August 2020
Wall Street to Plummet On Sino-U.S. Tensions, NFP in Focus
China-U.S. tensions reached new highs as President Trump signed a new executive order banning transactions with two major China based social media apps.
FCA Highlights Concerns When Credit Firms Allow Repeat Borrowing
FCA highlights concerns about poor practices by some firms and notes that nearly half of consumers regretted borrowing more money.
DGCX Maintains Momentum into Second Half of the Year with Strong G6 Currencies Volumes and Successful Launch of New FX Products
DGCX maintained its momentum into the second half of the year with Strong G6 Currencies Volumes and Successful Launch of New FX Products.
KiwiSaver Statements Starting to Help Members Take Action
A third of KiwiSaver members who read their annual statement this year recalled seeing their projected retirement lump sum, a FMA survey has found.
SET News : SET Market Report for July 2020
SET Index at end-July closed at 1,328.53 points or a 0.8 percent decline from the previous month with various factors weighed on investors' sentiments.
Intercontinental Exchange Enters Definitive Agreement to Acquire Ellie Mae from Thoma Bravo
Intercontinental Exchange announced today that it has entered into a definitive agreement to acquire Ellie Mae for the mortgage finance industry.
Wall Street Futures Flat as Focus Moves to Jobless Claims, Stimulus Updates in Focus
On the macro data front, US calendar sees the release of initial Jobless claim, unemployment rate and continuing jobless claims.
SEC Proposes to Improve the Retail Investor Experience through Modernized Fund Shareholder Reports and Disclosures
SEC proposed comprehensive modifications to the mutual fund and exchange-traded fund disclosure framework to better serve the needs of retail investors.
SEC Charges Affiliated Advisers for Misrepresentations About Payment for Order Flow Arrangements
SEC charges against affiliated registered investment advisers WBI Investments Inc. and Millington Securities Inc. for making material misrepresentations.
MAS Announces Key Initiatives to Support SORA Adoption
The Monetary Authority of Singapore (MAS) today announced several initiatives to support the adoption of the Singapore Overnight Rate Average (SORA).
Canadian Securities Administrators Publish IIROC Oversight Review Report
The Canadian Securities Administrators today released its Oversight Review Report of the Investment Industry Regulatory Organization of Canada (IIROC).
Enforcement Co-Director Steven Peikin to Depart
The Securities and Exchange Commission today announced that Division of Enforcement Co-Director Steven Peikin will leave the agency on Aug. 14, 2020.
SEC Provides Transparency to the Process of Nominating Candidates to the Investor Advisory Committee
SEC today published procedures setting forth a staff-led process to nominate candidates for appointment to the Investor Advisory Committee.
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.