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  • CFTC Charges Wisconsin Woman And Her Companies With Fraud And Misappropriation

    Date 13/04/2022

    The Commodity Futures Trading Commission today filed a civil enforcement action in the U.S. District Court for the Eastern District of Wisconsin against Kay Yang of Mequon, Wisconsin, and her companies, AK Equity Group LLC and Xapphire LLC. The complaint charges Yang, AK Equity, and Xapphire with fraud and misappropriation related to an off-exchange foreign currency (forex) trading scheme in which they solicited funds totaling at least $15.7 million from at least 67 investors. Yang’s husband, Chao Yang, is named as a relief defendant for receiving investor funds to which he was not entitled. 

  • ESAs See Recovery Stalling Amid Existing And New Risks

    Date 13/04/2022

    The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) issued today their first joint risk assessment report for 2022. The report highlights the increasing vulnerabilities across the financial sector as well as the rise of environmental and cyber risks.  

  • Global X Launches Green Building ETF Tracking Solactive Green Building Index

    Date 13/04/2022

    As momentum builds in global climate policy, developing and retrofitting green buildings and infrastructure are quickly becoming an important sector of real estate. Green buildings are fundamental to climate change mitigation policies as innovative technology, like artificial intelligence and engineered wood, allow buildings to reduce their environmental impact through lower energy consumption.

  • Remarks By US Secretary Of The Treasury Janet L. Yellen On Way Forward For The Global Economy

    Date 13/04/2022

    My thanks to Fred and the Atlantic Council for hosting me today. 

    The course of the global economy over the past two years has been shaped by COVID-19 and our efforts to fight the pandemic.  It’s now evident though that the war between Russia and Ukraine has redrawn the contours of the world economic outlook. 

  • FSB - Call For Papers: Vulnerabilities From Liquidity Mismatch In Open-Ended Funds And Policies To Address Them

    Date 13/04/2022

    The Financial Stability Board and International Organization of Securities Commissions invite submissions of papers for a conference on the financial stability risks arising from liquidity mismatch in open-ended funds (OEFs) and on policies to address them.

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