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  • SEC Announces Agenda, Panelists For Staff Roundtable On Emerging Markets

    Date 01/07/2020

    The Securities and Exchange Commission today announced the agenda and panelists for the July 9, 2020 staff roundtable on investing in emerging markets, including China.  Further information, including prior statements and actions in this area, are available here.

  • U.S. Seeks To Recover Approximately $96 Million Traceable To Funds Allegedly Misappropriated From Malaysian Sovereign Wealth Fund

    Date 01/07/2020

    The Justice Department announced today the filing of civil forfeiture complaints seeking the forfeiture and recovery of approximately $96 million in assets allegedly associated with an international conspiracy to launder funds misappropriated from 1Malaysia Development Berhad (1MDB), a Malaysian sovereign wealth fund.  Combined with earlier civil forfeiture complaints filed begining in July 2016, the United States has sought the forfeiture of more than $1.8 billion in assets traceable to funds embezzled from 1MDB.  To date, as a result of these actions, the United States has recovered or assisted Malaysia in recovering nearly $1.1 billion in assets associated with the 1MDB international money laundering and bribery scheme.  This case represents the largest action brought under the department’s Kleptocracy Asset Recovery Iniative as well as the largest civil forfeiture action in the Justice Department’s history.

  • US Federal Agencies Provide Largest Firms With Information For Next Resolution Plans

    Date 01/07/2020

    The Federal Deposit Insurance Corporation and the Federal Reserve Board today provided information to the eight largest and most complex domestic banking organizations that will guide their next resolution plans, which are due by July 1, 2021.


  • CFTC Swaps Report Update

    Date 01/07/2020

    CFTC's Weekly Swaps Report has been updated, and is now available.


  • BOX Exchange Fee Change – July 2020

    Date 01/07/2020

    BOX Exchange LLC (“BOX” or “Exchange”) is including long stock strategies to the BOX Fee Schedule. 1 A long stock interest strategy is defined as a transaction done to achieve long stock involving the purchase, sale, and exercise of in-the-money options of the same class.