News Centre

FINRA Foundation Announces 2021 Research Award Recipients - Studies Advance Understanding Of Financial Capability In The United States

Date 20/05/2021

The FINRA Investor Education Foundation (FINRA Foundation), in partnership with the American Council on Consumer Interests (ACCI), announced today the recipients of its higher-education awards to recognize early-career researchers who are advancing the understanding of consumer financial wellness and the complex relationships among financial literacy, financial capability and financial well-being.

SIFMA Comments On Digital Asset Securities Custody Framework

Date 20/05/2021

In a comment letter filed today, SIFMA provides comments on the Securities and Exchange Commission’s (SEC) framework to allow broker dealers to custody digital asset securities in a way which meets the requirements of Rule 15c3-3 under the Securities Exchange Act of 1934.  While SIFMA welcomes the SEC’s work to offer a path for broker dealers to resolve the open questions around custody of these securities, SIFMA recommends that the SEC  to take a principle-based approach to regulating activities related to digital asset securities and offers its comments on the following areas:  the definition of digital asset security, the problems with confining digital asset security activity to a special purpose broker-dealers and why it is not necessary from a risk perspective, proposed control frameworks and current industry best practices, clearance and settlement considerations, and investor protections.

Moscow Exchange: Risk Parameters Change For The Security LRCX-RM

Date 20/05/2021

As per the Securities market risk parameters methodology, on 20.05.2021, 21-30 (MSK) the upper bound of the price band (up to 48551) and initial margins (up to 20 %) for the security LRCX-RM were changed. New values are available here

Ontario Securities Commission: Innovation Office Fully Operational Allowing For Experimentation Of New Business Models

Date 20/05/2021

The Ontario Securities Commission (OSC) announced today that its Office of Economic Growth and Innovation (Innovation Office) is up and running, ready to support and encourage innovative business models.

Canadian Securities Regulators Seek Comment On Proposal To Streamline Continuous Disclosure Requirements

Date 20/05/2021

The Canadian Securities Administrators (CSA) is proposing changes to the continuous disclosure requirements for non-investment fund reporting issuers that will streamline and clarify their annual and interim filings.

Federal Reserve Chair Jerome H. Powell Outlines The Federal Reserve's Response To Technological Advances Driving Rapid Change In The Global Payments Landscape

Date 20/05/2021

Technological advances are driving rapid change in the global payments landscape. The Federal Reserve is studying these developments and exploring ways that it might refine its role as a core payment services provider and as the issuing authority for U.S. currency.

Moscow Exchange: Risk Parameters Change For The Securities

Date 20/05/2021

The following risk parameters will be changed:

IR risk (downward scenario) - SECΔ_1 (Y0/Y1):

Socure Brings On Top Identity Fraud And Cybersecurity Executive Gary Sevounts As Chief Marketing Officer - As Socure’s First-Ever CMO, Sevounts Boasts Deep Industry Experience And A Proven Track Record In Building Leading Brands And Hypergrowth Revenue Engines

Date 20/05/2021

Today, Socure, the leading provider of digital identity trust and verification solutions, announced the appointment of Gary Sevounts as its chief marketing officer (CMO). Sevounts, an award-winning marketer with more than 20 years of industry experience, brings an extensive marketing background in the areas of identity fraud, risk, and compliance to Socure’s leadership team.

Moscow Exchange: Risk Parameters On Securities Market

Date 20/05/2021

CCP NCC sets the following risk parameters on Securities market starting from May 21, 2021:

CardinalStone Commemorates Debut Listing Of N5Bn Bond On NGX

Date 20/05/2021

CardinalStone Partners Limited took to the platform of Nigerian Exchange (NGX) Limited to commemorate the listing of its N5Billion bond with a digital Closing Gong Ceremony on Thursday, 20 May 2021. The debut listing was the CardinalStone Financing SPV Plc’s ₦5bn, 5-Year Series 1 bonds under the company’s ₦10 Billion debt issuance programme.