Securities / Derivatives

Securities / Derivatives

SEBI Modifies Dynamic Price Bands for Derivatives Scrips

By Ajoy K Das | 25/05/2024

SEBI modified a rule for adjustments to dynamic price bands for scrips in the derivatives segment.

Enforcement

HK: Insider Trading Prosecution May Prompt Hedge Fund Closure

By Editors | 24/05/2024

“It is in the best interests of our investors to return their capital in an orderly manner,” a Segantii spokesperson said.

Enforcement

CFTC Fines JPMorgan $200m Over Trade Surveillance Gaps

By Editors | 24/05/2024

Half of the penalty will be offset by resolutions made with the OCC and Federal Reserve Board in March.

Market Infrastructure

SIX and Korea Securities Depository Announce New MoU

By Mark Johnston | 23/05/2024

The collaboration, facilitated through SIX’s subsidiary SIX SIS, aims to enhance securities depository and settlement services.

Enforcement

US SEC Fines ICE for Late Notification of Cyber Intrusion

By Editors | 22/05/2024

Commissioners Hester Peirce and Mark Uyeda said the $10mn penalty was “disproportionately large” and creates a “counter-productive dynamic” with regulated entities.

Market Infrastructure

FSB Considers Ways to Enhance Resilience of CP and CD Markets

By Editors | 22/05/2024

CP and CD markets feature limited secondary market activity due to the buy-and-hold nature of these instruments, the FSB says.

Enforcement

UK Regulators Fine Citi Over Trader’s Mistake, Control Failings

By Editors | 22/05/2024

A trader inadvertently placed sell orders worth $444bn instead of $58 million. Citi’s electronic trading system generated additional erroneous orders.

Securities / Derivatives

Korea: FSS Head Considers Partial Lifting of Short Selling Ban

By Editors | 22/05/2024

FSS Governor Lee Bok-hyun said he personally wishes to allow short selling practices in June, at least partially.

Securities / Derivatives

DTCC Completes Blockchain Pilot for Mutual Fund Data

By Editors | 22/05/2024

The pilot explored the feasibility of delivering NAV data for mutual funds across different blockchain networks.