News Centre

FTSE Mondo Visione Exchanges Index Up By 8% In April Amidst Covid-19 Volatility

Date 04/05/2020

Governments and central banks have taken several emergency measures to offset the sudden cratering of national economies. Interest rates were cut, large-scale asset purchases implemented, and facilities were set up to pump liquidity into many corners of financial markets. These measures had a calming effect on markets that had been hit by extreme volatility since the outbreak of the Covid-19 pandemic.

American Financial Exchange® AMERIBOR® Benchmark Sets Monthly Volume Record In April Surpassing March 2020 Levels By 4.32 Percent

Date 04/05/2020

The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions, announced a monthly volume record of $58.240 billion traded during April across all AFX products. This surpasses a record of $55.829 billion set in March 2020, marking a 4.32 percent increase.

Remarks At Meeting Of The SEC Investor Advisory Committee, SEC Commissioner Hester M. Peirce, May 4, 2020

Date 04/05/2020

Thank you Anne [Sheehan] and the rest of the committee for holding this meeting today.  Now that we are roughly halfway through earnings season, I am eager to hear this committee’s reactions to public company disclosures concerning the impact of COVID-19. 

NZX Shareholder Metrics - April 2020

Date 04/05/2020

Please see attached NZX Limited shareholder metrics for April 2020.

The Importance Of Disclosure For Our Municipal Markets, SEC Chairman Jay Clayton, Rebecca Olsen, Director, Office Of Municipal Securities, May 4, 2020

Date 04/05/2020

The Effects of COVID-19 Have Raised Uncertainties Regarding the Financial Status of State and Local Governments and Special Purpose Entities; Municipal Securities Issuers are Encouraged to Provide Updated Financial and Other Disclosures; Financial Professionals are Encouraged to Discuss These Matters With Main Street Investors

Nasdaq April 2020 Volumes

Date 04/05/2020

Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for April 2020, on its investor relations website. 

Remarks To The Special Meeting Of The Investor Advisory Committee, SEC Chairman Jay Clayton, May 4, 2020

Date 04/05/2020

Thank you, Anne (Sheehan).  I really appreciate your prompt response to our request to reconvene a special meeting of the Investor Advisory Committee to focus on issuer-investor engagement in the context of the challenges posed by COVID-19, including, in particular, disclosure considerations. 

Federal Reserve: The April 2020 Senior Loan Officer Opinion Survey On Bank Lending Practices

Date 04/05/2020

The April 2020 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months, which generally corresponds to the first quarter of 2020.

SEC Provides Temporary, Conditional Relief To Allow Small Businesses To Pursue Expedited Crowdfunding Offerings

Date 04/05/2020

The Securities and Exchange Commission today announced that it is providing temporary, conditional relief for established smaller companies affected by COVID-19 that may look to meet their urgent funding needs through a Regulation Crowdfunding offering. Today's actions, which follow suggestions made by members of the SEC's Small Business Capital Formation Advisory Committee, will expedite the offering process for eligible companies by providing relief from certain rules with respect to the timing of a company's offering and the financial statements required.  To take advantage of the temporary rules, a company must meet enhanced eligibility requirements and provide clear, prominent disclosure to investors about its reliance on the relief. The relief will apply to offerings launched between the effective date of the temporary rules and Aug. 31, 2020.

EBA Updated ITS Package For 2021 Benchmarking Exercise Includes IFRS9 Template

Date 04/05/2020

The European Banking Authority (EBA) published today an update to its Implementing Technical Standards (ITS) on benchmarking of internal approaches. The updated ITS include all benchmarking portfolios that will be used for the 2021 exercise. The main novelty is the inclusion of the IFRS9 template. The benchmarking exercise is an essential supervisory tool to enhance the quality of internal models, which is particularly important in a stressed economic situation.