News Centre

Readout: US Secretary Of The Treasury Janet L. Yellen’s Meeting With Finance Ministers From Australia, Canada, New Zealand, And The United Kingdom

Date 10/11/2021

U.S. Treasury Secretary Janet L. Yellen hosted a meeting with finance ministers of the “Five Finance Ministries”, which includes Australia, Canada, New Zealand, and the United Kingdom. The ministers reviewed the economic response to the COVID-19 pandemic and progress on increasing vaccination rates to save lives and support the economic recovery. Secretary Yellen emphasized to her Five Finance Minister counterparts the importance of addressing the vulnerabilities in global supply chains revealed by the pandemic and Ministers agreed on the importance of collaboration among partners and allies to bolster economic resilience.  

The Lessons Of Structured Data, SEC Commissioner Caroline A. Crenshaw, Washington D.C., Nov. 10, 2021

Date 10/11/2021

Introduction

Thank you Mike [Schlanger] for that introduction, and thank you for inviting me to speak at this year’s conference. I want to note at the outset that I appreciate all the work this organization does to support structured data, including enhancing the usefulness of the data in SEC filings. The work you do benefits the users of that data, including investors, academics, and of course, the SEC staff and other regulators. You have been vocal and energetic advocates for XBRL, and I appreciate that. So thank you.

IMF Managing Director Kristalina Georgieva Proposes Appointment of Mr. Kenji Okamura as Deputy Managing Director

Date 10/11/2021

Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced today to the Executive Board of the IMF her proposal to appoint Mr. Kenji Okamura as Deputy Managing Director, effective December 3, 2021. Mr. Okamura currently serves the Government of Japan as Special Advisor to the Prime Minister on International Economic Policies. He will fill the vacancy created by the departure of Mitsuhiro Furusawa, who, as previously announced, steps down on November 30.

SEC: Entrepreneurship In Rural And Under-Resourced Areas On Agenda For Small Business Capital Formation Advisory Committee Meeting - Agenda Includes Treasury Update On $10 Billion State Small Business Credit Initiative

Date 10/11/2021

The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee today released the agenda for its virtual meeting on Tuesday, Nov. 16, when it plans to explore ways to foster entrepreneurship and capital access in rural and under-resourced areas.

CFTC Grants Order To LCH SA Permitting Portfolio Margining Of Swaps And Security-Based Swaps In A Cleared Swaps Customer Account

Date 10/11/2021

The Commodity Futures Trading Commission announced today that it has issued an order granting a request made by Banque Centrale de Compensation, doing business as LCH SA, a CFTC-registered derivatives clearing organization (DCO), under Section 4d(f) of the Commodity Exchange Act (CEA).

SEC Issues Awards Totaling More Than $15 Million To Two Whistleblowers

Date 10/11/2021

The Securities and Exchange Commission today announced awards of more than $12.5 million and $2.5 million to two whistleblowers whose information and assistance led to a successful SEC enforcement action.

Ontario Securities Commission Dialogue 2021: Creating Conditions For Growth

Date 10/11/2021

The Ontario Securities Commission’s (OSC) signature annual conference, OSC Dialogue takes place virtually on Tuesday, November 23, 2021.

Alberta Securities Commission Adopts New Small Business Finder’s Exemption To Facilitate Capital Raising

Date 10/11/2021

The Alberta Securities Commission (ASC) today adopted a new registration exemption for finders to help start-ups and other small businesses in Alberta raise capital. 

FIA Statement On European Commissioner Mairead McGuinness Statement Today On Equivalence

Date 10/11/2021

FIA Head of Europe Bruce Savage commenting on today’s announcement by Commissioner Mairead McGuinness that the European Commission will propose an extension of equivalence for UK CCPs in early 2022, said:

“FIA welcomes today’s announcement by Commissioner Mairead McGuinness that the European Commission will propose an extension of equivalence for UK CCPs in early 2022 to safeguard financial stability and avoid a cliff edge for EU market participants.  FIA is pleased that the Commission has listened to industry concerns and provided early clarity to prevent negative financial, commercial and  operational impacts on EU counterparties and clearing members. This will enable continued access to global pools of liquidity.  FIA supports the growth of competitive, efficient and safe markets globally, and we look forward to working with the Commission in 2022 on measures to grow EU financial markets.”

Prepared Remarks At the Institutional Limited Partners Association Summit, SEC Chair Gary Gensler, Nov. 10, 2021

Date 10/11/2021

Today, I’d like to talk about private funds, and the importance of certain of these funds — in particular, private equity and hedge funds — to our capital markets.