News Centre

CFTC To Hold An Open Commission Meeting On March 19

Date 12/03/2020

Commodity Futures Trading Commission Chairman Heath P. Tarbert today announced the CFTC will hold an open meeting on Thursday, March 19, 2020 at 10:00 a.m. (EDT) to consider the following:

• Final Rule: Amendment to Regulation 23.161—Compliance Schedule Extension for Initial Margin Requirements for Uncleared Swaps

• Proposed Rule: Amendments to Compliance Requirements for Commodity Pool Operators on Form CPO-PQ

• Final Interpretive Guidance: Retail Commodity Transactions Involving Certain Digital Assets

• Other Commission Business

Worst Day For Markets Since The 1987 Market Crash

Date 12/03/2020

Panic hit world financial markets on Thursday after stimulus efforts from the ECB failed to calm investors and after President Donald Trump and the Federal Reserve both failed to quell concerns over the economic slowdown stemming from the coronavirus.

SEC Wins Jury Trial Against Microcap Fraudsters

Date 12/03/2020

Jurors in Los Angeles federal court yesterday returned a verdict in the Securities and Exchange Commission’s favor against a microcap issuer, Curative Biosciences Inc., formerly known as Healthient Inc., and husband-and-wife insiders who made false and misleading statements to conceal their unregistered sales of company stock.

ISDA AGM And COVID-19

Date 12/03/2020

In an effort to keep our members informed of ISDA’s response to the coronavirus (COVID-19), we would like to make you aware of an important decision we have taken regarding the Annual General Meeting (AGM). After deliberations with the ISDA Board of Directors over how best to ensure the health and safety of our membership and employees, we have decided to reschedule the AGM from May 5-7, 2020 to November 3-5, 2020 in Madrid.

B3: Circuit Breaker

Date 12/03/2020

B3 hereby inform you that, due to the triggering of Circuit Breaker (oscillation of -10% from Ibovespa’s closing level on the previous day), all trading in equities segment is interrupted for 30 minutes. During this period, the orders that are not participating in auction can be cancelled.

Division Of Corporation Finance Chief Accountant And Disclosure Review Program Director Kyle Moffatt To Leave SEC

Date 12/03/2020

The Securities and Exchange Commission today announced that Kyle Moffatt, Chief Accountant and Disclosure Program Director in the Division of Corporation Finance, will leave the agency in March after nearly 20 years of public service.

Federal Reserve Bank Of New York: Statement Regarding Treasury Reserve Management Purchases And Repurchase Operations

Date 12/03/2020

The Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York has released a new monthly schedule of Treasury securities operations and has updated the current monthly schedule of repurchase agreement (repo) operations.  Pursuant to instruction from the Chair in consultation with the FOMC, adjustments have been made to these schedules to address temporary disruptions in Treasury financing markets.  The Treasury securities operation schedule includes a change in the maturity composition of purchases to support functioning in the market for U.S. Treasury securities.  Term repo operations in large size have been added to enhance functioning of secured U.S. dollar funding markets.

Euronext Announces Annual Review Results Of The CAC® Family Indices

Date 12/03/2020

Euronext today announced the results of the quarterly review for the CAC® family indices. The changes due to the review will be effective from Monday 23 March 2020.

EBA Statement On Actions To Mitigate The Impact Of COVID-19 On The EU Banking Sector

Date 12/03/2020

• EU-wide stress test postponed to 2021 to allow banks to prioritise operational continuity
• Competent authorities should make full use, where appropriate, of flexibility embedded in existing regulation

Trading Results Disclosure Time Changes For MOEX FX And Precious Metals Markets

Date 12/03/2020

Starting with 13 March 2020, daily trading results for Moscow Exchange’s FX and Precious Metals Markets will be disclosed on the website of Moscow Exchange after the end of trading at 23:50:00 MSK on the current trading day.