News Centre

Keynote Address By Loh Boon Chye, CEO Of SGX, At The FIA Asia Derivatives Conference

Date 02/12/2020

Defining Asia’s Decade

Introduction

1. Good morning. First of all I wish to congratulate our friends at the FIA for putting together a strong calendar of virtual events throughout 2020 despite the immense challenges. You have brought together some 500 attendees for FIA Asia this week – very well done.

Nadex Amends Refer-A-Friend Program

Date 01/12/2020

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and section §40.6(a) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) submitted to the Commission on December 1, 2020 its plans to amend its a Refer-a-Friend Program.  Specifically, Nadex is amending the initial deposit amount required, the timeframe within which all eligibility requirements must be met, the payment amount, and the number of individuals that can be referred. 

CFTC To Hold An Open Commission Meeting On December 8

Date 01/12/2020

Commodity Futures Trading Commission Chairman Heath P. Tarbert today announced the CFTC will hold an open meeting on Tuesday, December 8, 2020 at 9:30 a.m. (EST). The meeting will be held virtually in accordance with the agency’s implementation of social distancing due to the COVID-19 (coronavirus) pandemic.

NZX Investor Day And Earnings Guidance Update

Date 01/12/2020

NZX is today hosting an Investor Day to update analysts and investors on business activities and strategy. The full presentation is available in the Investor Centre on nzx.com.

New York Attorney General Letitia James Announces Final Rules To Modernize And Streamline Securities Filings In NYS - Adopted Rules Will Move Filers To National Electronic Systems, Create Greater Protections For Investors

Date 01/12/2020

New York Attorney General Letitia James today announced the adoption of final rules that will modernize registration and filing with the Investor Protection Bureau (IPB) in the Office of the Attorney General (OAG). This adoption is the latest step in Attorney General James’ ongoing efforts to streamline and enhance the oversight of the securities industry in New York by moving filings and payments to standardized federal and multi-state systems. Once these changes are fully implemented in 2021, New York’s registration procedures will better conform to the federal securities registration regime, cure industry confusion when it comes to certain registration requirements, and better track exam requirement compliance and disciplinary disclosures for thousands of investment advisers who provide investment advice to New Yorkers. Earlier this year, while these new rules were being completed, Attorney General James announced procedural changes to respond to growing impediments stemming from the coronavirus disease 2019 (COVID-19) public health crisis. An update to those changes, that reflect the new rules and recent executive orders, can be found on the OAG website.

Ontario Securities Commission Proposes Elimination Of Routine Exemptive Relief Applications For International Firms

Date 01/12/2020

The Ontario Securities Commission (OSC) today published a proposal that would reduce the regulatory burden for international dealers and advisers that provide trading or advisory services to institutional investors in Ontario.  The proposal would eliminate the need for these firms to file routine applications for exemptive relief and would enhance institutional investor access to international options and futures markets, thereby reducing regulatory costs for such institutional investors.

Strategic Partnership Between CIRANO And The Autorité Des Marchés Financiers For The Promotion Of FinÉcoLab Educational Games In Quebec Schools

Date 01/12/2020

The Centre for Interuniversity Research and Analysis on Organizations (CIRANO) and the Autorité des marchés financiers are proud to announce the conclusion of a partnership agreement that will promote FinÉcoLab educational games over the next five years.

SEC Charges Unregistered Investment Adviser With Defrauding Puerto Rico Municipality

Date 01/12/2020

The Securities and Exchange Commission today charged an unregistered investment adviser based in Orlando, Florida for defrauding the Municipality of Mayagüez, Puerto Rico and misappropriating $7.1 million of taxpayer funds.

CFTC Division Of Enforcement Issues Annual Report - Agency Ordered Over $1.3 Billion In Monetary Relief And Brought Record Number Of Actions In FY 2020

Date 01/12/2020

The Commodity Futures Trading Commission’s Division of Enforcement today issued its annual report for Fiscal Year 2020 (FY 2020). The report catalogues the agency’s efforts to protect the public and preserve market integrity over that period, which yielded historic results despite the impact of the COVID-19 pandemic.

SEC Charges Boiler Rooms Operator With Defrauding Retail Investors

Date 01/12/2020

The SEC today charged New York resident Mark Alan Lisser with fraud for operating at least two boiler rooms, on Long Island, New York and in Boca Raton, Florida, through which he raised approximately $2.1 million from at least 71 retail investors and misappropriated more than $900,000 of their funds.