News Centre

SEC Charges 18 Defendants In International Scheme To Manipulate Stocks Using Hacked US Brokerage Accounts

Date 15/08/2022

The Securities and Exchange Commission today charged 18 individuals and entities for their roles in a fraudulent scheme in which dozens of online retail brokerage accounts were hacked and improperly used to purchase microcap stocks to manipulate the price and trading volume of those stocks. Those charged include Rahim Mohamed of Alberta, Canada, who is alleged to have coordinated the hacking attacks, and several others in and outside the U.S. who allegedly benefited from or participated in the scheme.

MIAX: Notice Of Filing Of A Proposed Rule Change To Amend The Codes Of Arbitration Procedure To Modify The Current Process Relating To The Expungement Of Customer Dispute Information

Date 15/08/2022

FINRA is proposing to amend the Code of Arbitration Procedure for Customer Disputes and the Code of Arbitration Procedure for Industry Disputes to modify the current process relating to the expungement of customer dispute information.

US Treasury International Capital Data For June

Date 15/08/2022

The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for June 2022.  The next release, which will report on data for July, is scheduled for September 16, 2022.

CFTC Swaps Report Update

Date 15/08/2022

CFTC's Weekly Swaps Report has been updated, and is now available.

Federal Reserve Board Announces Final Guidelines That Establish A Transparent, Risk-Based, And Consistent Set Of Factors For Reserve Banks To Use In Reviewing Requests To Access Federal Reserve Accounts And Payment Services

Date 15/08/2022

The Federal Reserve Board on Monday announced final guidelines that establish a transparent, risk-based, and consistent set of factors for Reserve Banks to use in reviewing requests to access Federal Reserve accounts and payment services. The final guidelines are substantially similar to those proposed by the Board in its May 2021 proposal and March 2022 supplemental proposal.

SEC Names Monique Winkler As Regional Director Of San Francisco Office

Date 15/08/2022

The Securities and Exchange Commission today announced that Monique C. Winkler has been named Regional Director of the San Francisco Regional Office. Ms. Winkler has served as the office’s Acting Regional Director since March 2022 and as the Associate Regional Director for Enforcement in the San Francisco Regional Office since 2019.

Canadian Securities Regulators Expect Commitments From Crypto Trading Platforms Pursuing Registration

Date 15/08/2022

The Canadian Securities Administrators (CSA) is providing an important update to crypto trading platforms that continue to operate in Canada while they take steps to comply with applicable securities legislation.

SEC Names Nicholas Grippo As Regional Director Of Philadelphia Office

Date 15/08/2022

The Securities and Exchange Commission today announced that Nicholas P. Grippo has been named Regional Director of the Philadelphia Regional Office, effective September 12, 2022. Mr. Grippo currently serves as Chief of the Criminal Division for the U.S. Attorney’s Office for the District of New Jersey (USAO) where he supervises approximately 120 prosecutors and support staff.

ETFGI Reports Global ETFs Industry Gathered Net Inflows Of 42.46 Billion US Dollars During July 2022

Date 15/08/2022

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today global ETFs industry gathered net inflows of US$42.46 billion during July, bringing year-to-date net inflows to US$505.79 billion. During July 2022, assets invested globally in the ETF/ETP industry increased by 5.9%, from US$8.86 trillion at the end of June to US$9.37 trillion, according to ETFGI's July 2022 global ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Pursuant To Obtaining The Approval Of The Securities And Commodities Authority: DFM Enables DGCX Brokerage Companies To Provide Derivatives Trading And Clearing Services For The First Time

Date 15/08/2022

• Hamed Ali: "A leading initiative as part of efforts to strengthen integration of Dubai’s financial and commodities markets’ ecosystem and unlock DFM’s numerous opportunities”
• Growing demand from DGCX brokers to provide their services in the DFM