News Centre

SEC Charges The Hydrogen Technology Corp. And Its Former CEO For Market Manipulation Of Crypto Asset Securities - CEO Of Hydrogen’s “Market Maker” lso Being Charged For Role In Scheme

Date 28/09/2022

The Securities and Exchange Commission today announced charges against The Hydrogen Technology Corporation, its former CEO, Michael Ross Kane, and Tyler Ostern, the CEO of Moonwalkers Trading Limited, a self-described “market making” firm, for their roles in effectuating the unregistered offers and sales of crypto asset securities called “Hydro” and for perpetrating a scheme to manipulate the trading volume and price of those securities, which yielded more than $2 million for Hydrogen.

Ontario Securities Commission Announces Education And Outreach Activities For World Investor Week And Investor Education Month

Date 28/09/2022

The Ontario Securities Commission (OSC) today announced its suite of education and outreach activities to help people make informed financial decisions as part of October’s Investor Education Month.

Federal Reserve Board Finalizes Supervisory Framework For Insurance Organizations That Are Overseen By The Board

Date 28/09/2022

The Federal Reserve Board on Wednesday finalized a supervisory framework for insurance organizations that are overseen by the Board. The final framework is substantially similar to the proposal made earlier this year.

Opening Statement Of CFTC Commissioner Caroline D. Pham Before The Market Risk Advisory Committee

Date 28/09/2022

Good morning. It is a pleasure to join you at today’s MRAC meeting.

EBA Publishes Guidelines On Transferability To Support The Resolvability Assessment For Transfer Strategies

Date 28/09/2022

The European Banking Authority (EBA) today published its final Guidelines on transferability to support the resolvability assessment for transfer strategies. In particular, the guidelines on transferability provide guidance relating to (i) the definition of the transfer perimeter and (ii) the steps to operationalise the implementation of the transfer. The transferability Guidelines complement the resolvability Guidelines, which were published on 13 January 2022.  Institutions and resolution authorities should comply with these Guidelines in full by 1 January 2024.

ISDA Commentary On Pre-trade Transparency In MIFIR

Date 28/09/2022

On 16 September, 2022, ISDA finalized a paper on the pre-trade transparency requirements for derivatives under the Markets in Financial Instruments Regulation (MIFIR) following the European Parliament’s draft report on the review of the revised Markets in Financial Instruments Directive/MIFIR. ISDA supports Danuta Huebner’s suggested deletion of the pre-trade transparency requirements for on-venue request-for-quotation and voice trading.

Votes For CalPERS Board Special Retired Member Election Counted On Thursday

Date 28/09/2022

All voted ballots will be tabulated on Thursday, September 29, for the open retiree seat on the CalPERS Board of Administration.

Opening Statement Of CFTC Commissioner Kristin N. Johnson Before The Market Risk Advisory Committee Meeting

Date 28/09/2022

Introduction

Good morning and welcome to the first Market Risk Advisory Committee (MRAC) meeting of 2022.  It is an honor to sponsor this Committee.  The work of the MRAC and the other Commodity Futures Trading Commission (CFTC or Commission) Advisory Committees is critical to the development of the CFTC’s regulations and policies, industry best practice standards, and registrants’ independently developed internal compliance systems and controls.  This work influences approaches adopted by fellow U.S. regulatory agencies as well as standards embraced by regulators around the world.

MIAX Exchange Group - Options & Equities Markets - 2nd Reminder: Reg SCI / SIFMA BCP Testing On Saturday, October 15, 2022

Date 28/09/2022

Overview:

As previously announced in the April 19, 2022, and September 19, 2022 Alerts, the MIAX Exchange Group will be participating in the 2022 SIFMA BCP Testing on Saturday, October 15, 2022.  All Members that are required to test with MIAX Options, MIAX Pearl Options, MIAX Emerald Options and/or MIAX Pearl Equities Exchanges in accordance with Regulation Systems Compliance and Integrity (Regulation SCI) were notified on April 5, 2022.  However, all Members are encouraged to test. 

Statement Of CFTC Commissioner Christy Goldsmith Romero Before The Market Risk Advisory Committee - Promoting Market Resilience

Date 28/09/2022

I am pleased to join you for this inaugural meeting of the renewed Market Risk Advisory Committee (MRAC).  I want to thank Commissioner Johnson, as well as Bruce Fekrat, for bringing us together to discuss market risk issues.  I have met with many members of this committee to discuss the issues they face.  I look forward to the presentations, which address important issues, including clearinghouse governance, benchmark rate reforms, climate-change-related risks, and emerging future-of-finance issues, that I have recently discussed in statements and remarks.