News Centre

CFTC Orders Michigan Man To Pay $150,000 For Registration Violation Of Commodity Trading Advisor Regulation

Date 22/09/2021

The Commodity Futures Trading Commission today issued an order filing and settling charges against Brian Mitchell, a Michigan resident, for failing to register as a commodity trading advisor (CTA). The order requires Mitchell to pay a $150,000 civil monetary penalty and to cease and desist from any further violations of the Commodity Exchange Act.  In addition, the order imposes a 3-year ban on Mitchell from trading on or subject to the rules of any CFTC-registered entity, and from engaging in any activities requiring CFTC registration. 

Ontario Securities Commission Announces Market Structure Advisory Committee Members

Date 22/09/2021

The Ontario Securities Commission (OSC) announced today the membership of the Market Structure Advisory Committee (MSAC) for the 2021–2023 term.

IIROC Re-Elects Five Board Directors

Date 22/09/2021

During the Annual General Meeting and Special Meeting of the Investment Industry Regulatory Organization of Canada (IIROC) five directors were re-elected for a two-year term.

Readout: US Secretary Of The Treasury Janet L. Yellen’s Call With United Kingdom Chancellor Of The Exchequer Rishi Sunak

Date 22/09/2021

Earlier today, U.S. Secretary of the Treasury Janet L. Yellen spoke with United Kingdom Chancellor of the Exchequer Rishi Sunak. Secretary Yellen stressed the importance of ongoing efforts to improve the international tax system. She also emphasized the importance of reaching a compromise on the withdrawal of digital services taxes. The Secretary thanked Minister Sunak for his leadership of the G7 and in the OECD Inclusive Framework, and expressed gratitude for the the close cooperation between the U.S. and UK to level and playing field and end the race to the bottom on international corporate taxes.

Federal Reserve Issues FOMC Statement

Date 22/09/2021

The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.

PennyMac Expands Use Of ICE Mortgage Technology Suite With Encompass Investor Connect To Accelerate Correspondent Digitization

Date 22/09/2021

ICE Mortgage TechnologyTM, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced its latest partnership with PennyMac Loan Services LLC, a subsidiary of PennyMac Financial Services, Inc. (NYSE: PFSI). The integration with ICE Mortgage Technology’s Encompass® Investor Connect will make PennyMac the largest correspondent aggregator within a network of correspondent investors available on one platform.

Federal Reserve Board And Federal Open Market Committee Release Economic Projections From The September 21-22 FOMC Meeting

Date 22/09/2021

The attached tables and charts released on Wednesday summarize the economic projections made by Federal Open Market Committee participants in conjunction with the September 21-22 meeting.

Former US Secretaries Of The Treasury Send Letter To Congressional Leadership On The Debt Limit

Date 22/09/2021

Today, former Secretaries of the Treasury sent a letter to all members of Congressional leadership regarding the debt limit.

Moscow Exchange: Risk Parameters Change On Securities Market

Date 22/09/2021

CCP NCC changes PcH_max parameter value that defines price up limit on Securities market starting from September 23, 2021:

Bank Of England: Solvency II Review: Unlocking The Potential - Speech By Gareth Truran - Given At The Bank Of America 26th Financials CEO Conference

Date 22/09/2021