News Centre

Remarks During News Conference About Enforcement Actions Against BP By Robert Khuzami, Director Of The SEC’s Division Of Enforcement, U.S. Securities And Exchange Commission

Date 15/11/2012

Good afternoon. I'm Rob Khuzami, Director of Enforcement at the SEC.

Today we are announcing that BP has agreed to pay more than a half-billion dollars to settle charges that it misled investors about the rate of oil flowing into the Gulf of Mexico during the Deepwater Horizon disaster.

SEC Fee Rate Advisory #2 For Fiscal Year 2013

Date 15/11/2012

The Securities and Exchange Commission is operating under a continuing resolution through March 27, 2013. Accordingly, the fees paid under Section 31 of the Securities Exchange Act will remain at their current rate until 60 days after the enactment of a regular appropriation for the Commission.

Remarks At The Financial Stability Oversight Council Meeting By SEC Chairman Mary L. Schapiro

Date 15/11/2012

Several weeks ago, I asked that this council to address the structural weaknesses that make money market mutual funds susceptible to devastating runs - runs that we know are not just theoretical possibilities. Shortly thereafter, Secretary Geithner responded by issuing a letter setting out a series of steps the Council should consider. Today, I am very pleased that that my colleagues are taking this important action that can ultimately help to protect not only investors and taxpayers, but the financial system as well.

The New Zealand Market (NZX) Launches NASDAQ OMX's X-Stream Trading Platform

Date 15/11/2012

The New Zealand Market (NZX) has launched NASDAQ OMX's (Nasdaq:NDAQ) world recognized trading platform X-stream, paving the way for a new era in global connectivity and product innovation going forward.

Federal Reserve Board Releases Economic And Financial Market Scenarios That Will Be Used In Next Round Of Stress Tests For Large Financial Institutions

Date 15/11/2012

The Federal Reserve Board on Thursday released the economic and financial market scenarios that will be used in the next round of stress tests for large financial institutions.

Canadian Derivatives Clearing Corporation Confirms Withdrawal Of S&P Rating

Date 15/11/2012

The Canadian Derivatives Clearing Corporation (CDCC) today confirmed that it has requested that its Standard and Poor's (S&P) AA rating be withdrawn. Earlier today, S&P announced that it was affirming CDCC's corporate rating and withdrawing the rating at CDCC's request, effective December 31, 2012.

FIF Capacity Statistics For October 2012

Date 15/11/2012

FIVE NEW RECORD PEAKS: NASDAQ TotalView – ITCH, Deutsche Börse CEF Core Eurex, BATS Options MCASTPITCHAGG, Deutsche Börse CEF Core Total and Direct Edge EDGX

BP To Pay $525 Million Penalty To Settle SEC Charges Of Securities Fraud During Deepwater Horizon Oil Spill

Date 15/11/2012

The Securities and Exchange Commission today charged BP p.l.c. with misleading investors while its Deepwater Horizon oil rig was gushing into the Gulf of Mexico by significantly understating the flow rate in multiple reports filed with the SEC.

MassMutual To Pay $1.625 Million After SEC Investigation Highlights Prior Insufficient Disclosures About Annuity Product - MassMutual Changes Product Before Any Investors Harmed

Date 15/11/2012

The Securities and Exchange Commission today charged Massachusetts Mutual Life Insurance Company with securities law violations for failing to sufficiently disclose the potential negative impact of a "cap" it placed on a complex investment product that investors were planning to use for retirement.

Effective Small Business Capital Formation Requires Investor Protection To Foster Investor Confidence By Commissioner Luis Aguilar, U.S. Securities And Exchange Commission

Date 15/11/2012

I would like to add my welcome to the panel members and other participants in today’s Forum on Small Business Capital Formation. I also want to welcome the members of the public in attendance, as well as those viewing by webcast. Before I begin, let me note that these remarks are my own, and do not necessarily reflect the views of the Securities and Exchange Commission, my fellow Commissioners, or the Commission’s staff.