News Centre

Monetary Authority Of Singapore Outlines Enforcement Approach To Deter, Detect And Investigate Breaches Of Rules And Regulations

Date 24/09/2018

The Monetary Authority of Singapore (MAS) today published an Enforcement monograph to provide greater clarity and transparency into how MAS deters, detects, investigates and takes action against breaches of the rules and regulations it administers.  The monograph outlines how MAS’ Enforcement Department works together with the other financial sector oversight functions in MAS to uphold Singapore’s reputation as a clean and trusted financial centre.

The National Day Holiday Extension For The Saudi Stock Exchange (Tadawul)

Date 23/09/2018

Following the direction ordered by the Custodian of the Two Holy Mosques to extend National Day holiday, Saudi Stock Exchange (Tadawul) announces that the National Day holiday will be extended to Monday 24-09-2018 and trading will resume on Tuesday 25-09-2018.

Abu Dhabi Securities Exchange (ADX) Chairs Arab Federation Of Exchanges (AFE) Annual Meeting

Date 22/09/2018

Rashed Al Blooshi, Chief Executive of Abu Dhabi Securities Exchange (ADX),   chaired the 43rd session of Arab Federation of Exchanges (AFE) meeting.   The annual meeting of the AFE in its 43rd session took place last week in Abu Dhabi for the period of 2 days was attended a number of CEOs of Arab stock exchanges and chairmen of clearing and depository companies from all over the Arab world. 

Public Companies Charged With Failing To Comply With Quarterly Reporting Obligations

Date 21/09/2018

The Securities and Exchange Commission today announced charges against five public companies for failing to provide financial statements that were reviewed by their independent external auditor when they filed quarterly reports with the Commission on Form 10-Q.

SEC Charges Unregistered Sales Of Securities Issued Under EB-5 Immigrant Investor Program

Date 21/09/2018

The Securities and Exchange Commission today announced that an Illinois-based regional center, its CEO, and 37 affiliated limited partnerships have agreed to settle charges related to securities issued under the EB-5 Immigrant Investor Program, which provides foreigners who invest in the U.S. a potential path to becoming a U.S. resident.

CFTC Commitments Of Traders Reports Update

Date 21/09/2018

The current reports for the week of September 21, 2018 are now available.

See previous weeks in Historical Commitments of Traders Reports.

SEC Staff To Host Nov. 15 Roundtable On The Proxy Process

Date 21/09/2018

The Securities and Exchange Commission today announced that its staff will host a roundtable on Nov. 15 to hear investor, issuer, and other market participant views about the proxy process and rules.

B3: New Trading Hours – BM&F And BOVESPA Segments

Date 21/09/2018

Owing to the start of daylight saving time in Brazil and the end of daylight saving time in the United States, B3 will change the trading hours of its exchange and organized OTC markets from November 5, 2018. Thetrading hours for the BOVESPA and BM&F Segments are available here.

CFTC Finds Mizuho Bank, Ltd. Engaged In Spoofing Of Treasury Futures And Eurodollar Futures

Date 21/09/2018

The Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against Mizuho Bank, Ltd. (Mizuho) for engaging in multiple acts of spoofing in a variety of futures contracts on the Chicago Mercantile Exchange and the Chicago Board of Trade, including futures contracts based on United States Treasury notes and Eurodollars.  The Order finds that Mizuho engaged in this activity through one of its employees (Trader A) who accessed these markets through a trading platform from Mizuho’s Singapore office.  The Order requires Mizuho to pay a $250,000 civil monetary penalty, and cease and desist from violating the Commodity Exchange Act’s prohibition against spoofing. 

US Federal Agencies Approve Amendments To Swap Margin Rule

Date 21/09/2018

Five federal agencies approved final amendments to swap margin requirements to conform with recent rule changes that impose new restrictions on certain qualified financial contracts of systemically important banking organizations (QFC Rules). Under the amendments, legacy swaps entered into before the applicable compliance date will not become subject to the margin requirements if they are amended solely to comply with the requirements of the QFC Rules.