News Centre

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.

Cboe Global Markets To Present At The Goldman Sachs 2020 U.S. Financial Services Virtual Conference Tuesday, December 8

Date 01/12/2020

Cboe Global Markets, Inc. (Cboe: CBOE), a market operator and global trading solutions provider, announced today that Ed Tilly, Chairman, President and Chief Executive Officer, and Brian Schell, Executive Vice President, Chief Financial Officer and Treasurer, will present at the Goldman Sachs 2020 U.S. Financial Services Virtual Conference on Tuesday, December 8 at 1:40 p.m. ET.

The Vermont Pension Investment Committee Selects Matrix IDM As A Record Keeping Platform

Date 01/12/2020

Matrix, the award-winning solution provider to asset owners and managers has been selected to provide the Vermont Pension Investment Committee (VPIC) with a full, end to end cloud-based data management managed service. The firm underwent a thorough due diligence process and were selected due to their proven reputation with asset owners. This in time will create increased efficiencies and value for the investment team.

MGEX Reports Second-Best November In History

Date 01/12/2020

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reports the second best November in the history of the Exchange with a total of 260,612 contracts traded. Compared to November 2019, this past month saw an 11% increase. This also puts November 2020 in the record book as the 16th best month overall for MGEX.

SEC Awards Over $6 Million To Joint Whistleblowers

Date 01/12/2020

The Securities and Exchange Commission today announced an award of over $6 million to joint whistleblowers whose information and assistance led to the successful enforcement of SEC and related actions.  The whistleblowers’ substantial assistance, provided to the SEC and another government agency, included submitting documents, participating in interviews, and identifying key individuals involved in the misconduct.

Moscow Exchange: Risk Parameters Change For The Securities

Date 01/12/2020

The following risk parameters will be changed:

Opening Remarks At The December 1, 2020 Meeting Of The Asset Management Advisory Committee, SEC Commissioner Hester M. Peirce, Dec. 1, 2020

Date 01/12/2020

Good morning and thank you Ed [Bernard]. Thank you also to the Committee members for your continued work.

As we approach the end of the year, it is almost not worth mentioning just how much has changed for asset managers since January 1, 2020. Remote worksites, technological challenges, stomach-twisting market volatility, and analog compliance obligations in a digital economy, were just some of the hurdles asset managers encountered and successfully cleared this year. The year is nearing an end, and we hope its unique challenges also will soon be history. As attention shifts to 2021, the asset management industry needs to prepare for the next set of challenges and opportunities, and I hope this committee will help us to think about how we can keep our regulatory structure adaptable too. Whether it is crypto assets, cybersecurity, or new uses for artificial intelligence, I want our rules to provide a framework within which the industry’s ingenuity can flourish for the benefit of investors.

Modernizing And Strengthening CRA Regulations: A Conversation With The Chicago Community Trust - Federal Reserve Governor Lael Brainard At The Chicago Community Trust, Chicago, Illinois

Date 01/12/2020

Good morning. I want to thank Dr. Helene Gayle for inviting me to join this conversation, along with the staff, grantees, and partners of the Chicago Community Trust and President Charlie Evans of the Federal Reserve Bank of Chicago. I appreciate the opportunity to discuss economic inclusion and the Community Reinvestment Act (CRA) and learn more about the Trust's work with its partners in Chicago.