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Federally Chartered Banks And Thrifts May Engage In Certain Stablecoin Activities
Date 21/09/2020
The Office of the Comptroller of the Currency (OCC) today published a letter clarifying national banks' and federal savings associations' authority to hold "reserves" on behalf of customers who issue certain stablecoins.
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SEC Charges Index Manager And Friend With Insider Trading
Date 21/09/2020
The Securities and Exchange Commission today charged Yinghang “James” Yang, a senior index manager at a globally recognized index provider, and his friend Yuanbiao Chen, a manager at a sushi restaurant, with perpetrating an insider-trading scheme that generated more than $900,000 in illegal profits.
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OCC Announces Settlements With Three Former Senior Wells Fargo Bank Executives
Date 21/09/2020
The Office of the Comptroller of the Currency (OCC) today announced settlements with three former senior executives of Wells Fargo Bank, N.A., Sioux Falls, South Dakota, for their roles in the bank’s systemic sales practices misconduct.
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IIROC Annual Report Charts Progress Made To Protect Investors And Support Industry Transformation
Date 21/09/2020
The Investment Industry Regulatory Organization of Canada (IIROC) today released its Annual Report for 2019-2020, highlighting how the public interest regulator is delivering value for Canadians and the financial system, protecting investors and supporting industry transformation.
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FINRA Executive Vice President Michael Rufino Announces Departure
Date 21/09/2020
FINRA announced today that Michael Rufino will leave the organization at the end of this year after more than 32 years of dedicated service protecting investors and ensuring market integrity. Rufino most recently served as Head of Member Regulation (Sales Practice), where he guided and oversaw FINRA’s Sales Practice Examination, Risk Monitoring and Membership Application Programs in 14 District offices.
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Nadex Refrains From Listing 5-Minute Contracts
Date 21/09/2020
Due to technical issues and pursuant to the authority granted in Nadex Rule 12.1(i), Nadex did not list its Intraday 5-Minute Binary contracts at the opening of trade date September 21, 2020. The issue was corrected and the 5-Minute contracts were listed beginning with the 7:20pm ET expiration time on trade date September 21, 2020.
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Cboe Global Markets Announces Date Of Third-Quarter 2020 Earnings Release And Conference Call
Date 21/09/2020
Cboe Global Markets, Inc. (Cboe: CBOE), a market operator and global trading solutions provider, today said it will announce its financial results for the third quarter of 2020 before the market opens on Friday, October 30, 2020. A conference call with remarks by the company's senior management will begin at 7:30 a.m. Central Time (CT), 8:30 a.m. Eastern Time (ET).
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SEC Charges Ponzi Scheme Targeting U.S. Military Service Members
Date 21/09/2020
The Securities and Exchange Commission today announced settled charges against a Colorado man for defrauding investors, including cadets at the U.S. Air Force Academy.
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Moscow Exchange: Risk Parameters Change On Securities Market
Date 21/09/2020
CCP NCC changes PcH_max and x_pr parameters value for RU000A0JV3T7 on Securities market starting from September 22, 2020:
Ticker PcH_max value x_pr value Starting from 22.09.2020 Starting from 23.09.2020 г. Starting from 22.09.2020 Starting from 23.09.2020 г. RU000A0JV3T7 60% 40% 1 2.5 -
Finansinspektionen: New Reporting System For Short Selling To Be Launched This Week
Date 21/09/2020
This week, FI will launch a new reporting system for the reporting of net short positions: the Short Selling Online Reporting tool.
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