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  • ASIC: Westpac Subsidiaries To Pay $10.5 Million Penalty For Breaches Of Best Interests Duty

    Date 24/08/2021

    The Federal Court has ordered Westpac Bank subsidiaries Westpac Securities Administration Limited (Westpac Securities) and BT Funds Management Limited (BT Funds) to pay a combined penalty of $10.5 million for failing to act in their clients' best interests.

  • Shenzhen Stock Exchange Solicits Opinions On The Revision Of The Implementation Rules On The IPO Stock Issuance And Underwriting Business On The ChiNext Board

    Date 24/08/2021

    To implement the requirements of China Securities Regulatory Commission (“CSRC”) on higher-level laws, optimize relevant supporting business rules for the issuance and underwriting of new stocks on the ChiNext Board, facilitate an orderly interaction between buyers and sellers, help market-based issuance and pricing mechanisms effectively play their roles, and keep order and maintain a sound ecosystem in the market, SZSE plans to revise some terms of the Implementation Rules on the IPO Stock Issuance and Underwriting Business on the ChiNext Board (hereinafter referred to as the Implementation Rules on IPO). SZSE is soliciting opinions till 5 September 2021.

  • Zhengzhou Commodity Exchange: Notice On Waiving Service Fees For Using Standard Warehouse Receipts As Margin

    Date 24/08/2021

    It is decided upon discussion that service fees for using standard warehouse receipts as margin will be waived from September 1, 2021 to December 31, 2021.

  • Selecta Group And Fiserv To Roll Out Cashless Payments Across Europe

    Date 24/08/2021

    Selecta Group, Europe’s leading route-based self-service retailer offering coffee and convenience food solutions in the workplace and in public spaces, is partnering with Fiserv, Inc., (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, to commence the enhancement and streamlining of digital payments across its points of sale, meeting consumer demand and boosting operational efficiency as self-service technologies such as vending machines and smart fridges boom in a pandemic-conscious world.

  • CrowdStrike Holdings, Inc. To Join The NASDAQ-100 Index Beginning August 26, 2021

    Date 23/08/2021

    Nasdaq (Nasdaq: NDAQ) today announced that CrowdStrike Holdings, Inc. (Nasdaq: CRWD), will become a component of the NASDAQ-100 Index® (Nasdaq: NDX), the NASDAQ-100 Equal Weighted Index (Nasdaq: NDXE) and the NASDAQ-100 Technology Index (Nasdaq: NDXT) prior to market open on Thursday, August 26, 2021. CrowdStrike Holdings, Inc. will replace Maxim Integrated Products, Inc. (Nasdaq: MXIM) in the NASDAQ-100 Index®, the NASDAQ-100 Equal Weighted Index and the NASDAQ-100 Technology Index.


  • SEC Enforcement Chief Counsel Joe Brenner Retires

    Date 23/08/2021

    The Securities and Exchange Commission announced that Joseph K. Brenner has retired as the Chief Counsel of the Division of Enforcement, a role he held since January 2011. As Chief Counsel, Mr. Brenner served as the head of the Division of Enforcement's Office of Chief Counsel, where he oversaw the process of providing legal and policy advice on potential enforcement actions and other critical issues to the Division’s leadership and 1400-person staff.

  • Federal Court Orders Alabama Man To Pay More Than $16 Million In Precious Metals Fraud

    Date 23/08/2021

    The Commodity Futures Trading Commission announced today that the U.S. District Court for the Southern District of Texas entered a consent order against Charles McAllister of Alabama. The order requires McAllister to pay $16,186,212.56 in restitution and permanently enjoins McAllister from engaging in conduct that violates the Commodity Exchange Act (CEA), from registering with the CFTC, and from trading in any CFTC-regulated markets. 

  • SEC: Fee Rate Advisory #1 For Fiscal Year 2022

    Date 23/08/2021

    The Securities and Exchange Commission today announced that in fiscal year 2022 the fees that public companies and other issuers pay to register their securities with the Commission will be set at $92.70 per million dollars.

  • Moscow Exchange: Risk Parameters Change For The Security NVDA-RM

    Date 23/08/2021

    As per the Securities market risk parameters methodology, on 23.08.2021, 21-52 (MSK) the upper bound of the price band (up to 17239) and initial margins (up to 23.75 %) for the security NVDA-RM were changed. New values are available here

  • NGX Securities Lending Market Value Rises To N513Million

    Date 23/08/2021

    The value of the securities lending market of Nigerian Exchange (NGX) Limited has risen to N513Million as at 20 August 2021. According to NGX’s most recent report, there has been an uptick in stakeholders’ participation as 2.3 million units of MTNN valued at N395.6 million was borrowed.