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Bank-of-Russia, market-making, restrictions, information, securities, economic activity, FPS, reputation, recommendations

CBR Commission receives 646 applications for business reputation recovery

Over the period of its operation, as of 1 July 2020, the Bank of Russia Commission received 646 applications from members of governing bodies, officials and owners of financial institutions who do not agree with the decision that their qualifications or business reputation do not meet current requirements. The Commission started its work on 28 January 2018. It has sustained 291 complaints since…

ICE, Intercontinental Exchange

ICE ETF Hub has Record Notional Volume in the Second Quarter

ATLANTA & NEW YORK--(BUSINESS WIRE)-- Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE ETF Hub had record notional volume…

FIATECH

FIA Commends and Offers Refinements to CFTC’s Proposed Position Limits Rule

Washington, D.C.—FIA today commends the CFTC for proposing a workable and flexible rule on speculative position limits for derivatives.  The rule, which has been proposed and re-proposed several times since the passage of the Dodd-Frank…

US Securities and Exchange Commission - VALIC

SEC Issues $3.8 Million Whistleblower Award

Washington D.C., July 14, 2020 — The Securities and Exchange Commission today announced a $3.8 million award to a whistleblower who provided significant information that helped the SEC disrupt an ongoing fraudulent scheme.  The resulting…

US Securities and Exchange Commission - VALIC

SEC Charges Wind Turbine Company and Individuals With Defrauding Investors

Washington D.C., July 14, 2020 — The Securities and Exchange Commission - SEC today announced charges against Thunderbird Power Corp., an Arizona-based company claiming to be developing a wind turbine technology, and three individuals for…

ASIFMA

ASIFMA Produces Industry Guide for IBOR Transition in Asia

Hong Kong, 13 July 2020 – ASIFMA, the financial industry’s leading regional trade association, today published an “IBOR Transition Guide for Asia”. The guide was co-produced with three other trade associations, The Asia Pacific Loan…

CFTC

CFTC to Hold Open Commission Meetings on July 22 and 23

Washington, D.C. — Commodity Futures Trading Commission Chairman Heath P. Tarbert today announced the CFTC will hold open meetings on July 22 and 23. The meetings will be held via conference call in accordance with…

US Securities and Exchange Commission - VALIC

SEC Charges App Developer for Unregistered Security-Based Swap Transactions

Washington D.C., July 13, 2020 — The Securities and Exchange Commission today charged California-based Abra and a related firm in the Philippines for offering and selling security-based swaps to retail investors without registration and for…

MAS

Project Ubin’s Fifth and Final Phase Highlights Commercial Potential, Paving Way towards Live Adoption

Singapore, 13 July 2020… The Monetary Authority of Singapore (MAS) and Temasek today jointly released a report to mark the successful conclusion of the fifthMAS announced the fifth phase of Project Ubin on 11 November…

UK FCA

FCA Commences Civil Proceedings in Relation to Alleged Unauthorised Regulated Mortgage Contracts and Sale & Rent Back Agreements

FCA commences civil proceedings in relation to alleged unauthorised regulated mortgage contracts and sale & rent back agreements. The FCA has secured an interim injunction stopping these activities from continuing and a restraint order freezing…