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  • SEC Blocks Attempt By Connecticut Fund Manager To Divert Funds From Petters Ponzi Scheme Victims

    Date 28/03/2011

    The Securities and Exchange Commission today announced it has obtained an emergency court order to halt an attempt by a Connecticut-based fund manager to divert to himself and others settlement funds intended for U.S. victims of a Ponzi scheme operated by Minnesota businessman Thomas Petters.

  • CalPERS Appoints Acting Chief Financial Officer

    Date 28/03/2011

    The California Public Employees’ Retirement System (CalPERS) today announced the appointment of Russell G. Fong as its Acting Chief Financial Officer (CFO), effective April 4. In this newly-established position Fong will be responsible for managing the financial processes for CalPERS, including budgeting, accounting, cash management, and financial planning and analysis. He will also oversee CalPERS Enterprise Risk Management projects.

  • U.S. Agencies Announce Consideration Of Risk Retention Notice Of Proposed Rulemaking

    Date 28/03/2011

    The staffs of the Office of the Comptroller of the Currency, the Federal Reserve, the Federal Deposit Insurance Corporation, the Securities and Exchange Commission, the Federal Housing Finance Agency, and the Department of Housing and Urban Development (together, the agencies) announced that the agencies this week are considering for approval a notice of proposed rulemaking that addresses section 941 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. All of the agencies participating in this joint rulemaking process are expected to consider the rule this week and a detailed announcement will be made when this process is complete. If approved, the agencies will publish in the Federal Register a notice of proposed rulemaking for public comment.

  • Standard & Poor's Announces Changes In The S&P/TSX Venture Composite Index

    Date 28/03/2011

    Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Monday, March 28, 2011:

    • Valley High Ventures Ltd. (TSXVN:VHV) will be removed from the index. The shares of the company have been acquired by Levon Resources Ltd. (TSXVN:LVN) through a Plan of Arrangement. 

  • CalPERS Board Elects Committee Chairs And Vice Chairs

    Date 28/03/2011

    The California Public Employees’ Retirement System (CalPERS) Board of Administration has elected the following chairs and vice chairs for key Board committees: