News Centre

CBOE To Introduce CBOE Low Volatility Index - Features Lower Downside Volatility Plus Upside Participation

Date 29/11/2012

The Chicago Board Options Exchange® (CBOE®) announced today that it will begin disseminating values for a new benchmark index, the CBOE Low Volatility IndexSM (ticker: LOVOL) tomorrow, Friday, November 30.

"Whose Markets Are These Anyway? Can Ya Dig It?” - Keynote Address Of CFTC Commissioner Bart Chilton Before The Consumer Federation Of America 2012 Financial Services Conference, Washington, DC

Date 29/11/2012

Introduction

Good afternoon. It’s a great pleasure to be with you at your 2012 Financial Services Conference. CFA does great work. It is a pleasure to work with Barbara Roper. And, you all—each of you here—are to be commended for your sacrifices. It isn’t easy to take time to travel to D.C. and be away from your business or family. It is a sacrifice, but it does make a difference. You are needed. I, for one, greatly appreciate your contributions. In all seriousness, thank you.

CFTC’s Division Of Swap Dealer And Intermediary Oversight Issues Amended No-Action Letter On The Pay-To-Play Rules For Swap Dealers Conducting Business With Certain Governmental Special Entities

Date 29/11/2012

The Commodity Futures Trading Commission’s (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) today issued an amended no-action letter addressing the pay-to-play rules applicable to swap dealers who conduct business with certain governmental special entities.  The letter has been amended from the original version that was issued on November 20, 2012.

CME Group Announces Trading Volume Record For Its Gold Futures Contracts

Date 29/11/2012

CME Group, the world's leading and most diverse derivatives marketplace, today announced a record in daily trading volume for COMEX Gold Futures. These contracts are listed by and subject to the rules of COMEX.

AFP Habitat Selects Princeton Financial Systems 92 MIG21 Compliance Platform

Date 29/11/2012

Princeton Financial AE Systems, a solution provider to the global investment industry, today announced Administradora de Fondos de Pensiones (AFP) Habitat S.A, the second largest pension fund in Chile's private pension system, selected MIG21 AE for its investment compliance needs. Partnering with Gesintel, a risk and compliance solutions provider for Chilean and Latin America based firms; Princeton Financial will provide AFP Habitat with the compliance system of choice for seven of the world's ten largest global custodians.

SEC Names Todd K. Scharf As Chief Information Security Officer And Associate Director In Its Office Of Information Technology

Date 29/11/2012

The Securities and Exchange Commission today announced that it has named Todd K.  Scharf, Sr. as Chief Information Security Officer and Associate Director in the  agency’s Office of Information Technology.

CFTC: Federal Court In New York Orders Marc Perlman And iGlobal Strategic Management, LLC To Pay Over $2 Million For Solicitation Fraud And Misappropriation Involving Off-Exchange Foreign Currency And A Commodity Pool Ponzi Scheme

Date 29/11/2012

The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Barbara S. Jones of the U.S. District Court for the Southern District of New York entered a default judgment and permanent injunction order against defendants Marc Perlman of Rancho Cucamonga, Calif., and his firm, iGlobal Strategic Management, LLC (iGlobal).  The order stems from a CFTC complaint filed on August 28, 2012, charging the defendants with operating a commodity pool Ponzi scheme that fraudulently solicited and accepted at least $670,000 from at least 17 people — largely persons from the deaf community (see CFTC Press Release 6339-12).

Borsa Italiana: Corporate Governance Committee: New Entries - Stewardship Code And Monitoring As Planned Activities For 2013

Date 29/11/2012

In a meeting held today at Borsa Italiana’s headquarters, the Italian Corporate Governance Committee examined the report on the activities undertaken in the last year, including meetings and seminars aimed at promoting the new Corporate Governance Code. The report also contains a summary of a comparative study, with reference to the most relevant European countries, concerning the nature of their corporate governance committees and the practices in place for the monitoring of the application of the codes. The report is available on the Borsa Italiana website.

BME Appoints Javier Hernani Managing Director

Date 29/11/2012

The Board of Directors of BME agreed during a meeting held today, to appoint  Javier Hernani Burzako as Managing Director of the company. The appointment was  made following a report by the Nomination and Remuneration Committee and at the  request of the Chairman, and is conditional upon approval by the Spanish stock  market regulator, the CNMV.

SEC Charges Two Brokers With Insider Trading Ahead Of IBM-SPSS Merger For $1 Million Profit

Date 29/11/2012

The Securities and Exchange Commission today charged two retail brokers who formerly worked at a Connecticut-based broker-dealer with insider trading on nonpublic information ahead of IBM Corporation’s acquisition of SPSS Inc.