News Centre

SEC Charges Top Executive Of California Microcap Company For Misleading Claims Concerning COVID-19 Test And Financial Statements

Date 25/09/2020

The Securities and Exchange Commission today charged Mark Schena, the President and Chief Science Officer of Arrayit Corporation, for making allegedly false and misleading statements concerning Arrayit's development of a COVID-19 blood test and its intention to resolve its delinquency in filing required periodic reports with the SEC.

Brigitte Trafford Joins LSEG As Chief Communications And Marketing Officer

Date 25/09/2020

London Stock Exchange Group (LSEG) announces today that Brigitte Trafford is joining the Group as Chief Communications and Marketing Officer and a member of the LSEG Executive Committee, reporting to David Schwimmer, CEO. In this newly created role, Brigitte will lead the Group’s Communications, Government Relations, Regulatory Strategy and Marketing functions.  

EBA Launches EU-Wide Transparency Exercise

Date 25/09/2020

The European Banking Authority (EBA) launched today its 7th annual EU-wide transparency exercise, with the objective of providing market participants with updated information on the financial conditions of EU banks as of June 2020, thus assessing the preliminary impact of the COVID-19 crisis on the sector. The EBA expects to publish the results of this exercise at the beginning of December, along with the Risk Assessment Report. 

BIS: Basel Committee Approves Annual G-SIBs Assessment, Updates Workplan To Evaluate Post-Crisis Reforms

Date 25/09/2020

• Basel Committee discusses Covid-19 risks to banking system; reiterates importance of using capital and liquidity buffers.
• Approves annual assessment exercise for global systemically important banks (G-SIBs).
• Updates its workplan to evaluate its post-crisis reforms to incorporate lessons learned from the Covid-19 crisis.

Keynote Address: Regulating With Our Eyes On The Future, Dalia Blass, Director, SEC Division Of Investment Management, Washington D.C., Sept. 24, 2020

Date 25/09/2020

Investment Company Institute 2020 Virtual Securities Law Developments Conference

Introduction

Good morning and thank you Dorothy Donohue for inviting me to speak with you today. I appreciate the opportunity to talk about how the Division is working to modernize the fund industry’s regulatory framework in a way that seeks to anticipate, or at least accommodate, future trends and developments.

Finansinspektionen Proposes Amended Rules And A Change In The Application Of Banks’ Capital Requirements

Date 25/09/2020

FI is proposing regulatory amendments and a change in the application of capital requirements for Swedish banks in order to adapt to the EU’s so-called banking package.

CME Group Inc. Announces Third-Quarter 2020 Earnings Release, Conference Call

Date 25/09/2020

CME Group Inc. will announce earnings for the third quarter of 2020 before the markets open on Wednesday, October 28, 2020. Written highlights for the quarter will be posted on the company's website at 6:00 a.m. Central Time, the same time it provides its earnings press release. The company will hold an investor conference call that day at 7:30 a.m. Central Time, at which time company executives will take analysts' questions. 

Global X Expanding Thematic ETF Range With China Biotech Innovation ETF (CHB) Tracking A Solactive Index

Date 25/09/2020

Solactive is proud to present the launch of a thematic index providing targeted exposure towards the rapidly growing Chinese biotechnology sector. The Solactive China Biotech Innovation Index aims to track the individual performance of twenty-seven of the largest and most liquid Chinese companies active in the field of Biotechnology. Global X in the USA utilizes this index for the issuance of an ETF delivering efficient access to a theme and industry characterized by high growth potential at the forefront of technological progress, biological advancement, and applied product development.

CFTC And 30 States Charge Los Angeles Precious Metals Dealers In Ongoing $185 Million Fraud Targeting The Elderly - Largest Joint Filing Between CFTC And State Regulators In History

Date 25/09/2020

The Commodity Futures Trading Commission and 30 state regulators that are members of the North American Securities Administrators Association (NASAA) announced the filing of a joint civil enforcement action in the U.S. District Court for the Northern District of Texas against two precious metals dealers and their companies for perpetrating a $185 million fraudulent scheme targeting elderly persons nationwide.

ESMA Reports Decrease In Prospectus Activity For 2019

Date 25/09/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator reports, in its Annual Report on prospectus activity, that in 2019 the number of prospectus approvals across the European Economic Area (EEA) decreased to 3,113 from 3,390 a fall of 8% compared to 2018. This decrease continues the downward trend observed since the 2008