News Centre

Deal Activity In Asia-Pacific Up By 23.2% In July, Finds GlobalData

Date 14/08/2020

A total of 2,037 deals were announced in the Asia-Pacific (APAC) region during July 2020, which is an increase of 23.2% over the 1,653 deals announced during the previous month, according to GlobalData, a leading data and analytics company.

SIX Exchange Regulation Initiates Investigation Against u-blox Holding AG

Date 14/08/2020

On 13 August 2020, SIX Exchange Regulation AG (SER) initiated an investigation against u-blox Holding AG due to a potential violation of the rules on regular reporting obligations.

Shenzhen Stock Exchange Market Bulletin, August 10, 2020 - Issue 24

Date 14/08/2020

On 31 July, the China Securities Regulatory Commission (CSRC) announced administrative penalty to domestic business entities, related parties, and interested third parties of Luckin Coffee after its investigation together with the Ministry of Finance and the State Administration for Market Regulation, over Luckin’s suspected violations of laws and regulations. At the same time, in line with the arrangements of the International Organization of Securities Regulatory Commission (IOSCO) cross-border supervision cooperation mechanism, the CSRC cooperated with the US securities regulatory authorities to carry out cross-border investigations.

B3 Announces Results For The Second Quarter Of 2020

Date 13/08/2020

The current scenario continues to require caution, but with optimism about the prospects for resumption of investments and the potential structural effects brought about by the increase in the number of investors in Brazil’s capital markets

SEC Charges Hertz’s Former CEO With Aiding And Abetting Company’s Financial Reporting And Disclosure Violations

Date 13/08/2020

The Securities and Exchange Commission today charged former Hertz CEO and Chairman Mark Frissora with aiding and abetting the company in its filing of inaccurate financial statements and disclosures.  Frissora has agreed to settle the charges and repay Hertz nearly $2 million in incentive-based compensation.

Former U.S. Federal Reserve Chair Yellen At Biden Economic Briefing

Date 13/08/2020

Former Federal Reserve Chair Janet Yellen was among a group of economists who appeared at a briefing on the economy for U.S. presumptive Democratic presidential candidate Joe Biden, his campaign disclosed on Thursday.

SEC: Advisory Firm Settles Charges Of Defrauding Investors, Agrees To Refund Allegedly Ill-Gotten Gains To Harmed Clients

Date 13/08/2020

The Securities and Exchange Commission today announced that SCF Investment Advisors, Inc. (SCF) has agreed to settle charges that it selected mutual funds and cash sweep money market funds for clients that provided undisclosed revenue to the firm’s affiliated broker-dealer and were more expensive than other available options for the same funds.  The settlement includes a distribution of money to harmed clients of the Fresno, California-based investment advisory firm.

Robert Benedict Bowes Nominated By President Trump As U.S. CFTC Commissioner

Date 13/08/2020

Robert Benedict Bowes, of Virginia, to be a Commissioner of the Commodity Futures Trading Commission for a term expiring April 13, 2025, vice Brian D. Quintenz, term expired.

SEC Charges Issuer And CEO With Misrepresenting Platform Technology In Fraudulent ICO

Date 13/08/2020

The Securities and Exchange Commission today announced charges against Virginia-based Boon.Tech and its chief executive officer Rajesh Pavithran for fraud and registration violations in connection with a $5 million initial coin offering (ICO) of digital asset securities. 

Intercontinental Exchange Announces The Election Of Caroline Silver To The ICE Board Of Directors

Date 13/08/2020

Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listing services, announced that its Board of Directors has elected Caroline Silver as a new Director effective August 13, 2020. She fills a newly created seat on the Board.