News Centre

SEC Secures Emergency Relief To Protect Binance.US Customers’ Assets - Order Ensures Platform Customers Can Continue To Withdraw Their Assets

Date 17/06/2023

The Securities and Exchange Commission today secured emergency relief in which the all the defendants in its litigation against Binance Holdings Limited, BAM Management US Holdings Inc., BAM Trading Services Inc., and Changpeng Zhao agreed to repatriate to the United States assets held for the benefit of customers of the Binance.US crypto trading platform. The order from the United States District Court for the District of Columbia also prohibits defendants BAM Trading Services Inc. and BAM Management US Holdings, Inc. (together, “BAM”) from spending corporate assets other than in the ordinary course of business. The order helps ensure that Binance.US customers are permitted to withdraw their assets from the platform and that those assets that remain on the platform are protected and remain in the United States through the resolution of the SEC’s pending litigation against Binance Holdings Ltd., BAM, and their founder, Zhao.

The Updated Coefficients For Moscow Exchange Indices To Come Into Force

Date 17/06/2023

The following coefficients for Moscow Exchange indices come into force from June 16, 2023:

IMF Executive Board Completes Review Of The Fund's Income Position For FY 2023 And FY 2024

Date 16/06/2023

• Net operational income is anticipated to remain strong for FY 2023 and to continue the trend in FY 2024, reflecting the high demand for Fund support to the membership.
• The Executive Board agreed to maintain the margin for the rate of charge on IMF lending unchanged at 100 basis points for FY 2024.

CFTC To Hold A Commission Open Meeting On June 26

Date 16/06/2023

Commodity Futures Trading Commission Chairman Rostin Behnam today announced the Commission will hold an open meeting on Monday, June 26 from 12:00 p.m. – 1:00 p.m. (EDT). The meeting will be held virtually only.

Readout:US Financial Stability Oversight Council Meeting On June 16, 2023

Date 16/06/2023

Today, U.S. Secretary of the Treasury Janet L. Yellen convened a meeting of  the Financial Stability Oversight Council (Council) in executive session at the U.S. Department  of the Treasury (Treasury). 

CFTC: The Market Risk Advisory Committee To Meet On July 10

Date 16/06/2023

The Market Risk Advisory Committee (MRAC) will hold a public meeting on Monday, July 10, 2023 via teleconference.

CFTC Commitments Of Traders Reports Update

Date 16/06/2023

The current reports for the week of June 13, 2023 are now available. Report data is also available in the CFTC Public Reporting Environment (PRE), which allows users to search, filter, customize and download report data.

Statement On Jury’s Verdict In Trial Of Robert Hillis Miller, Gurbir S. Grewal, SEC Division Of Enforcement Director

Date 16/06/2023

After a six-day trial, a jury in the United States District Court for the District of Maryland found Robert Hillis Miller liable for securities fraud, unregistered offerings, and beneficial ownership reporting violations based on his conduct as the CEO of Abakan, Inc.

US Acting Comptroller Of The Currency Discusses Tokenization, Artificial Intelligence

Date 16/06/2023

Acting Comptroller of the Currency Michael J. Hsu today discussed the benefits and risks of tokenization and artificial intelligence (AI) in remarks at the American Bankers Association’s Risk and Compliance Conference in San Antonio.

US Treasury Releases Report On Macroeconomic And Foreign Exchange Policies Of Major Trading Partners Of The United States

Date 16/06/2023

The U.S. Department of the Treasury delivered its semiannual Report to Congress on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States.  In this Report, Treasury reviewed and assessed the policies of major U.S. trading partners, comprising roughly 80 percent of U.S. foreign trade in goods and services, during the four quarters through December 2022.