News Centre

FTX Debtors File Bidding Procedures Motion For Sale Of Four Businesses

Date 17/12/2022

FTX Trading Ltd. (d.b.a. FTX.com), and its affiliated debtors (together, the "FTX Debtors"), today announced that it has filed a motion with the Bankruptcy Court seeking approval of bidding procedures to conduct an orderly and efficient sales process of its Embed, LedgerX, FTX Japan and FTX Europe businesses. 

Statement Of Commodity Futures Trading Commission Chairman Rostin Behnam At The December 16, 2022 Financial Stability Oversight Council Meeting

Date 16/12/2022

“Madam Secretary, I appreciate the opportunity to thank you as Chair of the Financial Stability Oversight Council (FSOC), the FSOC Secretariat for all of their work in preparation for today, and my colleagues on this year’s effort to complete the 2022 Annual Report.  I am happy to support the FSOC 2022 Annual Report."

Ontario Securities Commission Seeks Applications For The Securities Proceedings Advisory Committee

Date 16/12/2022

The Ontario Securities Commission is seeking applications for membership to the Securities Proceedings Advisory Committee (SPAC).

Prepared Remarks Before The Financial Stability Oversight Council: LIBOR, SEC Chair Gary Gensler, Washington D.C., Dec. 16, 2022

Date 16/12/2022

Thank you, Secretary Yellen. Last year, when this Council previously discussed the London Interbank Offered Rate (LIBOR), I referenced an important figure in the annals of economic theory: the fairy tale author Hans Christian Andersen.

IMF Executive Board Concludes 2022 Review Of The Safeguards Assessments Policy

Date 16/12/2022

On December 7, 2022, the Executive Board of the International Monetary Fund (IMF) concluded a periodic review of the safeguards assessments policy. The review covered experience with the policy since the last review in 2015, and included a staff paper, Safeguards Assessments – 2022 Review of Experience , and an independent report by an external panel of experts, Safeguards Assessments – 2022 External Expert Panel’s Advisory Report . The safeguards assessments policy’s main objective is to minimize the possibility of misreporting of information under IMF lending arrangements and misuse of IMF resources.

Ontario Securities Commission Announces New Registrant Advisory Committee Members

Date 16/12/2022

The Ontario Securities Commission (OSC) announced today the membership of the Registrant Advisory Committee (RAC) for the 2023-2024 term. The RAC serves as a forum to discuss issues and challenges faced by registrants in interpreting and complying with Ontario securities law, including registration and compliance related matters. 

US Acting Comptroller Of The Currency Provides Statements At Financial Stability Oversight Council Meeting

Date 16/12/2022

Acting Comptroller of the Currency Michael J. Hsu today provided  statements at the Financial Stability Oversight Council (FSOC) meeting with respect to climate-related financial risk and the FSOC annual report.

SIFMA Welcomes Introduction Of The E-delivery Legislation

Date 16/12/2022

SIFMA today issued the following statement from president and CEO Kenneth E. Bentsen, Jr. on the introduction of legislation – “Improving Disclosure for Investors Act of 2022″- that would direct the SEC to promulgate rules that would expand access to electronic delivery of certain required financial disclosures:

“The time has come – and arguably is overdue – to implement electronic delivery as the default means for delivering investor communications, while giving investors the power to choose paper delivery if preferred. According to a recent survey, a large majority of retail investors regardless of income or age, want e-delivery for its environmental benefits, speed, and convenience. SIFMA commends Rep. Bill Huizenga (R-MI) and Rep. Jake Auchincloss (D-MA) for introducing this important legislation that builds on the progress of implementing an e-delivery framework suitable for the 21st century.”

Nadex Temporarily Amends Binary Contracts Strike Width

Date 16/12/2022

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.6(d) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) hereby provides notice that due to increased or decreased volatility, as the case may be, in the underlying markets upon which the Nadex contracts are based, Nadex made changes to the strike widths of various contracts during the week of December 12, 2022 as indicated in the Weekly Notice.

SEC Small Business Advocacy Office Releases Annual Report On Capital Raising

Date 16/12/2022

The Securities and Exchange Commission’s Office of the Advocate for Small Business Capital Formation issued its 2022 Annual Report  to Congress and the Commission. The report details how entrepreneurs and investors are building companies together, from startups to small public companies.