News Centre

UnRulemaking: Statement Regarding DST Asset Manager Solutions, Inc. - SEC Commissioner Hester M. Peirce, SEC Commissioner Mark T. Uyeda, Aug. 17, 2023

Date 17/08/2023

The Commission once again uses an enforcement action as a substitute for notice and comment rulemaking.  It does so today in a case that finds a registered transfer agent, DST Asset Manager Solutions, Inc. (“DST”), failed to act reasonably in its efforts to locate lost securityholders.  Specifically, the Order finds that DST “failed to take reasonable steps to find lost securityholders as prescribed by [Rule 17Ad-17 under the Securities Exchange Act of 1934], putting those securityholders’ assets at risk of being handed over to state governments – escheated – as unclaimed assets.” Tucked into the Commission’s Order is an undertaking that effectively imposes a substantive new disclosure requirement on mutual funds.  Accordingly, we dissent. 

MIAX Options Exchange - Updated Interface Specifications For FOI, FXD, CTD, MEI And ToM (New message Types For BBO Messages)

Date 17/08/2023

The MIAX Options Exchange Interface specifications have been updated for the following changes:

• MIAX Options – Added MIAX Sapphire Support
  • FIX Order Interface (FOI) v2.6c and
    FIX Drop Copy (FXD) v2.6b:
    • Execution Report (MsgType=8) – Tag #207(SecurityExchange): Added “SPHR” value

UK Financial Conduct Authority Sets Out Expectations For UK Cryptoasset Businesses Complying With The Travel Rule

Date 17/08/2023

We are setting out our expectations for cryptoasset businesses that need to comply with a change in money laundering legislation legislated by government in July 2022. 

Registration Is Now Open For The ACER-CEER Webinar: Monitoring Energy Retail Markets And Consumer Protection (14 September)

Date 17/08/2023

On 14 September 2023, ACER and the Council of European Energy Regulators (CEER) will hold a webinar to present the main findings and recommendations of the 2023 ACER-CEER Energy retail and consumer protection Market Monitoring Report, to be published on 5 September 2023.

HKEX Names New Head Of Listed Issuer Regulation

Date 17/08/2023

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Thursday) the appointment of Ms Catherine Yien as Managing Director and Head of Listed Issuer Regulation, Listing Division.

Borsa İstanbul’s Opening Bell Rang For Tatlıpınar Enerji

Date 17/08/2023

In his address at the Opening Bell Ceremony, Korkmaz Ergun, the CEO of Borsa İstanbul A.Ş., stated the following:

“Distinguished guests,

Today, I welcome you all to your home, to the Opening Bell Ceremony hosted by our Exchange as we celebrate the listing of Tatlıpınar Enerji at our Exchange."

Shanghai International Energy Exchange Has Released Its Announcement Of Market Makers For Containerized Freight Index (Europe Service) Futures

Date 17/08/2023

Shanghai International Energy Exchange has released its Announcement of Market Makers for Containerized Freight Index (Europe Service) Futures as follows:

The Saudi Arabia Capital Market Authority: Obligating (3) Violators To Pay More Than (115) Million Saudi Riyals Against Illegal Gains

Date 17/08/2023

The Capital Market Authority (CMA) announced that the Committees for Resolution of Securities Disputes (CRSD) issued two final decisions convicting three individuals of violating the Capital Market Law as well as violating the Market Conduct Regulations. The convicted individuals were obligated to pay the total amount of illegal gains which reached more than (115) million Saudi Riyals, in addition to imposing financial sanctions upon them amounting to (2.45) million Saudi Riyals.

118 Listed Firms, Public And Private Sectors Ready To Showcase The Thai Economy And Capital Market Strengths In Thailand Annual Flagship Roadshow “Thailand Focus 2023”

Date 17/08/2023

The Stock Exchange of Thailand (SET) will organize "Thailand Focus 2023: The New Horizon" forum, highlighting the outstanding features of listed companies with potential for future growth. Senior executives from the government sector, the financial and capital markets, and the business sector are invited to join a seminar to offer insights on Thailand’s and private sector’s strengths, and the drive of the country’s future industries. These factors will move the Thai economy and the capital market towards new investment context. In the event to be held during August 23 - 25, 2023, 118 listed companies will provide data and information to global institutional investors.

SGX Group Reports FY2023 Net Profit Of S$503 Million

Date 17/08/2023

Singapore Exchange (SGX Group) today reported FY2023 adjusted net profit of S$503.2 million, up 10.3% from the previous year (S$456.4 million). Total revenue increased 8.7% to S$1,194.4 million (S$1,099.0 million), mainly driven by derivatives[1] revenue which increased 27.2%.