May 2020
SEC Announces New Investor Advisory Committee Members
The Securities and Exchange Commission - SEC today announced the appointment of six new members to its Investor Advisory Committee.
SEC Orders Credit Rating Agency to Pay $3.5 Million for Conflicts of Interest Violations
SEC charged Morningstar Credit Ratings LLC for violating a conflict of interest rule designed to separate credit rating and analysis from sales.
RBNZ: Industrial and Commercial Bank of China limited registered as bank
The Reserve Bank today announced that it has registered Industrial and Commercial Bank of China Limited (“ICBC”) to provide banking services in New Zealand.
Global Equities Mixed But Mostly Positive, Wall Street to Soar High on Vaccine Cues
Vaccine cues, crude oil price gain, and improved economic outlook amid major economic reopening from lockdown keeps risk sentiment fundamentally supported.
Campaign to Raise Scam Awareness Among Pacific Communities as Reports Rise
FMA and Commerce Commission have launched a campaign to raise awareness of investment scams and pyramid schemes among Pacific communities in New Zealand.
Bank of Russia: Non-residents resume purchases of Russian assets in April
April recorded a slowdown of capital outflow from the Russian market, and a resumption of purchases of Russian assets in certain segments.
Financial System Review Summary—2020
COVID‑19 is an unprecedented shock for the Canadian economy.
Federal Reserve Board issues Report on the Economic Well-Being of U.S. Households
the Federal Reserve Board's latest Report on the Economic Well-Being of U.S.
ASIC Sets Expectations for Maintaining Equity Market Resilience
ASIC has outlined its expectations for all market participants to act appropriately to ensure Australia’s equity markets remain resilient.
Court Imposes Longest-Ever Sentence Resulting from BCSC Criminal Investigation
A Parksville man has been sentenced for defrauding two B.C. investors, the longest sentence ever imposed as a result of a criminal investigation by BCSC.
ASIC to Further Extend Financial Reporting Deadlines for Listed and Unlisted Entities and Amends ‘No Action’ Position for AGMs
ASIC will extend the deadline for both listed and unlisted entities to lodge financial reports under Chapters 2M and 7 of the Corporations Act (the Act).
SEC Charges Companies and CEO for Misleading COVID-19 Claims
SEC today announced charges in two cases involving companies that claimed in press releases to offer products to combat the COVID-19 virus.
ASIC Establishes a National Expert Group on Young People and Money
ASIC establishes a national expert group on young people and money. The OECD released the 2018 PISA financial literacy results.
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.