The Securities and Exchange Commission (SEC) announced that Lucas Moskowitz has been named the agency’s chief of staff. Lucas’s diverse background in both the public and private sectors has given him valuable experience in all three areas of the SEC’s core mission, and I am delighted to have him on board,” said SEC Chairman Jay…
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ETCs are tradable in USD and provide access to Rogers International Commodity Enhanced Indices (RICI) Eight new exchange traded commodities (ETCs) issued by BNP Paribas Arbitrage Issuance B.V. have been tradable on Xetra since Thursday, Deutsche Börse just announced. The new ETCs expand BNP Paribas' product range by giving investors access to the performance of…
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The Securities and Exchange Commission (SEC) charged a former partner at an international law firm and his neighbor with making more than $1 million in illicit profits by insider trading around corporate announcements. The SEC alleges that Walter C. Little accessed confidential documents on his law firm’s internal computer network related to at least 11…
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The Malta Stock Exchange is to continue its use of Deutsche Börse trading technology. The two stock exchanges have extended their agreement retroactively from 1 January 2017, for another five years, until 31 December 2021. In this context, the Malta Stock Exchange has also extended its trading hours. Daily trading in a number of products…
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Bats, a CBOE Holdings, Inc. (NASDAQ:CBOE) company, welcomed new issuer Hartford Funds to the Bats ETF Marketplace with the launch of two funds. The Hartford Multifactor Low Volatility International Equity ETF (Bats: LVIN) seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an index that tracks the…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Clayton Wealth Advisory/ Clayton Worth Advisory / Clayton Wells. Clayton Wealth Advisory/ Clayton Worth Advisory / Clayton Wells is not authorised by the FCA but has…
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Next step in an ongoing program to protect investors The Financial Industry Regulatory Authority (FINRA) Board of Governors approved the next step in FINRA's ongoing initiative to strengthen controls on brokers with a history of significant past misconduct and to ensure greater accountability for firms that choose to employ high-risk brokers. FINRA soon plans to…
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The Board of Directors of TMX Group Limited (TSX: X) declared a dividend of $0.50 on each common share outstanding, an increase in $0.05 or 11%, from the previous $0.45 per common share. This dividend is payable on June 9, 2017 to shareholders of record at the close of business on May 26, 2017. We…
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Deutsche Börse Venture Network announced that is expanding its offering and opening up for early stage start-ups in the early stage that have already closed an initial seed financing round and meet the necessary criteria. The platform, which currently brings together more than 130 businesses and more than 240 investors, has previously only accepted start-ups…
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As part of the reform of its markets in financial instruments directive, on 7 April 2016 the European Commission adopted a delegated directive that sets out provisions on the safeguarding of financial instruments and funds, product governance and inducements. Ahead of the directive’s transposition into the General Regulation, the Autorité des Marchés Financiers (AMF) has…
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