News Centre

New Self-Regulatory Organization Of Canada Members Approve New Name

Date 24/04/2023

Members of New Self-Regulatory Organization of Canada (New SRO) approved the new name of the organization to Canadian Investment Regulatory Organization (CIRO).

US Department Of Justice: Five Individuals Charged In $2M Virtual Asset And Securities Manipulation Scheme

Date 24/04/2023

An indictment was unsealed today in Miami charging two U.S. citizens and a South African national with conspiring to manipulate the market for HYDRO, a virtual asset created by the Hydrogen Technology Corporation. Two other individuals were also charged in separate charging documents for their roles in the scheme filed in the Southern District of Florida.   

Capital On-Ramps: Remarks At The SEC’s 42nd Annual Small Business Forum – Exploring The Early-Stage Landscape: Trends And Strategies In Capital Raising, SEC Commissioner Hester M. Peirce, April 24, 2023

Date 24/04/2023

Good afternoon. Thank you to the Office of the Advocate for Small Business Capital Formation for hosting the 42nd Annual Small Business Forum and to our panelists for participating. I am excited for this forum and today’s discussion on early-stage companies. My views are my own and not necessarily those of the SEC or my fellow Commissioners.

CFTC Chairman Behnam To Participate In A Fireside Chat At The Milken Institute’s 2023 Global Conference

Date 24/04/2023

CFTC Commissioner Pham To Speak At The 2023 Milken Institute Global Conference

Date 24/04/2023

FIA: March 2023 SEF Tracker

Date 24/04/2023

Trading volume on swap execution facilities reached $1.28 trillion in average notional value per day during March 2023. This was up 16.3% from the previous month and up 12.6% from the same month of the previous year. Trading hit a record in every sector except for FRA trading.

ISDA derivatiViews: Responding To Market Stress

Date 24/04/2023

Recent banking failures in the US and the acquisition of Credit Suisse by UBS are the latest in a series of stress events to have rocked financial markets, which includes the March 2020 dash for cash and the September 2022 UK liability driven investment (LDI) crisis. In the case of Silicon Valley Bank, the collapse appears to have been caused by risk management failures combined with a high interest rate environment. In other cases, such as the dash for cash and the LDI crisis, extreme market volatility caused a liquidity crunch and widespread selling of assets, disrupting the functioning of core markets like US Treasuries and gilts. It’s prompted regulators and market participants to think hard about how to mitigate the impact of future events, and ISDA is feeding into that work in several key areas.

Prepared Remarks Before The 2023 42nd Annual Small Business Forum, SEC Chair Gary Gensler, Washington D.C., April 24, 2023

Date 24/04/2023

Thank you, Amy, for that kind introduction. Welcome to the SEC’s 42nd Annual Government-Business Forum on Small Business Capital Formation.

US Department Of Justice: North Korean Foreign Trade Bank Representative Charged In Crypto Laundering Conspiracies

Date 24/04/2023

Two federal indictments were unsealed today in the District of Columbia charging a North Korean Foreign Trade Bank (FTB) representative for his role in separate money laundering conspiracies designed to generate revenue for the Democratic People’s Republic of Korea through the use of cryptocurrency.

CME Group Completes Key Milestones In Conversion Of Eurodollar Futures, Options And Cleared Swaps To SOFR-Based Derivatives

Date 24/04/2023

• 7.5 million contracts in Eurodollar OI and $4 trillion in cleared USD LIBOR swaps successfully converted to SOFR in April
• SOFR futures and options open interest reaches 48 million contracts
• CME Term SOFR use exceeds $3.7 trillion in loans, 2,400 licensed firms