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  • Financial Industry Addresses Alleged Large Bank Subsidy

    Date 11/03/2013

    Today, the Financial Services Forum, the Financial Services Roundtable, The Clearing House, Securities Industry and Financial Markets Association, and the American Bankers Association, released the following policy brief in response to questionable assertions of a “taxpayer subsidy” to large banks. 

  • CFTC: Federal Court In New York Orders Madison Dean, Inc. And Its Principal, George Athanasatos, To Pay Over $1.4 Million To Settle Forex Fraud Charges In CFTC Enforcement Action

    Date 11/03/2013

    The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained a federal court Order against Defendants Madison Dean, Inc. (Madison Dean), of Wantagh, N.Y., and its principal, George Athanasatos, also of Wantagh, requiring them jointly to pay nearly $250,000 in restitution to defrauded customers. The Consent Order of Permanent Injunction, entered by Judge Joseph F. Bianco of the U.S. District Court for the Eastern District of New York, also imposes a $1 million civil monetary penalty on Madison Dean and a penalty of $210,000 on Athanasatos. The Order imposes permanent trading and registration bans against both defendants and prohibits them from violating the anti-fraud provisions of the Commodity Exchange Act, as charged.

  • SIFMA Announces New White Paper: “The Evolving Role Of Compliance”

    Date 11/03/2013

    SIFMA today announced the availability of a new white paper, “The Evolving Role of Compliance.” This white paper examines the responsibilities, opportunities and limitations of the Compliance function in the evolving financial industry and builds upon a 2005 white paper issued by SIFMA titled “The Role of Compliance.”  “The Evolving Role of Compliance” is a collaborative effort between SIFMA, the SIFMA Compliance & Legal Society, and the SIFMA Compliance and Regulatory Policy Committee. 

  • TSX Trading List Leaders By Volume And By Values - February 2013

    Date 11/03/2013

    The TSX Trading List Leaders list shows the top ten brokers chosen by their customers to execute their trades on Toronto Stock Exchange. The leaders are measured by volume and value of securities traded.

  • NASDAQ Announces End-of-Month Open Short Interest Positions In NASDAQ Stocks As Of Settlement Date February 28, 2013

    Date 11/03/2013

    At the end of the settlement date of February 28, 2013, short interest in 2,128 NASDAQ Global MarketSM securities totaled 7,110,471,305 shares compared with 6,962,737,646 shares in 2,134 Global Market issues reported for the prior settlement date of February 15, 2013. The end-of-February short interest represents 4.03 days average daily NASDAQ Global Market share volume for the reporting period, compared with 3.67 days for the prior reporting period.