News Centre

Maple Group Comments On ISS Recommendation To TMX Group Shareholders

Date 23/06/2011

Maple Group Acquisition Corporation ("Maple"), a corporation whose investors comprise 13 of Canada’s leading financial institutions and pension funds, today commented on the recommendation made by Institutional Shareholder Services Inc. (“ISS”) to its clients regarding the proposed takeover of TMX Group by London Stock Exchange Group plc (“LSE”).

CFTC Announces Members Of The Technology Advisory Subcommittee On Data Standardization - Subcommittee Will Look Into Public/Private Solutions For Creating Well-Accepted Standards For Describing, Communicating, And Storing Data On Complex Financial Products

Date 23/06/2011

The Commodity Futures Trading Commission (CFTC) has selected the members of the Subcommittee on Data Standardization, a new Subcommittee of the CFTC’s Technology Advisory Committee. The Subcommittee will report its recommendations to the full Technology Advisory Committee.

Speech By SEC Commissioner Elisse B. Walter: Opening Statement At SEC Open Meeting: (1) Rules Implementing Amendments To The Advisers Act Of 1940 (Final Rules); (2) Exemptions For Advisers To Venture Capital Funds, Private Fund Advisers With Less Than $150 Million In Assets Under Management, And Foreign Private Advisers (Final Rules)

Date 23/06/2011

I would like to thank the staff of the Division of Investment Management, and the other divisions and offices who have worked on the recommendations before us this morning. I know that your names have been mentioned already, but I wanted to make sure to echo the appreciation expressed by my colleagues. I would also like to welcome Craig Lewis, as the new Chief Economist and Director of RiskFin.

Component Changes Made To Dow Jones Summer/Winter Games Index

Date 23/06/2011

Dow Jones Indexes, a leading global index provider, today announced component changes in theDow Jones Summer/Winter Games Index.

Speech By SEC Commissioner Troy A. Paredes: Statement At Open Meeting To Adopt Final Rules Regarding Exemptions For Advisers To Venture Capital Funds, Private Fund Advisers With Less Than $150 Million In Assets Under Management, And Foreign Private Advisers And Final Rules Implementing Amendments To The Investment Advisers Act Of 1940

Date 23/06/2011

Thank you, Chairman Schapiro.

I, too, join my colleagues in thanking the staff – particularly those from the Division of Investment Management – for your dedicated efforts on these rulemakings.

SIFMA Market Close Recommendations For The US Independence Day Holiday In The US, the UK And The Japanese Markets

Date 23/06/2011

In observance of the US Independence Day holiday, SIFMA made holiday recommendations  in the US, the UK and Japan.

Speech By SEC Commissioner Troy A. Paredes: Statement At Open Meeting To Adopt A Final Rule Excluding A "Family Office" From The Definition Of "Investment Adviser"

Date 23/06/2011

Thank you, Chairman Schapiro.

By excluding a “family office” from the definition of “investment adviser,” Section 409 of the Dodd-Frank Act works to exempt “family offices” from the Investment Advisers Act. Dodd-Frank directs the Commission to define “family office” for purposes of the new family office exclusion from “investment adviser.” The recommendation before us is to do just that: to adopt a final rule to define “family office.”

SIFMA Submits Supportive, Constructive Comments On Limit Up-Limit Down Proposal

Date 23/06/2011

SIFMA submitted supportive and constructive comments to the Securities and Exchange Commission regarding a proposed plan submitted by various self-regulatory organizations (SROs) to address issues of extreme market volatility experienced in the May 6, 2010 market disruption commonly referred to as the Flash Crash.

Speech By SEC Commissioner Luis A. Aguilar: “Moving From Proposal To Implementation: The Changing Adviser Landscape”

Date 23/06/2011

Today, the Commission considers rules that give effect to provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”).

IMF Consultations On Managing Sovereign Risk And Public Debt Consider New Directions For Debt Management In Light Of The Crisis and Principles For Portfolio Stress Testing

Date 23/06/2011

On June 22-23, the International Monetary Fund (IMF) held its annual consultations on managing public debt “Legacy of the Crisis: Long Term Implications for Managing Sovereign Risk, Government Balance Sheets, and Debt Management”. The event held in Seoul, Republic of Korea, was co-hosted by the Ministry of Strategy and Finance of the Republic of Korea.