Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • SEC Harmonizes And Improves “Patchwork” Exempt Offering Framework - Rule Amendments Harmonize Registration Exemptions, Eliminating Complexity And Facilitating Access To Capital And Investment While Preserving Or Enhancing Important Investor Protections

    Date 02/11/2020

    The Securities and Exchange Commission today voted to amend its rules in order to harmonize, simplify, and improve the multilayer and overly complex exempt offering framework. These amendments will promote capital formation and expand investment opportunities while preserving or improving important investor protections.

  • CFTC And South African Reserve Bank Announce Cooperative Effort To Promote Fintech Innovation

    Date 02/11/2020

    The Commodity Futures Trading Commission and the South African Reserve Bank (SARB) today announced they have signed a Statement of Intent to cooperate and support innovation through each authority’s respective financial technology (fintech) initiative—CFTC’s LabCFTC and SARB’s Fintech Unit.

  • Statement On Harmonization Of Securities Offering Exemptions, SEC Commissioner Caroline A. Crenshaw, Nov. 2, 2020

    Date 02/11/2020

    Today’s rule significantly expands private market access to investors without first putting in place appropriate investor protections.[1] As a result, issuers will be able to conduct larger and more frequent private offerings with fewer restrictions. These offerings will be made to a pool of investors with varying levels of risk tolerance, information access, investment experience and bargaining power. There are tradeoffs in that decision. Unfortunately, today’s release fails to engage in any substantive way with the crucial threshold question of whether those tradeoffs are – or even can be – balanced in a way that adequately protects retail investors. Not only that, the rule fails to address the fact that in the private markets, the rich and well-connected typically have better access to the most promising companies, while retail investors get the leftovers – too often, unfortunately, the losers.[2] Instead of providing retail investors access to that elusive high return rate, the majority’s steady march of expanding the private markets will only further entrench the country’s increasing and concerning economic divide.[3]

  • MGEX Reports Best October In History

    Date 02/11/2020

    MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), finished October 2020 as the 11th best month for total monthly volume in history of the Exchange with a total of 268,611 contracts. This past month became the new record for the best October in history, decimating the previous record, October 2007, by 68,163 contracts.

  • Statement On Amendments To The Exempt Offering Framework, SEC Commissioner Allison Herren Lee, Nov. 2, 2020

    Date 02/11/2020

    For decades, private offerings were the exception to the rule in our securities regime. The registration and reporting provisions in the federal securities laws are designed to level the playing field by requiring issuers to provide all investors with reliable, timely, and material information about investments. The public markets are designed to, and to a remarkable degree succeed at, offering a fair shake to the so-called mom-and-pop investor vis-à-vis a wealthy hedge fund. What’s more, the discipline imposed by public markets drives more efficient capital allocation, which in turn drives our economy.