News Centre

The CFTC And California Department Of Financial Protection & Innovation Charge Los Angeles Area Precious Metals Dealer In $21 Million Fraudulent Scheme - Majority Of The Funds Stolen Came From Victims’ Tax-Deferred Retirement Accounts

Date 28/09/2023

The Commodity Futures Trading Commission and the California Department of Financial Protection & Innovation (DFPI) today announced a joint civil enforcement action in the U.S. District Court for the Central District of California against precious metals dealer Regal Assets LLC, its owner and CEO Tyler G. Gallagher, and its former President Leah Donoso, charging them with misappropriating more than $21 million in a nationwide fraudulent scheme.

TMX Group Limited Announces Release Date For Q3 2023 Financial Results And Analyst Conference Call

Date 28/09/2023

TMX Group Limited will announce its financial results for the third quarter ended September 30, 2023 in the evening of Monday, October 30, 2023. An analyst conference call to review the results will be held on Tuesday, October 31, 2023 at 8:00 a.m. ET.

SEC Charges Former Pareteum Executives With Accounting And Disclosure Fraud

Date 28/09/2023

The Securities and Exchange Commission today announced charges against the former Chief Financial Officer, Edward O’Donnell, and the former Chief Commercial Officer, Victor Bozzo, of New York-based telecommunications company Pareteum Corp. for engaging in fraudulent revenue recognition practices. The SEC also announced settled charges against Pareteum’s former Controller, Stanley Stefanski, for his role in the scheme. Pareteum previously settled to accounting and disclosure fraud charges filed by the SEC in 2021 and filed for bankruptcy in 2022.

FIA Issues Recommendations For Strengthening Cyber Resilience

Date 28/09/2023

SEC Charges Former Financial Industry Analyst And Three Others With Insider Trading

Date 28/09/2023

The Securities and Exchange Commission today announced charges against Anthony Viggiano, a former analyst at a major investment firm and later at an international investment bank, and Christopher Salamone, Stephen A. Forlano, and Nathan Bleckley, for insider trading in advance of numerous merger and acquisition transactions.

A Journey Of 1000 Miles Begins With A Single Step: Filling Gaps In The Central Bank Liquidity Toolkit - Speech By Andrew Hauser, Bank Of England Executive Director For Markets - Given At A Market News International Connect Event, Chartered Accountants’ Hall, London

Date 28/09/2023

Andrew Hauser sets out the Bank’s ambitious plans for tackling systemic risks in market-based finance by developing a new lending tool for non-bank financial institutions, starting with UK insurance companies and pension funds, including newly-resilient LDI funds. The tool, which will require the support of market participants and regulators, will be designed to address dysfunction in core sterling markets in the exceptional circumstances where there is a threat to UK financial stability. It will not absolve firms of their responsibility to maintain robust self-insurance – indeed firms’ ability to access the facility, and the terms they face, will depend on their level of resilience.

UK Financial Conduct Authority Takes Action Against Darren Reynolds And Andrew Deeney Of Active Wealth For Dishonest Pension Transfer Advice

Date 28/09/2023

Mr Reynolds has referred his Decision Notice to the Upper Tribunal where he will present his case. Any findings in his Decision Notice are therefore provisional and reflect the FCA’s view as to what occurred and how it considers his behaviour should be characterised

OCC Welcomes MEMX Options

Date 28/09/2023

OCC, the world's largest equity derivatives clearing organization, today announced that MEMX LLC has become an OCC participant exchange. MEMX LLC began operating its options trading facility, MEMX Options, on September 27, 2023, bringing the total number of OCC’s participant exchanges and trading platforms to 20.

Coty Lists On Euronext Paris

Date 28/09/2023

• Market capitalisation of €10.01 billion

• €339.2 million raised

• 47th listing on Euronext in 2023        

• 11th international listing on Euronext in 2023 (US-based issuer)

• First US company to successfully raise capital via a simultaneous EUR and USD offering at the occasion of a European listing

Safeguarding Forests: Climate Bonds Initiative Unveils Guidance EU Regulation On Deforestation-Free Products - A Roadmap For Sustainable Supply Chains

Date 28/09/2023

Climate Bonds Initiative today released pivotal guidance on the European Union's Regulation on Deforestation-Free Products. This comprehensive guide equips corporates and financial institutions to meet and exceed the EUDR’s requirements, advancing global sustainability standards.