News Centre

SEC Announces Fraud Charges Against Former Accounting Executive At Japanese Subsidiary - Chicago-Area Company Charged With Financial Reporting And Internal Controls Violations

Date 10/04/2015

The Securities and Exchange Commission today announced fraud charges against the former controller of a suburban Chicago company’s Japanese subsidiary who cost his company millions of dollars in trading losses and manipulated accounting records to avoid detection.

MIAX Options Exchange: Market For Underlying Security Used For Openings On MIAX For Symbol GDDY

Date 10/04/2015

MIAX Regulatory Circular 2015-22 identifies a newly listed option class that will start trading at MIAX on Friday, April 10, 2015, and, as set forth in MIAX Rule 503(d), MIAX shall use the exchange identified in the circular as the “market for the underlying security” for purposes of Openings on the Exchange.

Nasdaq March 2015 Volumes, 1Q15 Est. Revenue Capture

Date 10/04/2015

Nasdaq (Nasdaq:NDAQ) today reported monthly volumes for March 2015, as well as quarterly volumes and estimated revenue capture for the quarter ending March 31, 2015, on its investor relations website. 

SEC Names Marc Wyatt As Acting Director Of The Office Of Compliance Inspections And Examinations

Date 10/04/2015

The Securities and Exchange Commission today announced that Marc Wyatt will serve as Acting Director of the agency’s Office of Compliance Inspections and Examinations (OCIE).  He succeeds Andrew Bowden, who announced that he will be leaving the SEC to rejoin the private sector at the end of April.

U.S. Treasury Releases Semi-Annual Report To Congress On International Economic And Exchange Rate Policies

Date 09/04/2015

The U.S. Department of the Treasury today released the Semi-Annual Report to Congress on International Economic and Exchange Rate Policies, as required under Sections 3004 and 3005 of the Omnibus Trade and Competitiveness Act of 1988. 

A Letter From BATS CEO Chris Concannon

Date 09/04/2015

Dear BATS Customers and Members of the Trading Community,

Hello and thank you for the very warm welcome that I have received from so many since joining BATS Global Markets in December.  It has been an exciting four months for BATS and the industry, and I can promise there is much more to come from us.  Keeping with a great BATS tradition, the CEO has to have a few things to say in an email to the industry from time to time (Don’t worry Bob G., I will be nice).

Canadian Securities Regulators’ Review Finds Room For Improvement In Mining Issuers’ Investor Presentations

Date 09/04/2015

Members of the Canadian Securities Administrators (CSA) today released CSA Staff Notice 43-309 Review of Website Investor Presentations by Mining Issuers, which summarizes the findings of staff of the Autorité des marchés financiers (AMF), the British Columbia Securities Commission (BCSC) and the Ontario Securities Commission (OSC) (collectively, the Principal Mining Jurisdictions) and outlines the CSA’s expectations for website disclosure by mining issuers.

Member Of Organized Cybercrime Ring Sentenced To 150 Months In Prison For Selling Stolen And Counterfeit Credit Cards

Date 09/04/2015

A member of the identity theft and credit card fraud ring known as “Carder.su” was sentenced today to 150 months in federal prison for selling stolen and counterfeit credit cards over the Internet.  He was further ordered to pay $50.8 million in restitution.

Canadian Securities Regulators Finalize Rule Amendments To Reduce Regulatory Burden On Venture Issuers

Date 09/04/2015

The Canadian Securities Administrators (CSA) announced today the final implementation of amendments that will streamline and tailor disclosure by venture issuers. The amendments address continuous disclosure and governance obligations, as well as disclosure for prospectus offerings.

SEC Halts Microcap Scheme In South Florida

Date 09/04/2015

The Securities and Exchange Commission today announced fraud charges and an asset freeze against the operators of a South Florida-based microcap scheme, including three boiler room brokers caught trying to conceal from investors that they have been barred from the industry.