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  • CalPERS Expands Climate Transition Efforts By Almost $10 Billion

    Date 02/07/2024

    The California Public Employees’ Retirement System (CalPERS) announced today almost $10 billion in new actions aimed at investing in the global transition to a low-carbon economy, including new private market investments and a customized public equity index to enhance the pension fund's climate-aware investing.

  • ISDA derivatiViews: Rules Must be Considered In Combination

    Date 02/07/2024

    In about 18 months, the first US Treasury securities will be mandated for clearing under new Securities and Exchange Commission (SEC) rules. As demonstrated by the efforts to introduce clearing in the derivatives markets a decade ago and, more recently, the implementation of margin requirements for non-cleared derivatives, a structural change of this scale will take time and careful thought. But we also can’t consider this requirement in isolation – we should think hard about the impact of various rules in combination to ensure policymakers achieve the outcome they want: a resilient, efficient Treasury market.

  • SEC Updates Website To Improve Compliance, Functionality, And User Experience

    Date 02/07/2024

    The Securities and Exchange Commission today announced enhancements to its website to improve compliance with federal statutes and standards as well as the site’s functionality. The updates will improve the website’s user experience for market participants and the public. 

  • CFTC: Federal Court Orders Unregistered Michigan Pool Operator And Its President To Pay Over $13 Million For Forex Fraud

    Date 02/07/2024

    The Commodity Futures Trading Commission today announced Judge Sean F. Cox of the U.S. District Court for the Eastern District of Michigan entered a supplemental consent order against Dwight A. Foster and his firm K.E.L. Enterprises, Inc., both based in the West Bloomfield, Michigan area.

  • NGX Enlightens Nigerian Higher Education Foundation Scholars On Sustainable Finance And Investing

    Date 02/07/2024

    Nigerian Exchange Limited (NGX) hosted over a hundred scholars from Nigerian Higher Education Foundation (NHEF) as part of its financial literacy initiative, X-Lit on Tuesday 2 July 2024. The event aimed to deepen understanding of sustainable finance and increase young investors' participation in responsible investing within the capital market.