Wall Street to Tumble as Recovery Hopes Ease, Virus Woes Continue to Dominate
Virus woes dominate the market, Speech from Fed members in focus amid easing hopes of economic recovery in the Wall Street.
July 2020
Consumer Financial Protection Bureau Files Suit Against Loan Doctor and Edgar Radjabli for Deceptive Acts and Practices in Marketing a Savings CD Account
Consumer Financial Protection Bureau files suit against Loan Doctor and Edgar Radjabli for deceptive acts and practices in marketing a savings CD account.
Intercontinental Exchange Reports June & Q2 Statistics
Intercontinental Exchange reported June and Q2 trading volume and related revenue statistics, can be viewed on the company’s investor relations website.
A Road Map to Payment Systems
About 30 million financial transactions take place in Canada daily.
Chinese Data Led Rally to Drive Wall Street Price Activity Today, Covid-19 Woes Continue To Weigh
This rally is led by economic recovery hopes stemming from better than expected Chinese data, Following cues from the Asian market.
DMCC Welcomes 805 New Companies in First Half of 2020 and Strengthens Ties with China and Tech
DMCC announced that 805 new companies joined the business district in the first half of 2020, highlighting the Free Zone’s continued appeal.
Canadian Securities Regulators Introduce Guidance for Flexible Chief Compliance Officer Arrangements for Businesses
CSA announced guidance that will allow firms to implement flexible chief compliance officer arrangements that better align with their operational needs.
DMCC Strengthens Dubai-China Trade Ties Through Diamonds
DMCC announced the signing of MoU with the GZDE, establishing partnership with one of China’s leading international diamond trading platforms.
Credit Suisse Pays $75,000 Infringement Notice
Credit Suisse Equities Limited has paid a penalty of $75,000 to comply with an infringement notice given by the Markets Disciplinary Panel (the MDP).
Moscow Exchange Trading Volumes in June 2020
In June 2020, total trading volumes across Moscow Exchange’s markets grew by 10.3% to reach RUB 72.9 trln led by the Equity.
Senate Debates Central Bank Digital Currency
The former head of the Commodity Futures Trading Commission (CFTC) was back on Capitol Hill, this time speaking about digital currency.
Central Bank of Ireland: Making the case for macroprudential tools for the market-based finance sector: lessons from COVID-19 – Governor Gabriel Makhlouf
Remarks prepared for Bruegel online event on “The need for market-based finance after COVID-19" [check against delivery] Introduction. Good afternoon.
Investor Appetite For DGCX Currency Products Continues to Grow Ahead of Launch of FX Rolling Futures Contracts
The DGCX continues to see strong investor appetite for its currencies portfolio against a backdrop of ongoing foreign exchange (FX) volatility.
SEC Charges Alexion Pharmaceuticals With FCPA Violations
SEC announced that Alexion Pharmaceuticals has agreed to pay more than $21 million to resolve charges that it violated Foreign Corrupt Practices Act (FCPA).
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.