News Centre

Japan Financial Services Agency: Joint Session Of The 43rd General Meeting Of Financial System Council And The 31st Meeting Of Sectional Committee On Financial System

Date 10/02/2020

The joint session of the 43rd general meeting of the Financial System Council and the 31st meeting of the Sectional Committee on Financial System will be held on February 17, 2020 as follows. The meeting is open to the public.

Shenzhen Stock Exchange Accelerates The Approval For The Bond Issue Applications Of Hubei Enterprises Under Emergency -- The First Innovative Corporate Bond Supporting Anti-Epidemic Is Given The Green Light To Issue

Date 10/02/2020

On February 4, Wuhan Chedu Sishui Management Co., Ltd. (“Wuhan Sishui”) received the letter of no objection from SZSE for its green project income corporate bond. This is the first innovative corporate bond of Hubei Province getting the green light after the novel coronavirus-caused pneumonia (NCCP) outbreak.

Dubai Financial Market: The Board Of Directors Proposes Cash Dividend Of AED 200 Million: - DFM Company Posts Net Profit Of AED 120.6 Million In 2019

Date 09/02/2020

H.E. Essa Kazim highlighting DFM’s key developments of the past year:

• The implementation of structural development plan, establishing independent depository and clearing companies reinforces DFM’s business excellence journey
• Accelerated steps to launch the first platform of its kind globally for trading of free zone companies as well as the REITs platform
• Active participation in regulatory enhancements’ efforts to encourage going public and strengthen DFM’s position as the most favored listing venue
• launching the DFM Shari’a Index supports our efforts to attract more Islamic investments
• Net purchases of foreign investors reached AED 2.8 billion, underlining DFM’s attractiveness to international investments
• The market registered 3067 new investors lifting its investor base to 844,455 investors

New York Attorney General Letitia James Obtains Injunction Against “Self-Dealing” Private Equity Fund Manager Who Committed “Outright Fraud,” According To Court - Court Agrees With AG James And Says ACP Was “Utilized As Piggy Bank To Fund A Failing Broker-Dealer, Its Failing Parent, And [Managing Partner] Mr. Allen”

Date 07/02/2020

New York Attorney General Letitia James today announced her office has obtained an injunction protecting investors in private equity fund ACP X, LP (ACP) from further harm at the hands of Laurence G. Allen and the various corporate entities he controls. After a multi-day evidentiary hearing in January, Justice Barry R. Ostrager of the New York State Supreme Court found that the evidence produced by the Office of the Attorney General “revealed a shocking level of self-dealing, breaches of fiduciary duty, misappropriation of enormous sums of ACP capital, and outright fraud.”

SIFMA Statement On Data Connectivity

Date 07/02/2020

SIFMA today released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, regarding the U.S. Treasury Under Secretary for International Affairs Brent McIntosh’s speech on data connectivity Wednesday in Singapore.

“SIFMA congratulates Under Secretary McIntosh on an excellent speech. Cross-border data flows are crucial to the financial services industry and the capital formation and job creation they underpin. As such, building on the important milestones USMCA laid, we strongly endorse the Under Secretary’s prioritization of data connectivity. We warmly welcome both the establishment of the technical experts group on cross-border data issues in financial services, as part of the 2020 U.S. Presidency of the G7, and the U.S.-Singapore Joint Statement on Financial Services Data Connectivity. We look forward to continuing our work with Treasury on this issue, one of crucial importance.”

CFTC Commitments Of Traders Update

Date 07/02/2020

The current reports for the week of February 4, 2020 are now available.

MIAX PEARL Equities - Publication Of Proposed Equities Rules By SEC

Date 07/02/2020

On February 6, 2020, the Securities and Exchange Commission (SEC) published MIAX PEARL’s proposal to adopt rules governing the trading of equity securities under its exchange license.  MIAX PEARL is expected to begin trading equity securities in September 2020, subject to SEC approval. 

SEC Investor Advisory Committee To Meet On Feb. 27

Date 07/02/2020

The Securities and Exchange Commission's Investor Advisory Committee will hold a public meeting on Feb. 27.  The meeting will begin at 9:30 a.m. ET in the Multipurpose Room at SEC headquarters at 100 F Street, N.E., Washington, D.C., and is open to the public. The meeting will be webcast live and archived on the committee's website for later viewing.

BlackRock's Agribusiness Engagement Guidelines Draw Scrutiny From Environmental Groups - Amazon Watch And Friends Of The Earth Demand Real Action On Deforestation And Human Rights

Date 07/02/2020

Environmental groups Amazon Watch and Friends of the Earth released an analysis today of BlackRock’s newly released statement on its engagement with agribusiness – the second leading driver of the climate crisis after fossil fuels. The analysis highlights weaknesses in BlackRock’s approach to agribusiness, including the company’s failure to explain how it will adhere to international human rights norms and hold companies accountable.

SIFMA Statement On Data Connectivity

Date 07/02/2020

SIFMA today released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, regarding the U.S. Treasury Under Secretary for International Affairs Brent McIntosh’s speech on data connectivity Wednesday in Singapore.