Securities / Derivatives

Enforcement

Former Richmond Fed Official Pleads Guilty to Insider Trading

By Mark Johnston | 22/11/2024

The official used confidential information about FIs under Federal Reserve Bank of Richmond supervision to profit from stock trading.

Market Infrastructure

ASX Amends Position Reporting Framework, Operating Rules

By Editors | 21/11/2024

The changes aim to align terminology with global practice, clarify reporting requirements, and remove burdensome notification requirements.

Securities / Derivatives

Dalian Commodity Exchange Launches Log Futures, Options

By Editors | 21/11/2024

The new contracts are expected to facilitate more open and transparent log pricing and enhance China’s influence in the global timber industry.

Enforcement

US Court Sentences Archegos Founder to 18 Years in Jail

By Nithya Subramanian | 21/11/2024

Bill Hwang caused over $100bn in shareholder losses at companies in Archegos’ portfolio and $10bn in losses at banks that lent to the firm.

Securities / Derivatives

FSC Korea Amends Rules to Boost Competitiveness of Public Funds

By Mark Johnston | 21/11/2024

South Korea’s FSC has announced regulatory amendments aimed at enhancing the competitiveness of public funds while also enhancing investor protections.

Enforcement

Korea FSS to End Short-Selling Investigation by Year-End

By Nithya Subramanian | 20/11/2024

FSS Governor Lee Bok-hyun told Hong Kong institutional investors that the investigation into illegal short selling will be complete by year-end.

Enforcement

CSRC Takes Over Futures Firm for “Out-of-control Management”

By Editors | 20/11/2024

Hehe Futures Co Ltd is controlled by Lin Qiang, a fugitive tycoon who was arrested in Indonesia last month after fleeing China in August 2023.

Crypto / Digital Assets

Nasdaq Launches Options Trading on BlackRock’s Bitcoin ETF

By Editors | 20/11/2024

On the first day of trading, the options contract saw a record-breaking $1.9bn in notional exposure and drove Bitcoin to an all-time high.

Securities / Derivatives

IOSCO Unveils Roadmap to Enhance Retail Investor Online Safety

By Mark Johnston | 20/11/2024

IOSCO released three consultation reports as part of the first wave of the roadmap to retail investor online safety.