News Centre

SEC Issues New Strategic Plan For Diversity, Equity, Inclusion, And Accessibility

Date 18/09/2023

The Securities and Exchange Commission today announced that it has posted to sec.gov the agency’s Diversity, Equity, Inclusion, and Accessibility (DEIA) Strategic Plan for fiscal years 2023-2026 that builds on and advances the SEC’s DEIA commitment and previous successes.

New York State Department Of Financial Services Superintendent Adrienne A. Harris Announces Update On Two Year Transformational Initiative To Strengthen Dfs’ Nation-Leading Virtual Currency Oversight - Building On Previous First In The Nation Guidance For The Virtual Currency Industry, DFS Issues Proposed Updated Expectations On The Adoption Or Listing Of Virtual Currencies

Date 18/09/2023

New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris today issued an update on an ongoing initiative to strengthen DFS oversight of virtual currencies, highlighting milestone achievements that have transformed agency operations and shaped virtual currency policy across the nation and around the world. Designated as the VOLT initiative this ongoing project has focused on enhancing DFS’s Vision, Operations, Leadership, and Technology in order to further cement DFS’s role as the leading regulator of virtual currency in the nation. In furtherance of this initiative, Superintendent Harris published proposed guidance which adopts enhanced criteria for coin-listing and delisting procedures, as well as updated guidance on the framework for designating coins or tokens to the DFS greenlist. 

ESAs Warn Of Risks Resulting From A Fragile Economic Outlook

Date 18/09/2023

The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) today issued their Autumn 2023 Joint Committee Report on risks and vulnerabilities in the EU financial system. The Report underlines the continued high economic uncertainty. The ESAs warn national supervisors of the financial stability risks stemming from the heightened uncertainty, and call for vigilance from all financial market participants.

CME Group To Launch Cobalt Hydroxide Futures On October 23

Date 18/09/2023

CME Group, the world's leading derivatives marketplace, today announced that it will launch Cobalt Hydroxide futures on October 23, pending all relevant regulatory reviews. This is the fourth battery metals futures contract CME Group has launched in response to evolving hedging needs within the rapidly growing electric vehicle space.

ISDA: Green Future – IQ September 2023

Date 18/09/2023

US bank capital experts packing their bags for an August vacation may well have had to ditch the John Grisham in favour of somewhat heavier reading, after US prudential regulators published their keenly-awaited Basel III ‘endgame’ proposals on July 27. But while the 1,000-plus-page notice of proposed rulemaking may lack the thrills and spills of Grisham’s The Pelican Brief, it does contain one or two plot twists and surprises of its own.

Caught In A SAR Trap: Statement On In The Matter Of Pierre Economacos, SEC Commissioner Hester M. Peirce, SEC Commissioner Mark T. Uyeda, Sept. 18, 2023

Date 18/09/2023

The Commission’s Order Instituting Proceedings finds that Respondent Pierre Economacos, a registered representative with 34 years of experience as a broker and an unblemished record, caused the Firm with which he is associated to violate Securities Exchange Act Section 17(a) and Exchange Act Rule 17a-8. In essence, the Order faults Respondent for lacking a sufficiently suspicious mind because—in the Order’s telling—certain transactions in a longstanding customer’s account triggered one or more “red flags” in the Firm’s anti-money laundering policies. We disagree that the Respondent acted unreasonably.

SD VISta Nature Framework Now Open For Public Consultation - Driving Finance To Activities That Can Help Achieve Critical Biodiversity Outcomes

Date 18/09/2023

Verra has opened up its Nature Framework for a first round of public consultation.

In support of the growing importance of sustainable management and conservation of nature, this asset methodology under Verra’s Sustainable Development Verified Impact Standard (SD VISta) Program aims to certify and incentivize widespread investment in measurable positive biodiversity outcomes benefiting nature and people.

JonesTrading Expands Healthcare Investment Banking Division With Addition Of Senior Leadership James O’Neill & Jack Terranova - Experienced Leadership Will Build On Recent Success

Date 18/09/2023

JonesTrading Institutional Services LLC (“JonesTrading” or “Jones”) announced today the hiring of industry veterans James O’Neill and Jack Terranova. Mr. O’Neill will serve as Managing Director, Co-Head of Investment Banking & Head of Healthcare ECM and Mr. Terranova will serve as Managing Director and Co-Head of Healthcare Investment Banking. Mr. O’Neill and Mr. Terranova each bring over fifteen years of experience and have collectively completed over 500 financings, raising over $20 billion over their careers.

SEC Charges Lyft With Failure To Disclose Board Member’s Financial Interest In Private Shareholder’s Pre-IPO Stock Transaction

Date 18/09/2023

The Securities and Exchange Commission today charged Lyft Inc. for failing to disclose a company board director’s role in a shareholder’s sale of approximately $424 million worth of private shares of Lyft’s stock prior to the company’s initial public offering (IPO).

Registration Is Open: Join The 7th ACER REMIT Forum (5 December 2023)

Date 18/09/2023

ACER invites you to the 7^th REMIT (Regulation on Wholesale Energy Market Integrity and Transparency) Forum – REMIT II: Improving integrity and transparency in wholesale energy markets.