News Centre

SGX Securities Welcomes Prosper Cap Corporation Limited To Catalist

Date 26/01/2024

SGX Securities is pleased to welcome Prosper Cap Corporation Limited to Catalist under the stock code “PPC”.

Hong Kong Securities And Futures Commission Warns Public Of Suspicious Crypto-Related Products “Floki Staking Program” And “TokenFi Staking Program”

Date 26/01/2024

The Securities and Futures Commission (SFC) today warned the public of suspicious investment products named “Floki Staking Program” and “TokenFi Staking Program”, both of which involve cryptocurrency staking services and claim to offer high annualised return targets of 30% to over 100%.

CFTC Commissioner Kristin N. Johnson Statement On The CFTC RFC On AI: Building A Regulatory Framework For AI In Financial Markets

Date 25/01/2024

Introduction

The increasing integration of artificial intelligence (AI) in nearly every sector of our economy and society has spurred a global debate regarding the promise and the peril of the assemblage of technologies described as AI. Registrants and other market participants are increasingly exploring and using AI and related technologies. Today, staff of the Commodity Futures Trading Commission (Commission or CFTC) published a request for comment (RFC), seeking public comment on the use of artificial intelligence (AI) in markets regulated by the Commission.[1]

CFTC Customer Advisory Cautions The Public To Beware Of Artificial Intelligence Scams

Date 25/01/2024

The Commodity Futures Trading Commission’s Office of Customer Education and Outreach today issued a customer advisory warning the public about Artificial Intelligence (AI) scams. Customer Advisory: AI Won’t Turn Trading Bots into Money Machines explains how the scams use the potential of AI technology to defraud investors with false claims that entice them to hand over their money or other assets to fraudsters who misappropriate the funds and deceive investors.

SEC Charges Northern Star SPAC For Material Misrepresentations In Its IPO-Related Disclosures

Date 25/01/2024

The Securities and Exchange Commission today announced that Northern Star Investment Corp. II, a special purpose acquisition company (SPAC), agreed to settle charges that it made misleading statements in forms filed with the SEC as part of its January 2021 initial public offering (IPO).

CFTC Staff Releases Request For Comment On The Use Of Artificial Intelligence In CFTC-Regulated Markets

Date 25/01/2024

The Commodity Futures Trading Commission’s Divisions of Market Oversight, Clearing and Risk, Market Participants, and Data and the Office of Technology Innovation today issued a request for comment (RFC) to better inform them on the current and potential uses and risks of artificial intelligence (AI) in the derivatives markets the CFTC regulates. 

CFTC Commissioner Johnson To Deliver Keynote Address At Women In Housing & Finance Public Policy Luncheon

Date 25/01/2024

“Time Is Money. Time Is Risk” Prepared Remarks Before The European Commission, SEC Chair Gary Gensler, Jan. 25, 2024

Date 25/01/2024

Good afternoon. Thank you, Paulina, for the kind introduction. As is customary, I’d like to note that my views are my own as Chair of the Securities and Exchange Commission, and I am not speaking on behalf of my fellow Commissioners or the staff.

Call For Papers On Artificial Intelligence In Finance: 2024 Annual Meeting Of The Central Bank Research Association (CEBRA)

Date 25/01/2024

The FSB invites academic paper submissions for a session on the topic of ‘AI in Finance and its Financial Stability Implications’ at the 2024 Annual Meeting of CEBRA.

SEC Charges Chicago-Based Aon Investments And Former Partner With Misleading Pennsylvania Public Employees’ Pension Fund

Date 25/01/2024

The Securities and Exchange Commission today announced settled charges against Aon Investments USA Inc., a Chicago-based registered investment adviser, and the firm’s former partner, Claire P. Shaughnessy, for misleading their client, the Pennsylvania Public Employees’ Retirement System (PSERS), about the reason for a discrepancy between two different calculations by Aon of PSERS’s investment returns for the same period.