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Notice On Amending The Detailed Clearing Rules Of China Financial Futures Exchange

Date 14/06/2024

China Financial Futures Exchange hereby releases the Detailed Clearing Rules of China Financial Futures Exchange (Amended). Relevant amendments have been reported to China Securities Regulatory Commission (CSRC). The amended rules will take effect on June 14, 2024.

Parliamentary Joint Committee Opening Statement, 14 June 2024 - Opening Statement By ASIC Chair Joe Longo At The Parliamentary Joint Committee On Corporations And Financial Services, Oversight Of ASIC, The Takeovers Panel And The Corporations Legislation, 14 June 2024

Date 14/06/2024

Thank you for the opportunity to appear today.

I am joined today by Deputy Chair Sarah Court and Commissioners Kate O’Rourke, Alan Kirkland and Simone Constant.

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.