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Modernizing Share Repurchase Disclosures, SEC Commissioner Jaime Lizárraga, May 3, 2023

Date 03/05/2023

Today, the Commission takes action to provide investors with the quantitative and qualitative information they need to better evaluate the impacts of repurchases on an issuer’s share price, as well as other key reforms in this space.

Statement On The Final Rule: Share Repurchase Disclosure Modernization, SEC Commissioner Mark T. Uyeda, May 3, 2023

Date 03/05/2023

Thank you, Chair Gensler. Today’s amendments will significantly alter the quantitative and qualitative disclosure requirements for share repurchases. However, in the future, these amendments may be remembered as the beginning of the end for the Commission’s approach to foreign private issuers (“FPIs”). For more than 55 years, the Commission has allowed FPIs to satisfy their Exchange Act reporting requirements by (1) filing an annual report with information comparable to disclosure provided by domestic companies and (2) furnishing a Form 6-K for any material information disclosed by the FPI under its home country laws, reported pursuant to stock exchange requirements, or provided to its shareholders. Today’s amendments will require FPIs to make quarterly filings to report share repurchases regardless of their home country’s disclosure requirements. This change fundamentally upends the Commission’s long-standing and bipartisan approach of largely deferring to the disclosures made by FPIs pursuant to their home country reporting requirements. Given the significance of this shift in regulatory philosophy, the Commission should have undertaken a separate rulemaking on the issue, instead of including this change as part of a rulemaking focused on share repurchase disclosure.

Statement On Form PF, SEC Chair Gary Gensler, May 3, 2023

Date 03/05/2023

Today, the Commission considers adopting a final rule amending Form PF, an important tool that the Commission uses to oversee private fund advisers. I am pleased to support the amendments because they will improve visibility into private funds, helping protect investors and promote financial stability.

Statement On Share Repurchase Disclosure Modernization, SEC Chair Gary Gensler, May 3, 2023

Date 03/05/2023

Today, the Commission considers adopting a final rule to enhance the disclosures related to share buybacks. I support this final rule because it will increase the transparency and integrity of this significant means by which issuers transact in their own securities.

Moscow Exchange Trading Volumes In April 2023

Date 03/05/2023

In April 2023, total trading volume across Moscow Exchange’s markets increased 2.6% to reach RUB 90.3 trln (RUB 88.0 trln in April 2022). All comparisons below are versus April 2022.

SEC Adopts Amendments To Modernize Share Repurchase Disclosure

Date 03/05/2023

The Securities and Exchange Commission today adopted amendments to modernize the disclosure requirements relating to repurchases of an issuer’s equity securities, including requiring issuers to provide daily repurchase activity on a quarterly or semi-annual basis, depending on the type of issuer. The amendments will improve disclosure and provide investors with enhanced information to assess the purposes and effects of share repurchases.

FTS Software Inc Joins Information Publishing Inc Group

Date 03/05/2023

Information Publishing Inc (IPI), the parent company of Financial Information Incorporated and Exchange Data International, is happy to announce that FTS Software, Inc. (www.ftssoftware.net) has joined its group of company affiliates.

BIS - Dampening Global Financial Shocks: Can Macroprudential Regulation Help (More Than Capital Controls)?

Date 03/05/2023

Summary

Focus

Fluctuations in global financial markets can severely destabilise emerging market economies (EMEs). The academic and policy debate on enhancing their resilience has focused on the role of capital controls and foreign exchange intervention because these tools directly target international financial transactions. In this paper, we provide a different perspective by asking whether EMEs might also rely on macroprudential regulation to protect themselves against global financial shocks.

London Metal Exchange: Disciplinary Action Sucden Financial Limited

Date 03/05/2023

This Notice records a settlement between The London Metal Exchange (the “LME”) and Category 1 Member Sucden Financial Limited (“SFL”) which includes a financial penalty of £100,000.

Regnology Acquires Metadata Technology - Latest Acquisition Enhances Regnology’s Technology Offering For Regulators With SDMX Solutions For Central Banks And Statistical Agencies

Date 03/05/2023

Regnology, a leading software provider with a focus on regulatory reporting solutions, announces today the acquisition of Metadata Technology (Metadata), a UK-based provider of Statistical Data and Metadata eXchange (SDMX) solutions for central banks and national statistics authorities.