News Centre

ISDA Comment Letter On Safeguarding Advisory Client Assets

Date 19/05/2023

On May 8, 2023, ISDA submitted a comment letter on the SEC’s proposed rules for safeguarding advisory client assets.

CFTC Commitments Of Traders Reports Update

Date 19/05/2023

The current reports for the week of May 16, 2023 are now available. Report data is also available in the CFTC Public Reporting Environment (PRE), which allows users to search, filter, customize and download report data.

US Federal Agencies Issue Host State Loan-To-Deposit Ratios

Date 19/05/2023

Federal bank regulatory agencies today issued the host state loan-to-deposit ratios that are used to evaluate compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. These ratios replace those from June 2022.

US Department Of Justice: Man Charged For Alleged Participation In $45m CoinDeal Investment Fraud Scheme Involving Over 10,000 Victims

Date 19/05/2023

A Nevada man has been charged for his alleged participation in CoinDeal, an investment fraud scheme that defrauded more than 10,000 victims of over $45 million.

Nigerian Exchange Weekly Market Report For May 19th, 2023

Date 19/05/2023

A total turnover of 3.029 billion shares worth N33.626 billion in 29,505 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 3.602 billion shares valued at N36.451 billion that exchanged hands last week in 27,801 deals.

Mellissa Campbell Duru Named Division Of Corporation Finance’s Deputy Director For Legal And Regulatory Policy

Date 19/05/2023

The Securities and Exchange Commission today announced that Mellissa Campbell Duru has been named Deputy Director for Legal and Regulatory Policy in the Division of Corporation Finance. Ms. Duru most recently was a Special Counsel at Covington & Burling LLP and previously spent more than 15 years in various SEC roles. 

Corrected: CFTC Commissioner Goldsmith Romero To Participate In Fireside Chat At The New York City Bar’s White Collar Crime Institute

Date 19/05/2023

MIAX Completes Acquisition Of LedgerX From FTX Debtors

Date 19/05/2023

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 (MGEXTM), The Bermuda Stock Exchange (BSX), and Dorman Trading LLC, today announced that it has completed its acquisition of LedgerX LLC (LedgerX) from Ledger Holdings Inc. in connection with the bankruptcy proceedings of FTX Trading Ltd. and its affiliated debtors.

BIS: Disinflation Milestones

Date 19/05/2023

Key takeaways

• Insights into how the incomes of workers and firms absorb the disinflation burden in the euro area and the United States can be gained by decomposing changes in the GDP deflator into its underlying components.

• Nominal wage increases of 4–5% in the euro area and 3–4% in the United States this year and next year are compatible with bringing inflation within reach of 2% by end-2024, provided that import price growth slows and profit margins stabilise or slightly shrink.

• From a historical perspective, the 2023–24 disinflation path for prices and nominal wages is within the range of past disinflation episodes in both economies, although it remains uncertain how price and wage setters will react to the above-target inflation from 2021 onwards.

“Honest And Unbiased Investment Management”: Remarks Before The Inaugural Conference On Emerging Trends In Asset Management, SEC Chair Gary Gensler Washington D.C., May 19, 2023

Date 19/05/2023

Thank you for that introduction, William. I am pleased to welcome everyone to the Division of Investment Management’s inaugural Conference on Emerging Trends in Asset Management.