News Centre

Statement Of CFTC Chairman Heath P. Tarbert On The European Commission’s Draft Delegated Acts

Date 11/06/2020

Commodity Futures Trading Commission Chairman Heath P. Tarbert issued the following statement in response to the three draft Delegated Acts published by the European Commission (EC) addressing the supervisory oversight of third-country central counterparties (TC-CCPs) by the European Securities and Markets Authority (ESMA), including by specifying the criteria to be applied by ESMA when determining a TC-CCP’s systemic importance to the financial stability of the European Union or one or more Member States:

“The CFTC welcomes the EC’s proposals published today, which are a positive step in the EU’s implementation of its amended regime for CCP regulation. Mindful of the objectives and responsibilities of the EU authorities tasked with monitoring risks to EU financial stability, today’s proposals balance the fulfillment of those objectives and responsibilities with deference and international comity as to home country supervision of U.S.-based derivatives clearing organizations operating in Europe. "

Ontario Securities Commission Publishes Investigative Report Of QuadrigaCX - Report Outlines What Happened To Client Assets And Provides Regulatory Considerations For Investors And Crypto Asset Platform Operators

Date 11/06/2020

A Panel of the Ontario Securities Commission (OSC) has authorized the publication of an investigative report, in the form of a review by OSC Staff, of the crypto asset trading platform QuadrigaCX (Quadriga).

Canadian Securities Regulators Sign Fintech Co-Operation Agreement With The Financial Supervisory Commission Of Taiwan

Date 11/06/2020

Members of the Canadian Securities Administrators (CSA) have signed a fintech co-operation agreement with the Financial Supervisory Commission of Taiwan (FSC). The members are the securities regulatory authorities in Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Québec and Saskatchewan.

CFTC Charges Unregistered Commodity Pool Operator And Its Chief Executive Officer With Solicitation Fraud And Misappropriation

Date 11/06/2020

The Commodity Futures Trading Commission today filed a civil enforcement action in the U.S. District Court for the Eastern District of New York against defendants Craig L. Clavin and his company Lighthouse Futures, Ltd., both of New York. The complaint charges the defendants with fraudulent solicitation of commodity pool participants, misappropriation of pool funds, commingling pool funds with other funds, and failing to register with the CFTC as a commodity pool operator, as required.

Cboe Global Markets Announces Date Of Second-Quarter 2020 Earnings Release And Conference Call

Date 11/06/2020

Cboe Global Markets, Inc. (Cboe: CBOE), one of the world's largest exchange holding companies, today said it will announce its financial results for the second quarter of 2020 before the market opens on Friday, July 31, 2020. A conference call with remarks by the company's senior management will begin at 7:30 a.m. Central Time (CT), 8:30 a.m. Eastern Time (ET).

Almirall Enters The IBEX 35

Date 11/06/2020

• Almirall, a leading Spanish biopharmaceutical company initially listed in 2007, has joined the most important index of the Spanish Stock Exchange
• Almirall currently has a market capitalization of €2.07 B and the Enterprise Value (EV) is €2.45 B (June 2020)
• Under new management since 2017, the company has implemented a series of changes that have demonstrated their strength in the recent months and have prepared the company for mid-to long-term growth

Nigerian Stock Exchange Weekly Market Report For June 11th 2020

Date 11/06/2020

It was a four-day trading week as the Federal Government of Nigeria declared Friday 12th June 2020 as Public Holiday to mark the Democracy Day celebrations.

CFTC Charges Companies And Individual With Forex Fraud And Registration Violations

Date 11/06/2020

The Commodity Futures Trading Commission today filed a complaint in the U.S. District Court for the Northern District of Georgia against Silver Star FX, LLC d/b/a Silver Star Live (SSL), a former New Mexico limited liability company, Silver Star Live Software LLC (SSLS), a Florida limited liability company, and David Wayne Mayer of Roswell, Georgia. The complaint charges all three defendants with sales solicitation fraud and failing to register with the CFTC.

EDHEC-Risk Alternative Indexes Performance Update: A Significant Recovery For Hedge Fund Performances

Date 11/06/2020

EDHEC is pleased to release the latest performance update of the EDHEC-Risk Alternative Indexes.

SME Sector Key To Successful Opening For The Irish Economy

Date 11/06/2020

Economist Jim Power stressed the vital role Irish small and medium enterprises can play in leading the Irish economy successfully out of the current downturn. He was speaking today to over 250 investment professionals in Ireland and across Europe in a virtual seminar organised by CISI Ireland, as part of their virtual CPD programme.