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SEC Shuts Down WeedGenics $60 Million Cannabis Offering Fraud

Date 23/05/2023

The Securities and Exchange Commission obtained an emergency order to halt an alleged ongoing offering fraud and Ponzi-like scheme by Integrated National Resources Inc. (INR), which does business as WeedGenics, and its owners, Rolf Max Hirschmann and Patrick Earl Williams, who have raised more than $60 million from investors to expand their cannabis operations, but have instead used the majority of funds to make $16.2 million in Ponzi-like payments and to enrich themselves.
US Acting Comptroller Of The Currency Discusses Financial Inclusion

Date 23/05/2023

Acting Comptroller of the Currency Michael J. Hsu today discussed the Office of the Comptroller of the Currency’s (OCC) commitment to a fair and inclusive financial system in remarks at the Bank On National Conference.
FSB Europe Group Discusses Risks To Financial Stability, Including Recent Banking Sector Stress, DeFi And Climate Change

Date 23/05/2023

The Financial Stability Board (FSB) Regional Consultative Group for Europe met today in London. The group discussed global and regional financial market developments and financial stability risks arising from decentralised finance (DeFi) and from climate change.
CME Group: Open Interest Across WTI-Linked Futures Surpasses 500,000 As Global Significance Of U.S. Oil Grows

Date 23/05/2023

CME Group, the world's leading derivatives marketplace, today announced that open interest across its suite of WTI-linked futures, which include WTI Houston (HTT), WTI Midland (WTT) and Mars (YV) spread futures contracts, surpassed 500,000 contracts on Friday, May 19, 2023. Average daily open interest in the Argus-settled contracts has also increased 49% year-to-date as the inclusion of U.S. oil into the Dated Brent pricing mechanism begins.
BOX Options Market: June Fee Changes

Date 23/05/2023

Effective June 1, 2023, BOX Options Market LLC (“BOX”) is making the following changes to the BOX Fee Schedule:

ESAs Publish Joint Annual Report For 2022

Date 23/05/2023

The Joint Committee of the European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) today published its 2022 Annual Report, which provides an account of its joint work completed over the past year.
France To Continue Fostering Economic, Investment Ties With Nigeria - Eyes More Companies’ Listings On NGX

Date 23/05/2023

In a bid to promote trade between France and Nigeria, the French Government has said it will continue fostering economic and investment ties with Nigeria.
ESMA Seeks Input On Rules For Long Term Investment Funds

Date 23/05/2023

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is consulting on draft regulatory technical standards (RTS) under the revised ELTIF Regulation. Interested stakeholders are invited to provide input by 24 August 2023.
Nasdaq Announces Semi-Annual Changes To The OMX Helsinki Benchmark Index

Date 23/05/2023

Nasdaq (Nasdaq: NDAQ) announced today the results of the semi-annual review of the OMX Helsinki Benchmark Index, (Nasdaq Helsinki: OMXHB), which will become effective at market open on Thursday, June 1, 2023.
Nasdaq Announces Semi-Annual Changes Yo OMX Stockholm Benchmark Index

Date 23/05/2023

Nasdaq (Nasdaq: NDAQ) announced today the results of the semi-annual review of the OMX Stockholm Benchmark Index, (Nasdaq Stockholm: OMXSB), which will become effective at market open on Thursday, June 1, 2023.