News Centre

Federal Reserve Board Extends Comment Period For Proposed Role That Would Modify Company-Run Stress Testing Requirements To Conform With The Economic Growth, Regulatory Relief, And Consumer Protection Act Until March 21

Date 15/02/2019

The Federal Reserve Board on Friday extended until March 21 the comment period for its proposed rule that would modify company-run stress testing requirements to conform with the Economic Growth, Regulatory Relief, and Consumer Protection Act.

US Department Of Justice: Former President And Former Chief Legal Officer Of Publicly Traded Fortune 200 Technology Services Company Indicted In Connection With Alleged Multi-Million Dollar Foreign Bribery Scheme

Date 15/02/2019

A federal grand jury returned an indictment yesterday against the former president and the former chief legal officer of Cognizant Technology Solutions Corporation, a publicly traded Fortune 200 technology services company based in Teaneck, New Jersey, in connection with an alleged foreign bribery scheme.

SEC Files Charges In Elaborate Microcap Stock Fraud

Date 15/02/2019

The Securities and Exchange Commission today announced charges against four individuals and related businesses for their roles in two microcap frauds and unlawful securities offerings.  In sum, the alleged illegal transactions resulted in proceeds of more than $25 million.

Moscow Exchange Recommends Candidates For Supervisory Board

Date 15/02/2019

On 15 February 2019 the Moscow Exchange Supervisory Board approved a slate of Supervisory Board candidates for the coming year. Seven of the 12 nominated candidates would be Independent Directors, exceeding the requirements of Moscow Exchange’s Listing Rules and the recommendations of the Corporate Governance Code.

MiFID II: ESMA Issues Latest Double Volume Cap Data

Date 15/02/2019

The European Securities and Markets Authority (ESMA) has updated today its public register with the latest set of double volume cap (DVC) data under the Markets in Financial Instruments Directive (MiFID II).

European Council, Council Of The European Union: Basic Road Connectivity In The Event Of No-Deal Brexit – Council Agrees Its Position

Date 15/02/2019

The EU is introducing a set of temporary and limited measures to ensure basic road freight and road passenger connectivity in order to mitigate the most severe disruption in the event that the UK leaves the EU without a negotiated agreement. Today, member states' ambassadors in the Council's Permanent Representatives Committee approved a mandate for the Romanian presidency to negotiate with the European Parliament on enabling UK-licenced road hauliers and coach and bus operators to carry goods and passengers between the UK and the remaining 27 member states. The rights granted by these measures will be conditional on equivalent rights being conferred by the UK to operators from the 27 member states and subject to conditions ensuring fair competition.

The MiG Report - TSX, TSX Venture Exchange

Date 15/02/2019

• 8 Corporate Issuers
• 18 ETFs
• 4 CPCs 

SEC Charges Cognizant And Two Former Executives With FCPA Violations

Date 15/02/2019

Cognizant Technology Solutions Corporation has agreed to pay $25 million to settle charges that it violated the Foreign Corrupt Practices Act (FCPA), and two of the company’s former executives were charged for their roles in facilitating the payment of millions of dollars in a bribe to an Indian government official. 

CFTC Chairman Giancarlo Seeks Nominations For Agricultural Advisory Committee Membership

Date 15/02/2019

Commodity Futures Trading Commission (CFTC or Commission) Chairman J. Christopher Giancarlo, sponsor of the Agricultural Advisory Committee (AAC), announced today the CFTC is seeking nominations for membership and public input on the AAC’s priorities. The deadline for submissions is March 1, 2019.

SIFMA Supports VA Rules; Suggests Changes To Better Protect Veteran Borrowers

Date 15/02/2019

In a comment letter to the Department of Veterans Affairs, SIFMA expressed its support of the interim final rules which address issues that have been raised by market participants and members of Congress with respect to refinancing of Veterans Affairs (VA) loans.  SIFMA also makes suggestions which it believes will create a safer program for VA borrowers and a safer environment for investors to buy Ginnie Mae MBS backed by VA loans, since the interests of VA borrowers and MBS investors are aligned.