News Centre

SEC Charges Private Equity Fund Adviser American Infrastructure Funds For Breaching Its Duties

Date 22/09/2023

The Securities and Exchange Commission today announced that American Infrastructure Funds LLC (AIM), a Foster City, California-based registered investment adviser to private funds, agreed to pay more than $1.6 million to settle charges resulting from its acceleration of portfolio company monitoring fees, for transferring a private fund asset from funds nearing the end of their term to a new fund, and for loaning money from one private fund to another private fund advised by an affiliate. 

Brief Remarks On The Economy And Monetary Policy, Federal Reserve Governor Michelle W. Bowman, At Independent Community Bankers of Colorado, Golden Jubilee, Vail, Colorado

Date 22/09/2023

Thank you for the invitation to join you today, and congratulations on 50 years of working together to better serve the people of Colorado.1 As a former community banker, it is always great to be with community bankers and to recognize the importance of your work to strengthen economic opportunities for your communities and your customers. I look forward to hearing more about the issues affecting your institutions and your customers, including the impact of the Federal Reserve's regulation and supervision.

SEC Charges Citadel Securities For Violating Order Marking Requirements Of Short Sale Regulations

Date 22/09/2023

The Securities and Exchange Commission today announced settled charges against broker-dealer Citadel Securities LLC for violating a provision of Regulation SHO, the regulatory framework designed to address abusive short selling practices, which requires broker-dealers to mark sale orders as long, short, or short exempt. These records are routinely used by regulators in policing prohibited short selling activity. To settle the SEC’s charges, Miami-based Citadel Securities agreed to pay a $7 million penalty.

Deutsche Börse Announces Final Tender Result For Takeover Of SimCorp

Date 22/09/2023

Deutsche Börse has today announced the final tender result for its public takeover of SimCorp. Including open market purchases, Deutsche Börse now holds approximately 94 per cent of all SimCorp shares (excluding SimCorp’s treasury shares). The offer is expected to be settled and closed on 29 September 2023.

New Document From IFLEX About Its Listing On BME Growth

Date 22/09/2023

• It is the ninth company to register a Document of Incorporation on this BME market in 2023

Goldman To Pay SEC $6 Million In Penalties For Providing Deficient Blue Sheet Data

Date 22/09/2023

The Securities and Exchange Commission today announced settled charges against Goldman Sachs & Co. LLC for failing to provide complete and accurate securities trading information, known as blue sheet data, to the SEC. Goldman agreed to pay a $6 million penalty to resolve the SEC's charges.

Moscow Exchange: Expiration Prices Determined For September MOEX Index Futures

Date 22/09/2023

Malawi Stock Exchange Weekly Summary, 22 September 2023

Date 22/09/2023

Click here to download Malawi Stock Exchange's weekly summary.

Generative AI, Productivity, The Labor Market, And Choice Behavior, Federal Reserve Governor Lisa D. Cook, At The National Bureau Of Economic Research Economics Of Artificial Intelligence Conference, Fall 2023, Toronto, Canada

Date 22/09/2023

Introduction
As I was in 2018, I am excited to speak to you at the National Bureau of Economic Research (NBER) artificial intelligence (AI) conference, in a city that is a world-class center of AI research and business start-ups, to discuss AI and its prospective effects on productivity and the labor market. Outside of those of us who have spent many years researching the economics of innovation, it seems that AI is having a moment. The surge in excitement and trepidation about AI is palpable. Google searches for "AI" have tripled worldwide since 2022, fueled by the buzz about ChatGPT. Of course, this group saw it coming as early as 2017, when the first NBER AI conference was held here in Toronto, and many of you saw it coming much earlier than that.

Dissenting Statement Of CFTC Commissioner Summer K. Mersinger Regarding Order On Certified Derivatives Contracts With Respect To Political Control Of The U.S. Senate And House Of Representatives

Date 22/09/2023

I respectfully dissent from the Order Prohibiting Listing for Trading of Certified Derivatives Contracts with Respect to Political Control of the U.S. Senate and House of Representatives (the “Order”).  I cannot support the Commission taking this trip “through the looking glass” in order to cover up the fact that for over 13 years, it has failed to follow the process that Congress specifically authorized for situations like this:  A notice-and-comment rulemaking.