News Centre

Shenzhen Stock Exchange Reports Punishments For Violations Of Listed Companies In 2019

Date 21/08/2019

Upholding the leadership of CSRC, SZSE has actively acted on its duties as a frontline regulator since the beginning of 2019. It has imposed severe punishments for violations of listed companies, urged them to hold the market, the law, the risk and professionalism in awe, and not cross the line (i.e., do not disclose false information, engage in insider trading, manipulate stock prices, or harm the interests of listed companies), and guided listed companies to raise their awareness of compliance of laws and regulations during business operation, thereby making remarkable progress in improving the quality of listed companies.

New Zealand Financial Markets Authority Reiterates Warning About Potential Skyway Capital/SWIG Scam

Date 21/08/2019

The Financial Markets Authority (FMA) is reiterating its warning that Skyway Capital may be involved in a scam, after learning the business is continuing to conduct seminars throughout the North Island.

Comptroller Of The Currency Approves Volcker Rule Reforms

Date 20/08/2019

Comptroller of the Currency Joseph Otting today signed a final rule amending the “Volcker Rule” to tailor and simplify the rule while maintaining protections core to the safety and soundness of the federal banking system.

SIFMA Fixed Income Market Close Recommendation In The U.S., The U.K. And Japan For U.S. Labor Day Holiday

Date 20/08/2019

SIFMA has confirmed its previous holiday recommendation for a full market close on Monday, September 2 for the trading of U.S. dollar-denominated fixed income securities in the U.S., the U.K., and Japan in observance of the U.S. Labor Day holiday.

US Department Of Justice: Precious Metals Trader Pleads Guilty To Conspiracy And Spoofing Charges

Date 20/08/2019

A former precious metals trader at the London, Singapore and New York offices of a U.S. bank (Bank A) pleaded guilty today to conspiracy and spoofing charges, announced Assistant Attorney General Brian A. Benczkowski of the Justice Department’s Criminal Division and Assistant Director in Charge William F. Sweeney Jr. of the FBI’s New York Field Office. 

SIFMA Statement On Revisions To The Volcker Rule

Date 20/08/2019

SIFMA issued the following statement from President and CEO Kenneth E. Bentsen, Jr., on revisions to the Volcker Rule announced today:

“SIFMA supports the Agencies’ goal of reducing compliance-related inefficiencies of the Volcker Rule.  The revisions approved today will help ensure the Rule does not negatively and unnecessarily impact market liquidity, capital formation and economic growth, which could be exacerbated during times of stress.  The removal of the accounting prong is a positive step forward in ensuring the regulatory definition of ‘trading account’ does not go beyond the statutory definition and Congressional intent.

SEC Charges ICO Research And Rating Provider With Failing To Disclose It Was Paid To Tout Digital Assets

Date 20/08/2019

The Securities and Exchange Commission announced today that Russian entity ICO Rating has agreed to pay $268,998 to settle charges that it failed to disclose payments received from issuers for publicizing their digital asset securities offerings.  

MIAX Options Exchange - Complex Auction Allocation Priority Change - Effective August 21, 2019

Date 20/08/2019

Effective Wednesday, August 21, 2019, MIAX Options Exchange will use the less aggressive of the Complex Order’s original limit price or the Complex Order’s protected price at the conclusion of Complex Auctions and upon evaluation after ABBO uncrossings during regular trading to determine allocation priority.

Recent Strides In OCC's Transformation: By Craig Donohue, Executive Chairman, John Davidson, Occ Chief Executive Officer, Scot Warren, Chief Operating Officer, August 20, 2019

Date 20/08/2019

There have been significant transformation efforts undertaken at OCC by our colleagues during the last several years. OCC's transformation is a broad, multi-year undertaking covering every aspect of our organization: our financial resiliency, our people, our processes, and our technology. While our colleagues have overcome many challenges and accomplished a great deal, we still have more to do. We would like to share their progress with you.

SEC Charges TherapeuticsMD With Regulation FD Violations

Date 20/08/2019

The Securities and Exchange Commission today charged TherapeuticsMD Inc., a pharmaceutical company headquartered in Boca Raton, Florida, with violations of Regulation FD based on its sharing of material, nonpublic information with sell-side research analysts without also disclosing the same information to the public.