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US Department Of Justice: Switzerland’s Largest Insurance Company And Three Subsidiaries Admit To Conspiring With U.S. Taxpayers To Hide Assets And Income In Offshore Accounts - Swiss Life Holding AG, Swiss Life (Liechtenstein) AG, Swiss Life (Singapore) Pte. Ltd., And Swiss Life (Luxembourg) S.A. Enter Into Deferred Prosecution Agreement For Criminal Misconduct; Agree To Collectively Pay More Than $77 Million

Date 14/05/2021

The Department of Justice today filed a criminal information charging Swiss Life Holding AG (Swiss Life Holding), Swiss Life (Liechtenstein) AG (Swiss Life Liechtenstein), Swiss Life (Singapore) Pte. Ltd. (Swiss Life Singapore), and Swiss Life (Luxembourg) S.A. (Swiss Life Luxembourg), collectively, the “Swiss Life Entities,” with conspiring with U.S. taxpayers and others to conceal from the IRS more than $1.452 billion in offshore insurance policies, including more than 1,600 insurance wrapper policies, and related policy investment accounts in banks around the world and the income generated in these accounts.

Nadex Temporarily Amends Binary Contracts Strike Width

Date 14/05/2021

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 volatility 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 May 10, 2021 as indicated in the Weekly Notice.

CalPERS Announces Candidates For Fall 2021 Board Election - Members May Vote Beginning August 27

Date 14/05/2021

CalPERS is conducting an election this fall for two Member-at-Large seats on the CalPERS Board of Administration.

Nadex Refrains From Listing Certain Contracts

Date 14/05/2021

Nasdaq Announces 2021 Annual Meeting of Shareholders

Date 14/05/2021

Nasdaq, Inc. (Nasdaq: NDAQ) has scheduled its 2021 Annual Meeting of Shareholders for June 15, 2021 at 9:00 AM ET. Shareholders of record will be able to vote and ask questions online during the meeting. The virtual meeting website will be accessible 15 minutes prior to the meeting start by visiting: www.virtualshareholdermeeting.com/NDAQ2021.

Nigerian Exchange Market Report For May 14th 2021

Date 14/05/2021

It was a brief trading week as the Federal Government of Nigeria declared Wednesday 12th and Thursday 13th May 2021 as Public Holidays to mark the end of holy month of Ramadan and commemorate the Eid al-Fitr celebrations.

Mind the (Data) Gaps, SEC Commissioner Caroline A. Crenshaw, Washington D.C., May 14, 2021, Keynote Address At The 8th Annual Conference On Financial Market Regulation (CFMR)

Date 14/05/2021

Good afternoon. It’s great to be here at the annual Conference on Financial Market Regulation. I’ve enjoyed the discussions so far, and I am looking forward to hearing more. And I want to welcome Jessica Wachter, our new Chief Economist, to the SEC. I am very pleased that you are joining us, and I am looking forward to working with you.

IMF Executive Board Approves Temporary Streamlining Of Procedures For Post Program Monitoring During The Pandemic And Renaming Of The Policy To Post Financing Assessment

Date 14/05/2021

On May 7, 2021, the Executive Board of the International Monetary Fund (IMF) approved temporary modifications to the modalities for its Post Program Monitoring (PPM) until end-2022. The increase in IMF lending, including in the aftermath of the COVID-19 pandemic, has led to an unprecedented amount of credit outstanding, underscoring the need for appropriate safeguards to the IMF’s balance sheet. PPM is one such safeguard, providing a framework for deeper and closer engagement with members that have substantial outstanding IMF credit but are not in a program relationship. However, the ongoing pandemic is straining the capacity as well as resources for members and the Fund, given the need to focus efforts on immediate crisis-related work.

Federal Reserve Board Announces The Third Extension Of A Rule To Bolster The Effectiveness Of The Small Business Administration's Paycheck Protection Program (PPP)

Date 14/05/2021

The Federal Reserve Board on Friday announced the third extension of a rule to bolster the effectiveness of the Small Business Administration's (SBA) Paycheck Protection Program (PPP). Like the earlier extensions, this one will temporarily modify the Board's rules so that certain bank directors and shareholders can apply to their banks for PPP loans for their small businesses.

Moscow Exchange: Risk Parameters On Securities Market

Date 14/05/2021

CCP NCC sets the following risk parameters on Securities market starting from May 17, 2021: