News Centre

CFTC Staff Extends No-Action Position for Certain Reporting Obligations Under the Ownership and Control Reports Final Rule

Date 22/09/2023

The Commodity Futures Trading Commission’s Division of Market Oversight (DMO) today issued a no-action letter that extends the current no-action position for reporting obligations under the ownership and control reports final rule (OCR Final Rule). The OCR Final Rule, approved in 2013, requires the electronic submission of trader identification and market participant data.

Nigerian Exchange Weekly Market Report For September 22nd, 2023

Date 22/09/2023

A total turnover of 3.911 billion shares worth N30.379 billion in 38,536 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 2.933 billion shares valued at N47.449 billion that exchanged hands last week in 44,654 deals.

SIX: Extraordinary Index Adjustments

Date 22/09/2023

On the occasion of the announced spin-off of Sandoz Group AG from Novartis AG, SIX is carrying out an extraordinary index adjustment for the SLI®, SMIM®, SPI®, SXI Special Industry indices and sub-indices. The affected indices will be adjusted as of 4th or 5th October 2023 (indicative dates).

CFTC Orders California Resident To Pay $300,000 For A Fictitious Sales Scheme

Date 22/09/2023

The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Jie “Elaine” Yu of Irvine, California, for engaging in a fictitious sales scheme. The order requires Yu to pay a $300,000 civil monetary penalty, cease and desist from further violations of the Commodity Exchange Act (CEA) and CFTC regulations, as charged, and it imposes six-month trading and registration bans.

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.