News Centre

Former Chief Executive Officer Of Oil Services Company Pleads Guilty To Foreign Bribery Charge

Date 15/06/2015

The former co-chief executive officer (CEO) of PetroTiger Ltd. – a British Virgin Islands oil and gas company with operations in Colombia and formerly with an office in New Jersey – pleaded guilty today to conspiring to pay bribes to a foreign government official in violation of the Foreign Corrupt Practices Act (FCPA).

Mutual Funds - The Next 75 Years, SEC Commissioner Kara M. Stein, Brookings Institution, Washington, D.C., June 15, 2015

Date 15/06/2015

Thank you, Doug, for that kind introduction.   

Before I begin my remarks, I must make the standard disclaimer you hear from SEC Commissioners: the views that I am expressing today are my own, and do not necessarily reflect those of the Commission, my fellow Commissioners, or the staff of the Commission.

I am very pleased to be at the Brookings Institution this morning.  Brookings has a long and proud history of tackling difficult public policy issues and fostering robust public debate.  Recent discussions on the role of capital markets in today’s economy and systemic risk in the asset management industry are important contributions to the national dialogue.  So, thank you to the Brookings Institution for continuing to drive important conversations.  And thank you for having me here today. 

SEC: Investment Advisory Firm’s Former President Charged With Stealing Client Funds

Date 15/06/2015

The Securities and Exchange Commission today announced fraud charges against a Washington D.C.-based investment advisory firm’s former president accused of stealing client funds.  The firm and its chief compliance officer separately agreed to settle charges that they were responsible for compliance failures and other violations.

Moscow Exchange: Risk Parameters Change For The Securities MGNT, PHOR, SIBN

Date 15/06/2015

The following risk parameters for the securities MGNT, PHOR, SIBN will be changed:

EEX New Participant Power Futures: Axpo Iberia S.L.U.

Date 15/06/2015

Axpo Iberia S.L.U. has been admitted to exchange trading for Spanish Financial Power Futures.

Bucharest Stock Exchange Reveals To Investors The Most Active Brokers In A Day By Number Of Trades

Date 15/06/2015

Bucharest Stock Exchange (BVB) is introducing a new feature through which investors can see the most active brokers in the market by number of trades executed in a day with shares on the main market and on the AeRO market.

EEX New Participant Power Futures: Statkraft Markets GmbH

Date 15/06/2015

Statkraft Markets GmbH has been admitted to exchange trading for Greek Financial Power Futures.

Moscow Exchange: Updated Coefficients For Stock Indices

Date 15/06/2015

On June 16, the following coefficients for indices have been updated:

Federal Reserve Releases Statement On Court's Decision In Starr International Company, Inc. V. The United States

Date 15/06/2015

The Federal Reserve strongly believes that its actions in the AIG rescue during the height of the financial crisis in 2008 were legal, proper and effective.  The court's decision today in Starr International Company, Inc. v. the United States recognizes that AIG's shareholders are not entitled to compensation for that decision, and that the Federal Reserve's extension of credit to AIG prevented losses to millions of policyholders, small businesses, and American workers who would have been harmed by AIG's collapse during the financial crisis.  The terms of the credit were appropriately tough to protect taxpayers from the risks the rescue loan presented when it was made.

Moscow Exchange: Resumption Of Trading After The Main Clearing Session On The Derivatives Market

Date 15/06/2015

Time of resumption of trading after the main clearing session Derivatives Market will be at  20.00 pm.