News Centre

Nasdaq Announces End-Of-Month Open Short Interest Positions in Nasdaq Stocks As of Settlement Date November 30, 2020

Date 09/12/2020

At the end of the settlement date of November 30, 2020, short interest in 2,550 Nasdaq Global Market^SM securities totaled 8,129,866,207 shares compared with 8,236,111,320 shares in 2,541 Global Market issues reported for the prior settlement date of November 13, 2020. The end-of-October short interest represent 2.85 days average daily Nasdaq Global Market share volume for the reporting period, compared with 3.03 days for the prior reporting period

US Federal Agencies Announce Several Resolution Plan Actions

Date 09/12/2020

The Federal Deposit Insurance Corporation and the Federal Reserve Board today announced several resolution plan actions. Resolution plans, commonly known as living wills, must describe the company's strategy for rapid and orderly resolution in bankruptcy in the event of material financial distress or failure of the company.

SEC: General Electric Agrees To Pay $200 Million Penalty For Disclosure Violations

Date 09/12/2020

The Securities and Exchange Commission today announced that General Electric Co. (GE) has agreed to pay a $200 million penalty to settle charges for disclosure failures in its power and insurance businesses.  In 2017 and 2018, GE’s stock price fell almost 75% as challenges in its power and insurance businesses were disclosed to the public. 

SC Ventures Invests In OpenFin: The Strategic Investment By Standard Chartered Unit Will Help Openfin Meet Growing Demand For Digital Workspaces And App Stores

Date 09/12/2020

OpenFin, the operating system (OS) of finance, announced today that it secured a strategic investment from SC Ventures, the innovation, fintech investment and ventures arm of international banking group, Standard Chartered. The capital will accelerate new product development and brings OpenFin’s total funding to date to $50 million (USD).

Eight Technology Vendors License ISDA SA Benchmarking Unit Test

Date 09/12/2020

ISDA has today announced that eight technology vendors have licensed the ISDA Standardized Approach (SA) Benchmarking unit tests to promote consistent implementation of the standardized approach for calculating capital requirements. The eight vendors are ActiveViam, Avera AI (Area 120 at Google), AxiomSL, Calypso, Finastra, FIS, MSCI and Murex.

Report from FINRA Board Of Governors Meeting – December 2020: Board Approves Rule Proposals, Reaffirms Financial Guiding Principles And Appoints NAC, SFAC And Regional Committee Members

Date 09/12/2020

FINRA’s Board of Governors met on Dec. 2-3. During the meeting it approved three rule proposals, reaffirmed FINRA’s Financial Guiding Principles, appointed members to the National Adjudicatory Council (NAC) and the Small Firm Advisory Committee (SFAC), received the results of recent SFAC and Regional Committee elections, and received several operational updates.

New York Attorney General Letitia James Leads Multistate Lawsuit Seeking To End Facebook’s Illegal Monopoly - AG James Leads Bipartisan Coalition Of 48 Attorneys General Charging Anticompetitive Conduct - Facebook Thwarted Competition, Reduced Consumer Privacy For Profits

Date 09/12/2020

New York Attorney General Letitia James today filed a lawsuit against Facebook Inc., alleging that the company has and continues today to illegally stifle competition to protect its monopoly power. The lawsuit alleges that, over the last decade, the social networking giant illegally acquired competitors in a predatory manner and cut services to smaller threats — depriving users from the benefits of competition and reducing privacy protections and services along the way — all in an effort to boost its bottom line through increased advertising revenue. Attorney General James leads a bipartisan coalition of 48 attorneys general from around the nation in filing today’s lawsuit to stop Facebook’s anticompetitive conduct.

SIFMA Statement On The SEC’s Adoption Of Market Data Infrastructure Rules Under Regulation NMS

Date 09/12/2020

SIFMA today issued the following statement from SIFMA president and CEO Kenneth E. Bentsen, Jr. on the SEC’s adoption of market data infrastructure rules under Regulation NMS:

“SIFMA strongly supports the SEC’s unanimous approval of its infrastructure proposal, as it is a positive step to provide investors with critical additional market data and to address current conflicts of interests for exchanges between the SIP data and exchange proprietary feeds.  We appreciate that the final Infrastructure rule will include additional content including depth of book, auction information for open/close auctions and odd lots, as well as the SEC’s move away from the centralized approach to the distribution of SIP data to a competitive, decentralized model with competing consolidators.  We further appreciate that it appears the final rule will not change the application of the order protection rule (OPR) and will provide for the protection of the new smaller round lot sizes under the OPR.  We have long advocated for the modernization of market data and welcome today’s announcement.”

TEXPERS: Texas Public Employee Pension Funds Hold Ground in Unprecedented Covid-19 Markets

Date 09/12/2020

Texas state and local pension funds combined in 2019-20 to nearly maintain the record-breaking achievements of 2018-19, according to a trend analysis of aggregate amortization periods performed by the Texas Association of Public Employee Retirement Systems. The systems' achievement was notable in holding mostly steady despite extreme market fluctuations early in 2020 due to the COVID-19 pandemic.

Cboe Global Markets Announces Planned Retirement Of Chief Marketing And Communications Officer, Appoints Successor

Date 09/12/2020

• Carol Kennedy, Chief Marketing and Communications Officer, to retire after 27 years with company
• Stacie Fleming, Vice President, Marketing and Communications, to succeed Kennedy