The US Securities and Exchange Commission (SEC) announced a whistleblower award to an anonymous overseas foreign national of half a million dollars. The SEC has reported more than USD2 billion in monetary sanctions from recent actions brought by whistleblowers, and
Revista Systems has added new functionality to its recently launched Revista CCM solution, including enhanced transaction communication audit and scrutiny capabilities, and improved performance management monitoring. Revista designs specialist solutions to support the unique communications needs of the global financial
Vistra, a global trust, fund administration and corporate services provider, has launched its Economic Substance Services and Solutions, starting with the British Virgin Islands (BVI) Economic Substance Classification Questionnaire designed to help clients determine the classification of their BVI company
BGC Partners, a global brokerage company servicing the financial and real estate markets, has selected Bloomberg Entity Exchange to help the clients of its EU regulated entities adhere to MiFID II client repapering and rulebook disclosure rules (BGC). BGC has
The Exchange Council European Energy Exchange (EEX) has approved and confirmed all necessary changes to a number of rules and regulations to ensure that the Exchange is fully compliant and prepared for the introduction of MiFID II, which comes into
Commcise, a buy-side focused commission management, research valuation and research accounting platform, and RSRCHXchange, an aggregator and marketplace for institutional research, have teamed up to deliver an integrated research solution to support the research consumption, valuation and accounting data requirements
Ultimus Fund Solutions, one of the largest independent providers of mutual fund, pooled investment and middle office services, has launched uComply, a portfolio compliance application . An internally developed app, uComply helps fund managers monitor investment portfolios against federal regulations and
A subset of structured products traded on the fixed income markets of Nasdaq Helsinki and Nasdaq Stockholm in Genium INET have been classified as securitised derivatives in accordance with MiFIR and MiFID II. The products in question are leverage certificates
The Commodity Futures Trading Commission (CFTC) has approved for publication a proposed exemptive order that would permit derivatives clearing organisations ICE Clear Credit LLC, ICE Clear US, Inc., and ICE Clear Europe Limited (ICE DCOs) to invest, subject to certain
The Commodity Futures Trading Commission (CFTC) has issued an Order filing and settling charges against Swapnil Rege, a former portfolio manager for a Connecticut-based hedge fund registered as a commodity pool operator (CPO), for fraudulently mis-marking swap valuations to artificially inflate
