News Centre

Dubai Financial Market Achieves 97% Compliance In Listed Companies’ Disclosure Of Q3-2019 Results

Date 17/11/2019

Dubai Financial Market (DFM) today announced that its listed companies have recorded a 97% compliance regarding the disclosure of Q3-2019 results within the deadline of 45 days from the end of the period.

ISDA Publishes Results Of Consultation On Final Parameters For Benchmark Fallback Adjustments

Date 15/11/2019

ISDA has today published a report that summarizes responses to a consultation on the final parameters of adjustments that will apply to derivatives fallbacks for certain interbank offered rates (IBORs).

Greg Wojciechowski, President And CEO Of The Bermuda Stock Exchange Joined A Panel To Discuss The Connection Between ILS And ESG

Date 15/11/2019

Greg Wojciechowski, President and CEO of the Bermuda Stock Exchange, recently joined a panel to discuss the connection between insurance-linked securities (ILS) and Environmental, Social and Governance (ESG) considerations.

Statement Of SEC Commissioners Jackson And Lee On Non-Transparent Exchange Traded Funds

Date 15/11/2019

Yesterday the Commission took action on four applications for a relatively new type of exchange-traded fund. Unlike other ETFs, these funds won’t provide full daily transparency of exactly what’s in their portfolios. We are grateful to the tremendous Staff in the Division of Investment Management, especially Director Dalia Blass and her colleagues Daniele Marchesani, Andrea Ottomanelli Magovern, Deepak T. Pai, Kay-Mario Vobis, and Bradley Gude for the thoughtful approach they have taken to the hard questions raised by these applications. Because the Staff’s work produced important guardrails that will help protect investors from the risks of non-transparent funds, we voted to support these actions.

Remarks Of DSIO Director Joshua B. Sterling Before The K&L Gates Chicago Investment Management Conference, November 14, 2019, Trillions

Date 15/11/2019

Introduction.

Good morning.  I wish to begin by thanking K&L Gates for hosting this important conversation, and for the hospitality that they have extended to all gathered here today.

It is impossible to overstate the value of the bar in an open society that is sustained by a common respect for natural rights, fealty to the law, and the coruscating power of free markets.  Those markets afford a broad and grand wealth unparalleled in human history, and they operate under laws enacted with the consent of the governed.  General prosperity is only possible in such a system.  The alternative prescription of resource distribution by fiat would visit upon everyone a moribund and general destitution, delivered by a government of thuggery, cloaked in the color of law and malevolent towards the very idea that individual freedom is the birthright of all.

Ontario Securities Commission Seeks Applications For The Securities Proceedings Advisory Committee

Date 15/11/2019

The Ontario Securities Commission (OSC) is seeking new members to join the Securities Proceedings Advisory Committee.

CFTC Commitments Of Traders Reports Update

Date 15/11/2019

The current reports for the week of November 12th, 2019 are now available.

Statement On Whistleblower Program 2019 Annual Report To Congress, SEC Chairman Jay Clayton, Nov. 15, 2019

Date 15/11/2019

Today, the SEC’s Office of the Whistleblower (OWB) issued its Whistleblower Program Fiscal Year (FY) 2019 Annual Report to Congress (Annual Report).  FY 2019 marks the eighth full year for OWB.  Our whistleblower program has made substantial progress since its inception and has proven to be an invaluable component of our enforcement efforts.  From the receipt of a tip, complaint or referral (TCR), to the opening of an enforcement matter, through resolution of that matter and, ultimately, a whistleblower award determination, we are continuing to move more efficiently and with greater effect.  This progress is due in large part to continued coordination among our Division of Enforcement, OWB, and other Divisions and Offices of the Commission.

Federal Reserve Board: Financial Stability Report

Date 15/11/2019

This report summarizes the Federal Reserve Board’s framework for assessing the resilience of the U.S. financial system and presents the Board’s current assessment. By publishing this report, the Board intends to promote public understanding and increase transparency and accountability for the Federal Reserve’s views on this topic.

SEC Awards Over $260,000 To Whistleblowers For Their Help In Spotting Securities Fraud

Date 15/11/2019

The Securities and Exchange Commission today announced an award to three individuals who jointly submitted a tip alerting the agency to a well-concealed fraud targeting retail investors.  The information led to a successful enforcement action.  The whistleblowers, who were themselves harmed investors, will collectively receive a payment of over $260,000 based on current collections.