News Centre

Federal Reserve Board Announces That The Review Of The Supervision And Regulation Of Silicon Valley Bank, Led By Vice Chair For Supervision Barr, Will Be Released On Friday, April 28, At 11:00 A.M. ET

Date 25/04/2023

The Federal Reserve Board on Tuesday announced that the review of the supervision and regulation of Silicon Valley Bank, led by Vice Chair for Supervision Michael S. Barr, will be released on Friday, April 28, at 11:00 a.m. ET.

NYSE Group Consolidated Short Interest Report

Date 25/04/2023

NYSE today reported short interest as of the close of business on the settlement date of April 14, 2023.

CFTC Charges Precious Metals Dealers And Their Owner In Multimillion Dollar Fraud Targeting The Elderly

Date 25/04/2023

The Commodity Futures Trading Commission announced today it has filed a civil enforcement action in the U.S. District Court for the Eastern District of New York against two affiliated precious metals dealers located in Los Angeles, California, Fisher Capital LLC and AMS Consulting Solutions LLC d/b/a Fisher Capital (collectively Fisher Capital), and Fisher Capital’s principal, Alexander Spellane a/k/a Alexander Overlie, for perpetrating a precious metals investment fraud targeting elderly persons nationwide. The complaint charges defendants with defrauding hundreds of elderly persons into investing more than $30 million in gold and silver coins worth far less than the defendants led victims to believe.

CFTC Commissioner Pham To Speak At California Digital Assets Week

Date 25/04/2023

Nasdaq Announces Mid-Month Open Short Interest Positions In Nasdaq Stocks As Of Settlement Date April 14, 2023

Date 25/04/2023

At the end of the settlement date of April 14, 2023, short interest in 3,408 Nasdaq Global Market^SM securities totaled 10,642,155,793 shares compared with 10,672,927,941 shares in 3,429 Global Market issues reported for the prior settlement date of March 31, 2023. The mid-April short interest represents 3.13 days compared with 2.68 days for the prior reporting period.

Miami International Holdings Announces Execution Of Purchase Agreement To Acquire LedgerX

Date 25/04/2023

Miami International Holdings, Inc. (MIH), owner of Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), Minneapolis Grain Exchange, LLC (MGEX™), The Bermuda Stock Exchange (BSX), and Dorman Trading LLC, today announced that it has entered into a purchase agreement (the Purchase Agreement) to acquire all of the issued and outstanding membership interests of LedgerX, LLC (LedgerX) from Ledger Holdings, Inc. (LHI) in connection with the bankruptcy proceedings involving FTX Trading Ltd. and certain of its affiliated entities, pursuant to which LHI is a party.

US Treasury Announces $508 Million Settlement With British American Tobacco Largest Ever Against Non-Financial Institution - Half-Billion Dollar Fine Issued For Apparent Violations Of North Korea And WMD Sanctions

Date 25/04/2023

Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced a $508 million settlement agreement with London-headquartered British American Tobacco p.l.c. (BAT) to resolve its apparent violations of U.S. sanctions on the Democratic People’s Republic of Korea (DPRK) and proliferators of weapons of mass destruction (WMD). This settlement is OFAC’s largest ever with a non-financial institution and reflects the statutory maximum penalty.

United States Obtains $629 Million Settlement With British American Tobacco To Resolve Illegal Sales To North Korea, Charges Facilitators In Illicit Tobacco Trade - Cases Part Of Greater Disruption Effort To Combat Funding Of North Korean Nuclear Program And Counter Nation-State Threats

Date 25/04/2023

British American Tobacco (BAT) and its subsidiary, BAT Marketing Singapore (BATMS), one of the world’s largest manufacturers of tobacco products based in the United Kingdom, has agreed to pay combined penalties of more than $629 million to resolve bank fraud and sanctions violations charges with U.S. authorities, arising out of the companies’ scheme to do business in North Korea through a third-party company in Singapore, in violation of the bank fraud statute and the International Emergency Economic Powers Act (IEEPA). Separately, charges were unsealed today in the District of Columbia against a North Korean banker and Chinese facilitators for their roles in facilitating the illicit sale of tobacco products in North Korea.

Illicit Finance And Other Key Risks Of Digital Assets: Keynote At City Week 2023 - CFTC Commissioner Christy Goldsmith Romero In London

Date 25/04/2023

Thank you to the Organising Partners and Patrons for the invitation to speak here at City Week on key risks of digital assets.

Nigerian Exchange, Ecobank Transnational Incorporated Mull Partnership On Sustainability, Market Development

Date 25/04/2023

Nigerian Exchange Limited (NGX) and Ecobank Transnational Incorporated (ETI) have expressed mutual interest in partnering on sustainability initiatives and overall market development.