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  • SEC Retail Strategy Task Force To Host Roundtable On Combating Elder Investor Fraud

    Date 26/09/2019

    The Securities and Exchange Commission Retail Strategy Task Force will host a roundtable on Oct. 3 on combating elder investor fraud. The roundtable will focus on the types of fraudulent and manipulative schemes currently targeting elder investors. The roundtable also will explore views from a broad range of regulators and industry experts on potential steps regulators, broker-dealers, investment advisers, and others can take to identify and combat elder investor fraud.

  • B3 Announces Results Of Report Or Explain For Sustainable Development Goals (SDG)

    Date 26/09/2019

    B3 has announced the results of the third year of the Report or Explain for Sustainable Development Goals (SDG) initiative. This joint strategy with the Global Reporting Initiative (GRI) sets down efforts by companies listed at B3to publish sustainability or integrated reports that incorporate SDGs - 17 global goals defined in 2015 by the United Nations (UN).

  • SEC Charges Three Individuals With Deceiving Main Street Investors Through The Sale Of Binary Options

    Date 26/09/2019

    The Securities and Exchange Commission today charged three foreign individuals, Gil Beserglik, Raz Beserglik and Kai Christian Petersen, with deceiving U.S. investors, including vulnerable retirees, and causing them to lose tens of millions of dollars through fraudulent, online sales of high-risk securities known as binary options.

  • Government Of Union: Achieving Certainty In Cross-Border Finance - Vice Chair For Supervision And Chair Of The Financial Stability Board Randal K. Quarles - At The Financial Stability Board Workshop On Pre-Positioning, Ring-Fencing, And Market Fragmentation, Philadelphia, Pennsylvania

    Date 26/09/2019

    Regulatory and supervisory colleagues, members of the Financial Stability Board's (FSB) Resolution Steering Group (ReSG) and Standing Committee on Supervisory and Regulatory Cooperation (SRC), representatives from academia, and the private sector: Thank you for being here, and for taking part in today's workshop on pre-positioning, ring-fencing, and market fragmentation. I particularly want to thank Ryozo Himino, our new SRC chair, for his leadership in highlighting these issues; his remarks and efforts around market fragmentation are especially timely, as we begin the difficult task of examining the post-crisis reforms. I also want to recognize and thank Sir Jon Cunliffe, for proposing a workshop where we can explore these issues together; as he recently said, quoting Ben Franklin, "we must all hang together, or most assuredly, we shall all hang separately." Finally, I want to thank the leadership and staff of the Federal Reserve Bank of Philadelphia, for not just accommodating us, but making us feel welcome in the nation's first capital.

  • Keynote Address Of CFTC Commissioner Dan M. Berkovitz At ISDA’s 2019 Annual North America Conference, September 26, 2019

    Date 26/09/2019

    Good afternoon and thank you for the warm welcome.  I would like to thank Scott O’Malia and ISDA for inviting me to speak at this event.  I am pleased to be here at the one-year anniversary of my having joined the CFTC as a Commissioner.  It also is the ten-year anniversary of the G20 Summit in Pittsburgh where global leaders adopted many of the financial regulatory principles that still guide our work today.  This is a good time to take stock of how far the Commission and the global derivatives industry have come in recent years, and to highlight what I see as an opportunity to facilitate more effective and efficient compliance.