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  • 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.