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SEC Charges Rochester, NY, And City’s Former Executives And Municipal Advisor With Misleading Investors - City Sold $119 Million Of Bonds To Investors Without Disclosing Financial Distress

Date 14/06/2022

The Securities and Exchange Commission today charged the City of Rochester, New York, its former finance director Rosiland Brooks-Harris, and former Rochester City School District CFO Everton Sewell with misleading investors in a $119 million bond offering. The SEC also charged Rochester’s municipal advisor Capital Markets Advisors, LLC (CMA) and its principal Richard Ganci with misleading investors and breaching their fiduciary duty to Rochester.  CMA, Ganci and CMA co-principal Richard Tortora were also charged with failing to disclose conflicts to municipal clients.

CME Group Inc. Announces Second-Quarter 2022 Earnings Release, Conference Call

Date 14/06/2022

CME Group Inc. will announce earnings for the second quarter of 2022 before the markets open on Wednesday, July 27, 2022. Written highlights for the quarter will be posted on the company's website at 6:00 a.m. Central Time, the same time it provides its earnings press release. The company will also hold an investor conference call that day at 7:30 a.m. Central Time, at which time company executives will take analysts' questions. 

CFTC Commissioner Johnson To Participate On A Panel With Former SEC Chairman Jay Clayton At The Goldman Sachs Summer Digital Asset Conference

Date 14/06/2022

ISDA Responds To FASB On Exposure Draft

Date 14/06/2022

On June 6, 2022, ISDA submitted a comment letter to the Financial Accounting Standards Board (FASB) in response to its exposure draft (ED). In the letter, ISDA’s members highlighted their support of the proposals to defer the sunset date of topic 848 and clarify the definition of SOFR. ISDA’s members believe the ED achieves the FASB’s objective of easing the burden associated with accounting and disclosing during the transition to interbank offered rates, and identified several areas where the ED’s proposals could be further enhanced.

CFTC Commissioner Johnson To Deliver A Keynote Address At The 2022 CCP12 Annual General Meeting In Madrid

Date 14/06/2022

CFTC Commissioner Johnson To Serve As Keynote Speaker At Crypto Connection’s 2022 Conference

Date 14/06/2022

Testimony Of US Deputy Secretary Of The Treasury Wally Adeyemo Before The Subcommittee On Financial Services And General Government Committee On Appropriations, U.S Senate

Date 14/06/2022

Chairman Van Hollen, Ranking Member Hyde-Smith, and members of the Subcommittee, thank you for giving me the opportunity to speak with you today and to answer your questions. The events of the past six months in Ukraine have been tragic to witness and challenging to address for governments across the globe. Those challenges have been keenly felt by the Department of the Treasury, where our dedicated career staff have been working around the clock to combat Russia’s aggression. I want to start by thanking the Committee and Congress for the additional resources provided in the Ukraine supplemental appropriations packages and for having enacted the FY 2022 omnibus.

SEC Charges Private Equity Adviser For Failing To Disclose Disproportionate Expense Allocations To Fund

Date 14/06/2022

The Securities and Exchange Commission today charged New Jersey-based investment adviser Energy Capital Partners Management LP (ECP) with allocating undisclosed, disproportionate expenses to a private equity fund it advises. ECP agreed to pay a $1 million penalty to settle the SEC charges and has voluntarily paid back more than $3.3 million to the fund.

Canadian Securities Administrators Appoint New Chair And Vice-Chair

Date 14/06/2022

The Canadian Securities Administrators (CSA) today announced the appointment of Stan Magidson, Chair and CEO of the Alberta Securities Commission (ASC), as Chair of the CSA for a three-year term, effective July 1, 2022.

Vienna Stock Exchange Award 2022 Goes On Stage Again: AT&S First-Time Winner Of ATX Prize

Date 14/06/2022

• AT&S Austria Technologie & Systemtechnik AG wins ATX Award ahead of OMV AG and Wienerberger AG
• Three VÖNIX Sustainability Awards go to: Agrana-Beteiligungs AG, BKS Bank AG and UBM Development AG
• Erste Group Bank AG awarded 1st prize of the Journalist Award; Frequentis AG receives 1st prize in the Mid Cap category; VERBUND AG receives the Corporate Bond Award