Commodity Futures Trading Commission

New Fidelity® Hedged Equity Fund Expands Fidelity’s Liquid Alts Lineup for Investors and Advisors

Retrieved on: 
Thursday, September 8, 2022
Professional Services, Finance, Bitcoin, Alternative investment, Technology, Prospectus, Program, Research, Time, Smart contract, Solution, Investment, Commodity, Bangladesh Securities and Exchange Commission, National Futures Association, Fund, S&P, Commodity Futures Trading Commission, Education, Fidelity Investments, FDS, Investment Company Act of 1940, PAS, FMR, Leadership, Fidelity, Risk, Real estate investment trust, Growth, U.S. Securities and Exchange Commission, Financial adviser, Financial services

Fidelity Investments today announced the expansion of its alternative investments (alts) product lineup with the launch of Fidelity Hedged Equity Fund ( FEQHX ).

Key Points: 
  • Fidelity Investments today announced the expansion of its alternative investments (alts) product lineup with the launch of Fidelity Hedged Equity Fund ( FEQHX ).
  • Additionally, Fidelity Macro Opportunities Fund ( FAQAX ) and Fidelity Risk Parity Fund ( FAPSX ), which recently launched for financial advisors, are now available to retail investors.
  • The three alts funds are available today for individual investors and advisors to purchase commission-free through Fidelitys online brokerage platforms.
  • The principal investment strategy of Fidelity Hedged Equity Fund is as follows: Fidelity Hedged Equity seeks capital appreciation by normally investing at least 80% of its assets in equity securities.

ErisX Announces Settlement Service for Over-The-Counter Crypto Transactions

Retrieved on: 
Wednesday, September 7, 2022
Technology, OTC, DCM, DCO, Cboe Global Markets, Solution, Commodity Futures Trading Commission, Financial services, FX, API, CBOE, New York State Department of Financial Services, CFTC, LLC, Risk, Chicago, Spot market, Smart contract, Cryptocurrency, Security (finance)

CHICAGO, Sept. 7, 2022 /PRNewswire/ -- ErisX, a Cboe Global Markets company, today announced it has introduced the ErisX Settlement Service, a new solution designed to help remove settlement risk for over-the-counter (OTC) crypto transactions.

Key Points: 
  • CHICAGO, Sept. 7, 2022 /PRNewswire/ -- ErisX, a Cboe Global Markets company, today announced it has introduced the ErisX Settlement Service, a new solution designed to help remove settlement risk for over-the-counter (OTC) crypto transactions.
  • The ErisX Settlement Service can be accessed via standardized API or ErisX's fully integrated Trading User Interface.
  • Our newly launched ErisX Settlement Service responds to customer demand for a solution that helps remove settlement risk while also reducing the operational burden for OTC trading," said Matthew Trudeau, Chief Operating Officer of ErisX.
  • ErisX, Eris Exchange, and the ErisX and Eris Exchange logos are trademarks of the Eris Exchange group of companies.

Katten Partner, Former CFTC GC Daniel Davis Named Crypto Trailblazer

Retrieved on: 
Tuesday, September 6, 2022
Crypto, Trailblazer, Corporation, The National Law Journal, Series, Technology, Program, Review, Regulation, Government, Smart contract, General counsel, Market share, Intellectual property, Real estate, Health care, Securities Litigation Uniform Standards Act, Commodity Futures Trading Commission, Innovation, Private law, Organization, CFTC, Corporate law, ALM, The American Lawyer, Growth, Industry, Employment, Cryptocurrency, Katten

Before joining Katten, Davis served for four years as General Counsel at the Commodity Futures Trading Commission (CFTC), heading the agency's 65-person Office of the General Counsel.

