News Centre

CFTC Orders Texas Man To Pay Over $1 Million For Misappropriating Confidential Information, Fictitious Trading, And False Statements

Date 30/09/2020

The Commodity Futures Trading Commission today issued an order filing and settling charges against Marcus Schultz of Houston, Texas, for engaging in a fraudulent scheme to misappropriate his employer’s confidential information and enter into fictitious trades. Schultz is also charged with making false statements to the CFTC and ICE Futures US. 

SEC Charges Hospitality Company For Failing To Disclose Executive Perks

Date 30/09/2020

The Securities and Exchange Commission today announced settled charges against Virginia-based hospitality company Hilton Worldwide Holdings Inc. for failing to fully disclose perquisites and personal benefits provided to executive officers. The action was generated by the Division of Enforcement’s use of risk-based data analytics to uncover potential violations related to corporate perquisites.

Federal Reserve Board Announces Approval Of Notice By The Toronto-Dominion Bank

Date 30/09/2020

The Federal Reserve Board on Wednesday announced its approval of the notice under section 4 of the Bank Holding Company Act of 1956 by The Toronto-Dominion Bank, Toronto, Canada, and its subsidiary, TD Group US Holdings LLC, Wilmington, Delaware, to acquire more than five percent of the voting shares of The Charles Schwab Corporation, San Francisco, California, a savings and loan holding company.

SEC Charges HP Inc. With Disclosure Violations And Control Failures

Date 30/09/2020

The Securities and Exchange Commission today announced charges against technology company HP Inc. for misleading investors by failing to disclose the impact of sales practices undertaken in an effort to meet quarterly sales and earnings targets. HP has agreed to pay $6 million to settle the charges. 

Federal Reserve Board Announces It Will Extend For An Additional Quarter Several Measures To Ensure That Large Banks Maintain A High Level Of Capital Resilience

Date 30/09/2020

Due to the continued economic uncertainty from the coronavirus response, the Federal Reserve Board on Wednesday announced it will extend for an additional quarter several measures to ensure that large banks maintain a high level of capital resilience.

CFTC Swaps Report Update

Date 30/09/2020

CFTC's Weekly Swaps Report has been updated, and is now available.

FINRA Foundation Awards 2020 Ketchum Prize To Michael Morris - A Key Architect Of The ABLE Act Recognized For Efforts To Advance Financial Capability For People With Disabilities

Date 30/09/2020

The FINRA Investor Education Foundation (FINRA Foundation) today awarded Michael Morris the 2020 Ketchum Prize—its highest honor—for his extraordinary leadership in creating a better economic future for people with disabilities through advocacy, research and education.

Nadex Product Schedule For The Week Of October 5, 2020

Date 30/09/2020

Nadex will observe the following product specific trading hours for the week of October 5, 2020:

• Monday, October 5, 2020: The Exchange will observe regular business hours. No China 50 contracts will be listed on this date. No Weekly China 50 contracts will be listed for the week of October 5, 2020.

• Tuesday, October 6, 2020: The Exchange will observe regular business hours. No China 50 contracts will be listed on this date.

• Wednesday, October 7, 2020: The Exchange will observe regular business hours. No China 50 contracts will be listed on this date.

• Thursday, October 8, 2020: The Exchange will observe regular business hours. No China 50 contracts will be listed on this date.

• Friday, October 9, 2020: The Exchange will observe regular business hours. Daily China 50 contracts will resume their regular listing schedule.

S&P Dow Jones Indices Europe Dashboard

Date 30/09/2020

• An up and down month saw European equities stumble to a flat finish; the S&P Europe 350® finished down a few basis points on the quarter. 
• Under the hood, Germany contributed the most positively, thanks in part to its champions in the Discretionary and Industrials sectors. Large British banks weighed down on the S&P United Kingdom, which underperformed this month and quarter. 
• The S&P Europe 350 Energy saw the largest quarterly move among our reported indices, declining 18% as the prospects of a return to pre-pandemic levels of demand for fossil fuels dimmed.  

SIFMA Fixed Income Market Close Recommendation In The U.S., the U.K. And Japan For U.S. Columbus Day

Date 30/09/2020

SIFMA has confirmed its previous holiday recommendation for a full market close on Monday, October 12 for the trading of U.S. dollar-denominated fixed income securities in the U.S., the U.K., and Japan in observance of the U.S. Columbus Day Holiday.