News Centre

Supporting Statement Of CFTC Commissioner Summer K. Mersinger Regarding The Final Amendments To Regulation 4.7

Date 12/09/2024

Today, the Commission achieved balance in adopting the amendments to Regulation 4.7 and for that reason I can support this final rule.  I would like to thank the staff in the Market Participants Division for their hard work on this rulemaking effort and for their consideration of my suggestions and comments throughout this process.

CFTC Approves Final Rule Regarding Exemptions From Certain Compliance Requirements For Commodity Pool Operators, Commodity Trading Advisors, And Commodity Pools

Date 12/09/2024

The Commodity Futures Trading Commission today published a final rule that amends CFTC Regulation 4.7, a provision that provides exemptions from certain compliance requirements for commodity pool operators (CPOs) regarding commodity pool offerings to qualified eligible persons (QEPs) and for commodity trading advisors (CTAs) regarding trading programs advising QEPs.

Canadian Securities Regulators Publish Derivatives Business Conduct Rule FAQs

Date 12/09/2024

The Canadian Securities Administrators (CSA) today published CSA Staff Notice 93-302 Frequently Asked Questions about National Instrument 93-101 Derivatives: Business Conduct (the FAQs) to address frequently asked questions from derivatives market participants related to National Instrument 93-101 Derivatives: Business Conduct (NI 93-101), which comes into force on September 28, 2024.

CFTC Charges Unregistered Florida Commodity Pool Operator And Its Chief Executive Officer With Futures Fraud

Date 12/09/2024

The Commodity Futures Trading Commission today announced it filed a civil enforcement action in the U.S. District Court for the Middle District of Florida against Aureus Revenue Group LLC (Aureus), a Florida entity, and its owner and chief executive officer, Emir Jesus Matos Camargo (Matos) of Orlando, Florida. The complaint alleges they operated a fraudulent scheme in which they solicited at least $1.5 million from pool participants to invest in a commodity pool. They also misappropriated pool participant funds by paying Matos personal expenses and paying some pool participants using funds from other pool participants, in the manner of a Ponzi scheme.

US Office Of The Comptroller Of The Currency Issues Enforcement Action Against Wells Fargo Bank

Date 12/09/2024

The Office of the Comptroller of the Currency (OCC) today entered into a Formal Agreement with Wells Fargo Bank, N.A.

SEC Investor Advisory Committee To Discuss Investment Advice And Key Topics From Securities Litigation At Sept. 19 Meeting

Date 12/09/2024

The Securities and Exchange Commission’s Investor Advisory Committee will hold a public meeting on Sept. 19, 2024, at 10 a.m. ET at the SEC Headquarters in Washington, D.C. The meeting will also be webcast on the SEC website.

FINRA Announces Results Of Board Of Governors Elections - Firms Elect John Vaccaro As Large Firm Governor And Jennifer Szaro As Small Firm Governor - James Crowley Re-Elected As Mid-Size Firm Governor

Date 12/09/2024

FINRA announced today the results of its election of three Governors to its Board of Governors during the annual meeting of FINRA member firms on Wednesday.

SIFMA, ICI, And DTCC Release “T+1 After Action Report” Industry Coordination Led To Successful Transition, Reducing Risk And Costs In The System

Date 12/09/2024

The Securities Industry and Financial Markets Association (SIFMA), Investment Company Institute (ICI), and The Depository Trust & Clearing Corporation (DTCC) today released the “T+1 After Action Report,” which reviews the general project timeline for the shortened settlement cycle, including its key milestones and achievements. It also discusses several of the obstacles overcome in the three-plus year transition, the groundswell of global participation with the U.S. move, and some of the initial data points and positive impacts of the shift.

Euronext Announces September 2024 Quarterly Review Results Of The ISEQ® Family

Date 12/09/2024

Euronext today announced the results of the quarterly review for the ISEQ 20®, ISEQ 20® Capped and ISEQ® Small, which will take place after markets close on Friday 20 September 2024 and be effective from Monday 23 September 2024.

CFTC Chairman Behnam To Speak At Georgetown University’s Psaros Center For Financial Markets And Policy Financial Markets Quality 2024

Date 12/09/2024