News Centre

CFFEX: Notice On Listing Of New Equity Index Futures And Options Contracts

Date 15/03/2024

• The IF2405 CSI 300 index futures contract is scheduled to be listed on March 18, 2024 at the listing benchmark price of 3567.4.
• The IC2405 CSI 500 index futures contract is scheduled to be listed on March 18, 2024 at the listing benchmark price of 5431.8.
• The IM2405 CSI 1000 index futures contract is scheduled to be listed on March 18, 2024 at the listing benchmark price of 5499.8.
• The IH2405 SSE 50 index futures contract is scheduled to be listed on March 18, 2024 at the listing benchmark price of 2426.4.
• The IO2503 series CSI 300 index options contracts are scheduled to be listed on March 18, 2024.
• The MO2503 series CSI 1000 index options contracts are scheduled to be listed on March 18, 2024.
• The HO2503 series SSE 50 index options contracts are scheduled to be listed on March 18, 2024.

CFTC Awards Insider Whistleblower Approximately $1.25 Million

Date 14/03/2024

The Commodity Futures Trading Commission today announced an approximately $1.25 million award to a whistleblower who reported misconduct to the CFTC after initially reporting it to the whistleblower’s employer.

SEC Charges 17 Individuals In $300 Million Crypto-Asset Ponzi Scheme Targeting The Latino Community

Date 14/03/2024

The Securities and Exchange Commission today charged 17 individuals for their roles in a $300 million Ponzi scheme that involved Houston, Texas-based CryptoFX LLC and targeted more than 40,000 predominantly Latino investors in the U.S. and two other countries. Today’s complaint follows the SEC’s successful emergency action in September 2022 that halted the CryptoFX scheme and charged its two main principals, Mauricio Chavez and Giorgio Benvenuto.

SIFMA Fixed Income Market Close Recommendations In The U.S., The U.K., And Japan For Good Friday & Easter Monday Holidays

Date 14/03/2024

SIFMA has confirmed its previous holiday recommendations for the U.S., the U.K., and Japan in observance of the Good Friday and Easter Monday holidays.

US Office Of The Comptroller Of The Currency Assesses $250 Million Civil Money Penalty Against JPMorgan Chase Bank, N.A. Related To Bank’s Trade Surveillance Program

Date 14/03/2024

The Office of the Comptroller of the Currency (OCC) today announced a $250 million civil money penalty against JPMorgan Chase Bank, N.A. (JPMC) related to deficiencies in its trade surveillance program.

CFTC: Federal Court Orders Binary Options Firm And Owners To Pay Over $204 Million In Monetary Sanctions For Fraudulent Binary Options Scheme

Date 14/03/2024

The Commodity Futures Trading Commission today announced the U.S. District Court for the Western District of Texas entered an order of final judgment against Jonathan Cartu, Leeav Peretz, Nati Peretz, all believed to be residents of Israel, and Blue Moon Investments Inc., a Seychelles corporation. The order finds them liable for offering illegal, off-exchange binary options and committing fraud in connection with the illegal offering. This resolves the CFTC’s September 2, 2020 case against the defendants. [See CFTC Press Release No. 8231-20]

SOLVENTO GROUP 2022 SOCIMI To Start Trading In BME Scaleup On 18 March

Date 14/03/2024

• The company, which is the second to join this new BME market, starts with a valuation of 64.5 million euros.

Uplinq Bolsters Leadership Team With Addition Of Derek Ellington As Strategic Advisor - Former Head Of Small Business Banking For Wells Fargo Brings Decades Of Industry

Date 14/03/2024

Uplinq Financial Technologies, the first global credit decisioning support platform for small business lenders, today announced the addition of prominent financial services leader Derek Ellington as strategic advisor. In this role, Ellington will work closely with current and prospective Uplinq clients, as well as Uplinq’s internal team, to help advance the company’s mission of expanding access to fair and ethical credit for small businesses globally. 

Federal Reserve Board Issues Enforcement Action Against JPMorgan Chase & Co. And Fines The Firm Approximately $98.2 Million For An Inadequate Program To Monitor Firm And Client Trading Activities For Market Misconduct

Date 14/03/2024

The Federal Reserve Board on Thursday issued an enforcement action against JPMorgan Chase & Co. and fined the firm approximately $98.2 million for an inadequate program to monitor firm and client trading activities for market misconduct. The Board's action requires JPMorgan Chase to review and take corrective action to address the firm's inadequate monitoring practices, which occurred between 2014 and 2023.

FESE Response To The EIOPA Consultation On The Methodology For Value For Money (VfM) Benchmarks

Date 14/03/2024

FESE welcomes the opportunity to contribute its views to the EIOPA consultation on the methodology for Value for Money (VfM) benchmarks. In its response, FESE stresses the need for a clear focus on “cost-efficiency” when constructing the benchmarks. FESE reiterates that the cost should not be the main indicator when developing the VfM benchmarks and that the ESAs should consider other qualitative factors, such as the distribution channel of retail products.”