News Centre

Remarks At Virtual Roundtable On The Future Of Going Public And Expanding Investor Opportunities: A Comparative Discussion On IPOs And The Rise Of SPACs, SEC Commissioner Caroline A. Crenshaw, Washington D.C., April 28, 2022

Date 28/04/2022

Thank you Hal [Scott] for that kind introduction and for inviting me to speak today. I am honored to precede such an esteemed panel of practitioners and academics. As always, I must give my standard disclaimer that my remarks are my own and do not necessarily represent the views of the Commission or its staff.

ISDA, IIF And FIA Respond To FSB Consultation On CCP Resources In Recovery And Resolution

Date 28/04/2022

ISDA, the Futures Industry Association and the Institute of International Finance represent the largest number of participants in national and global clearing, banking and financial markets. The Associations appreciate the opportunity to comment on the consultation paper Central Counterparty Financial Resources for Recovery and Resolution.

SEC: Medley Management And Former Co-CEOs To Pay $10 Million Penalty For Misleading Investors And Clients - Settlement Structured To Expedite Payment To Bondholders Through Related Bankruptcy Proceeding

Date 28/04/2022

The Securities and Exchange Commission today charged publicly-traded asset manager Medley Management and its former co-CEOs, Brook B. Taube and Seth B. Taube, with making misrepresentations to investors and clients that created the illusion of Medley’s likely future growth. The respondents have agreed to settle the SEC’s charges and will collectively pay $10 million in civil penalties.

Robinhood Reports First Quarter 2022 Results

Date 28/04/2022

Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today announced financial results for the first quarter, which ended March 31, 2022.

New York State Department of Financial Services Superintendent Adrienne A. Harris Issues New Guidance To Prevent And Manage Suspicious Activities In The Virtual Currency Industry - New York State-Regulated Virtual Currency Entities Encouraged To Adopt Blockchain Analytics Tools As A Best Practice

Date 28/04/2022

New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris today issued new guidance to New York State-regulated virtual currency entities establishing the use of blockchain analytics tools as a best practice to prevent and manage financial risks and suspicious activities.  

ISDA derivatiViews: Progressing On Carbon Trading

Date 28/04/2022

Without access to carbon credits, companies all over the world will only get so far in their efforts to reduce emissions – credits allow them to offset those emissions that may be otherwise impossible or difficult to eliminate. But new analysis published by ISDA last week confirms our earlier findings that the conservatism of Basel III capital requirements for carbon credits could impair the ability of banks to support the transition to a sustainable economy.

Dubai Financial Market Company Posts 17% Upsurge In First Quarter Of 2022 Net Profit To AED 27.5 Million

Date 28/04/2022

• Trading activities gain further momentum amidst strong appetite towards DFM’s lucrative opportunities
• The DFM attracted 51,404 new investors, 73.4% of them are foreign investors, lifting its investor base to 903,077
• Trading value increased 48% to AED 22.8 Billion
• DFM General Index up 10.3% and market capitalization increased 6.4% to AED 437.4 Billion
• Foreign investors accounted for 45.8% of trading value and 23.2% of market capitalization
• Foreign investors’ net purchases reached to AED 2.1 Billion
• Institutional investors’ accounted for 51.6% of trading value

Market For Underlying Security Used For Openings On MIAX Options, MIAX Pearl Options And MIAX Emerald Options For Newly Listed Symbols Effective Friday, April 29, 2022

Date 28/04/2022

Please refer to the Regulatory Circulars listed below for newly added symbols and the corresponding market for the underlying security used for openings on the MIAX Exchanges. The newly listed symbols will be available for trading beginning Friday, April 29, 2022.

Chief Executive Officer, Nigerian Exchange Limited, Temi Popoola, Commends Access Holdings Contribution To Nigeria’s Growth Story …Reiterates The Exchange’s Commitment To Remain A Partner Of Choice

Date 28/04/2022

The Chief Executive Officer, Nigerian Exchange Limited (NGX), Temi Popoola, commended Access Holding Plc’s contribution to the Nigerian growth story and emphasized NGX’s commitment to collaborating with institutions driving growth in the Nigerian economy. This was made known during the Closing Gong Ceremony hosted by NGX to commemorate the Access Holdings’ successful restructuring into a holding company structure and the listing of 35,545,225,622 ordinary shares of Access Holdings Plc on NGX on Thursday, 28 April 2022. The CEO further noted that the Exchange is proud to be part of the progress that Access Holdings has successfully achieved over the past 20 years while assuring that the company will find a worthy partner in the Exchange as it commences its new journey”.

Canadian Financial Regulators Propose Total Cost Reporting For Investment Funds And Segregated Funds

Date 28/04/2022

The Canadian Securities Administrators (CSA) and the Canadian Council of Insurance Regulators (CCIR) today published proposals that would enhance total cost reporting for investment funds and segregated funds. These proposed changes aim to improve the transparency of total fees and costs paid by mutual fund investors and segregated fund holders.