The Hong Kong Securities and Futures Commission (SFC) and the Autorité des Marchés Financiers (AMF) announced that have signed a Memorandum of Understanding (MoU) on France-Hong Kong Mutual Recognition of Funds (MRF), which will allow eligible Hong Kong public funds and French UCITS funds to be distributed to retail investors in each other’s market through…
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The Cyprus Securities and Exchange Commission (CySEC) has today announced a series of financial penalties on the directors of Falcon Brokers Limited, and has banned all key persons of the Company from exercising professional activity related to the financial sector for a number of years. This decision marks the conclusion of CySEC’s eighteen-month investigation into…
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With the Hamburg-based fintech, The NAGA Group AG, the first company from the Deutsche Börse Venture Network has been listed in the SME segment Scale on the Frankfurt Stock Exchange. The issue volume of the IPO was €2.51 million. The first price was €3.60, the issue price €2.60. The IPO was accompanied by Hauck &…
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Bats, a CBOE Holdings Inc. (NASDAQ: CBOE) company, and a market for exchange-traded products (ETP) trading globally, announced that has welcomed a new iShares ETF to the Bats ETF Marketplace. The iShares Russell 2500 ETF (Bats: SMMD) seeks to track the investment results of an index composed of mid- and smallcapitalization U.S. equities. Year-to-date, Bats…
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CBOE Holdings, Inc. (NASDAQ: CBOE) announced it plans to list options on Blue Apron Holdings, Inc. (APRN), a meal-kit delivery service. CBOE Holdings anticipates trading in options on Blue Apron will begin on Monday, July 10, at Chicago Board Options Exchange (CBOE) and C2 Options Exchange (C2), once the underlying stock has been certified as…
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Singapore Exchange (SGX) announced the re-designation of Professor Hans Tjio as the Deputy Chairman of the Listings Advisory Committee (LAC) and the appointment of Mr Goh Kian Hwee as a member of the LAC with effect from 5 July 2017. The appointments are made in consultation with the Monetary Authority of Singapore. Professor Tjio who…
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The U.S. Commodity Futures Trading Commission (CFTC) announced that it has issued an Order of Registration to LedgerX LLC, granting it registration status with the CFTC as a Swap Execution Facility (SEF). LedgerX is a limited liability company registered in Delaware with its primary place of business in New York, NY. CFTC has approved the…
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The International Organization of Securities Commissions (IOSCO) has published today the consultation paper titled Recommendations of Liquidity Risk Management for Collective Investment Schemes, which seeks to address structural vulnerabilities arising from asset management activities, as part of its mission to protect investors and mitigate systemic risk in global financial markets. IOSCO also published today another…
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The European Securities and Markets Authority (ESMA) has issued a public consultation regarding its future technical advice to the European Commission (EC) on the Short-Selling Regulation (SSR). ESMA publishes this consultation paper to seek the views of market participants on the three main elements of its advice to the EC: the scope and functioning of…
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An ASIC investigation of a number of advice licensees within the National Australia Bank Group (NAB Group), for failing to disclose relationships between advisers, advice licensees, and other members of the NAB Group that issue investment products, has resulted in corrective disclosure being made to customers. The non-disclosure occurred when customers were advised to acquire…
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