Key Points: 
  • Before joining Katten, Davis served for four years as General Counsel at the Commodity Futures Trading Commission (CFTC), heading the agency's 65-person Office of the General Counsel.
  • At Katten, Davis co-hosts the "Crypto with Katten" series, which recently presented "Summer 2022: The Winter of (Crypto's) Discontent A Review of Current Legal and Regulatory Developments."
  • Davis is the 14th Katten partner over the past four years to be named an ALM Trailblazer.
  • Katten represents public and private companies in numerous industries, as well as a number of government and nonprofit organizations and individuals.

Former CFTC Commissioner Jill Sommers joins FTX US Derivatives Board

Retrieved on: 
Thursday, September 1, 2022
Chicago, ISDA, Chicago Mercantile Exchange, Ethics & Compliance Initiative, Commodity Futures Trading Commission, Ethics, Everybody Wins, Board, International Swaps and Derivatives Association, Senate, United, CFTC, Board of directors, Company, Regulatory affairs, News, Gemini (company), Senior advisor, Ecosystem, Industry, Contract, Smart contract, Cryptocurrency

CHICAGO, Sept. 1, 2022 /PRNewswire/ -- FTX US Derivatives ("the Company"), a Commodity Futures Trading Commission (CFTC) regulated digital asset futures & options exchange and clearinghouse, today announced former CFTC Commissioner, Jill Sommers, has joined the Company's Board of Directors.

Key Points: 
  • CHICAGO, Sept. 1, 2022 /PRNewswire/ -- FTX US Derivatives ("the Company"), a Commodity Futures Trading Commission (CFTC) regulated digital asset futures & options exchange and clearinghouse, today announced former CFTC Commissioner, Jill Sommers, has joined the Company's Board of Directors.
  • The Honorable Jill Sommers commented on today's news, "I am honored to be joining the FTX US Derivatives Board of Directors to advance the mission of reshaping market structure in the United States.
  • I'm excited to join the board as we continue working closely with regulators to further establish FTX US Derivatives as the premier regulated crypto derivatives trading platform.
  • FTX US Derivatives is a digital currency futures and options exchange and clearinghouse regulated by the US Commodity Futures Trading Commission (CFTC).

Cboe Global Markets Announces Planned Equity Partners for Cboe Digital Business

Retrieved on: 
Thursday, August 25, 2022
Crypto, Technology, Spot market, DCM, DCO, Digital, GSR, Cboe Global Markets, Solution, Commodity Futures Trading Commission, Financial services, Ownership, FX, DNA, CBOE, New York State Department of Financial Services, Virtu Financial, CFTC, Compliance, LLC, Galaxy Digital, DRW, Growth, Interactive Brokers, Smart contract, Webull, Security (finance), Public relations, Cryptocurrency, IMC

Equity partners expected to receive minority ownership stake, join roster of planned commercial partner firms committed to development of ErisX and Cboe Digital markets

Key Points: 
  • Equity partners expected to receive minority ownership stake, join roster of planned commercial partner firms committed to development of ErisX and Cboe Digital markets
    CHICAGO, Aug. 25, 2022 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), a leading provider of global market infrastructure and tradable products, announced the initial group of firms that intend to become equity investors in the Cboe Digital business.
  • The soon to be formalized group of equity partners join a roster of planned commercial partner firms supporting the ErisX business, which is expected to be renamed Cboe Digital, including Fidelity Digital AssetsSM, Galaxy Digital, NYDIG and Webull among others.
  • As part of its operation of ErisX and the Cboe Digital business, Cboe plans to form a Digital Advisory Committee comprised of a cross-section of equity and commercial partner firms.
  • ErisX operates as a subsidiary of Cboe Global Markets and serves as the cornerstone of the new Cboe Digital business.

Cboe Global Markets Announces Planned Equity Partners for Cboe Digital Business

Retrieved on: 
Thursday, August 25, 2022
Crypto, Technology, Spot market, DCM, DCO, Digital, GSR, Cboe Global Markets, Solution, Commodity Futures Trading Commission, Financial services, Ownership, FX, DNA, CBOE, New York State Department of Financial Services, Virtu Financial, CFTC, Compliance, LLC, Galaxy Digital, DRW, Growth, Interactive Brokers, Smart contract, Webull, Security (finance), Public relations, Cryptocurrency, IMC

Equity partners expected to receive minority ownership stake, join roster of planned commercial partner firms committed to development of ErisX and Cboe Digital markets

Key Points: 
  • Equity partners expected to receive minority ownership stake, join roster of planned commercial partner firms committed to development of ErisX and Cboe Digital markets
    CHICAGO, Aug. 25, 2022 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), a leading provider of global market infrastructure and tradable products, announced the initial group of firms that intend to become equity investors in the Cboe Digital business.
  • The soon to be formalized group of equity partners join a roster of planned commercial partner firms supporting the ErisX business, which is expected to be renamed Cboe Digital, including Fidelity Digital AssetsSM, Galaxy Digital, NYDIG and Webull among others.
  • As part of its operation of ErisX and the Cboe Digital business, Cboe plans to form a Digital Advisory Committee comprised of a cross-section of equity and commercial partner firms.
  • ErisX operates as a subsidiary of Cboe Global Markets and serves as the cornerstone of the new Cboe Digital business.

Miami International Holdings and T3 Index Announce Launch of ConvexityShares ETFs Offering Exposure to SPIKES Volatility Index

Retrieved on: 
Tuesday, August 16, 2022
Emerald, ETF, U.S. Securities and Exchange Commission, MIH, CFTC, CEO, Fund, Ecosystem, SEC, Bermuda Stock Exchange, United Nations Operation in Côte d'Ivoire, Security (finance), Investment Company Act of 1940, Prospectus, Contract, NAV, Exchange, NYSE Arca, Sponsor, Minneapolis Grain Exchange, Smart contract, Multimedia, MGEX, Industry, Ownership, Private Securities Litigation Reform Act, Sale, DCO, Commodity Futures Trading Commission, Partnership, DCM, BSX, Person, Forward-looking statement, SPY, Wharf (Holdings) Ltd. v. United International Holdings, Inc., LLC, SPIKES, Ticker, Federal Deposit Insurance Corporation, Index, Trust, T3, SPDR, Lovell Minnick Partners, Funding, Company, FDIC, Insurance, Financial adviser, Public utility, Financial services, Online shopping, Life insurance, Share (finance)

The ConvexityShares ETFs include the ConvexityShares 1x SPIKES Futures ETF (Ticker: SPKX ) and the ConvexityShares Daily 1.5x SPIKES Futures ETF (Ticker: SPKY ).

Key Points: 
  • The ConvexityShares ETFs include the ConvexityShares 1x SPIKES Futures ETF (Ticker: SPKX ) and the ConvexityShares Daily 1.5x SPIKES Futures ETF (Ticker: SPKY ).
  • The SPIKES index is a measure of the expected 30-day volatility in SPY and the basis for SPIKES Volatility Products.
  • "In an increasingly volatile and complex market, the launch of ConvexityShares ETFs provides more choice and opportunity in how traders hedge volatility," said Simon Ho, CEO of T3 Index.
  • "Both the SPIKES Volatility Index and the SPIKES Futures Short-Term Index seek to offer new indexes that are reliable, accurate and an alternative to what's currently available for volatility traders."

Miami International Holdings and T3 Index Announce Launch of ConvexityShares ETFs Offering Exposure to SPIKES Volatility Index

Retrieved on: 
Tuesday, August 16, 2022
Emerald, ETF, U.S. Securities and Exchange Commission, MIH, CFTC, CEO, Fund, Ecosystem, SEC, Bermuda Stock Exchange, United Nations Operation in Côte d'Ivoire, Security (finance), Investment Company Act of 1940, Prospectus, Contract, NAV, Exchange, NYSE Arca, Sponsor, Minneapolis Grain Exchange, Smart contract, MGEX, Industry, Ownership, Private Securities Litigation Reform Act, Sale, DCO, Commodity Futures Trading Commission, Partnership, DCM, BSX, Person, Forward-looking statement, SPY, Wharf (Holdings) Ltd. v. United International Holdings, Inc., LLC, SPIKES, Ticker, Federal Deposit Insurance Corporation, Index, Trust, T3, SPDR, Lovell Minnick Partners, Funding, Company, FDIC, Insurance, Financial adviser, Public utility, Financial services, Life insurance, Share (finance)

