CFTC

The Small Exchange Introduces the First Crypto Stock Index Empowering Investors to Trade the Stocks Behind Crypto

Monday, September 27, 2021 - 2:52pm

The Small Exchange a revolutionary futures exchange offering smaller, simpler products aimed toward retail customers, today announced another first and product innovation with the launch of the Small Cryptocurrency Stock Index (SCCX)*.

Key Points: 
  • The Small Exchange a revolutionary futures exchange offering smaller, simpler products aimed toward retail customers, today announced another first and product innovation with the launch of the Small Cryptocurrency Stock Index (SCCX)*.
  • SCCX is a way for investors to participate in crypto derivatives without investing in stablecoins and the limited trading capabilities the unregistered crypto markets provide.
  • The Small Exchange continues to believe the future of trading should focus on low-cost, standard futures products that will open market opportunities for small traders.
  • About Small Exchange: Based in Chicago, the Small Exchange - backed by award-winning industry innovators and powered by a proprietary trade matching engine - is a registered Designated Contract Market (DCM) with the Commodity Futures Trading Commission (CFTC).

Why Some Mining Experts See Gold Reaching $2,050 To $2,250

Tuesday, September 21, 2021 - 1:50pm

PALM BEACH,  Fla., Sept. 21, 2021 /PRNewswire/ -- FinancialNewsMedia.com News Commentary - Experts who follow Gold see more room for it to rise in both the short and long terms. First it was the pandemic that helped push its prices to all-time highs, and in the near future it may well be inflation that keeps it increasing. Gold, after a record year, is bound to see more gains in the medium and long-term, according to the CPM's Gold Yearbook. The CPM Gold Yearbook 2021 contains definitive and detailed statistics and analysis on the international gold markets. The pandemic has changed the world, making some of the existing problems even worse and setting gold up to benefit, the CPM Group said. "While the pandemic will eventually pass, it has left the world changed and has in fact compounded and worsened some of the factors that are supportive of gold prices," the CPM Group said. The biggest drivers that will support gold as the world reopens include sovereign and private sector debts, deficits, and ultra-loose monetary policies.  An article in the Economic Times added that: "It continued: "After falling nearly 14 per cent in the first four months, assets of the world's largest gold-backed exchange-traded fund, SPDR Gold Trust, rose by nearly 30 tonnes in May, justifying the move in metal prices.".     Active stocks in the mining markets this week include Golden Independence Mining Corp. (OTCQB: GIDMF) (CSE: IGLD), Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX), Franco-Nevada Corporation (NYSE: FNV) (TSX: FNV), i-80 GOLD CORP. (OTCQX: IAUCF) (TSX: IAU), Newmont Corporation (NYSE: NEM) (TSX: NGT).

Key Points: 
  • Gold, after a record year, is bound to see more gains in the medium and long-term, according to the CPM's Gold Yearbook.
  • The CPM Gold Yearbook 2021 contains definitive and detailed statistics and analysis on the international gold markets.
  • Active stocks in the mining markets this week include Golden Independence Mining Corp. (OTCQB: GIDMF)(CSE: IGLD), Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX), Franco-NevadaCorporation (NYSE: FNV) (TSX: FNV), i-80 GOLD CORP.(OTCQX: IAUCF)(TSX: IAU), Newmont Corporation(NYSE: NEM) (TSX: NGT).
  • The reverse circulation program targeted the main oxide gold zone as well as the intrusive gold target.

Why Some Mining Experts See Gold Reaching $2,050 To $2,250

Tuesday, September 21, 2021 - 1:50pm

PALM BEACH,  Fla., Sept. 21, 2021 /PRNewswire/ -- FinancialNewsMedia.com News Commentary - Experts who follow Gold see more room for it to rise in both the short and long terms. First it was the pandemic that helped push its prices to all-time highs, and in the near future it may well be inflation that keeps it increasing. Gold, after a record year, is bound to see more gains in the medium and long-term, according to the CPM's Gold Yearbook. The CPM Gold Yearbook 2021 contains definitive and detailed statistics and analysis on the international gold markets. The pandemic has changed the world, making some of the existing problems even worse and setting gold up to benefit, the CPM Group said. "While the pandemic will eventually pass, it has left the world changed and has in fact compounded and worsened some of the factors that are supportive of gold prices," the CPM Group said. The biggest drivers that will support gold as the world reopens include sovereign and private sector debts, deficits, and ultra-loose monetary policies.  An article in the Economic Times added that: "It continued: "After falling nearly 14 per cent in the first four months, assets of the world's largest gold-backed exchange-traded fund, SPDR Gold Trust, rose by nearly 30 tonnes in May, justifying the move in metal prices.".     Active stocks in the mining markets this week include Golden Independence Mining Corp. (OTCQB: GIDMF) (CSE: IGLD), Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX), Franco-Nevada Corporation (NYSE: FNV) (TSX: FNV), i-80 GOLD CORP. (OTCQX: IAUCF) (TSX: IAU), Newmont Corporation (NYSE: NEM) (TSX: NGT).

