News Centre

CFTC Orders Goldman Sachs To Pay $5.5 Million For Recordkeeping Violations And Violating A Prior Commission Order

Date 29/08/2023

The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Goldman Sachs & Co. The order finds Goldman violated the cease-and-desist provision of a prior order and committed recordkeeping violations in connection with its failure to properly record and retain certain audio files. [See CFTC Press Release No. 8086-19]  

Grayscale Investments® Prevails In Lawsuit Against The SEC To Convert GBTC To An ETF

Date 29/08/2023

Grayscale Investments®, the world’s largest digital currency asset manager, today announced the D.C. Circuit Court of Appeals ruled in Grayscale’s favor in its lawsuit challenging the decision by the Securities and Exchange Commission (SEC) to deny conversion of Grayscale Bitcoin Trust (BTC) (OTCQX: GBTC) to an ETF*.

ACER Consults On The Harmonised Allocation Rules For Long-Term Electricity Transmission Rights

Date 29/08/2023

On 1 March 2023, Transmission System Operators (TSOs) submitted to ACER their proposal for amendments to the Harmonised Allocation Rules (HAR) for long-term electricity transmission rights. In addition to this proposal, TSOs submitted to ACER their proposal for amending the HAR provisions on collaterals on 1 August 2023.

Finansinspektionen: Planned Maintenance Of The TRS 2-Systems Test Environment

Date 29/08/2023

The TRS 2 system's test environment will be closed for maintenance on Wednesday, 6 September.

ETFGI Reports Crypto ETFs And ETPs Listed Globally Gathered Net Inflows Of US$356 Million During July

Date 29/08/2023

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that Crypto ETFs and ETPs listed globally gathered net inflows of US$356 million during July. The US$356 Mn of net inflows gathered during July, brings year-to-date net inflows to $598 Mn, which is lower than $794 Mn in net inflows at this point last year.  Assets invested in Crypto ETFs and ETPs listed globally have increased 58.4% year-to-date in 2023 going from US$5.79 Bn at end of 2022 to $9.18 Bn at the end of July, according to ETFGI’s July 2023 ETF and ETP Crypto 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.)

SEC Charges Archipelago Trading Services with Failing to File Suspicious Activity Reports

Date 29/08/2023

The Securities and Exchange Commission today announced charges against Archipelago Trading Services Inc. (ATSI) for failing to file hundreds of legally required reports of suspicious financial transactions, known as Suspicious Activity Reports (SARs), between August 2012 and September 2020. The charges were related to transactions in over-the-counter (OTC) securities executed on ATSI’s alternative trading system (ATS). ATSI, a Chicago-based broker-dealer, has agreed to pay $1.5 million to settle the charges.

CRSP Selects ICE’s Uniform Entity Sectors For CRSP Market Indexes And Historical Equity Research Database

Date 29/08/2023

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that the Center for Research in Security Prices, LLC (CRSP) will use ICE’s Uniform Entity Sectors classification system for the CRSP Market Indexes (CRSPMI) Sector Indexes and will be one of the sector codes available in the CRSP Research Products (CRSPRP) historical equity research database, ensuring a consistent framework that supports multi-asset risk and performance attribution analysis.

Robinhood Money Drills Partners With Texas Christian University - Four-Year Partnership To Launch Financial Education Programming Kicks Off With On-Campus Event

Date 29/08/2023

Robinhood Markets, Inc. is partnering with Texas Christian University (TCU) to provide financial education coursework for the university’s student-athletes through its signature Robinhood Money Drills program. Robinhood and TCU will launch the four-year partnership today during an on-campus event with University staff, alumni, and students.

Largest Outflows Since March, Totalling US$168m - CoinShares: Fund Flows

Date 29/08/2023

• Digital asset investment products saw outflows totalling US$168m, the largest outflow since the US regulatory crackdown of exchanges in March 2023.
• Bitcoin was the primary focus, seeing outflows last week totalling US$149m.
• Many investors are continuing to sell their short positions, seeing US$4m outflows last week, with the last 18 week run of outflows representing 89% of total AuM.

Delta Capita Appoints Alan Philpot As Chief Product Officer

Date 29/08/2023

Delta Capita, a leading global Capital Markets consulting, managed services and technology provider, today announces the appointment of Alan Philpot to Chief Product Officer.