News Centre

SEC Enforcement Chief Counsel Joe Brenner Retires

Date 23/08/2021

The Securities and Exchange Commission announced that Joseph K. Brenner has retired as the Chief Counsel of the Division of Enforcement, a role he held since January 2011. As Chief Counsel, Mr. Brenner served as the head of the Division of Enforcement's Office of Chief Counsel, where he oversaw the process of providing legal and policy advice on potential enforcement actions and other critical issues to the Division’s leadership and 1400-person staff.

Federal Court Orders Alabama Man To Pay More Than $16 Million In Precious Metals Fraud

Date 23/08/2021

The Commodity Futures Trading Commission announced today that the U.S. District Court for the Southern District of Texas entered a consent order against Charles McAllister of Alabama. The order requires McAllister to pay $16,186,212.56 in restitution and permanently enjoins McAllister from engaging in conduct that violates the Commodity Exchange Act (CEA), from registering with the CFTC, and from trading in any CFTC-regulated markets. 

SEC: Fee Rate Advisory #1 For Fiscal Year 2022

Date 23/08/2021

The Securities and Exchange Commission today announced that in fiscal year 2022 the fees that public companies and other issuers pay to register their securities with the Commission will be set at $92.70 per million dollars.

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

Date 23/08/2021

As per the Securities market risk parameters methodology, on 23.08.2021, 21-52 (MSK) the upper bound of the price band (up to 17239) and initial margins (up to 23.75 %) for the security NVDA-RM were changed. New values are available here

NGX Securities Lending Market Value Rises To N513Million

Date 23/08/2021

The value of the securities lending market of Nigerian Exchange (NGX) Limited has risen to N513Million as at 20 August 2021. According to NGX’s most recent report, there has been an uptick in stakeholders’ participation as 2.3 million units of MTNN valued at N395.6 million was borrowed.

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

Date 23/08/2021

As per the Securities market risk parameters methodology, on 23.08.2021, 19-03 (MSK) the upper bound of the price band (up to 3224) and initial margins (up to 25 %) for the security AA-RM were changed. New values are available here

Statement Of Commissioner Dawn D. Stump On The CFTC’s Regulatory Authority Applicable To Digital Assets

Date 23/08/2021

The CFTC’s regulatory oversight authority, as well as the application of our enforcement authority, must be well understood by the public.  Only then can proper regulatory compliance be demanded.  The recent growth in popularity of crypto products and other digital assets has drawn much attention to the question of how this new financial asset class is regulated in the United States.  In response, there has often been a grossly inaccurate oversimplification offered which suggests these are either securities regulated by the Securities and Exchange Commission, or commodities regulated by the Commodity Futures Trading Commission.  The prevalence of this misunderstanding about U.S. regulatory delineations has grown to a point that I believe requires correction.

Moscow Exchange: Risk Parameters Change On Securities Market - Update

Date 23/08/2021

CCP NCC will set the following risk parameters on Securities market due to corporate actions:
 

Finansinspektionen: Proposal To Repeal Regulations Regarding MREL Reporting

Date 23/08/2021

FI proposes that the regulations (FFFS 2019:1) regarding periodic reporting of data on the minimum requirement for own funds and eligible liabilities (MREL) be repealed.

Moscow Exchange: Risk Parameters For New Futures On Derivatives Market

Date 23/08/2021

CCP NCC sets the following risk parameters for new futures on Derivatives market starting from August 24, 2021:

1. Market risk rates and concentration limits: