News Centre

PNGX Group: Papua New Guinea’s Internal Revenue Commission Addresses Withholding Tax Concerns For Depository Interests

Date 02/02/2024

PNGX Group, operator of Papua New Guinea’s national stock exchange, is pleased to announce that it has received advice from the Internal Revenue Commission (“IRC”) that, having looked into the taxation treatment of the various PNG residents impacted by the establishment of depository interests (“PDIs”), the IRC is satisfied that the existing tax treatment of dividend income will not be altered significantly.  Similarly, the treatment of stamp duty will not be altered significantly.

SIFMA Statement On Introduction Of Resolution To Address SAB 121

Date 01/02/2024

SIFMA  issued the following statement from president and CEO Kenneth E. Bentsen, Jr. regarding a Congressional Review Act resolution introduced today related to the U.S. Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin No. 121 (SAB 121):

B.C. Securities Commission: Blockchain Company Commits Misrepresentation About Consultant Spending

Date 01/02/2024

The B.C. Securities Commission (BCSC) has found that a Vancouver-based blockchain technology investment company made misrepresentations when it failed to disclose it had spent, or planned to spend, most of the proceeds from a private placement on consultants.

New Investor Advocacy Coalition Calls On SEC, Congress To Fix RIA Forced Arbitration Problems - Formation Of Investor Advocacy Coalition Follows Increasing Complaints From Wronged Investors, Scathing SEC OIA Report That Found Rias In ‘Violation Of The Fiduciary Duty’; Groups Calling For Reforms To Industry-Favored Forced Arbitration Practices

Date 01/02/2024

A coalition of investor advocacy groups, including the Public Investors Advocate Bar Association (PIABA), the American Association for Justice (AAJ), Americans for Financial Reform (AFR), Better Markets, Consumer Federation of America (CFA), the National Association of Consumer Advocates (NACA), and Public Citizen, formally announced a new campaign aimed at reforming Securities & Exchange Commission (SEC) rules for registered investor advisers (RIA) during a press conference held at the National Press Club in Washington, D.C.

JonesTrading Continues Building Specialty Finance And Real Estate Research - Hires Jason Weaver As Managing Director, Equity Research

Date 01/02/2024

JonesTrading Institutional Services LLC (“JonesTrading”) continues to recruit top industry talent, naming Jason Weaver as Managing Director, Equity Research. Mr. Weaver will focus on Specialty Finance and Real Estate. He reports to Soumit Roy, Head of JonesTrading Research.

US Office Of The Comptroller Of The Currency Releases CRA Evaluations For 18 National Banks And Federal Savings Associations

Date 01/02/2024

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of January 1, 2024, through January 31, 2024.  The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings.  The possible ratings are outstanding, satisfactory, needs to improve, and substantial noncompliance.

CFTC Commissioner Pham Announces Additional Executive Staff Appointments

Date 01/02/2024

CFTC Commissioner Caroline D. Pham today announced new executive staff appointments in her Washington, D.C. office. Taylor Foy joins Commissioner Pham’s team as a Senior Advisor and Nicholas Elliot has joined as a Confidential Assistant and Policy Advisor.

US Department Of Justice: Foreign National Charged For International Money Laundering Conspiracy And Role In Operation Of Unlicensed Digital Currency Exchange BTC-e

Date 01/02/2024

An indictment was unsealed on Tuesday charging a Belarusian and Cypriot national with money laundering conspiracy and operation of an unlicensed money services business.

Statistics From Nasdaq Nordic Exchange January 2024

Date 01/02/2024

Monthly statistics including stock and derivative statistics;

• Volumes and Market cap
• Most traded companies
• Most active members
• Listings and member

Deutsche Börse Cash Market Trading Volumes In January 2024

Date 01/02/2024

Deutsche Börse’s cash markets generated a turnover of € 105.01 billion in January (previous year: €106.95 billion / previous month: €97.40 billion).