News Centre

Ontario Securities Commission Consults On Improving Retail Investor Access To Long-Term Asset Investments

Date 10/10/2024

The Ontario Securities Commission (OSC) today published a consultation paper aimed at improving retail investor access to illiquid investments through a framework proposal for a long-term asset investment fund product structure.

MIAX Exchange Group - Options Markets - Market For Underlying Security Used For Openings On MIAX Options, MIAX Pearl Options, MIAX Emerald Options And MIAX Sapphire Options For Newly Listed Symbols Effective Friday, October 11, 2024

Date 10/10/2024

Please refer to the Regulatory Circulars listed below for newly added symbols and the corresponding market for the underlying security used for openings on the MIAX Exchanges. The newly listed symbols will be available for trading beginning Friday, October 11, 2024.

Office Hours With SEC Chair Gary Gensler: Fraud And Deception In Artificial Intelligence

Date 10/10/2024

In 1950, the famous mathematician Alan Turing asked, “Can machines think?” What does that mean for securities law, particularly the laws related to fraud and manipulation?

CFTC Commissioner Pham To Keynote At FIX Americas Trading Conference 2024

Date 10/10/2024

Ontario Securities Commission Seeks Applications For The Registrant Advisory Committee

Date 10/10/2024

The Ontario Securities Commission (OSC) is inviting applications for membership on its Registrant Advisory Committee (RAC or the Committee).

FinCEN Assesses Record $1.3 Billion Penalty Against TD Bank

Date 10/10/2024

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) assessed a record $1.3 billion penalty against TD Bank, N.A. and TD Bank USA, N.A. (collectively, TD Bank, or the Bank) for violations of the Bank Secrecy Act (BSA), the primary U.S. anti-money laundering (AML) law that safeguards the financial system from illicit use. TD Bank is among the largest banks in the United States.

Remarks By Deputy Secretary Of The US Treasury Wally Adeyemo At Press Conference At The Department Of Justice

Date 10/10/2024

Thank you. I am glad to join Attorney General Garland, Deputy Attorney General Monaco, and the rest of you here today. I applaud DOJ’s efforts. I won’t speak to its case, but to the separate investigation that Treasury’s Financial Crimes Enforcement Network undertook and the action we’ve taken.

U.S. Department Of Justice: TD Bank Pleads Guilty To Bank Secrecy Act And Money Laundering Conspiracy Violations In $1.8B Resolution

Date 10/10/2024

TD Bank N.A. (TDBNA), the 10th largest bank in the United States, and its parent company TD Bank US Holding Company (TDBUSH) (together with TDBNA, TD Bank) pleaded guilty today and agreed to pay over $1.8 billion in penalties to resolve the Justice Department’s investigation into violations of the Bank Secrecy Act (BSA) and money laundering. 

EDHEC Infra & Private Assets: Private Equity Risk Can Be Extremely High - True 10-Year Volatility Can Reach 28% In The Case Of The European Natural Resources Sector

Date 10/10/2024

Private equity investments offer high returns in exchange for taking a certain level of risk. These risks result first and foremost in considerable return dispersion and sometimes, despite the long-term investment horizon, in exits in less favourable conditions than anticipated by investors. Private companies can also go bankrupt, but they are more likely to do so in certain segments of the private market. Stratifying the PE universe using the PECCS taxonomy, a range of risk/return profiles appears that suggest a wide range of risk-taking and return-seeking strategies.

Federal Reserve Board Fines Toronto-Dominion Bank $123.5 Million For Violations Related To Anti-Money Laundering Laws

Date 10/10/2024

The Federal Reserve Board on Thursday fined Toronto-Dominion Bank $123.5 million for violations related to anti-money laundering laws. The Board is also requiring TD to implement enhanced measures to comply with anti-money laundering laws and to correct its risk management deficiencies.