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CFTC: Federal Court In Florida Enters Preliminary Injunction Order Against Hunter Wise Commodities, LLC, Lloyds Commodities, LLC, And 18 Other Defendants In Connection With Operating A Multi-Million Dollar Fraudulent Precious Metals Scheme - Finding That New Dodd-Frank Anti-Fraud Authority Applies, Court Freezes Defendants’ Assets And Appoints Special Corporate Monitor For Corporate Defendants

Date 27/02/2013

The U.S. Commodity Futures Trading Commission (CFTC) today announced that the Honorable Donald M. Middlebrooks of the U.S. District Court for the Southern District of Florida entered a Preliminary Injunction Order against Defendants Hunter Wise Commodities, LLC; Hunter Wise Services, LLC; Hunter Wise Credit, LLC; Hunter Wise Trading, LLC; Lloyds Commodities, LLC; Lloyds Commodities Credit Company, LLC; Lloyds Services, LLC;C.D. Hopkins Financial, LLC; Hard Asset Lending Group, LLC; Blackstone Metals Group, LLC; Newbridge Alliance, Inc.; United States Capital Trust, LLC; Harold Edward Martin, Jr.; Fred Jager; James Burbage; Frank Gaudino;Baris Keser; Chadewick Hopkins; John King; and David A. Moore that prohibits the Defendants from offering investments in physical metals to the retail public.

CalPERS And Apple Shareholders Show United Support For Apple's Future Direction - CalPERS Message To Apple Is To Keep Calm And Carry On

Date 27/02/2013

The California Public Employees’ Retirement System (CalPERS) today issued the following statement in response to a rally by shareholders to support good governance practices:

“The fact that Proposal No. 2 received 98 percent approval from more than 55 percent of shareholders is a ringing endorsement of Apple's plans,” said Anne Simpson, CalPERS director of global governance. “A message was sent and it’s one of emphatic support for shareholder rights. CalPERS will continue to support the elements of this proposal and encourage shareholders to approve them when the company introduces them again."

Steven J. Randich Named FINRA's Chief Information Officer

Date 27/02/2013

The Financial Industry Regulatory Authority (FINRA) announced today that Steven J. Randich, currently Citigroup's Co-Chief Information Officer (CIO), will join the organization as Executive Vice President and CIO. Randich will oversee technology at FINRA, as well as FINRA's Registration and Disclosure division. Randich will start at FINRA on March 11.

Testimony Of CFTC Chairman Gary Gensler Before The US Senate Committee On Agriculture, Nutrition & Forestry, Washington, DC

Date 27/02/2013

Good afternoon Chairwoman Stabenow, Ranking Member Cochran and members of the Committee. I thank you for inviting me to today’s hearing on oversight of the Commodity Futures Trading Commission (CFTC). I also want to thank the CFTC Commissioners and staff for their hard work and dedication.

SEC To Hold Fixed Income Roundtable

Date 27/02/2013

The Securities and Exchange Commission today announced that it will hold a roundtable on April 16 to discuss potential ways to improve the transparency and efficiency of fixed income markets. The roundtable will focus on the corporate bond market and the municipal securities market, which was the subject of a July 2012 Commission report.

CME Group Announces Treasury Futures Trading Volume Record

Date 27/02/2013

CME Group, the world's leading and most diverse derivatives marketplace, today announced a record in daily trading volume for its Treasury futures complex on Tuesday, February 26, 2013. These contracts are listed by and subject to the rules of CBOT.

ConvergEx Group Rolls Out New Premarket Trading Algorithm

Date 27/02/2013

ConvergEx Group, a leading technology company, today announced that it is now offering a new premarket trading algorithm that allows customers to capture liquidity outside of traditional market hours. This is particularly valuable during earnings seasons or during market moving news when traders are more frequently looking to buy or sell positions before the market open.

Compliance Teams Continue To Struggle, Says Thomson Reuters Annual Survey - Increased Regulatory Scrutiny, Maturing Regulatory Frameworks And Expectations Around Risk Framework Delivery Are Piling Pressure On Constrained Compliance Resources

Date 27/02/2013

Compliance professionals globally continue to struggle under the weight of global regulation and need the support of the Board and supervisory authorities within their firms to deliver effective and stable risk management, according to a new survey by Thomson Reuters. Already stretched compliance functions will need to find ways to build and maintain relationships with regulators as well as help their Boards deliver an increasingly risk-focused agenda.

UK Government Announces LIBOR Administrator Tendering Committee

Date 27/02/2013

Yesterday, the Government announced the membership of the independent Committee which will recommend a new administrator for the London Interbank Offered Rate (LIBOR). The Committee’s work is now underway.

R.J. O’Brien Introduces Mobile Trading Application For iPhone, Android

Date 27/02/2013

R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, today announced the release of the firm’s first-ever mobile trading application, RJO Mobile Trader (RJO MT). Available for clients of the firm and its introducing brokers (IBs) who use an iPhone or Android phone, RJO Mobile Trader is a secure application accessible via Apple’s App Store and Google Play.