News Centre

FTSE Russell Reclassifies Poland To Developed Market Status

Date 29/09/2017

• FTSE Russell has announced the upgrade of Poland from Emerging Market to Developed Market status on 29 September 2017.  The decision will be effective in conjunction with the FTSE Global Equity Index Series semi-annual review in September 2018
• Poland’s upgrade to Developed Market status represents an acknowledgement of the progress of the Polish economy and capital markets
• Poland has joined the 25 most developed economies of the world including Germany, France, Japan, Australia and USA
• Poland is the first Central and Eastern European economy to be upgraded to Developed Market status

SEC Exposes Two Initial Coin Offerings Purportedly Backed By Real Estate And Diamonds

Date 29/09/2017

The Securities and Exchange Commission today charged a businessman and two companies with defrauding investors in a pair of so-called initial coin offerings (ICOs) purportedly backed by investments in real estate and diamonds.

Deutsche Bank To Pay USD 190 Million In Forex Manipulation Lawsuit

Date 29/09/2017

Deutsche Bank has agreed to pay USD 190 million in penalties to settle allegations that it rigged foreign exchange rates.

SEC: Former Corporate Insider, Middleman Tipper, And Six Traders Charged With Insider Trading

Date 29/09/2017

The Securities and Exchange Commission today charged a former executive at Life Time Fitness Inc., a middleman tipper, and six traders with insider trading ahead of the announcement that the company would be purchased and taken private.

CFTC Commitments Of Traders Reports

Date 29/09/2017

The current reports for the week of  September 26, 2017 are now available.

Alberta Securities Commission Announces Dates For Open Sessions On Proposed Reforms To Discontinue Embedded Commissions

Date 29/09/2017

The Alberta Securities Commission (ASC) today announced open forums to further explore issues raised in CSA Consultation Paper 81-408 Consultation on the Option of Discontinuing Embedded Commissions which proposes regulatory action to prohibit embedded commissions and require all investors to enter into direct-pay agreements with their dealer firms. These sessions are being held as part of our ongoing consultation process on this matter.

SEC: Barred Broker Charged In Real Estate Investment Scheme

Date 29/09/2017

The Securities and Exchange Commission today charged a former broker, his company, and his business partner in an alleged real estate investment scheme utilizing high-pressure sales tactics to pilfer $6 million from retirees and other investors while using the proceeds to fund the broker’s lavish lifestyle and start e-cigarette businesses.

S&P Dow Jones Indices Europe Dashboard

Date 29/09/2017

SEC: Fee Rate Advisory #2 For Fiscal Year 2018

Date 29/09/2017

When fiscal year 2018 starts on Oct. 1, 2017, the Securities and Exchange Commission will be operating under a short-term continuing resolution, and thus will not have received a regular appropriation for FY 2018. 

CFTC Orders Logista Advisors LLC To Pay $250,000 For Supervision Failures Related To Spoofing On A Foreign Futures Exchange

Date 29/09/2017

The Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Logista Advisors LLC (Logista), a crude-oil-trading firm based in Houston, Texas. The Order finds that, from approximately September 2013 through October 2014, Logista failed to diligently supervise the handling by its employees and officers of commodity interest accounts and other activities relating to Logista’s business as a CFTC registrant, particularly in connection with its former employee’s improper crude oil futures trading on a foreign exchange and Logista’s response to the exchange’s inquiry into that trader’s misconduct. Logista is registered with the CFTC as a Commodity Trading Advisor and Commodity Pool Operator.