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  • CFTC Awards More Than $2 Million To Four Whistleblowers

    Date 04/05/2020

    The Commodity Futures Trading Commission today announced a whistleblower award exceeding $2 million to be shared among four whistleblowers. The CFTC granted the whistleblowers’ award applications for both a CFTC action and related actions brought by another regulator. In issuing the award, the CFTC recognized the contributions of the whistleblowers, who jointly submitted a tip to the CFTC.  Each of the whistleblowers also individually provided significant, ongoing assistance to the CFTC’s Division of Enforcement.

  • BETTER FINANCE: The EU Supervisor Falls Short Of Advising A Complete Ban On Commissions For “Retail” Investment Advisors

    Date 04/05/2020

    On 1 April 2020, the European Securities and Markets Authority (ESMA) published its advice on “inducements”1 (and on the disclosure of costs and charges) under “MiFID II”, one of the main EU investor protection directives up for review this year, pushing the issue off into the future by encouraging the European Commission (EC) to further deepen its assessment of the “inducements”.


  • Aquis Stock Exchange (Formerly NEX Exchange) Issues Consultation Paper On Transforming Its Markets

    Date 04/05/2020

    Aquis Exchange PLC - the listed exchange services group - has issued a consultation paper setting out a number of innovative proposals as to how it will transform what was formerly NEX Exchange (acquired in March, now ‘Aquis Stock Exchange’).

  • SEC Awards Almost $2 Million To Whistleblower

    Date 04/05/2020

    The Securities and Exchange Commission today announced an award of nearly $2 million to a whistleblower whose information and assistance helped the agency bring a successful enforcement action and allowed investors to recover much of their money.   


  • CME Group To Introduce Enhanced 3-Year U.S. Treasury Note Futures

    Date 04/05/2020

    CME Group, the world's leading and most diverse derivatives marketplace, today announced it will introduce an enhanced version of its 3-Year Treasury Note futures contract on July 13, 2020, pending regulatory review. New features will include a more robust basket of deliverable treasuries and reduced tick size.