News Centre

New York State Department Of Financial Services Continues To Advance Responsible Growth In New York’s Fintech Industry With New Virtual Currency Approvals - Department Grants New Virtual Currency License To Xapo Inc. - Paxos Trust Company LLC, An Existing DFS Licensee, Is Now Authorized To Offer Additional Products And Services

Date 14/06/2018

Financial Services Superintendent Maria T. Vullo today announced that the Department of Financial Services has granted a virtual currency license to Xapo, Inc. DFS has also authorized Paxos Trust Company LLC, formerly known as itBit Trust Company, to offer exchange and custody services for Ether, Litecoin, Stellar Lumens and Bitcoin Cash, emerging cryptocurrencies, on its virtual currency exchange.

FINRA Announces Initiative To Transform CRD, Other Registration Systems - New Technology Will Lead To Enhanced Efficiencies And Reduced Compliance Costs For Firms

Date 14/06/2018

FINRA today announced details of a multi-phased effort to overhaul its registration and disclosure programs, including the Central Registration Depository (CRD)—the central licensing and registration system that FINRA operates for the U.S. securities industry and its regulators and that provides the backbone of BrokerCheck. The first phase of the transformation—a new WebCRD interface that highlights important information or activities requiring immediate attention of firms, branches and individuals—goes into effect June 30.

Ontario Securities Commission Announces Roundtable On Derivatives Registration And Business Conduct Rules

Date 14/06/2018

The Ontario Securities Commission (OSC) today announced that it will hold a roundtable to discuss stakeholder input on the CSA notices Proposed National Instrument 93-102 Derivatives: Registration and Proposed Companion Policy 93-102 Derivatives: Registration and Proposed National Instrument 93-101 Derivatives: Business Conduct and Proposed Companion Policy 93-101 CP Derivatives: Business Conduct.

SIFMA Comments On Regulation: Best Interest - Regulation Strengthens Investor Protections While Preserving Investor Choice

Date 14/06/2018

In an Investor Advisory Committee meeting on “Regulation: Best Interest” hosted today by the SEC, SIFMA executive vice president and general counsel Ira Hammerman emphasized SIFMA’s longstanding support of the creation of a heightened best interest standard for broker-dealers that builds upon the existing, robust, regulatory regime under the federal securities laws.

Canadian Securities Regulators Seek Second Round Of Input On Proposed Business Conduct Rules For Derivatives Dealers And Advisers

Date 14/06/2018

The Canadian Securities Administrators (CSA) today published a notice and second request for comment (the Notice) on Proposed National Instrument 93-101 Derivatives: Business Conduct and Proposed Companion Policy 93-101 CP Derivatives: Business Conduct (collectively, the Proposed Instrument). The Proposed Instrument establishes a business conduct regime for regulating dealers and advisers in over-the-counter (OTC) derivatives in Canada.

Nigerian Stock Exchange Weekly Stock Market Report For June 14th 2018

Date 14/06/2018

It was a four-day trading session this week as the Federal Government of Nigeria declared Friday June 15th and Monday June 18th 2018  public holidays to mark the end of the Holy Month of Ramadan and commemorate the Eid-al-Fitr celebrations.  

Meanwhile, a total turnover of 1.738 billion shares worth N18.462 billion in 14,790 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.749 billion shares valued at N31.183 billion that exchanged hands last week in 24,604 deals. 

Digital Asset Transactions: When Howey Met Gary (Plastic) - William Hinman Director, SEC Division Of Corporation Finance, San Francisco, CA, June 14, 2018 - Remarks At The Yahoo Finance All Markets Summit: Crypto

Date 14/06/2018

Thank you Andy. I am pleased to be here today. This event provides a great opportunity to address a topic that is the subject of considerable debate in the press and in the crypto-community – whether a digital asset offered as a security can, over time, become something other than a security.

ESM Board Of Directors Approves €1 Billion Disbursement To Greece For Arrears Clearance

Date 14/06/2018

The Board of Directors of the European Stability Mechanism (ESM) today authorised the release of €1 billion to Greece for the clearance of arrears. This is the remaining amount of the fourth tranche of ESM financial assistance, approved on 27 March 2018. It will be disbursed to a dedicated account for further clearing arrears.

Semi-annual Review Of The OMX Iceland 8 Index

Date 14/06/2018

Nasdaq (NASDAQ:NDAQ) announces today the results of the semi-annual review of Nasdaq Iceland’s leading index, OMX Iceland 8 (NASDAQ OMX Iceland: OMXI8), which will become effective at the market open on July 2, 2018. Skeljungur hf. (SKEL) is a new constituent and replaces Reginn hf. (REGINN).

ACER Publishes Its Annual Activity Report For 2017

Date 14/06/2018

ACER has published its Consolidated Annual Activity Report containing a summary of the activities carried out by the Agency last year. The document, adopted by ACER’s Administrative Board on 7 June 2017, contains information on the Agency’s main achievements. You can access the report here.