SEC charges FiveT Capital with violation of trading rule 28 November 2024 US Reporter: Daniel Tison Switzerland-based investment adviser violated Rule 105 by buying stock for clients after selling short the same stock during a restricted period
Edaa CEO Advisor Tranquillini departs 28 November 2024 Saudi Arabia Reporter: Jack McRae He has held the position at Edaa for two-and-a-half years and describes his time as “a tremendous human journey as well as an enriching professional experience"
SIX selects Sibbern as new CEO 28 November 2024 Switzerland Reporter: Daniel Tison Originally from Denmark, Bjørn Sibbern has more than two decades of experience in capital markets
FINRA proposes admin and subscription fees for SLATE 27 November 2024 US Reporter: Daniel Tison If approved, the proposed Rule 7720 will introduce fees for reporting securities loans, alongside tailored subscription fees
Citigroup Bank establishes regional headquarters in Riyadh 27 November 2024 Saudi Arabia Reporter: Jack McRae New regulations require firms to establish their regional base in the nation or risk losing access to lucrative government contracts
ASX reveals CHESS Release 2 implementation plans 26 November 2024 Australia Reporter: Daniel Tison The Australian Securities Exchange plans to implement the new settlement and sub-register services in 2029, with project costs up to AU$320 million
BNY introduces CollateralOne for buy side offering 26 November 2024 US Reporter: Daniel Tison By connecting its LendingLite service with the CollateralOne for buy side platform, BNY aims to help clients generate incremental revenue from lending
Regnology acquires VERMEG’s regulatory reporting business 25 November 2024 Germany Reporter: Daniel Tison The AGILE solution, currently supporting more than 150 international banks, will be integrated into the Regnology platform
CFTC recommends expansion of non-cash collateral through DLT 25 November 2024 US Reporter: Daniel Tison The recommendation, providing a legal and regulatory framework for market participants, was approved without objection
TD Securities forms markets prime services leadership team 25 November 2024 US Reporter: Carmella Haswell The team will consist of Ron Chin, Michael McBrien, and Matt Popkin, who will take on their new responsibilities in addition to their current roles
Cboe Clear Europe secures regulatory approval to launch SFT clearing 25 November 2024 Europe Reporter: Carmella Haswell The pan-European clearing house is set to introduce a “first-of-its-kind” service for European SFT transactions in cash equities and ETFs
US court vacates SEC Dealer Rule 22 November 2024 US Reporter: Daniel Tison On the grounds that it exceeds the regulator’s statutory authority, a district court in Texas decided to vacate the final rule entirely
