News Centre

CFTC Staff Issues No-Action Letter To Taiwan Futures Exchange

Date 23/09/2022

On 15th September 2022, the Commodity Futures Trading Commission (CFTC) issued No-Action Relief to Taiwan Futures Exchange (TAIFEX) for its swaps central clearing services.

Borsa Istanbul: Uptick Rule Will Be Applied In The Session Dated 23/09/2022 In The Equity Market

Date 23/09/2022

It has been decided that the up-tick rule in short selling transactions to be valid for one day during the session dated 23/09/2022. Please click for the related Announcement.

London Stock Exchange Group Plc Purchase Of Own Shares

Date 23/09/2022

LSEG announces it has purchased the following number of its voting ordinary shares of 6^79/86 pence each from Goldman Sachs International ("GSI") on the London Stock Exchange pursuant to instructions issued by LSEG on 05 August 2022 as part of its share buyback programme, as announced on 05 August 2022.

Zhengzhou Commodity Exchange: Notice On Night Trading Session During 2022 National Day

Date 23/09/2022

According to Notice on Trading Schedule during National Holidays for Year 2022, the Exchange hereby clarifies night trading session arrangement during 2022 National Day as follows:

Osaka Exchange And Tokyo Commodity Exchange Commence Holiday Trading

Date 23/09/2022

Osaka Exchange (OSE) and Tokyo Commodity Exchange (TOCOM) today successfully launched Holiday Trading, on schedule.

Reserve Bank Of New Zealand And New Zealand Financial Markets Authority Seeking Feedback On Draft FMI Standards

Date 23/09/2022

The Reserve Bank of New Zealand – Te Pūtea Matua (RBNZ) and the Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko are inviting feedback on the exposure drafts of standards for financial market infrastructures (FMIs). The Financial Market Infrastructures Act 2021 (the FMI Act) establishes the RBNZ and the FMA as the joint regulator of designated FMIs.

Dissenting Statement Of CFTC Commissioner Summer K. Mersinger Regarding Enforcement Actions Against: 1) bZeroX, LLC, Tom Bean, And Kyle Kistner; And 2) Ooki DAO

Date 22/09/2022

Overview

Today the Commission is called upon to consider novel and complex questions about how our governing statute, the Commodity Exchange Act (CEA), applies in a world of digital assets, blockchain technology, and decentralized autonomous organizations (DAOs) —technology that did not exist when the statute was enacted in 1974, and that has just started to develop since Congress last amended the statute as part of the Dodd-Frank Act in 2010.

Readout: U. S. Department of the Treasury Assistant Secretary Elizabeth Rosenberg’s Visit To The Republic of Korea

Date 22/09/2022

On September 22, 2022, the U. S. Department of the Treasury Assistant Secretary for Terrorist Financing and Financial Crimes Elizabeth Rosenberg met with her counterparts from the Republic of Korea’s (ROK) Ministry of Economy and Finance, Ministry of Foreign Affairs, Special Representative for Korean Peninsula Peace and Security Affairs, Financial Services Commission, and Korean Financial Intelligence Unit in Seoul. In these meetings, Assistant Secretary Rosenberg discussed economic and national security issues of mutual importance, including aggression by the Democratic People’s Republic of Korea (DPRK), economic stability in the Indo-Pacific, Russia’s war against of Ukraine, and virtual assets. These discussions reflected the strength of the U.S.-ROK alliance, and both sides agreed to deepen cooperation on the challenges the two countries face both in the region and beyond.

CFTC Imposes $250,000 Penalty Against bZeroX, LLC And Its Founders And Charges Successor Ooki DAO For Offering Illegal, Off-Exchange Digital-Asset Trading, Registration Violations, And Failing To Comply With Bank Secrecy Act - CFTC Order Finds, And Complaint Alleges, Ooki DAO Is Liable As An Unincorporated Association

Date 22/09/2022

The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against respondent bZeroX, LLC (bZeroX) and its founders Tom Bean (Bean) and Kyle Kistner (Kistner) (collectively, respondents) for illegally offering leveraged and margined retail commodity transactions in digital assets; engaging in activities only registered futures commission merchants (FCM) can perform; and failing to adopt a customer identification program as part of a Bank Secrecy Act compliance program, as required of FCMs. 

Boeing To Pay $200 Million To Settle SEC Charges That It Misled Investors About The 737 MAX - Former CEO Agrees To Settle To Same Charges And Pay $1 Million

Date 22/09/2022

The Securities and Exchange Commission today charged The Boeing Company and its former CEO, Dennis A. Muilenburg, with making materially misleading public statements following crashes of Boeing airplanes in 2018 and 2019. The crashes involved Boeing’s 737 MAX airplane and a flight control function called the Maneuvering Characteristics Augmentation System (MCAS). According to the SEC’s orders, after the first crash, Boeing and Muilenburg knew that MCAS posed an ongoing airplane safety issue, but nevertheless assured the public that the 737 MAX airplane was “as safe as any that has ever flown the skies.” Later, following the second crash, Boeing and Muilenburg assured the public that there were no slips or gaps in the certification process with respect to MCAS, despite being aware of contrary information.