News Centre

SEC Charges Portfolio Manager And Advisory Firm With Misrepresenting Risk In Mutual Fund

Date 27/01/2020

The Securities and Exchange Commission today announced charges against a New York-based investment adviser for misleading investors about the management of risk in a mutual fund. Catalyst Capital Advisors LLC (CCA) and its President and Chief Executive Officer, Jerry Szilagyi, agreed to pay a combined $10.5 million to settle the charges.  The SEC also filed a complaint in federal district court in Madison, Wisconsin, against Senior Portfolio Manager, Edward Walczak, for fraudulently misrepresenting how he would manage risk for the fund.

Registration Open For CFTC, Kansas State University’s AgCon2020 - CFTC, K-State Partner For Third Annual Agricultural Commodity Futures Conference

Date 27/01/2020

The Commodity Futures Trading Commission and the Center for Risk Management Education and Research at Kansas State University today announced that registration is open for the third annual Agricultural Commodity Futures Conference (AgCon2020). First held in 2017, the conference is scheduled for April 1-2 in Overland Park, Kansas. Register for AgCon2020 HERE.

SEC Office Of Compliance Inspections And Examinations Publishes Observations On Cybersecurity And Resiliency Practices

Date 27/01/2020

The Securities and Exchange Commission Commission's Office of Compliance Inspections and Examinations (OCIE) today issued examination observations related to cybersecurity and operational resiliency practices taken by market participants.

High-Level Debate On The Ambitious But Vague EUROPEAN GREEN DEAL: Will It Provide EU Citizens With Sustainable Value For Money?

Date 27/01/2020

The new President of the European Commission refers to the European Green Deal as “Europe’s man-on-moon moment”. BETTER FINANCE strongly supports the Green Deal, the most important shift in European energy policy we have seen in the last two decades. But since the devil is in the detail, it raises the question whether the proposed measures are enough to reach carbon neutrality by 2050 and provide sustainable value for money for EU citizens as pension savers and investors?  As proven by the CMU (Capital Markets Union) Plan, ambitious long-term goals are easier to set than to fulfil….

SSY Futures Ltd Arranges The First Options Trade In Mid Western Aluminium Delivery Premium

Date 27/01/2020

SSY Futures Ltd is pleased to announce that it has arranged the first trade in Mid Western Aluminium Delivery Premium options. The trade was for 250 metric tonnes per month of the contract for settlement basis the third quarter of 2020 against an index published by Platts. The call option has a strike of 17c per pound, and was at a premium of half a cent per pound.

Deutsche Börse: Qontigo Combines Index And Analytics Expertise In STOXX Factor Indices

Date 27/01/2020

Qontigo has launched the STOXX Factor Index suite, bringing together the powerful indexing and analytics capabilities of Qontigo. The new STOXX Factor Index suite delivers more clarity to the market for factor investors by relying on the institutionally tested analytics of Axioma Factor Risk Models.

Verhofstadt On Future EU-UK Relations: “We Should Be Ambitious”

Date 27/01/2020

Ahead of Wednesday’s vote on the withdrawal agreement, we talked to Parliament’s Brexit coordinator Guy Verhofstadt (Renew Europe, Belgium).

OCC Receives SEC Approval Of New Capital Management Policy

Date 27/01/2020

OCC, the world's largest equity derivatives clearing organization, today announced that it received regulatory approval of its new capital management policy by the U.S. Securities and Exchange Commission (SEC).

Broadridge Brings Together Wealth Business Under Michael Alexander

Date 27/01/2020

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader and part of the S&P 500® Index, today announced that Michael Alexander has been appointed President, Wealth Management. In this newly created position, he will be responsible for bringing together Broadridge’s Wealth solutions into an integrated, market-leading Wealth Management business that will uniquely address Wealth Management firms’ need to transform their technology and business models. Mr. Alexander will report directly to Tom Carey, President of Global Technology and Operations.

PwC Luxembourg And Tokeny Solutions Join Forces In JBR To Bring New And Innovative Services Linked With Tokenisation To The Financial And Non-Financial Markets

Date 27/01/2020

• JBR offers one-stop shop solution for tokenisation projects.
  
• PwC Luxembourg’s Blockchain and Crypto-Assets Team, combined with Tokeny’s state-of the art platform, will support market players tackling disruption of the financial and non-financial markets.
  
• This collaboration demonstrates PwC Luxembourg’s commitment to blockchain technology and sustains its leadership position in the Luxembourg market.