News Centre

Hong Kong Securities And Futures Commission-Hong Kong Monetary Authority Joint Survey Shows Strong Rebound In Sales Of Investment Products In 2023

Date 20/09/2024

A joint survey by the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) on the sales of non-exchange-traded investment products by licensed corporations (LCs) and registered institutions (RIs) (Note 1) showed a 14% increase in total transaction to $4,338 billion (Note 2) in 2023 from $3,799 billion in 2022.

CFFEX: Notice On Delivery Of Equity Index Futures And Options Contracts

Date 20/09/2024

The following equity index futures and options contracts are delivered on September 20, 2024 at their respective final settlement prices:

• IF2409 CSI 300 index futures contracts and the IO2409 series CSI 300 index options contracts are delivered at the final settlement price of 3185.13;
• IC2409 CSI 500 index futures contracts are delivered at the final settlement price of 4484.05;
• IM2409 CSI 1000 index futures contracts and the MO2409 series CSI 1000 index options contracts are delivered at the final settlement price of 4448.40;
• IH2409 SSE 50 index futures contracts and the HO2409 series SSE 50 index options contracts are delivered at the final settlement price of 2221.69.

Shenzhen Stock Exchange Held A Symposium On Promoting High-Quality Development Of ETF Market And CSI A500 ETF

Date 20/09/2024

To thoroughly study and implement the guiding principles of the Third Plenary Session of the 20th CPC Central Committee and the new "Nine National Rules", SZSE organized a symposium on September 12. The meeting focused on promoting the high-quality development of the ETF market and building a "long-term capital, long-term investment" market system. Discussions were also held on the long-term allocation value of CSI A500 product. Representatives from 25 institutions, including funds, brokerage firms, banks, and insurance companies, attended the event. A representative from SZSE was present and delivered a speech.

CFFEX: Notice On Listing Of New Equity Index Futures And Options Contracts

Date 20/09/2024

• The IF2411 CSI 300 index futures contract is scheduled to be listed on September 23, 2024 at the listing benchmark price of 3183.8.
• The IC2411 CSI 500 index futures contract is scheduled to be listed on September 23, 2024 at the listing benchmark price of 4468.4.
• The IM2411 CSI 1000 index futures contract is scheduled to be listed on September 23, 2024 at the listing benchmark price of 4412.8.
• The IH2411 SSE 50 index futures contract is scheduled to be listed on September 23, 2024 at the listing benchmark price of 2222.4.
• The IO2509 series CSI 300 index options contracts are scheduled to be listed on September 23, 2024.
• The MO2509 series CSI 1000 index options contracts are scheduled to be listed on September 23, 2024.
• The HO2509 series SSE 50 index options contracts are scheduled to be listed on September 23, 2024.

ASIC Reissues Regulatory Guide 121 On Doing Financial Services Business In Australia

Date 20/09/2024

Key points

• ASIC has reissued Regulatory Guide 121 Doing financial services business in Australia (RG 121) to reflect changes to the law and legislative relief granted by ASIC.
• Reissued RG 121 includes amendments to descriptions of Australian financial services (AFS) licensing exemptions and relief and updates ASIC’s guidance on the Courts’ interpretation of ‘carrying on a business in Australia’.

Nothing To See - Nothing To Say: Statement On Recent Whistleblower Awards, SEC Commissioner Hester M. Peirce, SEC Commissioner Mark T. Uyeda, Sept. 19, 2024

Date 19/09/2024

The Commission recently issued two whistleblower award determinations awarding an aggregate $122,000,000 among four claimants. We did not support these determinations, but we are unable to explain our reasons because the public final orders determining the awards redact certain information necessary to the explanation. The text surrounding the redactions describes how the Commission calculated the total amount collected for purposes of determining the award amount. We did not believe that the redactions were necessary or appropriate under the relevant statutory authority because the redacted information could not reasonably be expected to reveal the whistleblowers’ identity. As an inadvertent result of these redactions, the legal reasoning in final orders of the Commission determining that $122,000,000 should be paid from the Investor Protection Fund at the Treasury of the United States is immunized from effective public scrutiny. These awards illustrate why the Commission’s redaction decisions are consequential not only for whistleblowers, but also for oversight of the Commission’s operation of the whistleblower program.

Cancelled — September 20 Commission Open Meeting

Date 19/09/2024

The Commodity Futures Trading Commission Open Meeting scheduled for Friday, September 20, 2024, has been cancelled. The matter under consideration has been completed through the Commission’s seriatim process.  

SEC: Small Business Forum’s Report To Congress Highlights Recommendations To Improve Capital Raising

Date 19/09/2024

The Securities and Exchange Commission today released a report to Congress summarizing policy recommendations made during the SEC’s 43rd Annual Small Business Forum. The report provides a summary of the forum proceedings, including the recommendations developed by participants for changes to the capital raising framework and the Commission’s responses to those recommendations.

CFTC Commissioner Pham To Speak At GBBC’s Blockchain Central UNGA

Date 19/09/2024

Office Hours With Gary Gensler: Systemic Risk In Artificial Intelligence, SEC Chair Gary Gensler, Washington D.C., Sept. 19, 2024

Date 19/09/2024

What might Scarlett Johansson and romcoms teach us about artificial intelligence and systemic risk in our capital markets?