News Centre

New York State Department Of Financial Services Lacewell Announces DFS Issues Cybersecurity Insurance Risk Framework - First Regulator In The Nation To Issue Specific Guidance For Property/Casualty Insurers Writing Cyber Insurance - Department Joins Law Enforcement Authorities Recommending Against Ransom Payments

Date 04/02/2021

Superintendent Linda A. Lacewell today announced the New York State Department of Financial Services (DFS) issued a new Cyber Insurance Risk Framework. The Framework outlines industry best practices for New York-regulated property/casualty insurers that write cyber insurance to effectively manage their cyber insurance risk. The Framework is the first guidance by a U.S. regulator on cyber insurance.

Canadian Securities Regulators Propose To Modernize Registration Information Requirements, Clarify Outside Activity Reporting And Update Filing Deadlines

Date 04/02/2021

The Canadian Securities Administrators (CSA) is proposing targeted changes to provide registered firms and individuals with greater clarity on what information is required as part of the registration process, while also improving the quality of information received by regulators. These changes are expected to result in a more efficient registration and oversight process.

Nadex Temporarily Amends Binary Contracts Strike Width

Date 04/02/2021

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 February 1, 2021 as indicated in the Weekly Notice. 

Intercontinental Exchange Announces 10% Increase To Its Quarterly Dividend

Date 04/02/2021

Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, announced board authorization of its first quarter 2021 dividend of $0.33 per share, up 10% from its previous $0.30 per share quarterly dividend in 2020.

MIAX Options And MIAX Pearl Options - Deprecation Of 10G LL Infrastructure And The Addition Of Two 10G ULL Switches

Date 04/02/2021

MIAX Options and MIAX Pearl Options will deprecate the 10G Low Latency (LL) switch infrastructure in June 2021.  All 10G LL cross connects must be migrated to the 10G Ultra Low Latency (ULL) switch infrastructure. Moreover, coinciding with this migration, the 10G ULL infrastructure will expand to include 2 additional switches.

Digital Asset Shapes Future Of Interoperable Applications: Showcases Strong Adoption Of Open Source Smart Contract Language Daml - Daml Customer Base Tripled, Partner Ecosystem Doubled In Size In 2020

Date 04/02/2021

Digital Asset, the creators of the open source smart contract language called Daml, today announced the company experienced strong 2020 momentum, including strong user community growth, customer and partner expansion, and technology advancements. The milestones reflect the rising demand for Daml as more businesses worldwide realize the cost- and time-saving benefits of creating interoperable applications that can run across any traditional database or distributed ledger technology like blockchain.

SEC Requests Comment On Potential Money Market Fund Reform Options Highlighted In President’s Working Group Report

Date 04/02/2021

The Securities and Exchange Commission today published a request for public comment on potential reform measures to improve the resilience of money market funds as highlighted in a report of the President's Working Group on Financial Markets issued in December 2020.

CME Group Inc. Names Slate Of Director Nominees

Date 04/02/2021

CME Group Inc. today announced its slate of candidates for its board of directors for election at the company's annual meeting to be held Wednesday, May 5, 2021. 

Federal Reserve Board Announces Termination Of Enforcement Action With Santander Holdings USA, Inc. And Santander Consumer USA, Inc.

Date 04/02/2021

The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below:

Santander Holdings USA, Inc., Boston, Massachusetts and Santander Consumer USA, Inc., Dallas, Texas
Written Agreement dated March 21, 2017 (PDF)
Terminated February 2, 2021

ESMA Chair Steven Maijoor Delivers Keynote Speech At Conference On FinTech And Regulation

Date 04/02/2021

ESMA Chair, Steven Maijoor, addressed today senior policymakers and industry at the 5th Annual Conference on ‘FinTech and Regulation: New Challenges and New Solutions’. His speech touched upon: digitalisation: risks and opportunities; accelerating trends; and safe navigation.