News Centre

Securities Commission Malaysia Reaches Out To Capital Market Investors In Sabah

Date 29/06/2019

The Securities Commission Malaysia (SC) today launched its inaugural East Malaysia investor education initiative titled ‘Bersama InvestSmart® @ Borneo – Sabah 2019’, officiated by YAB Datuk Seri Panglima Haji Mohd Shafie bin Haji Apdal, Chief Minister of Sabah at Imago Mall, Kota Kinabalu. The Sabah Chief Minister was represented by the state’s Assistant Minister of Finance, YB Tuan Sarifuddin Hata.

IMF Managing Director Christine Lagarde Calls For Stronger International Cooperation

Date 29/06/2019

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of the Group of 20 (G20) Leaders’ Summit in Osaka, Japan:

“I would like to congratulate Prime Minister Shinzo Abe, Deputy Prime Minister Taro Aso, and Bank of Japan Governor Haruhiko Kuroda for their chairmanship of this G20 Summit, and for their warm hospitality."

16th Consecutive Nasdaq Closing Cross Sets Record For Number Of Shares Traded During 2019 Russell US Indexes Reconstitution

Date 28/06/2019

Nasdaq (Symbol: NDAQ) today announced the Nasdaq Closing Cross had a record day as it was used for the 16thconsecutive year to rebalance Nasdaq-listed securities in the entire family of  Russell U.S. Indexes, part of leading global index provider FTSE Russell, during their annual reconstitution.

CFTC Commitments Of Traders Reports Update

Date 28/06/2019

The current reports for the week of June 28, 2019 are now available.

S&P Dow Jones Indices Europe Dashboard

Date 28/06/2019

• The S&P Europe 350® is having its best year since 1998. As was the case back then, technology led the way up. 
• On the macro-economic front, it was a case of “bad news is good news” for European markets in June. The European Central Bank said just enough to convince market participants that it would likely return to stimulus, driving down sovereign yields across the board. 
• With a late-cycle feel to the equity market’s gains, quality stocks were in focus, and the S&P Europe 350 Quality rose to the top of the equity factor table.  

CFTC Orders Commodity Trading Firm To Pay Penalty For Wash Sales And Improve Its Internal Controls

Date 28/06/2019

The Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Respondent, Eagle Market Makers, Inc. (Eagle), an Illinois firm, for engaging in wash sales and noncompetitive transactions which were traded on the Chicago Board of Trade (CBOT) and the Chicago Mercantile Exchange, Inc. (collectively, CME).  The Order requires Eagle to pay a $350,000 civil monetary penalty and implement and improve its internal controls and procedures.

Baby On Board: Remarks Before The Society For Corporate Governance National Conference, SEC Commissioner Hester M. Peirce, San Diego, California, June 28, 2019

Date 28/06/2019

A few months ago there was an article in the Washington Post about the baby on board signs that seem to be on so many cars. The article’s timing was perfect because I had just seen one of those signs and remember wondering why they seemed to be making a come-back. At one point, those signs were everywhere, on almost every car. Then they seemed to disappear for a while, but now they are back. The article gave the history of the signs, which first hit rear windows in 1986, assessed the psychology behind their popularity, and reported on people’s reaction to them. The article speculates that for parents driving their infants around on dangerous roadways, these signs serve as “protective talismans.” Less superstitious parents might also use the signs to signal emergency responders in case of an accident that there is a baby in the car. Other drivers see the signs as a way of announcing to the world that you are a parent or as pleas for others to drive carefully. At bottom, the article suggests, the signs seem to reflect a jumble of parental emotions—anxiety, pride, love, and deep respect for the preciousness of life. Also reflecting a jumble of emotions, is the recent “Lady on Board” trend. Before I turn to this topic, I better give my disclaimer. The views that I represent are my own and not necessarily those of the Securities and Exchange Commission or my fellow Commissioners.

CFTC Extends Public Comment Period For Proposal to Amend Derivatives Clearing Organization Regulations

Date 28/06/2019

The Commodity Futures Trading Commission (CFTC) announced today that it is extending to September 13 the comment period for the proposed rulemaking to amend certain regulations that apply to derivatives clearing organizations under Part 39 of the CFTC’s regulations. 

BOX Exchange Fee Change – July 2019

Date 28/06/2019

Effective July 1, 2019, BOX Exchange LLC (“BOX”) is making the following changes to the BOX Fee Schedule: 

PIP and COPIP Transaction Fees   

BOX is proposing to amend certain PIP and COPIP Transaction fees for Professional Customers, Broker Dealers and Market Makers.

Euro Cyber Resilience Board For Pan-European Financial Infrastructures - Introductory Remarks By Sabine Lautenschläger, Member Of The Executive Board Of The ECB, At The Third Meeting Of The Euro Cyber Resilience Board For Pan-European Financial Infrastructures, Frankfurt Am Main, 28 June 2019

Date 28/06/2019

It is a pleasure to welcome you back to Frankfurt. As you may know, I recently became responsible for market infrastructures and payments at the ECB. As this includes the ECB’s work on the cyber resilience of financial market infrastructures (FMIs), I have taken over Benoît Cœuré’s chairmanship of the Euro Cyber Resilience Board for pan-European Financial Infrastructures (ECRB). I would first like to thank Benoît for his contribution in establishing the ECRB and for this opportunity to continue the excellent work on cyber resilience at European level which he has personally driven forward.