News Centre

Nasdaq Announces End-Of-Month Open Short Interest Positions In Nasdaq Stocks As Of Settlement Date February 26, 2021

Date 09/03/2021

At the end of the settlement date of February 26, 2021, short interest in 2,614 Nasdaq Global Market^SM securities totaled 7,742,433,178 shares compared with 7,694,966,704 shares in 2,611 Global Market issues reported for the prior settlement date of February 12, 2021. The end-of-February short interest represent 2.31 days average daily Nasdaq Global Market share volume for the reporting period, compared with 2.15 days for the prior reporting period.

Moving Forward Together – Enforcement For Everyone, SEC Commissioner Caroline A. Crenshaw, Washington D.C., March 9, 2021

Date 09/03/2021

I want to thank the Council of Institutional Investors for inviting me today. You are tireless advocates for investors and staunch proponents of good corporate governance.  The agenda for this year’s meeting covers a number of timely topics that are top of mind for me as well – from the impact of COVID-19 on members, to drivers behind the SPAC boom, to diversity and inclusion at U.S. companies.  I’m pleased you are also talking about sustainable finance, proxy voting issues and ESG ratings.  Further, I share CII’s prioritization of clawbacks and transparency as to executive pay, stock trades and share buybacks.  Today I have been asked to speak about what’s next for the SEC.  Before I do that, I will make the usual disclaimer that the views I express today are my own, and do not necessarily reflect those of staff, my fellow commissioners, or the agency.

US Federal Bank Regulators Issue Rule Supporting Treasury's Investments In Minority Depository Institutions And Community Development Financial Institutions

Date 09/03/2021

Federal bank regulatory agencies today announced an interim final rule that supports the Treasury Department's implementation of a program established by Congress to make capital investments in minority depository institutions and community development financial institutions.

New York State Department Of Financial Services Issues Cybersecurity Alert To Regulated Entities Concerning Microsoft Exchange Email Servers

Date 09/03/2021

The New York State Department of Financial Services (“DFS”) today issued the following industry letter to all of its regulated entities following the recent discovery of cybersecurity vulnerabilities in Microsoft Exchange Server. 

ISDA-Clarus RFR Adoption Indicator: February 2021

Date 09/03/2021

ISDA-Clarus RFR Adoption Indicator increased to 10.6% in February compared to 10.0% the prior month. The indicator tracks how much global trading activity (as measured by DV01) is conducted in cleared over-the-counter and exchange-traded interest rate derivatives (IRD) that reference the identified risk-free rates (RFRs) in six major currencies. On a traded notional basis, the percentage of RFR-linked IRD decreased to 11.0% of total IRD in February compared to 11.8% the prior month.

SIFMA Statement On PRO Act

Date 09/03/2021

SIFMA today released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, expressing concerns with H.R. 842/S.420 known as the PRO Act and urging the need for an exemption for independent financial advisors. As proposed, the bill would change how independent contractor status is determined under the National Labor Relations Act (NLRA) by imposing an “ABC” test on all businesses and workers, which could adversely impact hundreds of thousands of independent financial advisors (FAs):

“Approximately 150,000 registered brokers and investment advisors operate their own financial advisory firms utilizing the independent contractor model. This allows these firms to obtain brokerage, research, compliance, clearing and custody services from larger broker-dealers while owning and controlling their business.  Further, the FAs own and manage the relationship with their clients and provide them investment education and guidance and other financial planning for life events. Independent financial advisors are entrepreneurs who explicitly choose to own and operate their own business.  They are far different from the type of worker the underlying bill seeks to address."

Canadian Securities Regulators Remind Investors To Do Their Research During Fraud Prevention Month

Date 09/03/2021

The Canadian Securities Administrators (CSA) has launched a digital campaign for Fraud Prevention Month this March to remind Canadians to “get the full picture” before making an investment decision. The bilingual campaign encourages Canadian investors to use the unbiased tools and information available on the CSA’s website to ensure an investment is right for them and to avoid investment fraud.

BOX Exchange Self-Trade Prevention Clarification

Date 09/03/2021

BOX Exchange LLC (“BOX” or the “Exchange”) previously distributed IC-2019-08 detailing the Self-Trade Prevention (“STP”) functionality available to BOX Participants. STP prevents Market Maker or proprietary broker-dealer orders from trading with quotes or orders resting on the BOX Book with the same Participant ID.

Moscow Exchange: Risk Parameters Change For The Security INTC-RM

Date 09/03/2021

As per the Securities market risk parameters methodology, on 09.03.2021, 21-42 (MSK) the upper bound of the price band (up to 4844) and initial margins (up to 17.5 %) for the security INTC-RM were changed. New values are available here

Euronext Announces Annual Review Results Of The AEX® Family

Date 09/03/2021

Euronext today announced the results of the annual review for the AEX®, AMX® and AScX®. The changes due to the review will be effective from Monday 22 March 2021.