Key Points: 
  • Gold, after a record year, is bound to see more gains in the medium and long-term, according to the CPM's Gold Yearbook.
  • The CPM Gold Yearbook 2021 contains definitive and detailed statistics and analysis on the international gold markets.
  • Active stocks in the mining markets this week include Golden Independence Mining Corp. (OTCQB: GIDMF)(CSE: IGLD), Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX), Franco-NevadaCorporation (NYSE: FNV) (TSX: FNV), i-80 GOLD CORP.(OTCQX: IAUCF)(TSX: IAU), Newmont Corporation(NYSE: NEM) (TSX: NGT).
  • The reverse circulation program targeted the main oxide gold zone as well as the intrusive gold target.

Bermuda Stock Exchange Begins Publishing MIAX Pearl Equities Market Data to the Pyth Network

Tuesday, September 21, 2021 - 1:00pm

MIAX Pearl Equities market data is among the first U.S. equities exchange market data provided to the Pyth Network and was first published to the Pyth Network on September 13, 2021.

Key Points: 
  • MIAX Pearl Equities market data is among the first U.S. equities exchange market data provided to the Pyth Network and was first published to the Pyth Network on September 13, 2021.
  • "BSX is delighted to begin publishing MIAX Pearl Equities market data to the Pyth Network and anticipates we will quickly expand the breadth of data we are publishing to the network," said Thomas P. Gallagher, Chairman of BSX and Chairman & CEO of MIAX.
  • The addition of MIAX Pearl Equities market data represents a critical inflection point for the Pyth Network as the availability of high fidelity market data from U.S. equities exchanges is unprecedented in DeFi."
  • MIAX's parent holding company, Miami International Holdings, Inc., owns Miami International Securities Exchange, LLC (MIAX), MIAX PEARL, LLC (MIAX Pearl), MIAX Emerald, LLC (MIAX Emerald), the Minneapolis Grain Exchange, LLC (MGEX), and the Bermuda Stock Exchange (BSX).

Constantine Cannon: U.S. Intervenes in Whistleblower Lawsuit Against Independent Health (IH) and Related Entities for Defrauding Medicare Advantage Program

Thursday, September 16, 2021 - 5:17pm

Independent Health is a Western New York-based Health Maintenance Organization that covers and provides hundreds of services to approximately 380,000 people across the country.

Key Points: 
  • Independent Health is a Western New York-based Health Maintenance Organization that covers and provides hundreds of services to approximately 380,000 people across the country.
  • Under Medicare Advantage (also known as Medicare "Part C"), Medicare beneficiaries have the option to receive health care coverage through private companies known as Medicare Advantage Organizations.
  • "This development is the latest in a flurry of recent activity around Medicare Advantage fraud, showing the government's commitment to the integrity of the Medicare Advantage program."
  • Constantine Cannon also represents whistleblower Kathy Ormsby in False Claims Act litigation against Sutter Health and its affiliates over similar claims of Medicare Advantage fraud.

OCC Adds Leaders from ABN AMRO and Cboe to Board of Directors

Wednesday, September 15, 2021 - 6:00pm

"Adding Mike and Rob to OCCs Board of Directors further strengthens our resiliency and our ability to ensure confidence in the financial markets," said Craig Donohue , OCC Executive Chairman.

Key Points: 
  • "Adding Mike and Rob to OCCs Board of Directors further strengthens our resiliency and our ability to ensure confidence in the financial markets," said Craig Donohue , OCC Executive Chairman.
  • As Chief Financial Officer for AACC, Nowak oversees day-to-day management of liquidity, capital, balance sheet and regulatory reporting.
  • Hocking leads the strategic vision for Cboe Global Markets derivatives ecosystem as Senior Vice President, Head of Multi-Asset Solutions and Derivatives Strategy.
  • OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms.

