News Centre

SIFMA Statement On Department Of Labor ESG Proposal

Date 13/10/2021

SIFMA released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on a proposal released today by the Department of Labor related to environmental, social and governance (ESG) investment options and retirement plans:

“SIFMA appreciates the Department of Labor’s work in engaging with the financial services industry as they put together this proposal. We are pleased to see the Department headed in the right direction, which will help investors prepare for their retirement.”

New Zealand Financial Markets Authority Censures Jarden For Derivatives Issuer Licence Breaches By OMF

Date 13/10/2021

The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko – has formally censured Jarden Securities Limited for contraventions by OM Financial Limited (OMF) as a licensed derivatives issuer (DI). OMF co-mingled derivative investor money with its own money, a breach of its DI obligations.

Financial Inclusion And Economic Challenges In The Shadow Of The Pandemic: A Conversation With Tribal Leaders, Federal Reserve Governor Lael Brainard At Fed Listens: Roundtable With Oklahoma Tribal Leaders, Oklahoma City, Oklahoma

Date 13/10/2021

I would like to join Esther George in expressing my appreciation to the leaders of tribal nations assembled here for this opportunity to listen and learn from this afternoon's conversation. I also want to thank Governor Anoatubby for hosting us. I am humbled to be here at the First Americans Museum, which is promoting a richer understanding of Native American history by sharing the cultural diversity, history, and resilience of the 39 Native nations of Oklahoma.

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

Date 13/10/2021

Secretary of the Treasury Janet L. Yellen participated in a meeting of the G20 Finance Ministers and Central Bank Governors today. They discussed a range of topics, including the current macroeconomic conditions, further progress on reforms to international taxation, coordination on vaccine distribution and longer-term pandemic preparedness, efforts within the G20 Finance Track on climate change mitigation, and financial regulatory issues. 

Federal Reserve Board Announces It Has Joined The Central Bank Network For Indigenous Inclusion, Which Will Foster Ongoing Dialogue, Research, And Education To Raise Awareness Of Economic And Financial Issues And Opportunities Around Indigenous Economies

Date 13/10/2021

The Federal Reserve Board announced on Wednesday that it has joined the Central Bank Network for Indigenous Inclusion, which will foster ongoing dialogue, research, and education to raise awareness of economic and financial issues and opportunities around Indigenous economies.

SEC Modernizes Filing Fee Disclosure And Payment Methods - Amendments Will Help Automate Filing Fee Calculation And Validation, Update Fee Payment Options

Date 13/10/2021

The Securities and Exchange Commission today adopted amendments to modernize filing fee disclosure and payment methods. Operating companies and investment companies (funds) pay filing fees when engaging in certain transactions, including registered securities offerings, tender offers, and mergers and acquisitions.

US Department of Justice: Senior Executive Of Oil-Services Company Pleads Guilty To Securities Fraud Scheme That Caused Over $886 Million In Shareholder Losses

Date 13/10/2021

A North Dakota man, formerly the executive vice president of U.S. operations at a publicly traded Canadian oil-services company, pleaded guilty today to perpetrating a scheme to fraudulently inflate the company’s reported revenue that resulted in shareholder losses in excess of $886 million. 

Banner Year In The Markets Solves Capital Raising Woes: Headline Clickbait And The Real Story Of Access To Capital, Martha Miller, Advocate For Small Business Capital Formation, Oct. 13, 2021, Remarks At The SEC Speaks In 202

Date 13/10/2021

Good morning, and thank you for spending time today with the SEC learning about the breadth of work underway at the agency. One thing is certain: you should be clear by now that the views expressed are the speakers’ own thanks to copious disclaimers throughout this conference.[1]

ISDA Launches Future Leaders In Derivatives Program

Date 13/10/2021

ISDA has launched a new professional development program for emerging leaders in the derivatives market to help support their career progression and enable them to gain experience of working alongside other practitioners from all parts of the derivatives industry.

Statement Of Support – Modernization Of Filing Fees And Payment Methods, SEC Chair Gary Gensler, Oct. 13, 2021

Date 13/10/2021

Today, the Securities and Exchange Commission adopted amendments to modernize filing fee disclosure and payment methods. The Commission voted unanimously to modernize how filing fees are reported, calculated, and paid. I am pleased to support this final rule. It will allow the Commission and filers to more efficiently process certain forms and will provide easier and lower-cost options for payment of fees related to those forms.