News Centre

Federal Court Orders CFTC Defendant Larry Benny Groover To Pay $2.69 Million For Defrauding Customers In Forex Ponzi Scheme

Date 05/01/2012

The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court consent order requiring CFTC defendant Larry Benny Groover of Gunter, Texas, to pay a total of $2.69 million in restitution and a civil monetary penalty for defrauding customers and misappropriating funds in a foreign currency (forex) Ponzi scheme (see CFTC Press Release 5986-11, February 17, 2011).

NYSE Euronext #1 Globally In IPO Proceeds Raised In 2011

Date 05/01/2012

• NYSE Euronext Remains Market Leader in U.S. IPOs and Proceeds Raised in 2011
• NYSE Euronext European markets listed 44 new companies, with 38 SMEs
• For 2012, over 120 new transactions expected in the IPO pipeline

OneChicago Announces Trading Volumes for December 2011

Date 05/01/2012

• Contracts on the equity finance exchange for the fourth quarter of 2011 increased 4% versus fourth quarter 2010
• EFPs and blocks in December up 43% as compared to November 2011

Direct Edge Regulatory Notice #12-01: Market Making Rules And Obligations

Date 05/01/2012

Introduction

This Regulatory Notice (the “Notice”) serves to inform Members of EDGA Exchange and EDGX Exchange (together, the “Exchanges”) that the Exchanges’ rule filings on market making were approved by the Securities and Exchange Commission.

TMX Top 20 Largest - Consolidated Short Position Report – Highlights - December 31, 2011

Date 05/01/2012

Please find below the Top 20 Largest Consolidated Short Position Report Highlights. The report is produced twice monthly, effective the 15th and the end of each month. The report below covers the 2-week period ending December 31, 2011.

Direct Edge Market Maker Program Launching On January 17, 2012

Date 05/01/2012

Overview

Direct Edge is pleased to announce that we have received Securities and Exchange Commission (SEC) approval to launch a Market Maker Program on EDGA Exchange and EDGX Exchange. The Direct Edge Market Maker Program will launch on Tuesday, January 17, 2012. We expect that this new Market Making program will deepen our liquidity and improve market quality for all investors.

Illinois Federal Court Imposes $140,000 Civil Monetary Penalty On Foreign Currency Firm, FXOpen Investments Inc., For Acting As An Unregistered Retail Foreign Exchange Dealer - Action Part Of CFTC’s Nationwide Sweep Against Foreign Currency Firms For Failure To Register Under The 2008 Farm Bill, The Dodd-Frank Act, And CFTC Regulations

Date 05/01/2012

The U.S. Commodity Futures Trading Commission (CFTC) has obtained a federal court consent order requiring defendant FXOpen Investments Inc. (FXOpen), a foreign firm, to pay a $140,000 civil monetary penalty to settle CFTC charges that it illegally solicited members of the public to engage in foreign currency (forex) transactions and operated as a Retail Foreign Exchange Dealer (RFED) without being registered with the CFTC (see CFTC Press Release 5974-11, January 26, 2011).

BM&FBOVESPA Recommends Listed Companies Publish A Sustainability Report Or Explain Why They Do Not - The Objective Of This Recommendation Is To Encourage Listed Companies To Report Information

Date 05/01/2012

BM&FBOVESPA is recommending that as of 2012 listed companies state in item 7.8 of the Reference Form (“Description of the company’s relevant long-term relationships not elsewhere described”) whether they publish a regular sustainability report and where it is available, or explain why not.

CFTC Commences 90-day Review Of NADEX’s Proposed Political Event Derivatives Contracts - Seeks Public Comment On The Proposed Contracts

Date 05/01/2012

The Commodity Futures Trading Commission (CFTC) on January 3, 2012, issued a letter informing the North American Derivatives Exchange (NADEX) that it has commenced a 90-day review of NADEX’s proposed political event derivatives contracts. The review is based on the possibility that these contracts may involve, among other issues, “gaming or an activity that is unlawful under any State or Federal law.”

SEC: Administrative Law Judge Robert G. Mahony Retires After 46 Years Of Federal Service

Date 05/01/2012

The Securities and Exchange Commission today announced that Administrative Law Judge Robert G. Mahony has retired from the federal government after 46 years of public service, including more than 14 years at the SEC.