The ConvexityShares ETFs include the ConvexityShares 1x SPIKES Futures ETF (Ticker: SPKX ) and the ConvexityShares Daily 1.5x SPIKES Futures ETF (Ticker: SPKY ).

Key Points: 
  • The ConvexityShares ETFs include the ConvexityShares 1x SPIKES Futures ETF (Ticker: SPKX ) and the ConvexityShares Daily 1.5x SPIKES Futures ETF (Ticker: SPKY ).
  • The SPIKES index is a measure of the expected 30-day volatility in SPY and the basis for SPIKES Volatility Products.
  • "In an increasingly volatile and complex market, the launch of ConvexityShares ETFs provides more choice and opportunity in how traders hedge volatility," said Simon Ho, CEO of T3 Index.
  • "Both the SPIKES Volatility Index and the SPIKES Futures Short-Term Index seek to offer new indexes that are reliable, accurate and an alternative to what's currently available for volatility traders."

Former CFTC Commissioner, Dawn Stump, Joins Solidus Labs as Strategic Advisor

Retrieved on: 
Tuesday, August 16, 2022
Legal, Human Resources, Cryptocurrency, Finance, Consulting, Banking, Accounting, Professional Services, Crypto, Futures Industry Association, Stump, Association, Intelligence, CFTC, Industry, CEO, Technology, SEC, Policy, Commissioner, Darknet market, Solidus, Decentralized finance, Commodity Futures Trading Commission, Executive, Solution, Time, Publishing, Smart contract, Former, Cryptocurrency

Solidus Labs , the leading crypto-native market integrity and risk monitoring firm, announced that it has appointed Dawn Stump, former Commissioner of the Commodity Futures Trading Commission (CFTC), as a strategic advisor to the company.

Key Points: 
  • Solidus Labs , the leading crypto-native market integrity and risk monitoring firm, announced that it has appointed Dawn Stump, former Commissioner of the Commodity Futures Trading Commission (CFTC), as a strategic advisor to the company.
  • Dawn has demonstrated a profound commitment to improving consumer protection and clear and smart regulatory policy for the digital asset space.
  • Crypto continues to drive the evolution of financial regulation and Dawn demonstrated a deft ability to address this new frontier during her time with the CFTC.
  • Solidus Labs is the category-definer for crypto-native triple T (T3) market integrity solutions - trade surveillance, transaction monitoring, and threat intelligence.

SEC Proposes to Enhance Private Fund Reporting

Retrieved on: 
Wednesday, August 10, 2022
U.S. Securities and Exchange Commission, CFTC, Industry, Form, Growth, SEC, Security (finance), Federal Register, Private, Commodity Futures Trading Commission, Processor register, Finance, Adviser, Financial Stability Oversight Council, FSOC, Smart contract, External commercial borrowing, Financial adviser, Financial services

"In the decade since the SEC and CFTC jointly adopted Form PF, regulators have gained vital insight with respect to private funds.

Key Points: 
  • "In the decade since the SEC and CFTC jointly adopted Form PF, regulators have gained vital insight with respect to private funds.
  • Since then, though, the private fund industry has grown in gross asset value by nearly 150 percent and evolved in terms of its business practices, complexity, and investment strategies," said SEC Chair Gary Gensler.
  • Enhance Reporting by Large Hedge Fund Advisers on Qualifying Hedge Funds.
  • Enhance Reporting on Basic Information About Advisers and the Private Funds They Advise.