News Centre

US Federal Agencies Announce Public Meeting On Proposed Bank Of Montreal Acquisition Of BancWest Holding Inc. And Bank Of The West; Public Comment Period Extended

Date 17/05/2022

The Federal Reserve Board and the Office of the Comptroller of the Currency (OCC) today announced a joint public meeting on the proposal by Bank of Montreal, Montreal, Canada, and BMO Harris Bank National Association, Chicago, Illinois, to acquire BancWest Holding Inc. and Bank of the West, both of San Francisco, California.

Votes For CalPERS Board Election Counted On Thursday

Date 17/05/2022

All voted ballots will be tabulated on Thursday, May 19, for the Public Agency seat on the CalPERS Board of Administration.

Testimony At Hearing Before The Subcommittee On Financial Services And General Government U.S. House Appropriations Committee, SEC Chair Gary Gensler, Washington D.C., May 17, 2022

Date 17/05/2022

Good morning, Chairman Quigley, Ranking Member Womack, and members of the Subcommittee. I’m honored to appear before you for the second time as Chair of the Securities and Exchange Commission. It is good to be here alongside Federal Trade Commission Chair Khan. As is customary, I’d like to note that my views are my own, and I am not speaking on behalf of my fellow Commissioners or the SEC staff.

CFTC Charges Florida Man And His Two Entities For Operating A $3.4 Million Commodity Futures Fraud

Date 17/05/2022

The Commodity Futures Trading Commission today filed a civil enforcement action in the U.S. District Court for the Southern District of Florida against Damian Castilla and his companies, DCAST Capital Investments LLC and Five Traders LLC, all of Miami, Florida, alleging that from January 2014 through the present, Castilla and his companies defrauded at least 50 pool participants of approximately $3.4 million through commodity pools that purported to trade commodity futures. 

MIAX Exchange Group - Options Exchanges - Rollback Of Certain May 1st Non-Transaction Fee Changes

Date 17/05/2022

On May 11, 2022, the Securities and Exchange Commission suspended certain non-transaction fee changes for MIAX Options, MIAX Pearl Options, and MIAX Emerald Options.  As a result, the below non-transaction fee changes that were refiled for May 1st effectiveness were rolled back on May 12, 2022:

CFTC Commissioner Johnson To Participate On A Panel Discussion At The Managed Funds Association’s Annual Legal And Compliance Conference

Date 17/05/2022

US Department Of Justice: Three Portfolio Managers And Allianz Global Investors U.S. Charged In Connection With Multibillion-Dollar Fraud Scheme - Gregoire Tournant, Chief Investment Officer Of Allianz Global Investors U.S.’S Structured Products Group, And Two Others Charged With Fraud Offenses - Allianz Global Investors U.S. LLC Also Charged With Securities Fraud, Agrees To Plead Guilty

Date 17/05/2022

An indictment was unsealed today in the Southern District of New York charging Gregoire Tournant, the Chief Investment Officer and co-lead Portfolio Manager for a series of private investment funds managed by Allianz Global Investors U.S. LLC (AGI), with securities fraud, investment adviser fraud and obstruction of justice offenses in connection with a scheme to defraud investors. Those funds ultimately collapsed, leading to billions of dollars of investor losses. Tournant surrendered to Postal Inspectors in Denver, Colorado, this morning and is expected to be presented later today. The case has been assigned to U.S District Court Judge Laura Taylor Swain.

“Investor Protection In A Digital Age," Remarks Before The 2022 NASAA Spring Meeting & Public Policy Symposium, SEC Chair Gary Gensler, Washington D.C., May 17, 2022

Date 17/05/2022

Thank you, Melanie. My thanks to the state securities regulators in the audience and to the North American Securities Administrators Association (NASAA) for your vital work to protect investors.

FTC Announces Advisory Committee Sponsorships

Date 17/05/2022

The Commodity Futures Trading Commission today announced the sponsorships of the agency’s advisory committees. Commissioner Kristin N. Johnson will sponsor the Market Risk Advisory Committee; Commissioner Christy Goldsmith Romero will sponsor the Technology Advisory Committee; Commissioner Summer Mersinger will sponsor the Energy and Environmental Markets Advisory Committee; Commissioner Caroline D. Pham will sponsor the Global Markets Advisory Committee; and Chairman Rostin Behnam will sponsor the Agriculture Advisory Committee.

Euronext Publishes Q1 2022 Results - Strong Performance Driven By Growth In Non-Volume Related Business And In Trading Activities, Cost Control And Integration Of The Borsa Italiana Group. 2022 Cost Guidance Upgraded

Date 17/05/2022

Euronext, the leading pan-European market infrastructure, today publishes its results for the first quarter 2022.