SECURITIES / DERIVATIVES

Enforcement

Australian Man Pleads Guilty to Pump and Dump Scheme

By Editors | 08/06/2022

The man, Gabriel Govinda, will be the first to be convicted in Australia over a social media pump-and-dump scheme.

ESG / Sustainability

CFTC Consults on Climate Impacts to Derivatives, Commodities

By Editors | 07/06/2022

The CFTC may use the information collected to inform actions such as the issuance of new or amended guidance, interpretations, policy statements, or regulations.

ESG / Sustainability

TWSE Launches New ESG Disclosure Platform

By Editors | 07/06/2022

Listed companies are required to disclose the relevant information, or explain why they cannot, within six months of the end of each fiscal year.

Securities / Derivatives

LME Hit with Lawsuits Over Nickel Trade Cancellations

By Editors | 07/06/2022

Judicial review claims from Elliott Associates and Jane Street Global Trading challenge LME’s decisions to cancel nickel trades in March.

Securities / Derivatives

ASIC Announces Updated Financial Reporting Rules for AFS Licensees

By Editors | 07/06/2022

AFS licensees’ financial reports must contain disclosures consistent with the financial reports of other for-profit entities, prepared under AASB standards.

Market Infrastructure

ASX Finalises Changes to Issuer Services Fee Model

By Editors | 06/06/2022

The changes will take effect from 1 July and result in a “substantially simpler, clearer and more predictable” fee model, ASX says.

Big Picture

Regulation the ‘Clinching Factor’ in Driving Sell-side Transformation

By Manesh Samtani | 05/06/2022

New research from the ValueExchange sheds light on the role legacy technology plays in the future growth of sell-side firms.

Securities / Derivatives

Dhaka Bourse to Launch First ETFs in Three Months

By Editors | 05/06/2022

BSEC has given consent to allow ETFs to launch in Bangladesh’s capital market. The minimum size of an ETF will be set at $5.6mn.

Securities / Derivatives

Foreign Firms Express Concern Over CSRC Cybersecurity Rules

By Editors | 05/06/2022

Financial firms are reportedly concerned that proposed new rules on cybersecurity could make them vulnerable to hackers and present sector-wide risks.