News Centre

ETFGI Reports That Assets The ETFs Industry In Canada Gathered Net Inflows Of US2.33 Billion In August

Date 13/09/2023

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that ETFs industry in Canada gathered net inflows of US$2.33 billion during August, bringing year-to-date net inflows to US$21.30 billion. Assets invested in the ETFs industry in Canada have increased 14.6 % YTD in 2023, going from US$250.19 Bn at the end of 2022, to US$286.77 Bn, according to ETFGI's August 2023 Canadian ETFs and industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Identity fraud: BaFin Investigates The Company Metamask EU

Date 13/09/2023

The Federal Financial Supervisory Authority (BaFin) warns consumers about Metamask EU . BaFin has information that the company is providing financial and investment services on the websites metamaskprox.com, coinsmetamask.com, meta-maskupx.com and ex-metamask.cc without the required authorisation. It should be noted that no connection exists between these websites and the website metamask.io that is operated by ConsensSys Software Inc. Aforesaid company, which is domiciled in New York, United States of America, is a target of identity fraud.

Collecting Enforcement Actions: Statement On Stoner Cats 2, LLC, SEC Commissioner Hester M. Peirce, SEC Commissioner Mark T. Uyeda, Sept. 13, 2023

Date 13/09/2023

We respectfully dissent from the Commission’s second non-fungible token (NFT) settlement, as we did from the first.[1]The application of the Howey [2] investment contract analysis in this matter lacks any meaningful limiting principle. It carries implications for creators of all kinds. Were we to apply the securities laws to physical collectibles in the same way we apply them to NFTs, artists’ creativity would wither in the shadow of legal ambiguity. Rather than arbitrarily bringing enforcement actions against NFT projects, we ought to lay out some clear guidelines for artists and other creators who want to experiment with NFTs as a way to support their creative efforts and build their fan communities.

FIA Announces 10 Startups Selected For 2023 Innovators Pavilion

Date 13/09/2023

FIA today announced the 10 startups that have been chosen to exhibit in the 2023 Innovators Pavilion, FIA's annual showcase for fintech startups relevant to derivatives trading and clearing. The Pavilion takes place during FIA’s Futures and Options Expo, which brings together traders, brokers and other market professionals from a wide range of firms in the derivatives industry. The conference will be held on 2-3 October in Chicago. 

SEC Charges Creator Of Stoner Cats Web Series For Unregistered Offering Of NFTs

Date 13/09/2023

The Securities and Exchange Commission today charged Stoner Cats 2 LLC (SC2) with conducting an unregistered offering of crypto asset securities in the form of purported non-fungible tokens (NFTs) that raised approximately $8 million from investors to finance an animated web series called Stoner Cats.

Philip N. Jefferson sworn in as Vice Chair of the Board of Governors of the Federal Reserve System

Date 13/09/2023

Dr. Philip N. Jefferson took the oath of office as Vice Chair of the Board of Governors of the Federal Reserve System on Wednesday. Vice Chair Jefferson's oath was administered by Chair Powell in the press briefing room of the Board's Martin building.

Lisa D. Cook Sworn In For Her Second Term As A Member Of The Board Of Governors Of The Federal Reserve System

Date 13/09/2023

Dr. Lisa D. Cook was sworn in for her second term as a member of the Board of Governors of the Federal Reserve System on Wednesday. The oath was administered by Chair Jerome H. Powell in the press briefing room of the Board's Martin building.

Adriana D. Kugler Sworn In As A Member Of The Board Of Governors Of The Federal Reserve System

Date 13/09/2023

Dr. Adriana D. Kugler took the oath of office as a member of the Board of Governors of the Federal Reserve System on Wednesday. The oath was administered by Chair Jerome H. Powell in the press briefing room of the Board's Martin building.

BIS: Margins And Liquidity In European Energy Markets In 2022

Date 13/09/2023

Key takeaways

• European futures markets for natural gas and electricity were deeply disrupted by the events following the Russian invasion of Ukraine, including through large fluctuations in margins.
• The fluctuations in margins put significant liquidity demands on market participants, prompting the official sector to establish liquidity facilities in some jurisdictions.
• Fluctuations in initial margins were associated with material reductions in open interest of market participants, in line with standard deleveraging mechanisms seen in financial markets

SEC Small Business Advisory Committee To Discuss Funding For Early-Stage Companies And Alternative Funding For Small Businesses

Date 13/09/2023

The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee today released the agenda for its meeting on Tuesday, September 19. The meeting will include a discussion of ways to invest in early-stage companies, as well as alternative funding options for small businesses. Members of the public can watch the live meeting via webcast on www.sec.gov.