News Centre

NYSE Amex Issues Short Interest Report

Date 09/02/2012

NYSE Amex (formerly known as NYSE Alternext US) today reported short interest as of the close of business on the settlement date of January 31, 2012.

CFTC Issues Final Rule Amending Registration And Compliance Obligations For Commodity Pool Operators And Commodity Trading Advisors - Also Issues A Proposed Rule To Harmonize Compliance Obligations For Registered Investment Companies Required To Register As Commodity Pool Operators

Date 09/02/2012

The Commodity Futures Trading Commission (CFTC) today issued a final rule regarding changes to Part 4 of the Commission’s regulations involving registration and compliance obligations for commodity pool operators (CPO) and commodity trading advisors (CTA). The rule increases transparency to the CFTC of CPOs and CTAs acting in the futures and swaps markets and enhances protections for their customers. The rule passed 4-1, with Chairman Gensler, and Commissioners Chilton, O’Malia and Wetjen voting in favor and Commissioner Sommers voting against the final rule. The rule, which was first proposed on January 26, 2011, will be effective 60 days after publication in the Federal Register.

NASDAQ Announces End-Of-Month Open Short Interest Positions in NASDAQ Stocks As Of Settlement Date January 31, 2012

Date 09/02/2012

At the end of the settlement date of January 31, 2012, short interest in 2,261 NASDAQ Global Market^SM securities totaled 6,414,407,342 shares compared with 6,699,994,804 shares in 2,267 Global Market issues reported for the prior settlement date of January 13, 2012. The end-of-January short interest represents 3.64 days average daily NASDAQ Global Market share volume for the reporting period, compared with 5.31 days for the prior reporting period.

Statement Of Concurrence, Harmonization Of Compliance Obligations For Registered Investment Companies Required To Register As Commodity Pool Operators, CFTC Commissioner Jill E. Sommers

Date 09/02/2012

The final rules amending the Commission’s Part 4 regulations adopted today will require, among other things, that investment advisors of certain registered investment companies register as CPOs and operate under a dual SEC/CFTC regulatory regime. As explained in my dissent to the final rules, I could have supported a version of the rules that would have achieved the regulatory objectives outlined by the NFA in its August 18, 2010 petition to amend Rule 4.5. While I opposed the version of the rules the Commission ultimately adopted, having finalized them I support the Commission’s effort to harmonize the resulting compliance obligations. Dually registered entities should not be subject to duplicative, inconsistent, or conflicting requirements. The proposed rules, if finalized in their current form, would not achieve true harmonization. I urge those affected by the rules to submit detailed comment letters, with a focus on the costs and benefits of the rules as proposed and any suggested alternatives.

Slide Presentation (PDF): SEC Staff Review Of Common Financial Reporting Issues Facing Smaller Issuers, PCAOB Forums On Auditing In The Small Business Environment

Date 09/02/2012

CFTC Chairman Gary Gensler: Statements Of Support, Amendments To Compliance Obligations And Harmonization Proposal

Date 09/02/2012

I support the final rule increasing the transparency to regulators of commodity pool operators (CPOs) and commodity trading advisors (CTAs) acting in the derivatives marketplace – for both futures and swaps.  This rule reinstates the regulatory requirements in place prior to 2003 for registered investment companies that trade over a de minimis amount in commodities or market themselves as commodity funds.  This rule enhances transparency in a number of ways and increases customer protections through amendments to the compliance obligations for CPOs and CTAs.

SEC Charges Former Pharmaceutical Company Employee With Insider Trading On Biotech Deals

Date 09/02/2012

The Securities and Exchange Commission today charged that a former employee of  Takeda Pharmaceuticals International, Inc. traded on inside information about  the Japanese firm’s business alliances and corporate acquisitions.

CFTC Commissioner Jill E. Sommers: Dissenting Statement, Commodity Pool Operators And Commodity Trading Advisors: Amendments To Compliance Obligations

Date 09/02/2012

The amendments to the Commission’s Part 4 regulations we are adopting with these final rules were prompted by a petition from the NFA seeking to reinstate certain operating restrictions that were in place prior to 2003 for entities excluded from the definition of CPO under § 4.5.  Had we limited the amendments to address the issues raised by the NFA’s petition, we could have met our regulatory objectives without disrupting a significant number of business structures.  I would have supported such an approach.  As it is, we have gone far beyond what was needed to resolve NFA’s concerns and I must dissent.

Borsa Italiana Monthly Update January 2012

Date 09/02/2012

Program Trading Averaged 32.2 Percent Of NYSE Volume During Jan. 30-Feb. 3

Date 09/02/2012

The New York Stock Exchange, a subsidiary of NYSE Euronext (NYX), today released its weekly program-trading data compiled from member firms' executed volume from NYSE's orders database. The report includes trading on the NYSE for Jan. 30-Feb. 3.