News Centre

Shenzhen Stock Exchange Market Overview 2019

Date 31/12/2019

Click here to download Shenzhen Stock Exchange's market overview for 2019.

EBRD Sells Stake In Borsa Istanbul

Date 31/12/2019

The EBRD has sold its 10 per-cent stake in Borsa Istanbul. The Bank had been a shareholder in Turkey's sole exchange since December 2015.

Formation Of A Joint Working Group Consisting Of UAE Securities And Commodities Authority, Markets And Industry Representatives To Develop A Road-Map For Supporting Market Makers

Date 31/12/2019

The Financial Market Advisory Committee recommends the establishment of a unified central clearing entity in the State.

Dubai Financial Market Closed Wednesday, 1 January 2020 - Market Reopens Thursday, 2 January 2020

Date 31/12/2019

On the occasion of New Year 2020, the market will be closed on Wednesday, 1 January 2020 and will resume on Thursday, 2 January 2020.

Montréal Exchange Interest Rate Derivative Trading Ceases At 13:30, December 31, 2019.

Date 31/12/2019

Interest rate derivative trading will cease at 1:30 p.m. today, December 31, 2019.

CFTC Commitments Of Traders Reports Update

Date 30/12/2019

The current reports for the week of December 24th, 2019 are now available.

FINRA Orders Oppenheimer & Co. Inc. To Pay $3.8 Million In Restitution To Customers For Supervisory Failures Involving Unit Investment Trusts

Date 30/12/2019

FINRA announced today that it has ordered Oppenheimer & Co. Inc. to pay more than $3.8 million in restitution to customers who incurred potentially excessive sales charges caused by early rollovers of Unit Investment Trusts (UITs). FINRA also fined the firm $800,000 for failing to reasonably supervise early UIT rollovers.

Statement On Role Of Audit Committees In Financial Reporting And Key Reminders Regarding Oversight Responsibilities: SEC Chairman Jay Clayton, William Hinman, Director, SEC Division Of Corporation Finance, Sagar Teotia, SEC Chief Accountant, Dec. 30, 2019

Date 30/12/2019

Introduction

The strength of our public company financial reporting system relies on many stakeholders playing different but interconnected roles in a process designed to provide investors and our markets with high-quality, reliable financial information. Audit committees play a vital role in the financial reporting system through their oversight of financial reporting, including the internal control over financial reporting (ICFR) and the external, independent audit process.

ETFGI Reports Assets Invested In Smart Beta Equity ETFs And ETPs Reached A Record $835 Billion At The End Of November 2019

Date 30/12/2019

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that equity-based Smart Beta ETFs and ETPs listed globally gathered net inflows of US$9.72 billion during November. Year-to-date through to the end of November 2019, Smart Beta Equity ETF/ETP assets have increased by 35.1% from US$618 billion to US$835 billion, with a 5-year CAGR of 19.9%, according to ETFGI’s November 2019 ETFs and ETPs Smart Beta industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.) 

SEC Proposes To Codify Certain Consultations And Modernize Auditor Independence Rules

Date 30/12/2019

The Securities and Exchange Commission today announced that it is proposing amendments to codify certain staff consultations and modernize certain aspects of its auditor independence framework.  The proposed amendments would update select aspects of the nearly two-decade-old auditor independence rule set to more effectively structure the independence rules and analysis so that relationships and services that would not pose threats to an auditor’s objectivity and impartiality do not trigger non-substantive rule breaches or potentially time consuming audit committee review of non-substantive matters.