based On Recommendations Of Global Markets Advisory Committee

Date 14/09/2020

Overview

I am pleased to support the two proposed rulemakings that the Commission is issuing with respect to margin requirements for uncleared swaps.

These proposed rulemakings address several recommendations that the Commission has received from its Global Markets Advisory Committee (“GMAC”), which I am proud to sponsor, and are based on a comprehensive report prepared by GMAC’s Subcommittee on Margin Requirements for Non-Cleared Swaps (“GMAC Margin Subcommittee”).  They demonstrate the value added to the Commission’s policymaking by its Advisory Committees, in which market participants and other interested parties come together to provide us with their perspectives and potential solutions to practical problems.

U.S. Department Of Justice: Remarks By Deputy Attorney General Jeffrey A. Rosen On The Settlement Of Clean Air Act Claims Against Daimler AG And Mercedes-Benz USA LLC

Date 14/09/2020

Good afternoon.  I am very pleased to be joined today by colleagues from the Department of Justice and the Environmental Protection Agency, including EPA Administrator Andrew Wheeler, Assistant Attorney General Jeff Clark, and EPA Assistant Administrator Susan Parker Bodine.  And the reason we are all here is to announce an important matter that involves the protection of our environment. 

Statement Of CFTC Commissioner Dan M. Berkovitz Regarding Notices Of Proposed Rulemaking For Certain Matters Related To Margin For Uncleared Swaps

Date 14/09/2020

I support issuing for public comments two notices of proposed rulemaking to improve the operation of the CFTC’s Margin Rule.[1]  The Margin Rule requires certain swap dealers (“SDs”) and major swap participants (“MSPs”) to post and collect initial and variation margin for uncleared swaps.[2]  The Margin Rule is critical to mitigating risks in the financial system that might otherwise arise from uncleared swaps.  I support a strong Margin Rule, and I look forward to public comments on the proposals, including whether certain elements of the proposals could increase risk to the financial system and how the final rule should address such risks.

Ontario Securities Commission Publishes Summary Report For Dealers, Advisers And Investment Fund Managers

Date 14/09/2020

The Ontario Securities Commission (OSC) today published its summary report for dealers, advisers and investment fund managers, which provides information to help registrants comply with requirements under Ontario securities law.

MIAX Options Exchange - SPIKES Special Settlement Auction Settlement Reference Price Opening Width And Valid And Priority Quote Width Tables Used In The September 16, 2020 SPIKES Special Settlement Auction

Date 14/09/2020

Due to sustained market volatility, MIAX Options will continue to use the Settlement Reference Price Opening Width and Valid and Priority Quote Width tables detailed in MIAX Options Regulatory Circular 2020-11 for opening the SPY October 16, 2020 options used in the September 16, 2020 SPIKES Special Settlement Auction.

CFTC Charges 3 Texas Men And 1 Florida Man In Fraudulent Digital Asset Scheme

Date 14/09/2020

The Commodity Futures Trading Commission today filed a complaint in the U.S. District Court for the Southern District of Texas against four individuals for fraudulently soliciting funds from customers to speculate in Bitcoin price movements. The defendants are Texas residents Mayco Alexis Maldonado Garcia, Cesar Castaneda, and Rodrigo Jose Castro Molina, and Florida resident Joel Castaneda Garcia.

SEC Awards More Than $10 Million To Whistleblower

Date 14/09/2020

The Securities and Exchange Commission today announced an award of more than $10 million to a whistleblower whose information and assistance were of crucial importance to a successful SEC enforcement action.