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New York Governor Cuomo Announces New Directive Requiring New York Insurers To Waive Cost-Sharing For Coronavirus Testing - Currently All COVID-19 Tests Conducted At The State's Wadsworth Lab Are Fully Covered - New Yorkers Receiving Medicaid Coverage Will Not Be Expected To Pay A Co-Pay For Any Testing Related To COVID-19 - Outlines Series Of Other Actions That Health Insurers Should Take, Including Keeping New Yorkers Informed About Available Benefits And Offering Telehealth Medical Advice And Treatment

Date 06/03/2020

Governor Andrew M. Cuomo today announced a new directive by the State Department of Financial Services requiring New York health insurers to waive cost sharing associated with testing for novel coronavirus including emergency room, urgent care and office visits. The Governor also announced New Yorkers receiving Medicaid coverage will not be expected to pay a co-pay for any testing related to COVID-19. These actions will help ensure that cost does not serve as a barrier to access to COVID-19 testing for any New Yorker. Currently all COVID-19 tests being conducted at the State's Wadsworth Lab are fully covered.

Nadex Amends US Tech 100 Call Spread Strike Width

Date 06/03/2020

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and section §40.6(a) of the regulations promulgated by the Commission under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) submitted to the Commission on March 6, 2020 its intent to amend the strike widths in its US Tech 100 Daily, 8.25-Hour Intraday, and 2-Hour Intraday Call Spread Contracts.  This self-certification and Rule amendments will become effective March 23, 2020. 

U.S. Chamber Creates Task Forces To Help Businesses Mitigate Impact Of Coronavirus And Reiterates Call For “Facts Over Fear”

Date 06/03/2020

Today the U.S. Chamber of Commerce is launching four new task forces to prepare business for any potential long-term economic impacts of the coronavirus.

US Federal Agencies Invite Comment On Updates To Resolution Plan Guidance For Large Foreign Banks

Date 06/03/2020

The Federal Deposit Insurance Corporation and the Federal Reserve Board on Friday invited public comment on proposed changes to the guidance for resolution plans submitted by large foreign banks, including plans that are due by July 1, 2021. The updates focus on the agencies' expectations around a firm's derivatives and trading activities and payment, clearing, and settlement activities.

CFTC Commitments Of Traders Update

Date 06/03/2020

The current reports for the week of March 5, 2020 are now available.

Unstable Coins: Cryptoassets, Financial Regulation And Preventing Financial Crime In The Emerging Market For Digital Assets - Speech By Therese Chambers, Director Of Retail And Regulatory Investigations At The FCA, Delivered At The Advancement Of Digital Assets And Addressing Financial Crime Risk, New York University School Of Law

Date 06/03/2020

Highlights

• Cryptoassets such as Bitcoin, present different financial crime risks from traditional FinTech apps, as they enable digital value transfer without a financial intermediary.
• Money laundering using cryptoassets is a real danger, but the application of robust AML controls combined with international cooperation can help reduce the risk.
• Robust regulation to prevent financial crime supports financial innovation in new markets such as cryptoassets.
• The FCA’s AML regime for cryptoassets presents the FCA with unique supervisory and enforcement powers that are tailored to meet international standards.

EEX Achieves Hat-Trick Of Daily Trading Records In Dairy Futures

Date 06/03/2020

On Wednesday, 4th March 2020, the European Energy Exchange (EEX) achieved a record day in its Dairy segment with a total of 5,475 tonnes of goods equivalent being traded in EEX dairy futures (1,095 contracts). This is the first time the 1,000-contracts-a-day level has ever been exceeded in Europe since the launch of on-exchange dairy price risk management instruments back in 2010. New record daily highs on the futures markets for butter and skimmed milk powder futures contributed to this performance.

Deutsche Börse - COVID-19: How We Handle The Situation

Date 06/03/2020

We at Deutsche Börse create trust in the markets of today and tomorrow. As reliable market infrastructure provider, trusted partner and caring employer, we take the global COVID-19 situation very seriously.

Euronext Announces Volumes For February 2020

Date 06/03/2020

Euronext, the leading pan-European exchange, today announced trading volumes for February 2020.

CFTC’s Energy And Environmental Markets Advisory Committee To Meet On March 24

Date 06/03/2020

The Commodity Futures Trading Commission’s Energy and Environmental Markets Advisory Committee (EEMAC) today announced that it will hold a public meeting on Tuesday, March 24, 2020, at the CFTC’s Washington, D.C. headquarters.