News Centre

Nadex Temporarily Amends Binary Contracts Strike Width

Date 19/06/2020

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.6(d) 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”) hereby provides notice that due to increased volatility in the underlying markets upon which the Nadex contracts are based, Nadex made changes to the strike widths of various contracts during the week of June 15, 2020 as indicated in the Weekly Notice. 

CFTC Commitments Of Traders Update

Date 19/06/2020

The current reports for the week of June 16, 2020 are now available.

U.S. Chamber Letter On Policing Reform Legislation

Date 19/06/2020

Today, the U.S. Chamber of Commerce issued a letter to Congress on policing reform legislation. Full letter below.

SEC Extends Relief For Virtual Meetings Of Fund Boards - SEC Continues To Closely Monitor The Impact Of COVID-19 On Investors, Funds, And Investment Advisers

Date 19/06/2020

Today, the Securities and Exchange Commission announced that it is extending conditional relief from the in-person voting requirements for fund boards that it originally provided in March 2020.  That relief will now extend at least through December 31, 2020.  Today’s extension is designed to provide flexibility to boards of registered funds and business development companies (funds) that may continue to face challenges meeting in person. 

PlexCoin - Autorité Des Marchés Financiers Brings Penal Proceedings Against Three Individuals

Date 19/06/2020

The Autorité des marchés financiers (AMF) is instituting penal proceedings against Dominic Lacroix, Sabrina Paradis-Royer and Yan Ouellet, charging them with seven counts of offences related to illegal distribution activities.

Nasdaq Pledges Continued Commitment To Diversity And Inclusion

Date 19/06/2020

• Makes Donations to the Equal Justice Initiative and NAACP
• Debuts ‘Amplifying Black Voices’ Artist Series on Nasdaq MarketSite Tower
• Launches Bell Ceremony Series to Acknowledge Frontline Heroes

SEC Awards Almost $700,000 To Whistleblower

Date 19/06/2020

The Securities and Exchange Commission today announced an award of almost $700,000 to a whistleblower whose significant information helped the agency bring a successful enforcement action that resulted in the return of money to harmed investors. The whistleblower reported the problem internally before contacting the SEC in an effort to remedy the conduct, and provided continued assistance throughout the SEC’s investigation.  

Nasdaq President And Chief Executive Officer Adena Friedman Believes Now Is The Time To Build A More Inclusive Economy

Date 19/06/2020

As impassioned protests against social injustice and systemic racism continue around the world, fueling a critical new conversation about equality and opportunity, Nasdaq President and Chief Executive Officer Adena Friedman believes that now is the “seminal moment” to build a more inclusive economy.

Introductory Comments, Federal Reserve Chair Jerome H. Powell, At "Building A Resilient Workforce," A Video Conference Sponsored By The Federal Reserve Bank Of Cleveland, Youngstown, Ohio (Via Webcast)

Date 19/06/2020

Thank you, President Mester and Treye Johnson, and thanks to everyone for joining us. My job today is to listen, so I will keep my remarks short. But I do want to say that these conversations are incredibly valuable. They give context to reams of data and definition to a huge and complex economic picture. They also help solve problems on a practical level. Feedback from our Investing in America's Workforce initiative found a pronounced need for workforce and economic development programs to more closely align, for instance. And employers' input has influenced work across the Fed System, including the Cleveland Fed, as they look at how skills on the lower end of the pay scale can transfer to higher-earning jobs. So from me, and on behalf of my colleagues: Thank you for your time today and for your ongoing insight.

SEC Emergency Action Halts Brothers’ Cryptocurrency Offering Fraud

Date 19/06/2020

The Securities and Exchange Commission today announced that it filed an emergency action and obtained a temporary restraining order and asset freeze against two Pennsylvania-based brothers and three entities they control to stop an offering fraud and the misappropriation of investor proceeds.