News Centre

Martha Legg Miller, Director Of Small Business Advocate Office, To Leave SEC

Date 24/03/2022

The Securities and Exchange Commission today announced that Martha Legg Miller, Director of the Office of the Advocate for Small Business Capital Formation (OASB), is leaving the agency at the end of April. Sebastian Gomez Abero will serve as Acting Director.

Bank Of England Financial Policy Summary And Record - March 2022

Date 24/03/2022

The Bank Of England Financial Policy Committee (FPC) meets to identify risks to financial stability and agree policy actions aimed at safeguarding the resilience of the UK financial system.

CFTC Seeks Public Comment On FTX Request For Amended DCO Registration Order

Date 24/03/2022

The Commodity Futures Trading Commission (CFTC) has received inquiries from derivatives clearing organizations (DCO) or potential DCO applicants seeking to offer clearing of margined products directly to participants, such that participants would not clear through a futures commission merchant intermediary (non-intermediated model). Currently before the CFTC is a formal request from LedgerX, LLC d.b.a. FTX US Derivatives (FTX) to amend its order of registration as a DCO to allow it to modify its existing non-intermediated model. FTX currently operates a non-intermediated model and clears futures and options on futures contracts on a fully collateralized basis. In its request for an amended order of registration, FTX proposes to clear margined products for retail participants while continuing with a non-intermediated model. 

Drawbridge Launches Industry Advisory Board To Promote Cybersecurity Innovation And Collaboration Across The Alternative Investment Industry - Members Include Business Leaders From The Security, Legal, Compliance And Outsourcing Sectors

Date 24/03/2022

Drawbridge, a premier provider of cybersecurity software and solutions to the alternative investment industry, today announced the creation of its Industry Advisory Board (IAB). With the launch of its IAB, Drawbridge is bringing together exceptional industry leaders with unmatched experience to foster an open exchange of ideas and best practices to help advance cyber defenses for the alternative investment community. 

ESMA Fines REGIS-TR €186 000 For EMIR Data Breaches

Date 24/03/2022

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has fined trade repository REGIS-TR €186,000 for eight breaches of the European Market Infrastructure Regulation (EMIR).

U.S. Treasury Sanctions Russia’s Defense-Industrial Base, The Russian Duma And Its Members, And Sberbank CEO - New Guidance Issued To Continue To Blunt Central Bank’s Ability To Deploy International Reserves, Including Gold

Date 24/03/2022

Today, in its latest action to impose severe costs on the Russian Federation for its illegal, unwarranted, and baseless war against Ukraine, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating key enablers of the invasion. This includes dozens of Russian defense companies, 328 members of the Russian State Duma, and the head of Russia’s largest financial institution. This action aligns with similar actions taken by the European Union, the United Kingdom, and Canada, and reflects continued unity to hold Putin accountable for his war of choice.

LCH CDSClear Launches Client Clearing Of Credit Index Options

Date 24/03/2022

• BNP Paribas and J.P. Morgan are the first banks to offer client clearing of credit index options through CDSClear
• LCH CDSClear offers the broadest credit product coverage of any clearing house

Notice To All UK Financial Conduct Authority Regulated Firms With Exposure To Cryptoassets

Date 24/03/2022

The FCA is reminding all regulated firms of their existing obligations when they are interacting with or exposed to cryptoassets and related services.

ETC Group Expands Digital Asset Investment Opportunities In Europe With The Addition Of Three New Crypto ETCs On SIX - ETC Group Adds Avalanche, Cosmos And Polygon Backed Investment Products To Its Existing Portfolio Of Exchange Traded Cryptocurrencies (ETCs) Which Include BTCE, The World’s Most Traded Crypto Exchange Traded Product (ETP)

Date 24/03/2022

ETC Group (www.etc-group.com), Europe’s leading specialist provider of institutional-grade digital asset-backed securities, announces today the listing of three new ETCs on the SIX Swiss Exchange.

ICE Announces Second Expiry In ICE Midland WTI American Gulf Coast Futures With 2.5 Million Barrels Going To Delivery In April

Date 24/03/2022

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Midland WTI American Gulf Coast futures (contract code: HOU) went to its second expiry on March 23, with 2,588 contracts going to delivery in April, almost double the 1,400 contracts which went to expiry in March. Each futures contract is equivalent to 1,000 barrels of Permian Basin originated WTI crude oil.