News Centre

Statement Of SEC Commissioners Jackson And Lee On Non-Transparent Exchange Traded Funds

Date 15/11/2019

Yesterday the Commission took action on four applications for a relatively new type of exchange-traded fund. Unlike other ETFs, these funds won’t provide full daily transparency of exactly what’s in their portfolios. We are grateful to the tremendous Staff in the Division of Investment Management, especially Director Dalia Blass and her colleagues Daniele Marchesani, Andrea Ottomanelli Magovern, Deepak T. Pai, Kay-Mario Vobis, and Bradley Gude for the thoughtful approach they have taken to the hard questions raised by these applications. Because the Staff’s work produced important guardrails that will help protect investors from the risks of non-transparent funds, we voted to support these actions.

Remarks Of DSIO Director Joshua B. Sterling Before The K&L Gates Chicago Investment Management Conference, November 14, 2019, Trillions

Date 15/11/2019

Introduction.

Good morning.  I wish to begin by thanking K&L Gates for hosting this important conversation, and for the hospitality that they have extended to all gathered here today.

It is impossible to overstate the value of the bar in an open society that is sustained by a common respect for natural rights, fealty to the law, and the coruscating power of free markets.  Those markets afford a broad and grand wealth unparalleled in human history, and they operate under laws enacted with the consent of the governed.  General prosperity is only possible in such a system.  The alternative prescription of resource distribution by fiat would visit upon everyone a moribund and general destitution, delivered by a government of thuggery, cloaked in the color of law and malevolent towards the very idea that individual freedom is the birthright of all.

Ontario Securities Commission Seeks Applications For The Securities Proceedings Advisory Committee

Date 15/11/2019

The Ontario Securities Commission (OSC) is seeking new members to join the Securities Proceedings Advisory Committee.

CFTC Commitments Of Traders Reports Update

Date 15/11/2019

The current reports for the week of November 12th, 2019 are now available.

Statement On Whistleblower Program 2019 Annual Report To Congress, SEC Chairman Jay Clayton, Nov. 15, 2019

Date 15/11/2019

Today, the SEC’s Office of the Whistleblower (OWB) issued its Whistleblower Program Fiscal Year (FY) 2019 Annual Report to Congress (Annual Report).  FY 2019 marks the eighth full year for OWB.  Our whistleblower program has made substantial progress since its inception and has proven to be an invaluable component of our enforcement efforts.  From the receipt of a tip, complaint or referral (TCR), to the opening of an enforcement matter, through resolution of that matter and, ultimately, a whistleblower award determination, we are continuing to move more efficiently and with greater effect.  This progress is due in large part to continued coordination among our Division of Enforcement, OWB, and other Divisions and Offices of the Commission.

Federal Reserve Board: Financial Stability Report

Date 15/11/2019

This report summarizes the Federal Reserve Board’s framework for assessing the resilience of the U.S. financial system and presents the Board’s current assessment. By publishing this report, the Board intends to promote public understanding and increase transparency and accountability for the Federal Reserve’s views on this topic.

SEC Awards Over $260,000 To Whistleblowers For Their Help In Spotting Securities Fraud

Date 15/11/2019

The Securities and Exchange Commission today announced an award to three individuals who jointly submitted a tip alerting the agency to a well-concealed fraud targeting retail investors.  The information led to a successful enforcement action.  The whistleblowers, who were themselves harmed investors, will collectively receive a payment of over $260,000 based on current collections.

Nigerian Stock Exchange Weekly Market Report For November 15th 2019

Date 15/11/2019

The market opened for four trading days this week as the Federal Government of Nigeria declaredMonday 11th November 2019 a Public Holiday to mark the Eid-Ul-Maulud celebrations.

CFTC To Hold An Open Commission Meeting On November 25

Date 15/11/2019

U.S. Commodity Futures Trading Commission Chairman Heath P. Tarbert today announced the CFTC will hold an open meeting on Monday, November 25, 2019, at 10:00 a.m. EST at its headquarters in Washington, DC to consider the following:

• Final Rules:  Amendments to Part 4:  Registration and Compliance Requirements for Commodity Pool Operators and Commodity Trading Advisors
  • Amendments to Rules 4.7, 4.13, and 4.14 (Codification of Relief for Family Offices and Relief Related to the JOBS Act)
  • Amendments to Rules 4.5 and 4.27 (Updating Exclusions and Adding Reporting Relief)
• Proposed Rule: Amendments to Swap Clearing Requirement Exemptions under Part 50

Government Finance Officers Association (GFOA) Mini-Muni Conference Welcome Remarks, SEC Chairman Jay Clayton, Washington, D.C., Nov. 14, 2019

Date 15/11/2019

Thank you for that kind introduction.  I am pleased to kick off today’s GFOA Mini-Muni Conference.  You have an impressive list of panelists today, including the Commission’s own Rebecca Olsen, Director of our Office of Municipal Securities.  I hope that today’s discussions will be enlightening and productive.