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  • TMX Group Holiday Operating Schedule

    Date 28/11/2012

    Toronto Stock Exchange, TSX Venture Exchange, Montréal Exchange, TMX Select and Alpha will be closed on Tuesday, December 25, 2012 for Christmas Day, Wednesday, December 26, 2012 for Boxing Day, and Tuesday, January 1, 2013 for New Year's Day.

  • CFTC Meeting Scheduled For November 29, 2012, Has Been Cancelled

    Date 28/11/2012

    The Commodity Futures Trading Commission’s open meeting scheduled for Thursday, November 29, 2012, has been cancelled.

  • SEC Charges Oil Company CEO As Source In Insider Trading Case

    Date 28/11/2012

    The Securities and Exchange Commission today announced charges against the  former CEO of a Denver-based oil-and-gas company at the center of an insider  trading scheme that the SEC began prosecuting last month.

  • Speech By Governor Tarullo On Regulation Of Foreign Banking Organizations At The Yale School Of Management Leaders Forum, New Haven, Connecticut

    Date 28/11/2012

    In the aftermath of the financial crisis, regulators around the world continue to implement reforms designed to limit the incidence and severity of future crises. My subject today pertains to an area in which reforms have yet to be made--the regulation of the U.S. operations of large foreign banks.1 Applicable regulation has changed relatively little in the last decade, despite a significant and rapid transformation of those operations, as foreign banks moved beyond their traditional lending activities to engage in substantial, and often complex, capital market activities. The crisis revealed the resulting risks to U.S. financial stability.

  • FINRA Files Complaint Charging The President And Owner Of Brooklyn Brokerage Firm TWS Financial For Operating Fraudulent Scheme Targeting Polish Community

    Date 28/11/2012

    The Financial Industry Regulatory Authority (FINRA) announced today that it has filed a complaint against Roman Sledziejowski, President and owner of Brooklyn, NY-based brokerage firm TWS Financial, LLC, charging him with defrauding three customers of more than $4 million through a scheme, carried on primarily outside the securities firm, involving converting client funds to his personal use while providing falsified account statements to his customers. Sledziejowski, a Polish-born investment manager, and his firm TWS Financial, catered to the Polish investment community in Brooklyn, and all of his victims were natives of Poland. On November 9, 2012, TWS Financial filed an application to withdraw its broker-dealer registration.