News Centre

Arm Holdings Plc To Join The Nasdaq-100 Index® Beginning June 24, 2024

Date 14/06/2024

Nasdaq (Nasdaq: NDAQ) today announced that Arm Holdings plc (Nasdaq: ARM), will become a component of the Nasdaq-100 Index® (Nasdaq: NDX®), the Nasdaq-100 Equal Weighted™ Index (Nasdaq: NDXE™), the Nasdaq-100 Tech Sector™ Index (Nasdaq: NDXT™), the Nasdaq-100 Technology Sector Market-Cap Weighted™ Index (Nasdaq: NDXTMC™), and the Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index (Nasdaq: NDXT10™) prior to market open on Monday, June 24, 2024. Arm Holdings plc will replace Sirius XM Holdings Inc. (Nasdaq: SIRI) in the Nasdaq-100 Index® and the Nasdaq-100 Equal Weighted™ Index. Sirius XM will also be removed from the Nasdaq-100 Ex-Tech Sector™ Index (Nasdaq: NDXX™), the Nasdaq-100 ESG Index (Nasdaq: NDXESG™), the Nasdaq-100 Sustainable ESG Select Index (Nasdaq: NDXSES™), and the Nasdaq-100 Target 25 Index® (Nasdaq: NDXT25™) on the same date.

Tokyo Financial Exchange: Trade Suspension For Three-Month Euroyen Futures

Date 14/06/2024

Trade matching of Three-month Euroyen futures shall be suspended at 3:30pm JST of June 28 2024.

New Zealand Financial Markets Authority Provides Additional Support To Smaller Firms For CoFI Licensing

Date 14/06/2024

The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – has today published an information sheet specifically for smaller firms to assist in establishing and maintaining a Fair Conduct Programme (FCP) and applying for a Financial Institution (CoFI) licence.  

SEC: Terraform And Kwon To Pay $4.5 Billion Following Fraud Verdict - Kwon To Contribute More Than $200 Million, Terraform To Wind Down, And Assets To Be Distributed To Investor Victims And Creditors In Bankruptcy

Date 13/06/2024

The Securities and Exchange Commission today announced that Terraform Labs PTE, Ltd. and Do Kwon agreed to pay more than $4.5 billion following a unanimous jury verdict holding them liable for orchestrating a years-long fraud involving crypto asset securities that led to massive investor losses when the scheme unraveled.

FSI, ICI, IRI, SIFMA Urge Senate Passage Of Financial Exploitation Prevention Act - Call Comes Ahead Of World Elder Abuse Awareness Day

Date 13/06/2024

As World Elder Abuse Awareness Day approaches, the Financial Services Institute (FSI), the Investment Company Institute (ICI), the Insured Retirement Institute, and the Securities Industry and Financial Markets Association (SIFMA) call on senators to pass the Financial Exploitation Prevention Act (S. 1841) and for President Biden to sign it into law. The bill aims to protect vulnerable adults from financial exploitation by permitting companies to postpone securities redemption if they suspect exploitation of seniors or individuals unable to protect their interests.

Oral Testimony Before The Subcommittee On Financial Services And General Government, SEC Chair Gary Gensler, Washington D.C., June 13, 2024

Date 13/06/2024

Good morning, Chair Van Hollen, Ranking Member Hagerty, and members of the Subcommittee. Thank you for inviting me to testify today on the Securities and Exchange Commission’s Fiscal Year (FY) 2025 budget request.

CFTC Chairman Behnam To Participate In A Fireside Chat At The 2024 Salzburg Global Seminar Finance Forum

Date 13/06/2024

US Justice Department Repatriates $1.4B Misappropriated 1MDB Funds To Malaysia

Date 13/06/2024

The Justice Department announced today that it has repatriated an additional $156 million in misappropriated 1Malaysia Development Berhad (1MDB) funds to the people of Malaysia, bringing the total returned by the department to approximately $1.4 billion.

EBA Issues Revised List Of ITS Validation Rules

Date 13/06/2024

The European Banking Authority (EBA) issued today a revised list of validation rules in its Implementing Technical Standards (ITS) on supervisory reporting, highlighting those, which have been deactivated either for incorrectness or for triggering IT problems. Competent Authorities throughout the EU are informed that data submitted in accordance with these ITS should not be formally validated against the set of deactivated rules.

CFTC Permanently Revokes Registrations Of Mississippi-Based Commodity Trading Advisor And Associated Person

Date 13/06/2024

The Commodity Futures Trading Commission today issued an opinion and order revoking the registrations of Ted Brent Alexander of Jackson, Mississippi. The CFTC filed a Notice of Intent to Revoke Registration Pursuant to Section 8a(2) of the Commodity Exchange Act (CEA) against Alexander on March 13, 2024. [See CFTC Press Release No. 8876-24]. The CFTC action is based on Alexander’s guilty plea to conspiracy to commit wire fraud in a federal criminal case.