The SEC issued awards totaling almost $5.3 million to four whistleblowers for providing original information that led to two separate successful enforcement actions.
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21975 News Results
A firm settled NYSE American charges for (i) preemptively crossing an order that enabled the firm to circumvent competition from on-floor market makers and (ii) adjusting a trade to an inferior price for a customer without prior customer agreement.
An FDIC revised statement of policy regarding minority depository institutions that "updates, strengthens and clarifies" existing policies was published in the Federal Register.
The CFTC Market Participants Division clarified certain requirements applicable to swap dealers using models to calculate certain aspects of the CFTC capital requirements.
SEC Commissioner Elad L. Roisman raised questions as to "materiality" in the context of the agency's legislative mandate, the lack of SEC expertise in environmental, social and governance matters, and the potential of a third-party standard setter in the development of an ESG disclosure framework.