Hong Kong SFC Bans Nerico Brothers Former RO Paul Wan Kai Leung for Life Over US$154 Million Client Fund Misappropriation

by Mikhail Zavalko | May 31, 2026 | Blog News

On 26 May 2026, the Securities and Futures Commission banned Paul Wan Kai Leung for life. He was the former responsible officer, manager-in-charge and director of Nerico Brothers Limited. The Hong Kong regulator prohibited him from re-entering the industry under the...

US SEC Commissioner Hester Peirce to Participate in Capital Markets Summit

by Mikhail Zavalko | May 27, 2026 | Blog News

On 9 June 2026, Hester M. Peirce of the U.S. Securities and Exchange Commission will participate in the “Capital Markets Summit: The Engine That Drives America,” hosted by the U.S. Chamber of Commerce in Washington, D.C. Jim Moloney, Director of the SEC’s...

US SEC Chairman Paul S. Atkins Issued Statement on Novel Exchange-Traded Funds (ETFs)

by Mikhail Zavalko | May 27, 2026 | Blog News

On 20 May 2026, Paul S. Atkins, Chairman of the U.S. Securities and Exchange Commission, issued a public statement addressing the regulatory treatment of novel exchange-traded funds (ETFs), including event contract ETFs. “Exchange-traded funds have been — and remain —...

US CFTC Issues No-Action Letter Streamlining Swap Data Reporting for Fully Collateralized Event Contracts on DCMs and DCOs

by Mikhail Zavalko | May 22, 2026 | Blog News

On 13 May 2026, the United States Commodity Futures Trading Commission (“US CFTC”) Division of Market Oversight (“DMO”) and Division of Clearing and Risk (“DCR”) issued CFTC Letter No. 26-14. The no-action letter addresses swap data...

US SEC and NFA Sign Memorandum of Understanding to Strengthen Cross-Market Regulatory Coordination and Information Sharing

by Mikhail Zavalko | May 22, 2026 | Blog News

On 21 May 2026, the United States Securities and Exchange Commission (“US SEC”) and the National Futures Association (“NFA”) executed a Memorandum of Understanding (“MOU”), which establishes the framework for cooperation and...

United States SEC Grants assent to BOX Exchange Rule Change for Massive Bitcoin ETF Options Limit Boost

by Mikhail Zavalko | May 20, 2026 | Blog News

On 19 May 2026, the US Securities and Exchange Commission published a notice regarding a proposed rule change by BOX Exchange LLC. The filing seeks immediate effectiveness to amend IM 3120 2 under Rule 3120, which aims to increase position and exercise limits for...