News Centre

Remarks By US Secretary Of The Treasury Janet L. Yellen At Press Conference Announcing New Treasury Action Against Illicit Finance

Date 21/11/2023

Good afternoon. I’m very glad to join Attorney General Garland, Deputy Attorney General Monaco, and CFTC Chairman Behnam for such an important occasion.

U.S. Treasury Announces Largest Settlements In History With World’s Largest Virtual Currency Exchange Binance For Violations Of U.S. Anti-Money Laundering And Sanctions Laws

Date 21/11/2023

• FinCEN settlement of $3.4 billion and OFAC settlement of $968 million largest for each 
• IRS – CI investigation leads to Department of Justice action 

U.S. Department of Justice: Cyber Scam Organization Disrupted Through Seizure Of Nearly $9M In Crypto

Date 21/11/2023

The Justice Department announced today the seizure of nearly $9 million worth of Tether, a cryptocurrency pegged to the U.S. dollar. These seized funds were traced to cryptocurrency addresses allegedly associated with an organization that exploited over 70 victims through romance scams and cryptocurrency confidence scams, which are widely known as “pig butchering.”

Statement Of CFTC Commissioner Caroline D. Pham On Chief Compliance Officer Liability

Date 21/11/2023

his consent order related to Binance is the first time that the CFTC is charging a compliance officer with individual liability.

Minutes Of The Federal Open Market Committee, October 31-November 1, 2023

Date 21/11/2023

The Federal Reserve on Tuesday released the minutes of the Federal Open Market Committee meeting that was held on October 31–November 1, 2023.

MIAX Exchange Group - Options Markets - Market For Underlying Security Used For Openings On MIAX Options, MIAX Pearl Options And MIAX Emerald Options For Newly Listed Symbols Effective Wednesday, November 22, 2023

Date 21/11/2023

Please refer to the Regulatory Circulars listed below for newly added symbols and the corresponding market for the underlying security used for openings on the MIAX Exchanges. The newly listed symbols will be available for trading beginning Wednesday, November 22, 2023.

MIAX Exchange Group - Options Markets - New Listings Effective For November 22, 2023

Date 21/11/2023

The attached option classes will begin trading on the MIAX Options Exchange, the MIAX Pearl Options Exchange, and the MIAX Emerald Options Exchange on Wednesday, November 22, 2023.

NGX, ISDBI Build Market Capacity On Islamic Finance, Target Increased Issuances

Date 21/11/2023

In a bid to further deepen the capital market in Nigeria through the issuance of Islamic Finance instruments, Nigerian Exchange Limited (NGX) and Islamic Development Bank Institute (IsDBI) collaborated on a capacity building workshop for Issuers and Investors. 

The EBA Publishes Final Standards For Supervisors Assessing New Market Risk Internal Models

Date 21/11/2023

The European Banking Authority (EBA) today published its final draft Regulatory Technical Standards (RTS) on the assessment methodology under which competent authorities verify institutions’ compliance with the requirements applicable to their internal models under the Fundamental Review of the Trading Book (FRTB) rules. These RTS are part of the phase 4 deliverables of the EBA roadmap on market risk and counterparty credit risk approaches. Today’s final draft RTS represent a significant milestone in the implementation of the FRTB internal models in the EU.

SEC Charges New York Businessman With Fraud And Unregistered Sales Of Securities To Investors Seeking Permanent Residency In The U.S. - NY-Based Immigration Attorney And Her Firm Also Charged For Role In Unregistered Sales

Date 21/11/2023

The Securities and Exchange Commission today charged Nadim Ahmed, a New York-based businessman and his companies, NuRide Transportation Group, LLC and NYC Green Transportation Group, LLC, with making fraudulent misrepresentations in securities offerings to investors seeking permanent residency through the EB-5 Immigrant Investor Program. The SEC also charged Ahmed along with Mehreen Shah a/k/a Mona Shah, a New York-based immigration attorney, and her law firm with offering unregistered securities to investors in offerings that raised more than $66 million from more than 100 investors.