News Centre

BlackRock Launches The iShares COLCAP Exchange Traded Fund In Colombia - Firm Brings The First ETF To Colombian Investors

Date 26/07/2011

BLACKROCK , the largest asset manager in the world, officially introduced to the Colombian market its first Exchange Traded Fund,  iShares COLCAP, which invests in the 20 most liquid and largest stocks of the Colombian Stock Exchange that comprise the COLCAP index. The ETF was developed by BlackRock under its iShares brand, with the participation of CitiTRUST as the Fund’s Management Company. The Fund is based on the COLCAP index, developed and managed by the BVC.

Speech By SEC Chairman Mary Schapiro: Opening Statement At SEC Open Meeting: Item 2 — Security Ratings

Date 26/07/2011

Next, we will consider adopting rules that would replace credit ratings as a condition for companies seeking short-form registration when registering certain securities for public sale. If a company qualifies for short-form registration, it can offer its securities “off the shelf” — which is an expedited process for offering securities.

SIFMA Believes DOL Revision To The Term “Fiduciary” Must Be Withdrawn, Reproposed

Date 26/07/2011

In testimony today before the House Education & Workforce Committee, SIFMA executive vice president for public policy and advocacy Ken Bentsen outlined SIFMA’s views on the Department of Labor’s proposal to redefine the term “fiduciary” under the Employee Retirement Income Security Act of 1974 (ERISA), effectively changing 35 years of established regulatory certainty. 

FINRA Fines Suntrust Robinson Humphrey, Suntrust Investment Services A Total Of $5 Million For Auction Rate Securities Violations

Date 26/07/2011

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined SunTrust Robinson Humphrey, Inc. (SunTrust RH) and SunTrust Investment Services, Inc. (SunTrust IS) for violations related to the sale of auction rate securities (ARS).

Speech By SEC Chairman Mary Schapiro: Opening Statement At SEC Open Meeting: Item 1 — Large Trader Reporting

Date 26/07/2011

Good morning. This is an Open Meeting of the Securities and Exchange Commission on July 26, 2011.

Exponential-E To Connect To BME London Hubs

Date 26/07/2011

BME, the Spanish Exchange, announced today that Exponential-e, the specialist provider of fully managed end to end Ethernet solutions and access provider to a number of leading financial exchanges, will provide connectivity to its two hubs in London.

July 2011 “Market’s Measure” - Preliminary Report - A Monthly Report From Dow Jones Indexes On The Performance Of U.S., European, Asia And Other Global Stock Market Indexes

Date 26/07/2011

• Dow Jones Industrial Average Posts 1.44% Gain in July, European Stocks Lose 1.68%, Asia Rises 0.95% and World Equities Rise by 2.19% 
• Oil & Gas Sector Posts Biggest Gain for July in U.S.
• Financials Sector Takes the Hardest Hit for July in Europe 

Direct Edge To Begin Charging Membership-Related Fees

Date 26/07/2011

On September 1, 2011, pending SEC approval, Direct Edge will begin charging a series of membership-related fees. As an operator of two U.S. registered securities exchanges, Direct Edge is responsible for compliance with increased regulatory obligations and with those responsibilities, increased costs. 

ESMA Publishes Letter To EFRAG Regarding Their Draft Comment Letter To The IFRS Foundation (Ref: 2011/213)

Date 26/07/2011

Please  click here, to view  the document.

International Securities Exchange Completes Successful Rollout Of Optimise - Lower Latency And Enhanced Functionality Position ISE For Future Growth

Date 26/07/2011

The International Securities Exchange (ISE) announced today that it has completed the rollout of its new trading system based on Deutsche Börse Group's OptimiseTM  trading architecture.