News Centre

SEC Adds Fraud Charges Against Purported Cryptocurrency Company Longfin, CEO, And Consultant

Date 05/06/2019

The Securities and Exchange Commission today filed a new fraud action against Longfin Corp. and its CEO for falsifying the company’s revenue and, together with a former Longfin consultant, for fraudulently securing the company’s listing on Nasdaq. The SEC’s prior charges against these defendants and two others resulted in a preliminary injunction freezing more than $27 million in allegedly illegal trading proceeds from unregistered distributions of Longfin stock.

Office Of The Comptroller Of The Currency Releases CRA Evaluations For 33 National Banks And Federal Savings Associations

Date 05/06/2019

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of May 1, 2019 through May 31, 2019. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings. The possible ratings are outstanding, satisfactory, needs to improve, and substantial noncompliance.

“Veterans Hall” Dedication On The 75th Anniversary Of D-Day, SEC Chairman Jay Clayton, June 5, 2019

Date 05/06/2019

Thank you Darren for those kind remarks. And thank you to the Veteran’s Committee for organizing this important commemoration. I would also like to recognize Katherine Taylor and Carla Hairston and their team in facilities, who did an AMAZING job with the design of this memorial in a short time period. And thank you all for taking the time to be part of this dedication ceremony today. We gather here on the eve of the 75th Anniversary of D-Day, and in the shadow of Memorial Day, to pay our respects to the fallen and to salute all those who serve.

Ontario Securities Commission Takes Action To Reduce Burden For Mining Issuers

Date 05/06/2019

The Ontario Securities Commission (OSC) announced today that, effective immediately, mining issuers can request reviews of public technical disclosure before filing a preliminary short form prospectus. Mining issuers represent the largest population of Ontario head office reporting issuers, and this development will allow for material comments to be resolved promptly.  

CFTC Swaps Report Update

Date 05/06/2019

CFTC's Weekly Swaps Report has been updated, and is now available.

Statement At The Open Meeting On Regulation Best Interest, The Interpretation Of The Standard Of Conduct For Investment Advisers, The Form CRS Relationship Summary, And The Interpretation Of “Solely Incidental”, SEC Commissioner Elad L. Roisman, June 5, 2019

Date 05/06/2019

I would like to begin by thanking Director Dalia Blass [of the Division of Investment Management], Director Brett Redfearn [of the Division Trading and Markets], as well as our Chief Economist S.P. Kothari and former acting Chief Economist Chyhe Becker for their collective leadership in bringing these recommendations to fruition and for steering the process every step of the way. I am also grateful for the unwavering commitment and tireless work of each and every staff member who worked on these recommendations. Collectively, you have brought hundreds of years of experience and expertise to this endeavor. Your dedication to your work, the SEC’s mission, and investors comes as no surprise. Nevertheless, it has been truly remarkable to witness firsthand.

CFTC Commissioner Behnam Announces Market Risk Advisory Committee Chair And Agenda For June 12 Public Meeting

Date 05/06/2019

Commodity Futures Trading Commission (CFTC or Commission) Commissioner Rostin Behnam today announced the agenda for the upcoming Market Risk Advisory Committee (MRAC) public meeting that will be held on June 12, 2019 at CFTC’s headquarters in Washington, D.C. and the designation of Nadia Zakir, Executive Vice President and Deputy General Counsel at the Pacific Investment Management Company LLC (PIMCO), as Chairperson of the MRAC.  [See CFTC Press Release 7931-19 for attending, viewing and listening instructions.] Commissioner Behnam is the sponsor of MRAC.

Nodal Exchange Achieves Open Interest Records In Power Futures And Expands Environmental Contracts

Date 05/06/2019

Nodal Exchange achieved a record 740 million MWh and record 38% market share of open interest in power futures as of end of May 2019.

Cboe Global Markets Reports May 2019 Trading Volume

Date 05/06/2019

Grenke AG New Joiner In MDAX - No Changes In DAX And TecDAX

Date 05/06/2019

On Wednesday, Deutsche Börse announced changes to its selection indices, which will become effective on 24 June 2019. The shares of Grenke AG will be included in the MDAX index and will replace the shares of Wacker Chemie AG, which will be included in the SDAX index. The exclusion is based on the fast-exit rule.