News Centre

CFTC: Federal Court Orders Oregon Resident And His Forex Trading Firm To Pay $830,000 In Civil Penalties for Commodity Fraud And Registration Violations

Date 15/02/2024

The Commodity Futures Trading Commission today announced that the U.S. District Court for the District of Oregon entered a consent order for permanent injunction, monetary sanctions, and equitable relief against defendants Erik J. Hass and his company Simply Gains, Inc. The order resolves a CFTC action filed against the defendants on June 9, 2020, alleging they fraudulently solicited millions of dollars from unsuspecting customers for trading retail leveraged, margined, or financed foreign currency (forex) and failed to register as required under the Commodity Exchange Act (CEA). [See CFTC Press Release No. 8178-20]  

The Dollar's International Role, Federal Reserve Governor Christopher J. Waller, At "Climate, Currency, And Central Banking," A Conference Sponsored By The Global Interdependence Center And The University Of The Bahamas, Nassau, Bahamas

Date 15/02/2024

Thank you to the Global Interdependence Center for the invitation to speak to you today. My subject is the U.S. dollar's primacy in global finance and the global economy, which some feel is under threat as never before. One headline asserts: "Why the Dollar's Reign Is Near an End." Actually, it turns out this threat isn't so new. That headline was from 2011. It is tempting to write off concerns about the dollar's status that never seem to come to pass, but I don't dismiss them. The role of the United States in the world economy is changing, finance is always changing, and I think it is important for policymakers to regularly consider if and why the dollar's role might change as well. That's what I aim to do in these remarks.

Coinbase Releases Fourth Quarter And Full Year 2023 Shareholder Letter

Date 15/02/2024

Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today the release of its fourth quarter and full year 2023 shareholder letter. The letter, including the Company’s financial results, can be found on its Investor Relations website at investor.coinbase.com.

CalPERS’ Proxy Voting Holds Global Companies Accountable For Climate-Related Risks, Board Independence, And Executive Compensation

Date 15/02/2024

The California Public Employees’ Retirement System (CalPERS) continued its efforts in 2023 to hold companies it invests in accountable in several critical areas including: director accountability, board independence, executive compensation, and oversight of climate-related risks.

FINRA Fines Morgan Stanley $1.6 Million For Municipal Securities Violations And Related Failures - First FINRA Disciplinary Action For Violation Of Close-Out Requirements Of MSRB Rule G-12(h) And Related Supervisory Failures

Date 15/02/2024

FINRA announced today that it has fined Morgan Stanley Smith Barney LLC $1.6 million for the firm’s repeated failures to timely close out failed inter-dealer municipal securities transactions and to take prompt steps to obtain physical possession or control of municipal security positions that are short more than 30 calendar days, and related supervisory failures. This is the first disciplinary action in which FINRA has charged a firm with violating the close-out requirements of Municipal Securities Rulemaking Board (MSRB) Rule G-12(h) and related supervisory failures. FINRA previously sanctioned Morgan Stanley for supervisory failures regarding short positions in municipal securities in 2015.

MIAX Options And MIAX Emerald Options Exchanges - Update To Fees For The Top Of Market (ToM) And Complex Top Of Market (cToM) Data Feeds, Effective March 1, 2024

Date 15/02/2024

Effective March 1, 2024, pending filing with the SEC, MIAX Options and MIAX Emerald Options will reimplement market data fees that were previously rolled back on August 3, 2023 as follows:

NGX Group, Nigerian Capital Market Community Paid Condolence Visits To Ogunbanjo And Wigwe’s Families

Date 15/02/2024

Representatives of the board and management of Nigerian Exchange Group (NGX) and key stakeholders from the capital market community paid condolence visits to the families of late Bamofin Abimbola Ogunbanjo and Dr. Herbert Wigwe.

CFTC Commissioner Pham To Speak At European Parliament GBBC Future Of The Digital Finance Strategy Of The EU

Date 15/02/2024

SIFMA Supports Litigation Of The CAT Funding Model

Date 15/02/2024

In an amicus brief filed today, SIFMA outlines its support of the litigation brought by the American Securities Association and Citadel against the SEC for the approval of the CAT NMS Plan funding model.

Euronext Publishes Q4 And Full Year 2023 Results -Strong Results Demonstrating Benefits Of Euronext’s Diversified Business Model. 2023 Costs Better Than Revised Guidance. €74 Million Cumulated Run-Rate Synergies Delivered, Above The 2023 Interim Guidance Of €70 Million

Date 15/02/2024

Euronext, the leading pan-European market infrastructure, today publishes its results for the fourth quarter and full year 2023.