News Centre

SEC Emergency Action Stops Digital Asset Scam - Defendants Claimed Expected Returns Of Up To 224,923%

Date 20/03/2020

The Securities and Exchange Commission today announced that it has obtained an asset freeze and other emergency relief to halt an ongoing securities fraud perpetrated by a former state senator and two others who bilked investors in and outside the U.S.

Canadian Securities Regulators Provide Guidance On Conducting Annual General Meetings During Covid-19 Outbreak

Date 20/03/2020

With increasing COVID-19 concerns in Canada and proxy season underway, the Canadian Securities Administrators (CSA) are aware that many reporting issuers are considering changes or alternatives to their in-person Annual General Meetings (AGMs). To help address any questions or concerns regarding changes or alternatives to upcoming AGMs, the CSA is providing the following guidance to assist reporting issuers while ensuring they still fulfill their obligations under securities legislation.

BOX Exchange Business Continuity Planning – Trading Floor Closure

Date 20/03/2020

On Monday, March 23, 2020, BOX Exchange LLC (“BOX”) will initiate its business continuity plan (“BCP”) and move, on a temporary basis, to fully electronic trading.  

Bahamas International Securities Exchange Pubic Notice – COVID-19

Date 20/03/2020

As The Bahamas International Securities Exchange (BISX) continues to monitor the Pandemic of the Novel Coronavirus disease (COVID-19) and adhere to the health guidelines published by the Government of The Bahamas, BISX will move to a fully paperless and digital environment.  

Access Bank Issues First Dual Listed Bond On Nigerian Stock Exchange And Luxembourg Stock Exchange

Date 20/03/2020

The successful listing of Access Bank’s N15Bn Green Bond on the Luxembourg Stock Exchange (LuxSE) represents a major milestone in the development of sustainable financing in Nigeria. The successful cross-listing of this 15.50 percent fixed rate green bond with five-year maturity has enjoyed many firsts including the first-ever climate bonds standard certified corporate green bond to be issued in Africa; the first to be listed on The Nigerian Stock Exchange (NSE) in 2019; and now, the first successful cross-listing of a bond born out of the partnership between NSE and LuxSE.

FINRA Appoints Greg Ruppert Executive Vice President Of National Cause And Financial Crimes Detection Programs

Date 20/03/2020

FINRA announced yesterday that it has named Greg Ruppert as Executive Vice President, National Cause and Financial Crimes Detection Programs. Ruppert will join FINRA March 23 and will report directly to Bari Havlik, Executive Vice President, Member Supervision.

Comment From Dr Ivan Petrella, Associate Professor Of Economics, Warwick Business School: Chancellor's Help To Pay Wages Most Effective Way To Protect Jobs From Coronavirus

Date 20/03/2020

Dr Ivan Petrella, Associate Professor of Economics at Warwick Business School, said:

"The Chancellor's announcement underscores the unprecedented nature of the economic slump associated with the Covid-19 outbreak.

"The Government measures aim to reduce uncertainty and provide a solid stimulus to an economy which is expected to slowly shut down in the coming weeks."

HM Treasury And Bank Of England: Covid Corporate Financing Facility – What Steps Does My Company Need To Take?

Date 20/03/2020

This page is designed for companies that would like to participate in the HM Treasury and the Bank of England’s CCFF.

ESMA Extends Consultations Response Dates

Date 20/03/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has decided to extend the response date for all ongoing consultations with a closing date on, or after, 16 March by four weeks.

Intercontinental Exchange Statement On News Reports Related To Transactions By Jeffrey Sprecher And Sen. Kelly Loeffler

Date 20/03/2020

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, has issued the following statement:

Intercontinental Exchange maintains a Global Personal Trading Policy that prohibits insider trading and discretionary trading of stocks by its employees without the prior consent of the company. With regard to recent media reports concerning securities transactions in the personal managed accounts for Intercontinental Exchange Chairman and CEO Jeff Sprecher and his wife, Senator Kelly Loeffler, Mr. Sprecher and Senator Loeffler have made clear that those transactions were executed by their financial advisors without Mr. Sprecher’s or Senator Loeffler’s input or direction.