Nasdaq

Trading & Investment

US SEC Adopts Market Reforms, Including Lower Tick Sizes

By Editors | 21/09/2024

SEC Chair Gary Gensler said the reforms will help promote greater transparency, competition, fairness, and efficiency in the equity market.

Market Abuse

FINRA Fines BofA & Merrill Lynch $3m for Surveillance Failures

By Nithya Subramanian | 04/09/2024

FINRA said the parameters of the surveillance systems were set too narrowly, leading to failures to detect potentially manipulative trading.

Cryptocurrency

Nasdaq Seeks Regulatory Approval to Launch Bitcoin Options

By Editors | 31/08/2024

Nasdaq said the options will enable investors to hedge their cryptocurrency investments. NYSE also applied for a similar approval earlier this year.

Supervision & Enforcement

CFTC Penalises Nasdaq Futures Over False Disclosures

By Editors | 30/08/2024

Nasdaq Futures, which operated an energy commodity futures market from 2015-2018, did not fully disclose details of an incentive programme.

Fraud, Scams & Cybercrime

US SEC Charges Chinese Asset Manager and CEO with Fraud

By Nithya Subramanian | 29/08/2024

The SEC accused QZ Asset Management, QZ Global, and CEO Blake Yeung of using false claims about their investments to defraud investors.

Trading & Investment

Shenzhen, Dubai Sign MOU on Capital Markets Cooperation

By Editors | 16/08/2024

Under the MOU, SZSE and DFM will explore the potential for future dual listings and ETF connectivity between the two markets.

PEPs & Sanctions

US to Remove Chinese Laser Sensor Maker from Blacklist

By Editors | 14/08/2024

The Department of Defence has reportedly decided to remove Hesai Technology Co Ltd from its blacklist of Chinese military-affiliated companies.

Cryptocurrency

US Exchanges Commence Trading in First Spot Ether ETFs

By Editors | 24/07/2024

Nine ETFs saw $1.07bn worth of shares traded on the first day, resulting in net inflows of around $106.7mn.

Cybersecurity

Global IT Outage: ‘Significant Number’ of Affected Devices Back Online

By Manesh Samtani | 22/07/2024

NAB, CBA, SGX, LSE, Amex, Barclays, Macquarie Capital, and TD Bank were among those impacted, along with some Indian and Philippine banks.