News Centre

Cboe Lists for Trading Four Active Non-Transparent ETFs from Invesco

Date 22/12/2020

• Invesco's first active non-transparent ETFs are now trading on Cboe BZX Exchange
• With these four ETFs, Cboe lists a total of 21 ETFs from Invesco
• Cboe is the leading exchange for listing and trading of new generation of actively managed ETFs

Statement On The Investment Adviser Marketing Final Rule, SEC Commissioner Hester M. Peirce, Dec. 22, 2020

Date 22/12/2020

Having qualified for its AARP card nearly a decade ago, the advertising rule was long overdue for amendment.  Rule 206(4)-1 takes positive steps toward aligning how investment advisers will be able to advertise with modern means of communication and, more importantly, with how today’s investor takes in information when deciding how to invest and with whom. 

ESMA Announces 10 Year Anniversary Conference

Date 22/12/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, will turn 10 on 1 January 2021 and, as part of our anniversary celebrations, we will host an online conference on 23 March to reflect on the progress the Authority has made as a financial regulator and look to its future.

SEC Adopts Modernized Marketing Rule For Investment Advisers

Date 22/12/2020

The Securities and Exchange Commission today announced it had finalized reforms under the Investment Advisers Act to modernize rules that govern investment adviser advertisements and payments to solicitors. The amendments create a single rule that replaces the current advertising and cash solicitation rules. The final rule is designed to comprehensively and efficiently regulate investment advisers’ marketing communications.

Global Oncology Appoints Nigerian Stock Exchange Council President, Ogunbanjo, As Global Ambassador

Date 22/12/2020

Global Oncology (GO)has appointed Otunba Abimbola Ogunbanjo, President of the National Council of The Nigerian Stock Exchange (NSE or The Exchange) as one of its three global ambassadors for its Cervical Cancer-Free Nigeria (CCFN) campaign. The CCFN campaign seeks to eradicate virus-driven diseases such as cervical cancer by educating Nigerians about vaccine safety and efficacy. 

SEC Awards Over $1.6 Million To Whistleblower

Date 22/12/2020

The Securities and Exchange Commission today announced an award of more than $1.6 million to a whistleblower whose tip significantly contributed to the success of an enforcement action.  The whistleblower produced critical information about an ongoing fraudulent scheme and provided extensive assistance to the investigative staff, including by participating in meetings and furnishing high-quality evidence.

EBA Publishes Executive Summary Of Its 2019 Annual Report

Date 22/12/2020

The European Banking Authority (EBA) published today the Executive Summary of its 2019 Annual Report, summarising the Authority's key achievements in the past year and outlining the key priorities for 2020.

CFTC: Wisconsin Court Enters $740,968 Judgement Against Company And Its Principal For Registration, Disclosure, And Recordkeeping Violations

Date 22/12/2020

The Commodity Futures Trading Commission announced the U.S. District Court for the Eastern District of Wisconsin entered permanent trading and registration bans and a $740,968 civil monetary penalty against Southwest Services, L.L.C. a/k/a South West Services, LLC and its sole managing member, Timothy A. Sack of Oshkosh, Wisconsin. The court’s action follows the CFTC’s filing of a civil enforcement action against the defendants in October 2020. [See CFTC Press Release No. 8279-20]

EBA Updates Reporting Framework 3.0 And Technical Standards On Pillar 3 Disclosure

Date 22/12/2020

The European Banking Authority (EBA) published today an update to the reporting framework 3.0 and the Implementing Technical Standards (ITS) on institutions’ Pillar 3 public disclosures. These updates are the result of the European Commission’s adoption of the ITS on Supervisory Reporting (v3.0) on 17 December, the EBA publication of the revised version of the mapping between disclosures and reporting, and the  EBA release of phase 1 of its technical package on the reporting framework v3.0.

IOSCO Seeks To Help Regulators Address Retail Market Conduct Risks During Stress Events Such As COVID-19

Date 22/12/2020

The Board of the International Organization of Securities Commissions today published a report that seeks to assist regulators in responding to the retail market conduct issues caused by stress events such as the current COVID-19 pandemic. Enhancing investor protection and investor confidence in the integrity of securities markets are fundamental objectives for IOSCO.