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OneChicago 2017 FIA Disaster Recovery Testing - Effective Dates: September 9 & October 14, 2017
Date 16/08/2017
OneChicago, LLC (“OneChicago”) is issuing this Notice to Members (“NTM”) 2017-43 to inform market participants that OneChicago will be participating in the 2017 FIA Disaster Recovery Testing on Saturday, October 14, 2017, between 8:00 a.m. and 2:00 p.m. Central Time. Prior to the Disaster Recovery Testing is a Connectivity Testing on Saturday, September 9, 2017, between 8:00 a.m. and 1:00 p.m. Central Time. While testing is optional, OneChicago highly encourages its users to participate in order to make sure they are equipped to access OneChicago markets under disaster recovery conditions. Please reference the 2017 FIA Disaster Recovery Testing Overview, which is attached to this NTM.
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OneChicago 2017 FIA Disaster Recovery Testing - Effective Dates: September 9 & October 14, 2017
Date 16/08/2017
OneChicago, LLC (“OneChicago”) is issuing this Notice to Members (“NTM”) 2017-43 to inform market participants that OneChicago will be participating in the 2017 FIA Disaster Recovery Testing on Saturday, October 14, 2017, between 8:00 a.m. and 2:00 p.m. Central Time. Prior to the Disaster Recovery Testing is a Connectivity Testing on Saturday, September 9, 2017, between 8:00 a.m. and 1:00 p.m. Central Time. While testing is optional, OneChicago highly encourages its users to participate in order to make sure they are equipped to access OneChicago markets under disaster recovery conditions. Please reference the 2017 FIA Disaster Recovery Testing Overview, which is attached to this NTM.
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Acting Manhattan U.S. Attorney Announces Agreement With Swiss Asset Management Firm To Resolve Criminal Tax Investigation - Prime Partners SA Will Pay $5 Million In Forfeiture And Restitution - Receives Non-Prosecution Agreement As A Result Of Its Extraordinary Cooperation
Date 16/08/2017
Joon H. Kim, the Acting United States Attorney for the Southern District of New York, Stuart M. Goldberg, Acting Deputy Assistant Attorney General of the Justice Department’s Tax Division, and James D. Robnett, Special Agent in Charge of the Internal Revenue Service, Criminal Investigation (“IRS-CI”), announced today that Prime Partners SA (“Prime Partners”) entered into a non-prosecution agreement (“NPA”) with the U.S. Attorney’s Office and agreed to pay $5 million to the United States for assisting U.S. taxpayer-clients in opening and maintaining undeclared foreign bank accounts from 2001 through 2010. The NPA was based on Prime Partners’ extraordinary cooperation, including its voluntary production of approximately 175 client files for non-compliant U.S. taxpayer-clients, and provides that Prime Partners will not be criminally prosecuted. The NPA requires Prime Partners to forfeit $4.32 million to the United States, representing certain fees that it earned by assisting its U.S. taxpayer-clients in opening and maintaining these undeclared accounts, and to pay $680,000 in restitution to the IRS, representing the approximate unpaid taxes arising from the tax evasion by Prime Partners’ U.S. taxpayer-clients.
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Nadex Relists US SmallCap 2000 Contracts
Date 16/08/2017
On June 22, 2017, North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) submitted to the Commodity Futures Trading Commission (the “Commission”) a self-certification submission providing notice that the underlying asset class for the Nadex US SmallCap 2000 Variable Payout and Binary contracts, namely the Russell 2000® Index Futures, would be moving from the Intercontinental Exchange (“ICE”) to CME Group (“CME”). This submission also indicated that following the change of trading venue that would occur on July 10, 2017, Nadex would monitor the activity in the underlying market, and would not relist its US SmallCap 2000 contracts until it is satisfied sufficient activity exists in the new underlying market in order to settle the contracts with an expiration value which appropriately reflects the market. Accordingly, Nadex now plans to resume the listing of its US SmallCap 2000 Daily and Weekly contracts for the open of business on trade date August 16, 2017. Nadex will resume listing its Intraday contracts for the open of business on trade date August 17, 2017.
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Brian Quintenz Sworn In As A Commissioner Of The U.S. Commodity Futures Trading Commission
Date 16/08/2017
Brian Quintenz was officially sworn in today, after being unanimously confirmed by the U.S. Senate on August 3, to serve as a Commissioner of the U.S. Commodity Futures Trading Commission (CFTC), the federal agency that oversees the commodity futures, options and swaps industry. His term expires in April 2020.
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Treasury International Capital Data For June
Date 15/08/2017
The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for June 2017. The next release, which will report on data for July 2017, is scheduled for September 18, 2017.
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AgriClear And United Producers Inc. Announce Strategic Alliance - One Of North America's Largest Livestock Marketing Cooperatives Teaming Up With Agriclear To Enhance Digital Livestock Marketing Solutions
Date 15/08/2017
AgriClear, North America's premier online cattle transaction and payment platform, together with United Producers Inc. (UPI), one of North America's largest farmer owned and operated livestock marketing cooperative, today announced a collaborative agreement to benefit livestock farmers across the Midwest. UPI will now utilize AgriClear as its digital marketing solution for online cattle transactions, which will bring innovative livestock marketing technology to current and future UPI members.
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London Stock Exchange Group Plc Transaction In Own Shares
Date 15/08/2017
London Stock Exchange Group plc (the "Company") announces that it has purchased through RBC Europe Limited, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 26 April 2017, the following number of its ordinary shares of 6 79/86 pence each ("Shares") on the London Stock Exchange as part of the buyback programme announced on 29 March 2017:
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CFTC Orders Aruba-based Copersucar Trading A.V.V. To Pay A $300,000 Penalty For Executing Wash Trades On ICE
Date 15/08/2017
The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against Copersucar Trading A.V.V. (Copersucar), an Aruban corporation and a subsidiary of Copersucar S.A., the world’s largest sugar and ethanol company, based in São Paolo, Brazil, for executing prearranged, noncompetitive wash trades involving Sugar No. 11 futures Trade at Settlement (TAS) contracts traded on ICE Futures U.S., Inc. (ICE), a designated contract market. The Order requires that Copersucar pay a $300,000 civil monetary penalty.
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SEC Charges KPMG With Audit Failures
Date 15/08/2017
The Securities and Exchange Commission today announced that KPMG has agreed to pay more than $6.2 million to settle charges that it failed to properly audit the financial statements of an oil and gas company, resulting in investors being misinformed about the energy company’s value. KPMG’s engagement partner in charge of the audit also agreed to settle charges against him.
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