News Centre

Tehran Stock Exchange Bulletin - June 2022

Date 16/07/2022

Click here to download Tehran Stock Exchange's bulletin for June 2022.

Readout: Secretary Of The Treasury Janet L. Yellen’s Meetings With Counterparts At The G20 Finance Ministers And Central Bank Governors Meeting

Date 16/07/2022

Secretary of the Treasury Janet L. Yellen met with several counterparts on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting; including Australia’s Treasurer Jim Chalmers, Saudi Arabia’s Minister of Finance Mohammed Al-Jadaan, Singapore’s Deputy Prime Minister and Minister for Finance Lawrence Wong, South Africa’s Minister of Finance Enoch Godongwana, and Turkey’s Minister of Treasury and Finance Nureddin Nebati. 

Nadex Refrains From Listing Certain Contracts

Date 15/07/2022

Due to activity in the underlying markets upon which the Nadex contracts are based and pursuant to the authority granted in Nadex Rule 12.1(i), Nadex took the following actions:

CFTC: Federal Court Imposes Over $29 Million In Restitution And Penalties Against California And Colorado Residents For Binary Options And Forex Fraud, Registration Violations, And Failure To Comply With Commodity Pool Operator Regulations

Date 15/07/2022

The Commodity Futures Trading Commission today announced the U.S. District Court for the Eastern District of California entered an order granting the CFTC’s motion for entry of default judgment against California-based John D. Black and his affiliated entities Financial Tree (d/b/a Financial Tree Trust); Financial Solution Group (d/b/a Financial Solution Group Trust); and New Money Advisors, LLC; and his associates Christopher Mancuso and Joseph Tufo; as well as Colorado-based John P. Glenn and his law firm, The Law Firm of John Glenn, P.C. The order finds they are liable for solicitation fraud in connection with binary options and retail foreign currency (forex) transactions, fraud by commodity pool operators (CPOs) and associated persons (APs), multiple CFTC registration violations, and failure to comply with CPO regulations.

Nadex Temporarily Amends Binary Contracts Strike Width

Date 15/07/2022

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.6(d) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) hereby provides notice that due to increased or decreased volatility, as the case may be, in the underlying markets upon which the Nadex contracts are based, Nadex made changes to the strike widths of various contracts during the week of July 11, 2022 as indicated in the Weekly Notice.

Market Data: Competing Consolidators Without CT-Plan - By Kelvin To, Founder And President Of Data Boiler Technologies

Date 15/07/2022

The US Court of Appeals struck down the SEC’s CT-Plan on July 5, 2022. Without the CT-Plan to “outsource” certain SEC authority to the operating committee (2/3 SROs and 1/3 Non-SROs), how will Market Data Reform likely evolve? The Self-Regulatory Organizations (SROs), including FINRA, have stated their willingness to provide part of the expanded data under the Market Data Infrastructure Rules (MDIR). Their Odd-Lot proposal for the Securities Information Processor (SIP) may be a curve ball to the SEC. How should the SEC and market participants react or respond?

NYSE Member Firms Report First Quarter Results

Date 15/07/2022

New York Stock Exchange member firms that conduct business with the public reported a first-quarter 2022 after-tax profit of approximately $7.7 billion and revenues of approximately $53 billion, compared with approximately $11.7 billion after-tax profit on revenues of about $62 billion in the first-quarter of 2021.

CFTC Commitments Of Traders Reports Update

Date 15/07/2022

The current reports for the week of July 11, 2022 are now available.

Statement On Departure Of SEC Commissioner Allison Herren Lee: Chair Gary Gensler, Commissioner Hester M. Peirce, Commissioner Caroline A. Crenshaw, Commissioner Mark T. Uyeda

Date 15/07/2022

We want to thank Allison Herren Lee for her tireless work and commitment to the Commission and its mission. Her years of public service have been marked by her humility, thoughtfulness, and dedication to investors and our markets. We have been fortunate to have her as a colleague.

CFTC Chairman Behnam To Participate In A Conversation At The Brookings Center On Regulation And Markets

Date 15/07/2022