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US Securities and Exchange Commission - VALIC

SEC Proposes to Improve the Retail Investor Experience through Modernized Fund Shareholder Reports and Disclosures

Washington D.C., Aug. 5, 2020 — The Securities and Exchange Commission - SEC today proposed comprehensive modifications to the mutual fund and exchange-traded fund disclosure framework to better serve the needs of retail investors. The…

US Securities and Exchange Commission - VALIC

SEC Charges Affiliated Advisers for Misrepresentations About Payment for Order Flow Arrangements

Washington D.C., Aug. 5, 2020 — The Securities and Exchange Commission - SECtoday filed settled charges against affiliated registered investment advisers WBI Investments Inc. and Millington Securities Inc. for making material misrepresentations to clients about…

MAS

MAS Announces Key Initiatives to Support SORA Adoption

Singapore, 5 August 2020… The Monetary Authority of Singapore (MAS) today announced several initiatives to support the adoption of the Singapore Overnight Rate Average (SORA)SORA is defined as the volume-weighted average rate of borrowing transactions…

CSA

Canadian Securities Administrators Publish IIROC Oversight Review Report

Toronto – The Canadian Securities Administrators (CSA) today released its Oversight Review Report of the Investment Industry Regulatory Organization of Canada (IIROC), which evaluates whether IIROC has complied with the terms and conditions of its…

US Securities and Exchange Commission - VALIC

Enforcement Co-Director Steven Peikin to Depart

Washington D.C., Aug. 5, 2020 — The Securities and Exchange Commission today announced that Division of Enforcement Co-Director Steven Peikin will leave the agency on Aug. 14, 2020. During his more than three years serving…

US Securities and Exchange Commission - VALIC

SEC Provides Transparency to the Process of Nominating Candidates to the Investor Advisory Committee

Washington D.C., Aug. 5, 2020 — The Securities and Exchange Commission - SEC today published procedures setting forth a staff-led process to nominate candidates for appointment to the Investor Advisory Committee. Candidates for vacancies on…

Reserve Bank of Australia, policy

Reserve Bank of Australia: Statement by Philip Lowe, Governor: Monetary Policy Decision

At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points. The global economy is…

Central Bank of BH: Appreciation Speech at the 2019 Person of the Year Award in the category of Public Administration organized by Večernji list magazine

Senad Softić, Ph.D. Governor of the Central Bank of BH Sarajevo, 7 June 2020 First of all, I would like to thank you for your trust and honor for being nominated and selected for the…

CFTC

NYMEX and Two Former Employees to Pay $4 Million for Disclosing Material Non-Public Information

Washington, D.C. — The Commodity Futures Trading Commission today announced that the Honorable Vernon S. Broderick of the U.S. District Court for the Southern District of New York entered a consent order resolving CFTC charges…

CFTC

CFTC Advisory Warns Customers to Carefully Assess Precious Metals Pitches Touting CARES Act Rules

Washington, D.C. — The Commodity Futures Trading Commission today issued a Customer Advisory educating the public about unregistered gold and silver dealers advising investors to use relaxed rules under the Coronavirus Aid, Relief, and Economic Security…