News Centre

Hong Kong's Securities And Futures Commission: Retail Investors Convicted Of Illegal Short Selling

Date 31/05/2012

The Eastern Magistrates Court today convicted three retail investors after they pleaded guilty to four counts of illegal short selling in the shares of Bao Yuan Holdings Limited (Bao Yuan). 

PMEX Holds Technical Training Workshops In Lahore And Islamabad

Date 31/05/2012

Pakistan Mercantile Exchange, in continuation of its educational drive, held a workshops in Lahore and Islamabad that concluded on 30th May 2012 for its Brokers and Investors. These workshops are part of a series of trainings that started earlier with special focus on educating investors who are interested in trading commodities as well as the brokers who assist people to trade on Pakistan Mercantile Exchange.

Shenzhen Stock Exchange: First Public Censure Issued To ChiNext-Listed Company

Date 31/05/2012

Shenzhen Stock Exchange has recently issued public censure for embezzlement to Shanxi Zhendong Pharmaceutical Co., Ltd. (hereinafter referred to as the “Zhengdong”) and Li Anping, the company’s board chairman and de facto controller. Zhendong became the first ChiNext-listed company to receive public censure.

Tokyo Grain Exchange: Maximum Rate For Additional Discharging Ports Charges

Date 31/05/2012

We refer to (2) (c) of 11. in Detailed Rules for Delivery of Raw Sugar and inform you that the maximum rate to be applied to delivery of Raw Sugar for the contract month of Sep 2012 is US$５.５４ per metric ton for each additional discharging port.

Stock Exchange Of Thailand Visits Clearing Site Of India’s MCX

Date 31/05/2012

Mr. Charamporn Jotikasthira (6^th left), President of The Stock Exchange of Thailand (SET), and SET’s executives were welcomed by Mr. Lamon Rutten (4^th left), Managing Director & CEO of Multi Commodity Exchange of India Ltd (MCX) in Mumbai, India, and Mr. Joseph Masey (5^th left), Managing Director & CEO of MCX Stock Exchange Ltd (MCX-SX), on the occasion of visiting MCX’s clearing site.

Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices

Date 30/05/2012

Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices:

• The shares of CRH Medical Corporation (TSXVN:CRM) will be removed from the S&P/TSX Venture Composite Index after the close of Wednesday, May 30, 2012. The company will graduate to trade on TSX under the new ticker symbol "CRH".

Jon Rymer Named Interim Inspector General

Date 30/05/2012

The Securities and Exchange Commission today announced that Jon T. Rymer will serve as Interim Inspector General until the Commission hires a permanent Inspector General. Mr. Rymer, who currently serves as Inspector General of the Federal Deposit Insurance Corporation, will continue his duties at the FDIC’s Office of Inspector General after starting at the SEC on May 30.

SEC Charges Phoenix-Based Investment Adviser And Firm With Fraud

Date 30/05/2012

The Securities and Exchange Commission today charged a Phoenix-based investment adviser and his firm for recommending investments without telling clients about his personal stake and exploiting a client who was buying an ownership share in the firm.

CFTC: Federal Court In New Jersey Orders Victor Eugene Cilli And His Company, Progressive Investment Funds LLC, To Pay Over $700,000 In Restitution And Penalty In Commodity Pool Ponzi Scheme - Cilli Also Pled Guilty To Related Fraud And Other Criminal Charges

Date 30/05/2012

The U.S. Commodity Futures Trading Commission (CFTC) has obtained a federal court consent order requiring defendants Victor Eugene Cilli and his company, Progressive Investment Funds LLC (Progressive), both formerly of Hackensack, N.J., to pay, jointly and severally, restitution of $243,000 and a $474,000 civil monetary penalty in connection with operating a commodity pool Ponzi scheme that defrauded investors of over $500,000 and misappropriated investor funds (see CFTC Press Release 6053-11, June 15, 2011).

Warsaw Stock Exchange Starts To Calculate Regional Stock Index WIG-CEE

Date 30/05/2012

• WSE calculates and publishes WIG-CEE index as of 30 May 2012.
• WIG-CEE is a testimony to a growing number of regional issuers and a part of the strategy strengthening the WSE’s position as the CEE financial hub.