News Centre

Exercise Of Options On Stocks Generates BRL 4.14 Billion On BM&FBOVESPA

Date 19/09/2011

BM&FBOVESPA announces that the exercise of options on stocks on Monday in the BOVESPA segment generated BRL 4.14 billion, of which BRL 3.04 billion in call options and BRL 1.01 billion in put options.

SEC Announces Roundtable On Microcap Securities

Date 19/09/2011

The Securities and Exchange Commission today announced that it will host a public roundtable next month to discuss the unique regulatory issues surrounding the execution, clearance, and settlement of microcap securities.

BATS 1000 Index Advances 5.2% This Week Consumer Services Sector, Up 6.7%, Leads Gains

Date 19/09/2011

BATS Global Markets, a global stock market operator, reports the BATS 1000^SM Index (Ticker: BATSK) rose 5.2% for the trading week ending September 16. The S&P 500 Index advanced 5.4% on the week.

Speech By SEC Commissioner Luis A. Aguilar: Statement At SEC Open Meeting: Prohibiting Firms From Designing Transactions To Fail

Date 19/09/2011

Today, the Commission considers a proposed rule designed to address the serious conflict of interest that results from a financial firm designing an asset-backed security, selling it to customers, and then betting on its failure.

SIFMA Statement On SEC Proposal To Implement Rules Related To Conflicts Of Interest For ABS

Date 19/09/2011

Richard Dorfman, managing director and head of SIFMA’s Securitization Group, today released the following statement on the SEC’s proposal to implement rules related to conflicts of interest under Section 621 of the Dodd-Frank Act:

“SIFMA stands by the letter it issued in December 2010.  The Commission should issue rules implementing Section 621 that do not create unnecessary or prohibitive restrictions on the asset-backed securitization (ABS) markets, such as restricting industry practices that are fundamental to the issuance of ABS, and that will not be detrimental to the healthy functioning of the securitization markets, which are an integral part of the United States capital markets.”

Speech By SEC Commissioner Troy A. Paredes: Statement At Open Meeting To Propose Rule Amendments To Prohibit Conflicts Of Interest In Certain Securitizations

Date 19/09/2011

Thank you, Chairman Schapiro.

In accordance with Section 621 of Dodd-Frank, which adds new Section 27B to the Securities Act, the Commission is advancing the proposal before us to prohibit certain material conflicts of interest relating to certain securitizations. Even though the Commission is acting pursuant to Section 621 of Dodd-Frank, it is important to recognize that room still exists for the SEC to exercise discretion in fashioning the rules implementing the statute.

SIFMA Applauds DOL Decision To Re-Propose Fiduciary Definition Rule

Date 19/09/2011

SIFMA today released the following statement from Ken Bentsen, executive vice president of public policy and advocacy regarding the Department of Labor’s decision to re-propose its rule on the definition of a fiduciary under the Employee Retirement Income Security Act.

Speech By SEC Chairman Mary Schapiro: Opening Statement At SEC Open Meeting — Conflicts Of Interest Relating To Certain Securitizations

Date 19/09/2011

Good Morning. This is an open meeting of the U.S. Securities and Exchange Commission on Sept. 19, 2011.

Semi-Annual Changes To The NASDAQ OMX Clean Edge Smart Grid Infrastructure Index

Date 19/09/2011

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and Clean Edge, Inc. announced today the results of the semi-annual evaluation of the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index (Nasdaq:QGRD), which will become effective with the market open today.

SEC Proposes Rule To Prohibit Conflicts Of Interest In Certain Asset-Backed Securities Transactions

Date 19/09/2011

The Securities and Exchange Commission today voted unanimously to propose a rule intended to prohibit certain material conflicts of interest between those who package and sell asset-backed securities (ABS) and those who invest in them.