News Centre

Thai Bourse Matches Financial Opportunities For SMEs

Date 19/09/2013

The Stock Exchange of Thailand’s (SET) Thai Capital Market Center continues to assist business owners meet prospective business partners and funding sources by holding a “Innobiz Matching Day” for small- and medium-enterprises, enabling them to present projects and plans to venture capitalists.

Hellenic Exchanges S.A.: Provision Of Clearing Services To The Romanian Derivatives Market (SIBEX)

Date 19/09/2013

The Romanian Derivatives Exchange SIBEX-SIBIU STOCK EXCHANGE accepted the proposal of the HELEX Group for the provision of clearing services in the new environment taking shape in accordance with Regulation 648/2012 of the European Parliament (EMIR – European Market Infrastructure Regulation), as well as the technological upgrade and support of new projects of the Exchange.

Hong Kong's Securities and Futures Commission Commences Disciplinary Proceedings Against Chairman Of Pearl Oriental Oil Limited And Others For Alleged Breach Of Takeovers Code

Date 19/09/2013

The Securities and Futures Commission’s (SFC) Takeovers Executive has today commenced disciplinary proceedings before the Takeovers and Mergers Panel (Takeovers Panel) against the chairman of Pearl Oriental Oil Limited (Pearl Oriental), Mr Wong Yuk Kwan (also known as Wong Kwan), and four other people as the Executive believes that there has been a breach of the Code on Takeovers and Mergers (Takeovers Code).

Statement At Open Meeting - Adoption Of Rules Regarding Municipal Advisor Registration By SEC Commissioner Kara M. Stein, SEC Open Meeting, Washington, D.C.

Date 19/09/2013

Thank you, Chair White.  I would also like to express my sadness concerning what happened at the Navy Yard this week.  My thoughts and prayers are with the victims, their families, and everyone who has been touched by this tragedy.  I too would like to thank the staff, who have worked tirelessly on this release.  Thanks especially to staff in the Office of Municipal Securities and Office of Market Supervision for your thoughtful consideration of the more than 1,000 comment letters received on the interim final temporary rule and of my office’s comments and questions, as well.  I also want to acknowledge former Commissioner Elisse Walter and all her hard work on this rule.  It is this perseverance and hard work that has led to the final rule that is being considered today. 

ISDA Credit Derivatives Determinations Committee: Codere Finance (Luxembourg) S.A. Failure To Pay Credit Event

Date 19/09/2013

The International Swaps and Derivatives Association, Inc. (ISDA) today announced that its EMEA Credit Derivatives Determinations Committee resolved that a Failure to Pay Credit Event occurred in respect of Codere Finance (Luxembourg) S.A.

SIFMA Comments On SEC Municipal Advisor Rules

Date 19/09/2013

SIFMA today released the following statement from Randy Snook, executive vice president, business policies and practices, after the Securities and Exchange Commission (SEC) voted on final rules governing municipal advisor registration:

“SIFMA supports the goals of the Dodd Frank municipal advisor legislation to bring previously unregulated municipal advisors under supervision and further protect municipalities. The SEC’s municipal advisor definition is a vital component of this reform and will enable the MSRB to move forward with rules on several important issues, such as conflicts of interest, political contributions and professional qualifications.

CalPERS Welcomes SEC Rule-Making For The Disclosure Of CEO Pay Ratios

Date 19/09/2013

The California Public Employees’ Retirement System (CalPERS) today issued the following statement on the SEC’s announcement that it will begin rule-making for the disclosure of CEO pay ratios, as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act.

SIFMA Comments On SEC's Money Market Fund Proposal

Date 19/09/2013

SIFMA today announced it has submitted comments to the Securities and Exchange Commission (SEC) regarding proposed changes for money market funds (MMFs). The comment letter was submitted jointly by SIFMA’s Asset Management Group and Private Client Group.

SEC Approves Registration Rules For Municipal Advisors

Date 18/09/2013

The Securities and Exchange Commission today voted unanimously to adopt rules establishing a permanent registration regime for municipal advisors as required by the Dodd-Frank Act.

Statement Of SEC Commissioner Kara M. Stein At SEC Open Meeting Regarding The Proposing Release On Pay Ratio Disclosure

Date 18/09/2013

I want to reiterate the thanks to staff in the Division of Corporation Finance, the Division of Economic and Risk Analysis, and General Counsel for their hard work on this proposal.