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Dubai Gold and Commodities Exchange

DGCX appoints Abdullah Harmoozi as Head of Outreach & Engagement

The Dubai Gold and Commodities Exchange (DGCX) has appointed, Abdullah Harmoozi, as Head of Outreach & Engagement. In his new role, Harmoozi will be responsible for overseeing media outreach, engagement and sales, and will work…

US Securities and Exchange Commission - VALIC

SEC Charges VALIC Financial Advisors with Failing to Disclose Payments to Promote Services to Florida Educators

Washington D.C., July 28, 2020 — The Securities and Exchange Commission - SEC today charged Houston-based VALIC Financial Advisors Inc. (VFA) in a pair of actions for failing to disclose to teachers and other investors…

US Securities and Exchange Commission - VALIC

SEC Announces Creation of the Event and Emerging Risk Examination Team in the Office of Compliance Inspections and Examinations and the Appointment of Adam D. Storch as Associate Director

Washington D.C., July 28, 2020 — The Securities and Exchange Commission today announced the creation of the Event and Emerging Risks Examination Team (EERT) in the Office of Compliance Inspections and Examinations (OCIE). The EERT…

SGX logo Feature

REGULATOR’S COLUMN: What SGX RegCo Expects of Financial Reports Amid COVID-19

The interim financial reports for the period ended 30 June 2020 may be the first reports on issuers’ financial performance since COVID-19 took hold and brought on various challenges and restrictions. Significant uncertainty, or even…

ASIC

ASIC Takes Action to Wind up Illegal Investment Scheme MyWealth Manager

The Federal Court has made orders to wind up MyWealth Manager, an unregistered managed investment scheme (the Scheme). The Court found the Scheme had been operated by Mustafa Mohammed, Mahek Mustafa, Mubashir Mohammed and included…

Fintrac

FINTRAC Guidance Related to the Ministerial Directive on Financial Transactions Associated with the Islamic Republic of Iran Issued on July 25, 2020

This guidance is related to the Ministerial Directive (MD) issued by the Minister of Finance that was published in the Canada Gazette and came into force on July 25, 2020. This guidance will answer the…

US Securities and Exchange Commission - VALIC

Agencies Adopt Final Rule on the Orderly Liquidation of Covered Broker-Dealers under Title II of the Dodd-Frank Act

Washington D.C., July 24, 2020 — The Securities and Exchange Commission and the Federal Deposit Insurance Corporation have adopted a final rule required by the Dodd-Frank Act clarifying and implementing provisions relating to the orderly…

US Securities and Exchange Commission - VALIC

SEC Charges Trustify Inc. and Founder in $18.5 Million Offering Fraud

Washington D.C., July 24, 2020 — The Securities and Exchange Commission today charged Trustify Inc., an online marketplace purportedly designed to connect customers to a network of private investigators, and its founder and CEO Daniel…

CFTC

CFTC Awards Approximately $9 Million to Whistleblower

Washington, D.C. — The Commodity Futures Trading Commission today announced an award of approximately $9 million to a whistleblower whose specific, credible, and timely tip led the Commission to open an investigation and ultimately bring a…

ICE, Intercontinental Exchange

J.P. Morgan Asset Management Joins ICE ETF Advisory Committee

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 JP Morgan Asset Management has joined the…