SEC Acting Enforcement Director Marc P. Berger To Depart The Commission Date
12/01/2021
The Securities and Exchange Commission today announced that Marc P. Berger, Acting Director of the Division of Enforcement, will conclude his tenure at the agency this month. Mr. Berger joined the Commission as Director of the New York Regional Office in December 2017 and was named Deputy Director of the Division of Enforcement in August 2020.
Under Mr. Berger s leadership, Enforcement staff pursued significant cases across the entire spectrum of the securities industry, with a focus on impactful and timely actions that protected investors and promoted market integrity. Mr. Berger focused on enhancing the efficiency and effectiveness of the Enforcement Division as well as the Division of Examinations programs in New York, better positioning the staff in both Divisions to address emerging threats and pursue misconduct. Mr. Berger prioritized the promotion of diversity and inclusion across
FOR IMMEDIATE RELEASE Washington D.C., Jan. 12, 2021
The Securities and Exchange Commission today announced that Marc P. Berger, Acting Director of the Division of Enforcement, will conclude his tenure at the agency this month. Mr. Berger joined the Commission as Director of the New York Regional Office in December 2017 and was named Deputy Director of the Division of Enforcement in August 2020.
Under Mr. Berger s leadership, Enforcement staff pursued significant cases across the entire spectrum of the securities industry, with a focus on impactful and timely actions that protected investors and promoted market integrity. Mr. Berger focused on enhancing the efficiency and effectiveness of the Enforcement Division as well as the Division of Examinations programs in New York, better positioning the staff in both Divisions to address emerging threats and pursue misconduct. Mr. Berger prioritized the promotion of diversity and inclusion across the Enforcement Div
By Reuters Staff
1 Min Read
BOSTON, Jan 11 (Reuters) - Top asset manager BlackRock Inc has told clients five of its ETFs have complied with index provider moves to drop certain China securities in response to pressure from Washington.
In a note to clients provided by a spokesman for the New York asset manager on Monday, BlackRock listed five ETFs affected by the index provider changes, including four funds based on indexes provided by MSCI Inc and one benchmarked against the FTSE Russell China 50 Index. (Reporting by Ross Kerber)
Canadian investment company Routemaster Capital Inc. has entered into a binding Letter of Intent to acquire a 20% equity interest in Valour Structured Products, Inc. The deal values Valour at about CHF50 million.
Founded in 2018, Valour Structured Products, Inc. is a company focused on creating exchange traded products in the digital asset space. Following the completion of a seed financing led by leading cryptocurrency investors in 2018, Valour has undertaken regulatory applications required and has received approval to be an issuer of digital asset products on leading European stock markets. Its first product launched was Bitcoin Zero. Bitcoin Zero is the first fully hedged, passive investment product with Bitcoin as its underlying asset and charges zero management fees.