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  • Hong Kong Securities And Futures Commission-Hong Kong Monetary Authority Joint Survey Shows Record Investment Product Sales And Market Participation In 2024

    Date 04/09/2025

    The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) today published the findings of their annual joint survey on the distribution of non-exchange-traded investment products, showing record sales and level of market participation for these products during 2024.

  • Nasdaq Proposes Changes To Its Listing Standards

    Date 04/09/2025

    Today, Nasdaq proposed a new set of enhancements to its initial and continued listing standards, reinforcing its long-standing commitment to capital formation while ensuring investor protection and upholding market integrity. These proposed updates introduce enhanced requirements for minimum company public float and capital raised during initial public offerings, alongside stricter suspension and delisting procedures for companies failing to meet Nasdaq’s continued listings standards.

  • US Financial Stability Oversight Council To Meet September 10

    Date 03/09/2025

    On Wednesday, September 10, Secretary of the Treasury Scott Bessent will preside over a meeting of the Financial Stability Oversight Council (Council) at the Treasury Department.  The meeting will consist of an executive session and an open session.  The preliminary agenda for the executive session includes an update on the Council’s focus and priorities; a briefing on a recent interagency financial market infrastructure cybersecurity tabletop exercise; the Council’s 2025 annual report; and the Council’s fiscal year 2026 budget.  The preliminary agenda for the open session includes an update on banking supervision and regulatory reforms; votes to rescind the charters of two Council committees focused on climate-related financial risk; and a vote on the Council’s fiscal year 2026 budget.

  • SIFMA’s Peter Ryan And Charles DeSimone - Modern Markets, Enduring Protections: Protecting Investors In Tokenized Securities

    Date 03/09/2025

    • Robust investor protections are the foundation of the success of the U.S. securities markets, ensuring market integrity and investor confidence. While modernization and tailoring of existing rules will be necessary to accommodate new technologies, existing investor protections must be extended to any markets that issue and trade tokenized securities. Doing so is critical to establishing investor confidence in markets for tokenized securities, ensuring broad participation and their long-term success.
    • It is particularly important that investor protections derived from the current broker-dealer, exchange and custody frameworks under the federal securities laws—including structural limitations on vertical integration and separation of core functions—be applied to tokenized securities markets in order to mitigate potential conflicts of interest. These long-standing conflicts of interest requirements have deep foundations, yet have also evolved as new technologies, market participants, and other market factors have changed.
    • Investor protections also require a clear understanding of when a token is and is not a security. It is critical that policymakers adopt consistent taxonomies and definitions rooted in the underlying economic characteristics of an asset or transaction, rather than its technological form.
    • A carefully designed innovation exemption or regulatory sandbox framework can help supplement, though not replace, a broader process of regulatory modernization across all asset classes to accommodate tokenized securities. Guardrails on such a framework and projects that operate under it are also necessary to protect investors and maintain market integrity.

  • Farewell Address Of CFTC Commissioner Kristin N. Johnson

    Date 03/09/2025

    Thank you to Aaron Klein, Miriam K. Carliner Chair—Economic Studies, Senior Fellow—Center on Regulation and Markets and Brookings Institute for kindly inviting me to join you this afternoon. Thank you for your thoughtful introduction.

  • US Financial Stability Oversight Council Meeting

    Date 03/09/2025

    On Wednesday, September 10, Secretary of the Treasury Scott Bessent will preside over a meeting of the Financial Stability Oversight Council (Council) at the Treasury Department. The meeting will consist of an executive session and an open session. The preliminary agenda for the executive session includes an update on the Council’s focus and priorities; a briefing on a recent interagency financial market infrastructure cybersecurity tabletop exercise; the Council’s 2025 annual report; and the Council’s fiscal year 2026 budget.* The preliminary agenda for the open session includes an update on banking supervision and regulatory reforms; votes to rescind the charters of two Council committees focused on climate-related financial risk; and a vote on the Council’s fiscal year 2026 budget.

  • Cboe Global Markets To Present At The Barclays Global Financial Services Conference On September 8

    Date 03/09/2025

    Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, announced today that Craig Donohue, Chief Executive Officer, will present at the Barclays Global Financial Services Conference in New York City on Monday, September 8 at 10:30 a.m. ET.

  • Nasdaq Reports August 2025 Volumes

    Date 03/09/2025

    Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for August 2025 on its Investor Relations website. A data sheet showing this information can be found at: http://ir.nasdaq.com/financials/volume-statistics.

  • SEC Charges Pennsylvania Resident And His Companies With $770 Million Ponzi Scheme

    Date 03/09/2025

    The Securities and Exchange Commission today charged Daryl F. Heller of Pennsylvania and his companies, Prestige Investment Group, LLC and Paramount Management Group, LLC, with operating a multi-year Ponzi scheme that resulted in investor losses of approximately $400 million.

  • CFTC Staff Issues No-Action Letter Regarding Event Contracts

    Date 03/09/2025

    The Commodity Futures Trading Commission’s Division of Market Oversight and the Division of Clearing and Risk today announced they have taken a no-action position regarding swap data reporting and recordkeeping regulations for event contracts in response to a request from QCX LLC, a designated contract market, and QC Clearing LLC, a derivatives clearing organization.