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TSE And OSE Impose Disciplinary Action, Etc. Against Kabu.com Securities Co.,Ltd.

Date 25/09/2015

Tokyo Stock Exchange (hereinafter "TSE") has imposed disciplinary action (censure) against Kabu.com Securities Co.,Ltd. (hereinafter "the Company") pursuant to the provisions of Rule 34, Paragraph 1 of the Trading Participant Regulations. Additionally, TSE has requested the Company to submit a business improvement report pursuant to the provisions of Rule 19, Paragraph 1 of the Trading Participant Regulations.

EBRD And Serbia Work Together To Attract Investments

Date 25/09/2015

EBRD President Sir Suma Chakrabarti and the Prime Minister of Serbia Aleksandar Vucic in Belgrade

The Government of Serbia and the European Bank for Reconstruction and Development (EBRD) are stepping up their efforts to strengthen the investment climate, promote good governance and support the development of the private sector in the country.

To this end, EBRD President Sir Suma Chakrabarti and Serbia’s Prime Minister Aleksandar Vučić signed a Memorandum of Understanding (MoU) on the EBRD’s Investment Climate and Governance Initiative for Serbia in Belgrade today.

 The agreement creates a framework for cooperation between the government and the EBRD, aimed at reducing the informal economy and enhancing competition, facilitating the resumption of credit growth, strengthening corporate governance, supporting privatisation of publicly and socially owned enterprises and stimulating investment in infrastructure.

To promote regional economic integration and help reduce informality, the EBRD will support the Serbian Business Registration Agency to establish a regional registry portal in the Western Balkans.

The Bank will also work to strengthen the capacity of the Commission for the Protection of Competition and work closely with the government in defining other areas of cooperation. In all areas covered by the MoU, the EBRD and the Government of Serbia will maintain an active dialogue with the business community, other international financial institutions and donors.

In addition to the EBRD’s investments in the country, the Bank and Serbia have an intensive working relationship which includes policy dialogue and technical assistance in areas including non-performing loan resolution, privatisation and judicial capacity building.

At the signing, Prime Minister Vučić emphasised: “Improving the investment climate is a priority for the Serbian government. We are pleased to have the EBRD backing us in this crucial undertaking. Creating a strong, transparent business environment will help to stimulate Serbia’s economic growth, and will support regional integration and boost the attractiveness of our country and the wider region.”

EBRD President Chakrabarti added: “Serbia has taken important steps to implement the reforms necessary for attracting foreign and domestic investors. We are pleased to be further strengthening the investment climate and enhancing governance. Given Serbia’s strong potential, such positive changes in what is the largest economy in the Western Balkans will have a wider impact throughout the region. The EBRD stands ready to assist in this process.”

In August, Sir Suma Chakrabarti attended the Western Balkans Summit in Vienna, where he met with heads of states and governments from the region to discuss joint regional integration areas. The Bank is a leading investor in the region, and last year alone invested more than €1 billion. The EBRD plans to host again a Western Balkans Investment Conference in London in February 2016.

Since the start of its operations in Serbia, the EBRD has invested over €3.9 billion in some 188 projects across the country. The Bank invests in the financial sector, industry, commerce, agribusiness, energy and infrastructure.

New Zealand's Financial Markets Authority: Fourth And Final Director Sentenced In OPI Pacific Finance Case

Date 25/09/2015

A former director of OPI Pacific Finance, David Mark Anderson, has today been sentenced in the Auckland High Court for misleading investors.

Dalian Commodity Exchange Clarifies Rumors About “Egg Futures Predator”

Date 25/09/2015

With regard to the rumor spreading on the Internet last month about the "legend" of an investor surnamed Zhang “transforming from a patrol on the border of China and North Korea to a 27-year-old egg futures predator”, an official of the news and information division of Dalian Commodity Exchange (DCE) said in the interview that according to the investigation of DCE in more than one month, the relevant report on the Internet does not tally with the facts and has damaged the image and reputation of the market. DCE has had regulatory conversations with the relevant parties, and will take further investigation and measures. At the same time DCE urges the related media to make corrections, disseminate information in a truthful and objective manner.

ASIC: NSW Man Jailed For Market Manipulation

Date 25/09/2015

Following an ASIC investigation, Nigel Derek Heath of New South Wales was convicted and sentenced today after pleading guilty to two market manipulation charges in the District Court.

Dalian Commodity Exchange Boosts Growth, Innovation Of Agricultural Products Market

Date 25/09/2015

At the “Eighth International Corn Industry Conference” held in Wuhan on September 17, an official of the agricultural products business division of Dalian Commodity Exchange (DCE) said that with the steady growth in market size in recent years, the agricultural products market at DCE has formed a relatively complete hedging chain for the products of the corn industry. Meanwhile, vigorously advancing the innovation in systems by implementing the “warehouse receipts switch” and other new systems and measures, DCE has joined hands with large business groups to provide more convenience in delivery for the medium, small and micro-sized enterprises, which generated significant effects in the market. In the future, by promoting innovation in more systems such as the “group delivery system”, DCE will adapt to the actual situation of the spot market and the demands of the enterprises, so as to improve the capacity of the futures market for serving the real economy.

ISDA Publishes Australian Single-Sided Reporting Letter

Date 25/09/2015

The International Swaps and Derivatives Association, Inc. (ISDA) today published the ISDA Australian Single-Sided Reporting Letter, which allows certain market participants to take advantage of the Australian single-sided reporting regime for Phase 3 Entities.

Dalian Commodity Exchange: Circular On Adjustments To Minimum Trading Margin And Price Limits And After-Hours Trading Time During The 2015 National Day

Date 25/09/2015

According to Clause 9 of the “Measures of Dalian Commodity Exchange for Risk Management” and after determination upon discussion, DCE will make the following adjustments to the trading margin and price limits of each product before and after the market closure during the 2015 National Day:

Statement On Final Judgment Entered Against BBX Capital Corporation And Alan B. Levan, Andrew Ceresney, SEC Director, Division Of Enforcement, Sept. 24, 2015

Date 25/09/2015

“We are pleased that the judgment holds BBX and Levan accountable for their financial crisis misdeeds, imposes substantial financial penalties on them, and for two years bars Levan from serving as an officer or director of a publicly traded company.   We will continue to hold CEOs and other senior executives of public companies accountable, including through trials, if they engage in financial fraud and other violations of the federal securities laws.”

California Lt. Governor Gavin Newsom And Golden State Warriors Celebrate Grand Opening Of The Nasdaq Entrepreneurial Center

Date 24/09/2015

The Nasdaq Entrepreneurial Center today opened the doors to its 13,000 square-foot, ultra-modern facility in San Francisco's South Financial District. California Lt. Gov. Gavin Newsom and 2015 NBA Champion Golden State Warriors Center, Festus Ezeli, joined Nasdaq officials, CEO Bob Greifeld and Vice Chairman Bruce Aust, in ringing the Nasdaq Closing Bell remotely from San Francisco in celebration of the Center's launch.