News Centre

SEC Charges Cumberland DRW For Operating As An Unregistered Dealer In The Crypto Asset Markets

Date 10/10/2024

The Securities and Exchange Commission today charged Chicago-based Cumberland DRW LLC with operating as an unregistered dealer in more than $2 billion of crypto assets offered and sold as securities, in violation of the registration requirements of the federal securities laws that are designed to protect investors.

SEC Issues $12 Million Award To Joint Whistleblowers

Date 10/10/2024

The Securities and Exchange Commission today announced a $12 million award to be split among three joint whistleblowers who provided critical information and assistance in an SEC enforcement action.

US Office Of The Comptroller Of The Currency Issues Cease And Desist Order, Assesses $450 Million Civil Money Penalty, And Imposes Growth Restriction Upon TD Bank, N.A. For BSA/AML Deficiencies

Date 10/10/2024

The Office of the Comptroller of the Currency (OCC) today announced a cease and desist order and a $450 million civil money penalty against TD Bank, N.A. and TD Bank USA, N.A. (bank), for deficiencies in the bank’s Bank Secrecy Act (BSA) and anti-money laundering (AML) compliance program. Today’s action also imposes a restriction on the growth of the bank and a measure designed to ensure that the bank invests sufficient resources to remediate its BSA/AML deficiencies in a timely manner.

SEC Charges Rimar Capital Entities And Owner Itai Liptz For Defrauding Investors By Making False And Misleading Statements About Use Of Artificial Intelligence - Rimar Capital USA, Inc. Board Member Clifford Boro Also Charged

Date 10/10/2024

The Securities and Exchange Commission today announced charges against Rimar Capital USA, Inc. (Rimar USA), Rimar Capital, LLC (Rimar LLC), Itai Liptz, and Clifford Boro for making false and misleading statements about Rimar LLC’s purported use of artificial intelligence, or AI, to perform automated trading for client accounts and numerous other material misrepresentations. The parties agreed to settle the SEC’s charges and pay $310,000 in total civil penalties.

EEX To Introduce Irish Power Futures And Extended Expiries For Selected Power Markets

Date 10/10/2024

The European Energy Exchange (EEX) is to launch a set of Irish Base Power Futures as first for this market, and extend expiries for a series of products for the Japanese French and Dutch power derivatives markets from 25 November 2024.

Miami International Holdings Reports Trading Results For September 2024 - Multiple Options And Equities Exchanges Report Record Volumes - MIAX Sapphire Market Share Surpasses 1.1% In September 2024

Date 10/10/2024

Miami International Holdings, Inc. (MIH), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today reported September 2024 trading results for its U.S. exchange subsidiaries – MIAX®, MIAX Pearl®, MIAX Emerald® and MIAX Sapphire™ (collectively, the MIAX Exchange Group), and MIAX Futures™.

Entrepreneurs, Innovation, And Participation, Federal Reserve Governor Lisa D. Cook, At The 2024 Women For Women Summit, Charleston, South Carolina

Date 10/10/2024

Thank you for the kind introduction, Jennet. Let me start by saying my thoughts are with all the people in Florida, Georgia, North Carolina, South Carolina, Tennessee and Virginia who have felt the force of Helene's and Milton's impact. I am saddened by the tragic loss of life and widespread disruption in this region. The Federal Reserve Board and other federal and state financial regulatory agencies are working with banks and credit unions in the affected area. As we normally do in these unfortunate situations, we are encouraging institutions operating in the affected areas to meet the needs of their communities.

Nasdaq Rises To 5th In RiskTech100 Global Ranking Following Launch Of Financial Technology Division

Date 10/10/2024

• Announcement comes ahead of the first anniversary of Nasdaq’s acquisition of Adenza
• Nasdaq also wins two awards for its financial crime management and regulatory reporting technology

EV MOTORS To Start Trading In BME Growth On Monday, October 14th

Date 10/10/2024

• The company, which debuts with an initial valuation of 329 million euros, is the fourth company to join the BME market this year

Moscow Exchange: Revised Lists Of The MOEX Indices

Date 10/10/2024

Depositary receipts of Globaltrans Investment PLC (code: GLTR, ISIN: US37949E2046) are excluded from the constituent lists of the MOEX Russia Index (IMOEX, IMOEX2), the RTS Index (RTSI), MOEX Russia CNY Index (IMOEXCNY) and the MOEX Active Management Index (IMOEXW), the MOEX Broad Market Index (MOEXBMI) and the RTS Broad Market Index (RUBMI), the MOEX Transportation Index (MOEXTN) and the RTS Transport Index (RTSTN), the MOEX SMID Index (MCXSM) and the RTS SMID Index (RTSSM) from October 14, 2024.