MIAX to Launch Suite of BRIXX™ Commercial Real Estate Futures on MGEX

Wednesday, September 15, 2021 - 4:30pm

BRIXX futures and options will provide investors with targeted exposure to the $16 trillion commercial real estate market, including the Residential, Retail, Office and Hospitality commercial real estate sectors.

Key Points: 
  • BRIXX futures and options will provide investors with targeted exposure to the $16 trillion commercial real estate market, including the Residential, Retail, Office and Hospitality commercial real estate sectors.
  • BRIXX CRE Indexes measure real-time real estate returns and are priced using real-time public market data aggregating over $750 billion in property values.
  • "We are pleased to launch the new BRIXX CRE futures, which are based on Advanced Fundamentals' suite of index products that measure real estate prices without the pricing lag associated with traditional CRE indexes," said Thomas P. Gallagher, Chairman of MGEX and Chairman & CEO of MIAX.
  • "These products provide professional real estate investors with an innovative tool that affords real time access and synthetic exposure to the physical real estate market."

MIAX to Launch Suite of BRIXX™ Commercial Real Estate Futures on MGEX

Wednesday, September 15, 2021 - 4:30pm

PRINCETON, N.J. and MINNEAPOLIS, Sept. 15, 2021 /PRNewswire/ -- MIAX, creator and operator of high-performance securities exchanges, products and services, will launch cash-settled futures contracts on BRIXX™ Commercial Real Estate (CRE) Indexes developed by Advanced Fundamentals.  The first contract to be listed will be the BRIXX Retail Index futures contract which is expected to begin trading on October 4, 2021.  Three additional BRIXX CRE Index futures are expected to be listed in the fourth quarter of 2021.  Cash-settled options on the BRIXX CRE Indexes will launch on MIAX, also targeted for fourth quarter of 2021. The launch of the futures and options contracts remain subject to regulatory approval.

Key Points: 
  • New Futures Contracts Provide Exposure to Four Commercial Real Estate Sectors; First Futures to Launch on October 4, 2021
    PRINCETON, N.J. and MINNEAPOLIS, Sept. 15, 2021 /PRNewswire/ --MIAX, creator and operator of high-performance securities exchanges, products and services, will launch cash-settled futures contracts on BRIXX Commercial Real Estate (CRE) Indexes developed by Advanced Fundamentals.
  • BRIXX futures and options will provide investors with targeted exposure to the $16 trillion commercial real estate market, including the Residential, Retail, Office and Hospitality commercial real estate sectors.
  • BRIXX CRE Indexes measure real-time real estate returns and are priced using real-time public market data aggregating over $750 billion in property values.
  • "These products provide professional real estate investors with an innovative tool that affords real time access and synthetic exposure to the physical real estate market."

17a-4 releases a new, versatile module of DataParser for another way to bring data into an archive

Tuesday, September 14, 2021 - 8:00am

DataParser is the leading independent compliance solution to bring third party data into any archive for retention.

Key Points: 
  • DataParser is the leading independent compliance solution to bring third party data into any archive for retention.
  • Other modules have been developed to be useful for several data types, such as the SQL, Azure Blob and now the new Email Relay module.
  • "Clients need to get their regulated data into an archive and managing these varied data sources can be a complicated process.
  • It's up to the client to get this data into their archive for retention, supervision and eDiscovery processes.

Ross Pazzol, Former Assistant General Counsel at CME, Joins Murphy & McGonigle

Monday, September 13, 2021 - 7:18pm

Mr. Pazzol joins from CME Group, where he served as Assistant General Counsel for the past five years.

Key Points: 
  • Mr. Pazzol joins from CME Group, where he served as Assistant General Counsel for the past five years.
  • "We're thrilled to have Ross join our growing Chicago office," said Harris Kay, Managing Partner of Murphy & McGonigle in Chicago.
  • "I am delighted to join the talented team at Murphy & McGonigle and to help grow the new Chicago office," said Mr. Pazzol.
  • Murphy & McGonigle operates in New York, Washington, DC, Virginia, Chicago and San Francisco.