News Centre

US Department Of Justice: Latvian National Charged For Alleged Role In Transnational Cybercrime Organization

Date 04/06/2021

A Latvian national was arraigned in federal court in Cleveland, Ohio, today on multiple charges stemming from her alleged role in a transnational cybercrime organization responsible for creating and deploying a computer banking trojan and ransomware suite of malware known as “Trickbot.” 

Statement On The Commission’s Actions Regarding The PCAOB, SEC Commissioner Hester M. Peirce, SEC Commissioner Elad L. Roisman, June 4, 2021

Date 04/06/2021

Today, the Commission removed William D. Duhnke III from the Public Company Accounting Oversight Board (PCAOB) and announced that it will seek candidates to fill all five seats on the PCAOB, including those that are currently occupied by members whose terms have not ended.  We have serious concerns about the hasty and truncated decision-making process underlying this action. 

Effective June 07, 2021 Through June 11, 2021, MIAX Options And MIAX Emerald Options 2X Opening And Intraday Valid And Priority Quote Spread Relief In All Symbols

Date 04/06/2021

Multiplier: 2X
Reason: In maintenance of a fair and orderly market.
Time: Opening and Intraday
Subject Summary: Please be advised, effective June 07, 2021 through June 11, 2021, the MIAX Regulation Department has granted 2 times opening and intraday quote parameter relief for all symbols on MIAX Options and MIAX Emerald Options. 

SEC Announces Removal Of William D. Duhnke III From The Public Company Accounting Oversight Board; Duane M. DesParte To Serve As Acting Chair - Commission To Seek Candidates For All Five Board Positions

Date 04/06/2021

The Securities and Exchange Commission today announced that it has removed William D. Duhnke III from the Public Company Accounting Oversight Board (PCAOB). The Commission designated Duane M. DesParte to serve as Acting Chairperson, effective today.

CFTC Commitments Of Traders Update

Date 04/06/2021

The current reports for the week of June 01, 2021 are now available.

FTSE Russell Begins 33rd Annual Russell US Indexes Reconstitution

Date 04/06/2021

• Total US equity market capitalization increased 52% reaching $47.7 trillion as of May 2021.
• Market cap breakpoint separating small-caps (Russell 2000 Index) and large-caps (Russell 1000 Index) increased by 73%.
• Four companies exceeded $1 trillion in total market cap, with Alphabet joining Microsoft, Apple & Amazon, which reached this milestone in 2020.
• Tesla and JP Morgan Chase & Co. join the top ten companies in the Russell US Indexes.

Consolidated Audit Trail: Outdated Design Since 2012, Context Of The Problem - By Kelvin To, Founder And President Of Data Boiler Technologies

Date 04/06/2021

We praise the honorable goals of the Consolidated Audit Trail (CAT) as a means to prevent future flash crashes and in doing so allow the SEC and other market regulators to “rapidly reconstruct trading activity and quickly analyze both suspicious trading behavior and unusual market events”. We argue against the limitation of liability proposal and the revised funding model NOT BECAUSE we have any dislike for the CAT processor and its participants (i.e. FINRA, CAT LLC, and the Exchange Groups). Indeed, have mercy on them because every constituent (including industry members) seems individually bound to achieve the following goals concurrently: (1) fulfill the SEC’s mandate to regulate/ promote the safety and soundness of market, (2) the public interest [address the civic concerns about Massive Government Surveillance], (3) uphold and the continue pursuant of National cybersecurity and privacy protection best practices, and (4) comply with the Fourth Amendment of US Constitution, the Department of Justice’s latest edition of the Privacy Act of 1974 and other applicable laws and new bills introduced recently. 

IIROC: Phase-In Of Corporate And Government Debt Reporting Completed

Date 04/06/2021

Effective June 1, any person or company that executes transactions in corporate or government debt securities must provide information of their trades to the Investment Industry Regulatory Organization of Canada (IIROC).

S&P Global Resources Select Equal Weighted Index Consultation – Updated

Date 04/06/2021

S&P Dow Jones Indices (“S&P DJI”) is conducting a consultation with market participants on potential changes to the S&P Global Resources Select Equal Weighted Index.

Moscow Exchange: Risk Parameters On Securities Market

Date 04/06/2021

CCP NCC sets the following risk parameters on Securities market starting from June 7, 2021: