News Centre

Prioritising Operational Resilience Now Prerequisite For Firms’ Existence, Says Ex-FTSE COO

Date 27/09/2021

This Thursday marks 6 months until the FCA’s operational resilience requirements come into force for the UK’s financial services sector – just under two years since the parliamentary committee called on regulators to intervene following TSB’s IT meltdown. According to Guy Warren, CEO of ITRS Group and ex-COO of FTSE Group, if firms can’t afford to prioritise operational resilience, they can’t afford to be in business.

Prepared Remarks Before The Asset Management Advisory Committee, SEC Chair Gary Gensler, Sept. 27, 2021

Date 27/09/2021

Thank you, Ed [Bernard]. I’m glad to be with the Asset Management Advisory Committee again. I appreciate the members’ time and willingness to give us advice, and I look forward to hearing the readouts from today’s discussions. As is customary, I’d like to note I’m not speaking on behalf of the Commission or the SEC staff.

Moscow Exchange: Risk Parameters For New Shares

Date 27/09/2021

New shares will be accepted to margin trading starting from October 1, 2021. From this date on, risk parameters will be applied according to the table below.

SEC Charges Two Individuals For Wash Trading Scheme Involving Options Of "Meme Stocks"

Date 27/09/2021

The Securities and Exchange Commission today charged a Florida resident and his friend for engaging in a fraudulent scheme designed to collect liquidity rebates from exchanges by wash trading put options of certain "meme stocks" in early 2021.

Remarks Before The Small Business Capital Formation Advisory Committee Meeting, SEC Commissioner Elad L. Roisman, Sept. 27, 2021

Date 27/09/2021

Good morning and welcome. As is custom, I’ll start by saying: my remarks this morning are my own and do not necessarily reflect the views of the Commission or my fellow Commissioners. It’s also customary for Commissioners to say that they are looking forward to an advisory committee’s discussions, but I am especially looking forward to your discussions today. The topics you will be covering are crucial to our understanding of how smaller businesses are accessing capital, and I am particularly interested in hearing both your panelists and your discussion today.

Remarks At SEC Small Business Capital Formation Advisory Committee Meeting, SEC Commissioner Hester M. Peirce, Sept. 27, 2021

Date 27/09/2021

Thank you, Carla [Garrett] and thank you to the Committee members and today’s panelists.  Welcome to Andrea [Seidt] to the Committee.  I am particularly happy to have a fellow Ohioan involved.  Thanks to Mike [Pieciak] for serving on the Committee.  I am looking forward to today’s discussions on small business capital formation trends at this stage in the pandemic, and the changing dynamics of pre-IPO financing and going public.  Two trends to be featured today – SPACs and the significant increase of institutional investor participation in late stage private capital raising rounds – demonstrate the hunger for growth opportunities in our markets.  Making it possible for retail investors to get access to some of this early growth remains an important matter for the Commission’s consideration.

Prepared Remarks Before The Small Business Capital Formation Advisory Committee, SEC Chair Gary Gensler, Sept. 27, 2021

Date 27/09/2021

Thank you, Carla [Garrett]. It’s good to be with this Committee again. I’d like to thank the members for their time and willingness to represent the interests of America’s small businesses. As is customary, I’d like to note I’m not speaking on behalf of the Commission or the SEC staff.

The Hard Yards - Speech By Andrew Bailey, Governor, Bank Of England, Given At The Society Of Professional Economists Annual Dinner On Monday 27 September At 7pm

Date 27/09/2021

Andrew Bailey looks at the varying forces currently acting on the economy and what they mean for monetary policy. 

One is the supply bottlenecks that are affecting the availability of goods and services. While they will push up on the cost of living, that will likely only be temporary. 

Moscow Exchange: Risk Parameters Change For The Securities

Date 27/09/2021

The following risk parameters will be changed:

SEC Delivers Report To Congress With Recommendations From The 40th Annual Small Business Forum

Date 27/09/2021

Today the Office of the Advocate for Small Business Capital Formation delivered a report to Congress on the Securities and Exchange Commission's 40th Annual Small Business Forum. The 2021 Forum took place virtually on May 24–27, 2021, with each session featuring panelists with in-depth knowledge of the issues facing small businesses across the country, spotlighting the following topics: