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  • SIFMA Welcomes Introduction Of The E-delivery Legislation

    Date 16/12/2022

    SIFMA today issued the following statement from president and CEO Kenneth E. Bentsen, Jr. on the introduction of legislation – “Improving Disclosure for Investors Act of 2022″- that would direct the SEC to promulgate rules that would expand access to electronic delivery of certain required financial disclosures:

    “The time has come – and arguably is overdue – to implement electronic delivery as the default means for delivering investor communications, while giving investors the power to choose paper delivery if preferred. According to a recent survey, a large majority of retail investors regardless of income or age, want e-delivery for its environmental benefits, speed, and convenience. SIFMA commends Rep. Bill Huizenga (R-MI) and Rep. Jake Auchincloss (D-MA) for introducing this important legislation that builds on the progress of implementing an e-delivery framework suitable for the 21st century.”

  • Nadex Temporarily Amends Binary Contracts Strike Width

    Date 16/12/2022

    Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.6(d) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) hereby provides notice that due to increased or decreased volatility, as the case may be, in the underlying markets upon which the Nadex contracts are based, Nadex made changes to the strike widths of various contracts during the week of December 12, 2022 as indicated in the Weekly Notice.

  • SEC Small Business Advocacy Office Releases Annual Report On Capital Raising

    Date 16/12/2022

    The Securities and Exchange Commission’s Office of the Advocate for Small Business Capital Formation issued its 2022 Annual Report  to Congress and the Commission. The report details how entrepreneurs and investors are building companies together, from startups to small public companies.

  • Nadex Refrains From Listing Certain Contracts

    Date 16/12/2022

    Due to activity in the underlying markets upon which the Nadex contracts are based and pursuant to the authority granted in Nadex Rule 12.1(i), Nadex took the following actions:

  • IMF Board Endorses Implementation Plan In Response To Institutional Safeguards Review

    Date 16/12/2022

    The Executive Board of the International Monetary Fund today endorsed an Implementation Plan to further strengthen the institution’s framework of institutional governance and analytical integrity. The Implementation Plan responds to the Institutional Safeguards Review, which the Executive Board completed on June 30, 2022. The Review found that the Fund’s safeguards mechanisms are generally robust, and identified several areas in which the data and analytical integrity frameworks could be further bolstered, and the smooth and effective functioning of the Fund’s system for internal disputes could be strengthened. The Board and Management committed to developing an action plan to guide implementation of the Review’s recommendations by the end of 2022. The plan discussed at the Board today reflects consultations with, and contributions from a wide range of stakeholders, including IMF staff, and reflects a consensus-based approach by the Board Steering Group and Management.