News Centre

Hong Kong Securities And Futures Commission Publishes Annual Report 2022-23

Date 21/06/2023

The Securities and Futures Commission (SFC) today published its Annual Report 2022-23, which sets out its achievements in the past year as well as its vision for nurturing high-quality market growth and upholding world-class regulation to advance Hong Kong’s position as a leading international financial centre.

Shenzhen Stock Exchange Market Bulletin, June 16, 2023, Issue 18

Date 21/06/2023

Click here to download Shenzhen Stock Exchange's market bulletin, issue 18.

NZX Capital Change Notice

Date 21/06/2023

This attached notice is given under NZX Listing Rule 3.13.1

SEC Reopens Comment Period For Position Reporting Of Large Security-Based Swap Positions

Date 20/06/2023

The Securities and Exchange Commission today reopened the comment period for its proposed rule for position reporting of large security-based swap positions that exceed certain thresholds, and the staff of the Commission’s Division of Economic and Risk Analysis released a memorandum that provides supplemental data and analysis regarding the proposed reporting thresholds in the equity security-based swap market.

SEC Charges Private Equity Fund Adviser For Overcharging Fees And Failing To Disclose Fee Calculation Conflict

Date 20/06/2023

The Securities and Exchange Commission today charged New York-based investment adviser Insight Venture Management LLC with charging excess management fees and failing to disclose a conflict of interest to investors relating to its fee calculations. To settle the SEC’s charges, Insight agreed to pay a $1.5 million penalty and $864,958 in disgorgement and prejudgment interest, which has already been paid back to the impacted funds. 

ICYMI: Statement Of CFTC Commissioner Caroline D. Pham On Staff Letter Regarding ADM Investor Services, Inc.

Date 20/06/2023

I support letter 23-08 from CFTC Market Participants Division (MPD) staff regarding ADM Investor Services, Inc. (ADMIS) because it addresses a conflict between CFTC regulations and Taiwan laws in a workable way that promotes access to markets and does not increase risks to the global financial system.

CFTC Whistleblower Office Issues Alert Seeking Tips Relating to Carbon Markets Misconduct

Date 20/06/2023

The Commodity Futures Trading Commission’s Whistleblower Office in the Division of Enforcement issued an alert today notifying the public on how to identify and report potential Commodity Exchange Act (CEA) violations connected to fraud or manipulation in the carbon markets. Voluntary carbon markets, among other measures, can support the transition to a low-carbon economy through market-based initiatives in which high-quality carbon credits, also known as carbon offsets, are purchased and sold bilaterally or on spot exchanges. As with any market, there exists the potential for fraud and manipulation.  

Nomination Hearing, Federal Reserve Governor Philip N. Jefferson, Before The Committee On Banking, Housing, And Urban Affairs, U.S. Senate

Date 20/06/2023

Chairman Brown, Ranking Member Scott, and members of the Committee, thank you for the opportunity to appear before you today. I am honored by President Biden's nomination to serve as Vice Chair of the Board of Governors of the Federal Reserve System. If confirmed, I will continue to use my experience and expertise in pursuit of the goals that Congress assigned to the Federal Reserve on behalf of all Americans: maximum employment and price stability.

Nomination Hearing, Federal Reserve Governor Lisa D. Cook, Before The Committee On Banking, Housing, And Urban Affairs, U.S. Senate

Date 20/06/2023

Chairman Brown, Ranking Member Scott, and other members of the Committee, thank you for the opportunity to appear before you today.

I am humbled and honored to have been renominated by President Biden to serve a full 14-year term on the Board of Governors of the Federal Reserve System.

SEC Charges Stanley Black & Decker And Former Executive For Failures In Executive Perks Disclosure - Company’s Self-Reporting And Additional Cooperation Result In Partial Declination Of Charges And No Civil Penalty

Date 20/06/2023

The Securities and Exchange Commission today announced settled charges against Stanley Black & Decker Inc., a publicly traded tools company, for failing to disclose perquisites it provided to certain executives. In addition, Jeffery D. Ansell, a former Stanley Black & Decker executive, agreed to settle charges that he caused Stanley Black & Decker to violate proxy solicitation and books and records provisions of the federal securities laws.