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CFTC Orders Morgan Stanley Capital Group Inc. To Pay $200,000 Penalty For Violating Soybean Meal Futures Speculative Position Limits

Date 24/03/2014

The U.S. Commodity Futures Trading Commission (CFTC) today announced that Morgan Stanley Capital Group Inc. (MSCGI) agreed to pay a $200,000 civil monetary penalty to settle CFTC charges that it exceeded speculative position limits in soybean meal futures contracts trading on the Chicago Board of Trade (CBOT).

Backlash Against Putin Impacts Palladium, As Disappointing Chinese PMI Figures Punish Copper Prices

Date 24/03/2014

The political backlash against Russia by the West surrounding the separation of Crimea from Ukraine leaves palladium exposed, according to an upcoming report from Viktor Nossek, Head of Research at Boost ETP the independent provider of short and leveraged ETFs.

SunGard Launches WealthStation PlanAdvisor To Help Advisors Achieve Growth In Managing 401(k) Plans

Date 24/03/2014

SunGard has launched WealthStation PlanAdvisor to help investment advisors and other plan fiduciaries serving qualified retirement plans grow their client base. WealthStation PlanAdvisor automates the investment process to help advisors and their co-fiduciaries collaboratively design investment line-ups and conduct fiduciary reviews, while maintaining compliance with regulations such as 404(a)(5) and 408(b)(2).

Federal Reserve Governor Jeremy C. Stein At The Crowdfunding For Community Development Finance Conference, Washington, D.C., March 24, 2014, Welcoming Remarks

Date 24/03/2014

Good morning. Let me start by welcoming everyone to the Federal Reserve. Today's topic of crowdfunding for community development finance is an important and topical one, and I want to thank you all for helping us think through the challenges and opportunities presented by this new technology as it relates to raising funds for local communities.

FINRA Fines LPL Financial LLC $950,000 For Supervisory Failures Related To Sales Of Alternative Investments

Date 24/03/2014

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined LPL Financial LLC $950,000 for supervisory deficiencies related to the sales of alternative investment products, including non-traded real estate investment trusts (REITs), oil and gas partnerships, business development companies (BDCs), hedge funds, managed futures and other illiquid pass-through investments. As part of the sanction, LPL must also conduct a comprehensive review of its policies, systems, procedures and training, and remedy the failures.

ESMA Publishes Final Report And Q&A On Revision Of Guidelines ETFs And Other UCITS Issues

Date 24/03/2014

Final Report on Revision of Guidelines ETFs and other UCITS issues | Reference 2014/294 

NASDAQ OMX Announces Changes To The NASDAQ Select Canadian Preferred Share Index

Date 24/03/2014

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced changes to the methodology of the NASDAQ Select Canadian Preferred Share Index.

KVH Optimizes Network To Launch Industry’s Fastest Routes To CME From Tokyo And Singapore

Date 24/03/2014

KVH Co. Ltd., Asia’s leading information delivery platform headquartered in Tokyo, Japan, today announced the launch of newly optimized ultra-low latency routes to the Chicago Mercantile Exchange (CME) in Aurora, Illinois from Tokyo and Singapore. Commercially available from March 31, 2014 and delivered over a high bandwidth premium Ethernet service, these routes offer SLA-backed latency below 122 and 188 milliseconds between Tokyo and Aurora and Aurora and Singapore, respectively, making these routes the fastest network between these locations in the market today.

NASDAQ OMX Announces Formation Of Global Market Services Business - Hans-Ole Jochumsen To Lead Combined U.S. And European Transactions, Clearing And Settlement Businesses

Date 24/03/2014

The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) today announced the formation of Global Market Services, a new entity comprising NASDAQ OMX transactions, clearing and settlement services in the U.S. and Europe.  Hans–Ole Jochumsen, Executive Vice President, has been appointed to lead the newly combined global business, reporting directly to Chief Executive Officer Bob Greifeld. 

Bucharest Stock Exchange: www.RoCapMarketModern.ro Is Launched Today

Date 24/03/2014

• Official website for the capital market reform focused on eliminating the barriers standing against the development of the capital market in Romania
• Updates on regulatory steps taken to eliminate the eight barriers of the capital market