News Centre

BM&FBOVESPA Presents The State-Owned Enterprise Governance Program

Date 30/09/2015

On Wednesday afternoon BM&FBOVESPA presented the State-Owned Enterprise Governance Program. BM&FBOVESPA Chief Executive Officer Edemir Pinto took part in this event alongside capital market representatives.

New Zealand To Move To T+2 In 2016

Date 30/09/2015

The New Zealand Stock Exchange will move to a T+2 settlement cycle on 7 March, the same day as Australia.

TEXPERS Special Report: Texas' State And Local Pension Funds Achieve Best Five-Year Measure Of Financial Health In 2014-15

Date 30/09/2015

The Texas Association of Public Employee Retirement Systems issued a report today showing that 93 state and local pension funds which submit data to the Texas Pension Review Board combined in 2014-2015 to achieve the best overall improvement in financial health in five years.

CFTC Charges Florida-Based Guardian Asset Group, LLC And Andrew Kurzbard With Engaging In Illegal, Off-Exchange Precious Metals Transactions

Date 30/09/2015

The U.S. Commodity Futures Trading Commission (CFTC) filed a civil injunctive enforcement action in the U.S. District Court for the Southern District of Florida against Defendants Guardian Asset Group, LLC (Guardian) and its owner and principal, Andrew Kurzbard, both of West Palm Beach, Florida. The CFTC Complaint charges the Defendants with engaging in illegal, off-exchange transactions in precious metals with retail customers on a leveraged, margined, or financed basis. The Complaint further alleges that Kurzbard, as controlling person for Guardian, is liable for Guardian’s violations of the Commodity Exchange Act (CEA).

Alberta Securities Commission: Securities Salesperson Convicted On 20 Charges In Provincial Court

Date 30/09/2015

Donald Addison Nason has been convicted of 20 counts of breaching Alberta securities laws.  Provincial Court Judge Fraser found Nason guilty of engaging in illegal distributions, multiple breaches of an Alberta Securities Commission (ASC) cease trade order, an unfair trade practise, and numerous misleading or untrue statements to investors.

CFTC Orders Minneapolis-Based Alfred C. Toepfer International, Inc. To Pay $400,000 For Inaccurately Reporting Positions In Multiple Grains

Date 30/09/2015

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Alfred C. Toepfer International, Inc. (Toepfer), a global merchandiser of agricultural commodities, for failing to comply with its legal obligation to submit accurate monthly CFTC Form 204 Reports regarding the composition of Toepfer’s fixed price cash grain purchases and sales, in violation of the reporting requirements in CFTC Regulation 19.01. The CFTC Order requires Toepfer to pay a $400,000 civil monetary penalty and to cease and desist from further violations of Regulation 19.01. Toepfer is based in Minneapolis, Minnesota.

Market Structure In The 21st Century: Bringing Light To The Dark, SEC Commissioner Kara M. Stein, Remarks Before The Securities Traders Association’s 82nd Annual Market Structure Conference, Sept. 30, 2015

Date 30/09/2015

Thank you, Jim [Toes], for that kind introduction.  I appreciate the invitation to be with you today.  Both the Securities Traders Association (“STA”) and the U.S. Securities and Exchange Commission (“Commission” or “SEC”) were formed in 1934, at a pivotal time in our nation’s history. Both have been serving investors now for over 80 years.  It is a pleasure to be speaking to a group of professionals who have been, and continue to be, concerned about the structure and operations of our capital markets. 

CFTC Swaps Report Update

Date 30/09/2015

CFTC's Weekly Swaps Report has been updated, and is now available.

Federal Reserve Chair Janet L. Yellen At the Community Banking In The 21st Century, The Third Annual Community Banking Research And Policy Conference, Cosponsored By The Federal Reserve System And Conference Of State Bank Supervisors, Federal Reserve Bank Of St. Louis, St. Louis, Missouri, September 30, 2015

Date 30/09/2015

Welcoming Remarks

Thank you. It is truly a pleasure for me to join President Bullard and Chairman Cotney in welcoming you to the Community Banking Research and Policy Conference, which I am proud to say has been cosponsored since its inception by the Federal Reserve System and the Conference of State Bank Supervisors (CSBS). 

SEC: China-Based Company And CEO To Pay $55.6 Million For Inaccurate Disclosures

Date 30/09/2015

The Securities and Exchange Commission today announced a $55.6 million settlement with Focus Media Holding Limited and CEO Jason Jiang to resolve charges of inaccurate disclosures about the China-based advertising company’s partial sale of a subsidiary to insiders, including Jiang.  The sale, which occurred before a third party purchased the subsidiary at a significantly higher price, yielded enormous profits to Jiang and other insiders.