On 12 November 2021, RUS NFA considered terms for external consultants. RUS NFA group members considered options for choosing a consultant for the audit of legislation and a law firm for adapting documentation, writing model agreement terms. Benefits from introducing this product are: abandoning pseudo-loan transactions – repo transactions with a small rate and a […]
On 11 November 2021, AST ASIC released a report highlighting the key issues that arose out of the submissions received on consultation paper 319 securities lending by agents and substantial shareholding disclosure (CP 319) and details ASIC’s responses. It also covers the targeted consultation on the remake of class order [CO 11/272] substantial shareholding disclosure: […]
Users from around the globe “zoomed” in for Solutions Atlantic’s Eighth Annual Regulatory Reporting System User Group meeting. While these meetings have been traditionally in person, this year’s meeting was moved online due to the Covid-19 Omicron variant concerns; although that did not hinder a record number of participants tuning in to get a glimpse […]
On 12 November 2021, Rulefinder provided warning to an upcoming short selling ban affecting two issuers in S Korea effective on 15 November.
On 10 November 2021, FINRA published short selling reporting dates for 2022.
On 8 November 2021, CFTC, fined CPO for failure to disclose trade position limits. CFTC announced charges against United States Commodity Funds LLC for failing to fully disclose information relating to trading limitations to commodity pool participants. SEC settled a parallel action on US Commodity Funds, and US Oil Fund. US Commodity Funds, USO agreed […]