News Centre

SEC Charges L.A.-Based Pacific West Capital Group With Fraud In Sale Of Life Settlement Investments

Date 07/04/2015

The Securities and Exchange Commission today charged Los Angeles-based Pacific West Capital Group Inc. and its owner Andrew B. Calhoun IV with fraud in the sale of “life settlement” investments.

TMX Group Equity Financing Statistics – March 2015

Date 07/04/2015

TMX Group today announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for March 2015.

BGC Partners' And GFI Group's First Quarter 2015 Financial Results Announcement To Be Issued Prior To Market Open On Wednesday, April 29, 2015 - Conference Call Scheduled For The Same Day At 10:00 a.m. ET

Date 07/04/2015

BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or the "Company"), a leading global brokerage company servicing the financial and real estate markets and BGC's majority-owned division, GFI Group Inc. (NYSE: GFIG) ("GFI Group" or "GFI"), a leading intermediary and provider of trading technologies and support services to the global OTC and listed markets, today announced that they plan to issue a joint advisory press release by 8:00 a.m. ET on Wednesday, April 29, 2015.

SIFMA Develops Model Sophisticated Municipal Market Professional Affirmation For Institutional Customers

Date 07/04/2015

SIFMA today announced that is has developed a model Sophisticated Municipal Market Professional, or SMMP, Affirmation.  This new affirmation is necessary in light of Municipal Securities Rulemaking Board (MSRB) rule changes which were approved by the SEC in December 2014 and which become effective December 7, 2015.  Until that time, an affirmation from an institutional customer indicating exercise of independent judgment that satisfies FINRA 2111 can be used to satisfy MSRB rules, but current affirmations are no longer a valid means of satisfying MSRB rules as of December 7, 2015. 

Nasdaq Holds First Quarter 2015 Investor Conference Call

Date 07/04/2015

Nasdaq (Nasdaq:NDAQ) has scheduled its First Quarter 2015 results announcement.

AnalytixInsight Inc. Announces Licensing Partnership With Tel Aviv Stock Exchange

Date 07/04/2015

• Tel Aviv Exchange to license and carry CapitalCube content
• Provides first of a kind comprehensive research coverage and predictive analytics for 600 listed stocks in Israel which include small caps and micro caps
• Partnership enables Tel Aviv Exchange to provide value-added analysis on all listed stocks for the benefit of its retail and institutional clients to facilitate liquidity and trading volumes, in particular for undercovered stocks

EGX Begins Serious Negotiations To List 3 Companies Of The Petroleum Sector With Total Capital Of More Than EGP 8.5 Billion

Date 07/04/2015

Within the efforts performed to attract more companies to list on the Egyptian Exchange (EGX) and to encourage state-owned companies to benefit from the capital market as a platform to finance their expansions, EGX is coordinating with 3 new companies belonging to the petroleum sector to list on the Egyptian Exchange during the coming period, with a total capital of more than LE 8.5 billion. The companies are The Middle East for Oil Refining Company (MIDOR) with a capital of US $ 1.1 billion, Gaz Cool Company with a capital of LE 125.5 million and Nile for Oil Marketing Company with a capital of LE 50 million, which comes in light of some ministries’ trend, specially the Ministry of Petroleum, to get benefit of the stock exchange as one of the important funding means.

Japan Exchange Group Senior Management Changes

Date 07/04/2015

Japan Exchange Group, Inc. (JPX) hereby announces that the following proposed changes of Representative Executive Officers and group senior management as a result of the decision made at the JPX’s nomination committee held today.

OCIE Director Andrew Bowden To Leave SEC

Date 07/04/2015

The Securities and Exchange Commission today announced that Andrew Bowden, Director of the Office of Compliance Inspections and Examinations (OCIE), will leave the agency at the end of April to return to the private sector.

Genscape: California Drought & Impacts On The Summer Power Grid

Date 07/04/2015

With California well into its fourth year of a severe and prolonged drought, Governor Brown recently issued the state's first mandatory water cutback. Record-low snowpack levels have market participants feeling the impacts of this, and Genscape’s analysts are forecasting a warm April in the region, which will only speed up the snow melt, potentially increasing prices.