News Centre

CFTC Grants Two Whistleblower Awards Totaling Over $15 Million

Date 19/09/2023

The Commodity Futures Trading Commission today announced whistleblower awards totaling over $15 million to two whistleblowers who provided significant information and assistance that led the CFTC to bring separate successful enforcement actions. Because the whistleblowers immediately provided reliable information, the CFTC opened the respective investigations shortly after each whistleblower submitted a Form TCR. 

Readout: U.S. Department Of The Treasury Senior Leadership Meets With Philanthropy Leaders To Discuss Net-Zero Transition Planning Efforts

Date 19/09/2023

Today, Treasury Secretary Janet Yellen, Under Secretary for Domestic Finance Nellie Liang, and Climate Counselor Ethan Zindler, met with leadership from philanthropies that support the implementation of financial institution net-zero commitments and related transition planning efforts. The discussion centered on current priorities and outstanding challenges to mobilizing private finance towards the growing clean energy economy of the future. Alongside today’s events, these philanthropic leaders – alongside another philanthropic organization not present (Hewlett Foundation) – announced commitments totaling $340 million over the next 3 years. These funds will be used years to support the continued development of research, data availability, and technical resources intended to help financial institutions develop and execute robust, voluntary net-zero commitments. This funding will also support work to facilitate the transition planning efforts of non-financial sectors of the economy. Earlier in the day Treasury released its Net-Zero Principles for Financing & Investment.

SEC Charges California Resident With Multimillion Dollar Ponzi Scheme Targeting Tongan American Community

Date 19/09/2023

The Securities and Exchange Commission today charged Richmond, California resident Tilila Walker Sumchai with raising approximately $11.8 million from more than 1,000 investors through a fraudulent securities offering targeting members of the Tongan American community across the United States.

CFTC Commissioner Pham To Keynote At The ISDA/SIFMA AMG Derivatives Trading Forum New York

Date 19/09/2023

NGX, UN Women Partner To Promote Gender Bonds In Nigeria

Date 19/09/2023

Nigerian Exchange Limited (NGX) and United Nations Women (UN Women) will partner on the integration of gender bonds and other gender-themed sustainable financing mechanisms as strategic instruments to drive gender equality and sustainable development in Nigeria.

Remarks At The Meeting Of SEC Small Business Capital Formation Advisory Committee, SEC Commissioner Hester M. Peirce, Washington D.C., Sept. 19, 2023

Date 19/09/2023

Thank you, Erica [Duignan]. Welcome to members of the Committee and thank you to today’s panelists. I would also like to extend my congratulations to the Committee’s new officers, Chair Erica Duignan, Vice Chair Sue Washer, Secretary Jasmin Sethi, and Assistant Secretary Davyeon Ross. Thank you for your willingness to serve.

Fourth Annual “DLT In The Real World” ISSA Study Highlights Growing Maturity Of DLT Usage: As Usage Increases By 7% In 2023

Date 19/09/2023

Since 2020, the annual the ISSA (International Securities Services Association) survey “DLT in the Real World” has been providing unique, market-wide perspectives on the DLT and digital asset realisation journey.

ISDA Digital Regulatory Reporting (DRR) License

Date 19/09/2023

The ISDA Digital Regulatory Reporting (DRR) License is provided below. This ISDA DRR license is applicable regardless of:

KraneShares Launches Global Luxury ETF Benchmarked To Solactive Global Luxury Selected USD Index

Date 19/09/2023

The worldwide luxury goods market has recorded a total revenue of $354.8 billion in 2023, with a projected annual growth of 3.4% by 2028. To cater to the growing demand from investors seeking to capitalize on this flourishing sector, KraneShares has launched the KraneShares Global Luxury Index ETF, tracking the Solactive Global Luxury Select USD Index.

SEC Charges New York Firm Concord Management And Owner With Acting As Unregistered Investment Advisers To Billionaire Former Russian Official - Firm And Owner’s Failures To Register Prevented Oversight Of More Than $7 Billion In Assets

Date 19/09/2023

The Securities and Exchange Commission today announced charges against Concord Management LLC of Tarrytown, New York, and its owner and principal, Michael Matlin, for operating as unregistered investment advisers to their only client—a wealthy former Russian official widely regarded as having political connections to the Russian Federation.