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  • Federal Reserve Board Announces 30-Day Comment Period Extension For Proposed Rulemaking Regarding Physical Commodity Activities Conducted By Financial Holding Companies

    Date 27/02/2014

    The public will have an additional 30 days to comment on an advance notice of proposed rulemaking regarding physical commodity activities conducted by financial holding companies, the Federal Reserve Board said Thursday. Comments are now due April 16, 2014.

  • Statement Of Dissent By CFTC Commissioner Scott D. O’Malia, Fiscal Year 2014 Spending Plan

    Date 27/02/2014

    I respectfully dissent from the Commodity Futures Trading Commission’s (“Commission”) fiscal year (“FY”) 2014 spending plan. I would first like to note that this spending plan is a major change in course from the current and past budget requests. Unlike previous budget requests that exclusively focused on the expansion of federal hires at the expense of supporting the Commission’s hard working staff, this spending plan increases focus on Commission staff by providing them with increases to their compensation and benefits. Such a change in direction will prevent the Commission from falling even further behind other Financial Institutions Reform, Recovery and Enforcement Act of 1989 (“FIRREA”) agencies.1 Whether this is a lasting change in the Commission’s budgetary objectives remains unclear.

  • Statement Of Dissent By CFTC Commissioner Scott D. O’Malia, Fiscal Year 2015 Budget Submission

    Date 27/02/2014

    While I respectfully dissent on this budget submission, I do support increases in the Commission’s budget that are tied to a strategic plan that identifies a five-year investment strategy and makes technology a top priority.  However, with the strategic plan still incomplete and no documents to guide the Commission on its technology and workforce investment strategy, I cannot endorse this budget recommendation for FY 2015.

  • CalPERS Board Committee Chairs And Vice Chairs Chosen

    Date 27/02/2014

    The California Public Employees’ Retirement System (CalPERS) Board of Administration has elected the following chairs and vice chairs of key board committees:

    • Investment Committee – Henry Jones, Chair; George Diehr, Vice Chair

  • NASDAQ OMX Global Indexes Named "Most Innovative Index Provider"- Chosen By The Readers Of ETF Express

    Date 27/02/2014

    The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) the market leading provider of innovative, transparent indexes, has been named "Most Innovative Index Provider" by ETF Express. Award winners were chosen based on votes cast by readers of ETF Express, which includes investors, fund managers, fund administrators, custodians, advisers, and distributors.