Securities / Derivatives

Securities / Derivatives

JPX to Launch Index of Stocks that Focus on Value Creation

By Editors | 03/04/2023

The index will comprise 150 Prime Market companies that are expected to create value based on financial performance or market valuation.

Crypto / Digital Assets

US Futures SRO Issues New Rule for Crypto Activities

By Editors | 03/04/2023

The compliance rule covers anti-fraud, just and equitable principles of trade, disclosure, and supervision requirements for spot bitcoin and ether trading.

Securities / Derivatives

Citadel Seeking Licence to Relaunch Japan Hedge Fund Office

By Editors | 03/04/2023

Citadel shut down its Japan operations during the 2008 GFC, but is seeking to reopen in Tokyo by the end of the year.

Enforcement

US SEC Charges Two Over SPAC Insider Trading Scheme

By Sanday Chongo Kabange | 02/04/2023

The duo used non-public information in advance of at least 7 merger announcements involving SPACs to earn illicit profits of more than $3.4mn.

Enforcement

US Court Dismisses Archegos-related Lawsuit Against Banks

By Editors | 01/04/2023

The judge ruled that Goldman Sachs and Morgan Stanley were not liable to investors for selling stocks they knew Archegos would be forced to sell.

Crypto / Digital Assets

Mirae Asset, SK Telecom to Collaborate on Security Token Business

By Editors | 01/04/2023

Mirae Asset Securities and SK Telecom formed a consortium to collaborate on creating a business ecosystem for security tokens.

Securities / Derivatives

CSRC Chairman Meets With Foreign Financial Institutions

By Editors | 31/03/2023

CSRC chairman Yi Huiman encouraged the heads of several global financial institutions to expand their operations and investments in China.

Market Infrastructure

Rules Proposed to Adopt T+1 in US Muni Bond Market

By Editors | 31/03/2023

US equities and corporate bond markets will move to T+1 on 28 May 2024. The same implementation date is proposed for municipal securities.

Crypto / Digital Assets

IOSCO Issues Final Guidance on Mitigating Risks to Retail Investors

By Manesh Samtani | 31/03/2023

IOSCO offers a comprehensive toolkit of measures for regulators to consider when addressing crypto scams, greenwashing and other forms of retail misconduct.