News Centre

Remarks By US Secretary Of The Treasury Janet L. Yellen At Bilateral Meeting With The President of the Republic Of Zambia Hakainde Hichilema

Date 15/12/2022

I am pleased to welcome President Hichilema and the Zambian delegation, who are in Washington for the African Leaders Summit.

New FINRA Foundation Research Examines Changing Investor Demographics, Preferences And Attitudes

Date 15/12/2022

• One in Five Investors Started Investing Recently

• Younger Investors More Comfortable with Risky Investments

• One Third of Investors Open to Cryptocurrencies

Canadian Securities Administrators Publishes 2022 Systemic Risk Survey Results

Date 15/12/2022

The Canadian Securities Administrators (CSA) today published results of its first annual systemic risk survey, which was conducted last fall to solicit views on financial risks from market participants.

US Office Of The Comptroller Of the Currency Reports Improvement In Overall Mortgage Performance

Date 15/12/2022

The Office of the Comptroller of the Currency (OCC) reported that the performance of first-lien mortgages in the federal banking system improved during the third quarter of 2022.

CFTC Charges Commodity Pool Operators And Their Co-Chief Investment Officer With Deception And Manipulation In Connection With Swaps And Supervision Failures

Date 15/12/2022

The Commodity Futures Trading Commission today filed a civil enforcement action in the U.S. District Court for the Southern District of New York against Glen Point Capital Advisors LP and Glen Point Capital LLP (collectively, Glen Point Capital), two CFTC-registered commodity pool operators, and their Co-Founder and Co-Chief Investment Officer, Neil Phillips, charging them with engaging in a deceptive and manipulative scheme to illegally trigger payouts on two large binary option contracts. Additionally, the defendants are charged with failing to supervise the trading activities of their officers, employees,

Canadian Securities Regulators Outline Steps To Support Transition To T+1

Date 15/12/2022

The Canadian Securities Administrators (CSA) today published for comment proposed rule amendments to National Instrument 24-101 Institutional Trade Matching and Settlement (NI 24-101) to support the transition from a two-day Canadian trade settlement cycle to a one-day settlement cycle.

Statement On PCAOB’s Determinations Regarding Public Accounting Firms In China, SEC Chair Gary Gensler, Dec. 15, 2022

Date 15/12/2022

Today, the Public Company Accounting Oversight Board (PCAOB) announced that it was able, in 2022, to inspect and investigate completely issuer audit engagements of PCAOB-registered public accounting firms headquartered in China and Hong Kong. This marks the first time that Chinese authorities allowed access for complete inspections and investigations meeting U.S. standards, as required under the Sarbanes-Oxley Act.

Statement On PCAOB’s Determinations Regarding Public Accounting Firms In China And Hong Kong, SEC Commissioner Jaime Lizárraga, Dec. 15, 2022

Date 15/12/2022

The Public Company Accounting Oversight Board’s (PCAOB) successful inspection and investigation of PCAOB-registered public accounting firms in China and Hong Kong is a positive development, but routine compliance with our laws shouldn’t be newsworthy. It is concerning that it took more than 15 years and an act of Congress to secure full compliance with the most fundamental accountability requirements of the Sarbanes-Oxley Act.

The Updated Coefficients For Moscow Exchange Indices To Come Into Force

Date 15/12/2022

The following coefficients for Moscow Exchange indices come into force from December 16, 2022:

Crypto Winter Has Not Frozen Demand From High Net Worth Investors - According To 537 US Financial Advisors - Report From Coalition Greenwich Details How Financial Advisors Are Navigating Recent Adverse Industry Events To Meet Growing Client Demand

Date 15/12/2022

Talos, the premier provider of institutional digital asset trading technology, today released survey findings from Coalition Greenwich revealing that US Financial Advisors (FAs) are fielding significantly increased demand from investors for digital assets despite the current crypto winter. Conducted in partnership with Talos, the survey reported that 92% of mass affluent and high net worth (HNW) clients are asking for access to digital assets for inclusion in their portfolios. Among the 537 FAs surveyed, 30% responded that they already have or plan to recommend specific digital asset investment products within the next three months.