News Centre

The UK Financial Conduct Authority Announces Outcome Of Investigation Into 4 Life Insurance Companies

Date 19/09/2018

The Financial Conduct Authority (FCA) has today announced that its remaining investigations into firms, following its thematic review into the fair treatment of longstanding customers in the life insurance sector, have each been closed.

United Kingdom Parliament Treasury Committee Update - “Wild West” Crypto-Assets Should Be Regulated

Date 19/09/2018

The Treasury Committee publishes a unanimously-agreed Report on crypto-assets for its Digital Currencies inquiry.

CFTC Orders ICAP Capital Markets LLC To Pay $50 Million Penalty For Aiding And Abetting Attempted Manipulation Of U.S. Dollar ISDAFIX Benchmark Swap Rates

Date 18/09/2018

The Commodity Futures Trading Commission (CFTC or Commission) today issued an Order filing and settling charges against ICAP Capital Markets LLC (ICAP), now known as Intercapital Capital Markets LLC (ICAP), for, by and through certain of its brokers, aiding and abetting numerous attempts by several of its bank clients to manipulate the ISDAFIX benchmark, a leading global benchmark referenced in a range of interest rate products, and requiring ICAP to pay a $50 million civil monetary penalty.

Preliminary Remarks By Michel Barnier, European Chief Negotiator For Brexit, Following The General Affairs Council (Article 50), On 18 September 2018, In Brussels

Date 18/09/2018

Ministers of Foreign and European Affairs of the EU27 meet on 18 September 2018 in Brussels to discuss the state of play of Brexit negotiations and the way ahead.

Remarks Of CFTC Commissioner Brian Quintenz Commodity Futures Trading Commission At The ICDA 39th Annual European Summit (Bürgenstock)

Date 18/09/2018

Introduction

Thank you for that kind introduction.  Before I begin, let me quickly say that the views contained in this speech are my own and do not represent the views of the Commission.

It is truly an honor to be giving this evening’s keynote at the Bürgenstock conference.  This event has a long and distinguished history – starting in 1980 and originating in Switzerland before moving this year to Frankfurt.  This is my first time in Frankfurt – a city that has been reborn and rejuvenated through focused effort and attention to detail.  As I enjoyed some of the city today, I was struck by old and new coming together, by how the modern can take on historic character.

SEC Staff To Host Roundtable On Regulatory Approaches To Combating Retail Investor Fraud

Date 18/09/2018

The Securities and Exchange Commission announced today that its Division of Trading and Markets will host a roundtable on Sept. 26 on combating retail investor fraud. The Commission staff is interested in views from a broad range of market participants, regulators and industry experts concerning potential steps that might be taken to enhance the ability of regulators, broker-dealers and others to combat retail investor fraud. 

New York Attorney General Underwood Issues Virtual Markets Integrity Report, Finding Many Platforms Vulnerable To Abusive Trading, Conflicts Of Interest, And Other Consumer Risks - Report And Interactive Website Outline What Cryptocurrency Platforms Are Doing – And Not Doing – To Protect Retail Customers From Theft, Fraud, And Abuse

Date 18/09/2018

Attorney General Barbara D. Underwood today announced the results of the Virtual Markets Integrity Initiative, a fact-finding inquiry into the policies and practices of platforms used by consumers to trade virtual or “crypto” currencies like bitcoin and ether.

SEC: Biopharmaceutical Company, Executives Charged With Misleading Investors About Cancer Drug

Date 18/09/2018

The Securities and Exchange Commission today announced that a Boulder, Colorado-based biopharmaceutical company, its CEO, and its former CFO will pay more than $20 million in penalties to settle charges of misleading investors about the company’s developmental lung cancer drug. 

Cboe Global Markets Transfers Common Stock Listing Exclusively to Cboe

Date 18/09/2018

• Cboe completes transfer of its primary stock exchange listing from Nasdaq 
• Cboe Global Markets’ ticker symbol remains “CBOE”

SEC: SeaWorld And Former CEO To Pay More Than $5 Million To Settle Fraud Charges - Company, Two Former Executives Charged With Misleading Investors About The Impact Of Documentary On Business

Date 18/09/2018

The Securities and Exchange Commission today announced that SeaWorld Entertainment Inc. and its former CEO have agreed to pay more than $5 million to settle fraud charges for misleading investors about the impact the documentary film Blackfish had on the company’s reputation and business. SeaWorld’s former vice president of communications also agreed to settle a fraud charge for his role in misleading SeaWorld’s investors.