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  • BOX Exchange: Facilitation Auto-Match Functionality

    Date 18/05/2020

    Effective June 8, 2020, BOX Exchange LLC (“BOX”) will introduce an automatic matching feature to the Facilitation Auction Mechanism.

  • SEC Charges Three Former KPMG Audit Partners For Exam Sharing Misconduct

    Date 18/05/2020

    The Securities and Exchange Commission today announced settled charges against three former KPMG LLP audit partners for improperly sharing answers to internal training exams and for subsequent wrongdoing during an investigation of exam sharing misconduct at the firm. The SEC previously charged KPMG with violations concerning the exam sharing misconduct, as well as for altering past audit work after receiving stolen information about inspections that would be conducted by the PCAOB.


  • Intercontinental Exchange Prices $2,500,000,000 In Senior Notes And Issues Notice Of Redemption Of 2.75% Senior Notes Due 2020

    Date 18/05/2020

    Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced today that it priced an underwritten public offering of $2.5 billion in new senior notes.

  • Financial Recovery Technologies Hires Head Of West Coast Sales

    Date 18/05/2020

    Financial Recovery Technologies (“FRT”), the leading provider of securities class action recovery services to institutional investors, has named Ayesha Boulware as Head of North America West Coast Sales. She joins FRT after having spent 23 years across various roles in client services, business development and electronic sales and trading. Most recently, Boulware managed ITG’s West Coast region. She has worked at Bloomberg, Portware and oversaw technology for multi asset trading desks at Merrill Lynch and Credit Suisse. She will be based out of San Francisco and report to Brandt Elliott, VP of North American Sales.

  • IMF Executive Board Approves A US$375 Million Disbursement To The Republic Of Uzbekistan To Address The Impact Of The COVID-19 Crisis

    Date 18/05/2020

    • The IMF Executive Board approved the disbursement of US$375 million under the Rapid Credit Facility and Rapid Financing Instrument to support Uzbekistan’s response to the COVID-19 pandemic.
    • The COVID-19 pandemic is significantly impacting Uzbekistan’s economy, reducing growth, and creating additional external and fiscal financing needs
    • Over the medium-term, fiscal and monetary policies are expected to maintain Uzbekistan’s fiscal and external sustainability and Uzbekistan is committed to continuing economic and structural reforms.

     

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