News Centre

SEC Charges Four Penny Stock Purchasers With Fraud

Date 21/12/2012

The Securities and Exchange Commission today charged four securities industry professionals with conducting a fraudulent penny stock scheme in which they illegally acquired more than one billion unregistered shares in microcap companies at deep discounts and then dumped them on the market for approximately $17 million in illicit profits while claiming bogus exemptions from the federal securities laws.

CFTC Commitments Of Traders Reports Update

Date 21/12/2012

The current reports for the week of December 18, 2012 are now available.

SEC Approves New Rules Regarding Lost Holders Of Securities

Date 21/12/2012

The Securities and Exchange Commission today unanimously approved new rules requiring broker-dealers to conduct searches for holders of securities with whom they have lost contact.

“Orchestrating Harmony” - Statement By CFTC Commissioner Bart Chilton On Cross Border Issues

Date 21/12/2012

As we have set out to do from the beginning of the Dodd-Frank rulemaking process, we are cognizant of the need for regulators around the globe to harmonize rules to the extent possible in order to avoid market disruption and regulatory arbitrage.

SEC Bans Arizona-Based Investment Adviser From Securities Industry For Fraudulent Actions In Mutual Fund Collapse

Date 21/12/2012

The Securities and Exchange Commission today barred an Arizona-based mutual fund manager from the securities industry for failing to follow the investment objectives of a stock mutual fund managed by his firm, leading to the fund’s collapse.

Concurring Statement Of CFTC Commissioner Scott D. O’Malia - Final Exemptive Order Regarding Compliance With Certain Swap Regulations (Cross-Border Exemptive Order)

Date 21/12/2012

I respectfully concur with the Commission’s approval of this Order. The relief provided in the Order is timely and helps provide some level of clarity in the short term to market participants as they transition to the Commission’s new swap regulatory regime. Crucially, it also provides time for the Commission to engage with foreign regulators in order to develop a coordinated, harmonized approach to regulating the global swap markets in the long term.

ESMA Holiday Arrangements

Date 21/12/2012

ESMA offices will close on the evening of 21 December 2012, and reopen on Thursday 3 January 2013. 

CNSX Markets Named Outstanding Data Provider By FISD - Annual Award Recognizes Strong Customer Service And Communication

Date 21/12/2012

The Financial Information Services Division (FISD) of the Software and Information Industry Association (SIIA) presented the 2012 Outstanding Data Provider Award to CNSX  Markets Inc., operator of the Canadian National Stock Exchange and Pure Trading. The award was presented at the FISD General Meeting in New York on December 18.

BM&FBOVESPA: The Exchange At Christmas

Date 21/12/2012

There will be no trading on the equity, corporate securities and derivatives markets on December 24 and 25.

Bermuda Stock Exchange Will Be Closed For The Festive Holidays

Date 21/12/2012

The Bermuda Stock Exchange (“BSX”) advises that the BSX will be closed for the Public Holidays on:

1. Christmas Day, Tuesday, 25 December, and Boxing Day, Wednesday, 26 December, 2012, and will re-open on Thursday, 27 December, 2012; &

2. New Years Day, Tuesday, 01 January, 2013, and will re-open on Wednesday, 02 January, 2013.