News Centre

ASK Private Wealth Widens Its Global Footprint Through New DIFC Office To Serve NRIs And Global Investors

Date 14/01/2025

• Part of Blackstone-backed ASK Asset & Wealth Management Group, ASK Wealth Advisors (DIFC) Pvt Ltd (‘ASKWA DIFC’) will use DIFC as a hub for its Middle East and Africa operations.
• ASK will offer customised wealth management solutions, meeting the global diversification needs of Indian and Middle East investors.

Gulf Mercantile Exchange Reports Strong Growth In 2024 Performance, Highlighting 12% Increase In Total Volume

Date 14/01/2025

Gulf Mercantile Exchange (GME), the premier international commodity exchange in the Middle East, is pleased to announce its continued growth for 2024, demonstrating robust growth across key metrics and reinforcing its position as a leading platform for commodity trading in the region. Total trading volume increased by 12% year-on-year, from 1.18 million contracts in 2023 to 1.32 million contracts in 2024.

The Shanghai Stock Exchange Holds Inaugural Institutional Investor Service Activity Series In 2025 To Implement "Three Investments Concepts" And Promote High-Quality Development

Date 14/01/2025

The Shanghai Stock Exchange (SSE), in collaboration with the Jiangsu Office of the China Securities Regulatory Commission (CSRC) and the Financial Office of the Jiangsu Provincial Committee of the Communist Party of China (CPC), held the inaugural institutional investor activity series in 2025 to serve the Yangtze River Delta in Nanjing on January 9 and 10. The activities included themed presentations, industry sharing sessions, and guiding institutional investors to visit listed companies. They vigorously promoted investment-side reform, facilitated the entry of medium to long-term funds into the market, and encouraged institutional investors to practice the concepts of rational, value-oriented, and long-term investment, thereby fostering the high-quality development of the capital market.

Twelve Firms To Pay More Than $63 Million Combined To Settle SEC’s Charges For Recordkeeping Failures - One Firm Received Credit For Self-Reporting And Will Pay A Reduced Civil Penalty

Date 13/01/2025

The Securities and Exchange Commission today announced charges against nine investment advisers and three broker-dealers for failures by the firms and their personnel to maintain and preserve electronic communications, in violation of recordkeeping provisions of the federal securities laws.

SEC: Two Robinhood Broker-Dealers To Pay $45 Million In Combined Penalties For Violating More Than 10 Separate Securities Law Provisions

Date 13/01/2025

The Securities and Exchange Commission today announced that broker-dealers Robinhood Securities LLC and Robinhood Financial LLC (collectively, Robinhood) have agreed to pay $45 million in combined civil penalties to settle a range of SEC charges arising from their brokerage operations.

Theresa Taylor And David Miller Re-Elected As CalPERS Board President, Vice President

Date 13/01/2025

The CalPERS Board of Administration has re-elected Theresa Taylor as board president and David Miller as vice president.

MIAX Exchange Group - Options And Equities Markets Member Firm Portal Maintenance Scheduled For January 16, 2025

Date 13/01/2025

The MIAX Options, MIAX Pearl Options, MIAX Emerald Options, MIAX Sapphire Options and MIAX Pearl Equities Exchanges will perform maintenance on the Member Firm Portal User Interface beginning at 4:15 p.m. on Thursday, January 16, 2025. All post-trade adjustments that do not affect the contractual terms of a trade must be submitted to TradingOperations@miaxglobal.com between 4:15 p.m. and 5:10 p.m. on January 16, 2025.

CFTC: Mosaic Exchange Ltd. And CEO Ordered To Pay Over $1.1 Million For Fraudulent Digital Asset Commodity Scheme

Date 13/01/2025

The Commodity Futures Trading Commission today announced the U.S. District Court for the Southern District of Florida entered orders of final default judgment on Dec. 23 and 30, 2024, against Mosaic Exchange Ltd., a Pennsylvania limited liability company, and its owner and Chief Executive Officer Sean Michael, of Miami, Florida, for running a fraudulent digital asset commodity scheme.  

CFTC Swaps Report Update

Date 13/01/2025

CFTC's Weekly Swaps Report has been updated, and is now available: http://www.cftc.gov/MarketReports/SwapsReports/index.htm.

CFTC Commitments Of Traders Reports Update

Date 13/01/2025

The current reports for the week of January 07, 2025 are now available. Report data is also available in the CFTC Public Reporting Environment (PRE), which allows users to search, filter, customize and download report data.