News Centre

SEC: Lawyers Charged With Assisting A Microcap Fraud Scheme

Date 11/10/2017

The Securities and Exchange Commission today charged two lawyers it alleges helped facilitate a microcap fraud scheme involving undisclosed “blank check” companies secretly bound for reverse mergers.

CFTC Charges California Resident Scott Allensworth, His Company E-Slate, Inc., Nevada Resident Robert J. Fusco, And Kentucky Resident David Weddle With Fraud, Misappropriation, And Registration Violations - Alleged Commodity Pool Fraud Took In More Than $3.1 Million From At Least 72 Pool Participants - Federal Court Enters Order Freezing Assets Of Allensworth, Fusco, And E-Slate And Protecting Books And Records

Date 11/10/2017

The Commodity Futures Trading Commission (CFTC) today announced the filing of a Complaint on October 2, 2017, in the U.S. District Court for the Central District of California. The CFTC Complaint, filed under seal, charges Defendants Scott Allensworth (d/b/a Capital Growth Group Associates and Cobra Development Group LLP), of Newhall, California; his California company E-Slate, Inc. (d/b/a Cobra Development Group LLP); Robert J. Fusco, of Henderson, Nevada; and David Weddle, of Somerset, Kentucky, with fraudulent solicitation, providing fabricated statements to pool participants, and misappropriation in connection with investments in two separate commodity pools. The Complaint also charges Defendants with registration violations.

Statement On Proposal Of FAST Act Modernization And Simplification Of Regulation S-K, SEC Commissioner Kara M. Stein

Date 11/10/2017

Good morning.  I would like to join Chairman Clayton in thanking the staff for their work on this proposal and, in particular, Shehzad Niazi, Daniel Morris and Angie Kim in the Division of Corporation Finance, Michael Pawluk and Matt DeLesDernier in the Division of Investment Management, Adam Yonce and Narahari Phatak in the Division of Economic and Risk Analysis, and Bryant Morris from the Office of General Counsel.

2017 CBOE Risk Management Conference Asia

Date 11/10/2017

• CBOE to Host 3rd Annual CBOE RMC Asia
• December 5 – 6, 2017 in Hong Kong

CFTC Swaps Report Update

Date 11/10/2017

CFTC's Weekly Swaps Report has been updated, and is now available.

SEC Files Charges In Snack Company Investment Scam

Date 11/10/2017

The Securities and Exchange Commission today charged three individuals who defrauded investors in a company that falsely claimed to be developing a caffeinated chocolate snack and nearing an acquisition by Monster Energy or Coca-Cola Co.

Minutes Of The Federal Open Market Committee, September 19-20, 2017

Date 11/10/2017

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on September 19-20, 2017. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the meeting is also included as an addendum to these minutes.

Statement At Open Meeting: Proposal To Modernize And Simplify Disclosure Requirements, SEC Chairman Jay Clayton

Date 11/10/2017

Good morning.  This is an open meeting of the United States Securities and Exchange Commission on October 11, 2017 under the Government in the Sunshine Act.

Thomson Reuters Celebrates Its Toronto Technology Centre’s First Anniversary With $100M Expansion

Date 11/10/2017

One year after the launch of the Thomson Reuters Technology Centre, the company today announced a new long-term facility for the Centre, a commitment totaling more than USD$100 million including both capital investments and a 12 year lease.

SEC Proposes Rules To Implement FAST Act Mandate To Modernize And Simplify Disclosure

Date 11/10/2017

The Securities and Exchange Commission today voted to propose amendments to modernize and simplify disclosure requirements for public companies, investment advisers, and investment companies and to implement a mandate under the Fixing America's Surface Transportation (FAST) Act. The proposed amendments would make adjustments to update, streamline or otherwise improve the Commission's disclosure framework.