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  • ETFGI Reports Record Assets And Net Inflows In Active ETFs World-Wide Of US$404 Billion And US$88 Billion Respectively At The End Of July 2021

    Date 27/08/2021

    ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reports record assets and net inflows in Active ETFs world-wide of US$404 billion and US$88 billion respectively at the end of July.  Actively managed ETFs and ETPs gathered net inflows of US$6.00 billion during July, bringing year-to-date net inflows to a record US$88.23 billion. Assets invested in Active ETFs and ETPs finished the month up to 0.7%, from US$401 billion at the end of June to US$404 billion, according to ETFGI's July 2021 Active ETF and ETP industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)


  • Readout: Secretary Of The Treasury Janet L. Yellen’s Call With Mexican Finance Secretary Rogelio Ramírez de la O

    Date 27/08/2021

    Yesterday, Secretary of the Treasury Janet L. Yellen had her first call with Mexican Finance Secretary Rogelio Ramírez de la O. Secretary Yellen congratulated Ramírez de la O on his appointment and expressed a strong desire to maintain a close relationship. Secretary Yellen reaffirmed Treasury’s commitment to deepen cooperation with Mexico on illicit finance. She welcomed Mexico’s support for critical G20 initiatives, including a global minimum tax, and encouraged economic policy commitments that will combat climate change while accomplishing inclusive growth.

     

  • US Federal Agencies Issue Guide To Help Community Banks Evaluate Fintech Relationships

    Date 27/08/2021

    The federal bank regulatory agencies today released a guide intended to help community banks assess risks when considering relationships with financial technology (fintech) companies.

  • Federal Court Orders Ohio Resident And Multi-Million Dollar Ponzi Scheme Fraudster Permanently Banned From Trading And Registering With The CFTC

    Date 27/08/2021

    The Commodity Futures Trading Commission announced today that Judge Michael R. Barrett, of the U.S. District Court for the Southern District of Ohio entered a Consent Order for Permanent Injunction and Other Equitable Relief against Glen Galemmo finding, among other things, that Galemmo fraudulently solicited individuals to place funds in a commodity pool to trade commodity futures, commodities, stocks and bonds and misappropriated millions of dollars. The order imposes on Galemmo permanent trading and registration bans.


  • finexics.io: BaFin Launches Investigation Into The Company Slinqo Group LTD

    Date 27/08/2021

    In accordance with section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG), BaFin informs the public that Slinqo Group LTD, Nicosia, Cyprus, has not been granted authorisation under the KWG to conduct banking business or provide financial services. The company is not supervised by BaFin. Based on the content of the company’s website finexics.io, there are grounds which indicate that Slinqo Group LTD conducts banking business and provides financial services in the Federal Republic of Germany without the required authorisation.