News Centre

CFTC Charges Puerto Rico Resident Angel F. Collazo And His Companies, ACJ Capital Inc. And Solid View Capital LLC, In Forex Fraud Ponzi Scheme - Court Orders Asset Freeze And Preliminary Injunction

Date 15/02/2012

The U.S. Commodity Futures Trading Commission (CFTC) today announced that on February 8, 2012, it filed a federal court action in the District of Puerto Rico charging Angel Fernando Collazoof Salinas, Puerto Rico, and his companies, ACJ Capital, Inc. (ACJ) and Solid View Capital LLC (Solid View), both of San Juan, with fraud and misappropriation in a $1 million off-exchange leveraged foreign currency (forex) Ponzi scheme. On February 9, 2012, the court entered a statutory restraining order freezing the defendants’ assets. On February 14, 2012, the court entered a consent preliminary injunction maintaining the asset freeze and barring defendants from violating various anti-fraud and registration provisions of the Commodity Exchange Act and Commission regulations.

Opening Statement Of U.S. Treasury Secretary Geithner Before The House Ways And Means Committee On The President's FY2013 Budget

Date 15/02/2012

Chairman Camp, Ranking Member Levin, and members of the Committee, thank you for the opportunity to testify today on the President’s Budget.

Minutes Of The Federal Open Market Committee, January 24-25, 2012

Date 15/02/2012

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on January 24-25, 2012. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the January 24-25, 2012 meeting is also included as an addendum to these minutes.

Statement By U.S. Treasury Secretary Tim Geithner On World Bank President Robert Zoellick’s Decision Not To Seek A Second Term

Date 15/02/2012

Bob Zoellick has been a remarkably effective leader of the World Bank at a critically important time in the world economy.  Under his leadership, the Bank has made vital contributions to the global response to the financial crisis, improving food security, and strengthening post conflict and transition countries.  Under Bob’s leadership, the Bank has become a more effective, accountable, and transparent institution. 

Georgia Federal Court Enters Order For Permanent Injunction Against Joseph L. Autry, Jr. And His Company, Autry Capital Management LLC, For Commodity Fraud - Autry Also Was Sentenced To 27 Months In Prison In A Related Criminal Action

Date 15/02/2012

The U.S. Commodity Futures Trading Commission (CFTC) announced that it obtained a federal court summary judgment order for a permanent injunction against CFTC defendants Joseph L. Autry, Jr. and his company, Autry Capital Management LLC (ACM), both of Statesboro, Ga. The order imposes permanent trading and registration bans and a $1,000 civil monetary penalty on Autry and ACM. The court noted that in a related criminal action on July 21, 2011, Autry was sentenced to 27 months in prison and required to pay $155,200 in restitution to defrauded customers (U.S. v. Autry, 6:10-cr-22, Doc 32).

TSX Venture Exchange Announces Its 2012 TSX Venture 50®

Date 15/02/2012

TSX Venture Exchange today announced its 2012 TSX Venture 50.

CME Group Inc. Names Slate Of Director Nominees

Date 15/02/2012

CME Group today announced its slate of candidates for election to serve on the company's board of directors.  CME Group shareholders will vote for directors at the company's annual meeting to be held Wednesday, May 23, 2012.

BSX Remembers Junius ‘Jay’ Peake

Date 15/02/2012

The Bermuda Stock Exchange (BSX) has today learned of the death of Mr. Junius W. Peake, at age 80, in Greeley, Colorado, U.S.A.

Regulators Re-Elect Jean Guill, Kurt Pribil And Fernando Restoy To ESMA’s Management Board

Date 15/02/2012

The Board of Supervisors of ESMA yesterday re-elected for 30 months three of its Management Board members, namely Jean Guill (Luxembourg), Kurt Pribil (Austria) and Fernando Restoy (Spain).  An election was held for those members of the Management Board whose terms had come to an end. 

Statement By IMF Managing Director Christine Lagarde On World Bank President Robert Zoellick

Date 15/02/2012

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today:

“Bob Zoellick has served the international community—including the membership of the World Bank Group and IMF—with great distinction. Bob will be leaving the Bank with a record of achievement of which he can be very proud. It has been a pleasure working with him both in my capacity as Managing Director and as a finance minister. I wish him the very best in his future endeavors, and look forward to maintaining a close working relationship with the Bank once a successor is chosen.”