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CFTC Sanctions Bunge Global Markets, Inc. $550,000 For Entering Pre-Market Soybean Futures Orders On Globex That Caused Non-Bona Fide Prices To Be Reported - Bunge’s Orders Distorted Globex’s Indicative Opening Price For Soybean Futures contracts.

Date 22/03/2011

The U.S. Commodity Futures Trading Commission (CFTC) today filed and simultaneously settled charges against Bunge Global Markets, Inc. (Bunge) of White Plains, N.Y., for entering orders to purchase or sell soybean futures contracts in pre-opening trading sessions on Globex that Bunge had no intention of having executed. These orders caused prices to be reported that were not true and bona fide. The soybean futures orders also constituted false, misleading or knowingly inaccurate reports concerning soybean market information that affected or tended to affect the price of soybeans, in violation of the Commodity Exchange Act, the order finds.

Component Changes Made To Dow Jones Select Dividend Indexes

Date 22/03/2011

Dow Jones Indexes, a leading global index provider, today announced that Edison S.p.A. (Italy, Utilities, EDN.MI) will be removed from the Dow Jones EPAC Select Dividend and Dow Jones Global Select Dividend Indexes.

European Parliament: Green Light For Financial Watchdog Executive Directors

Date 22/03/2011

All three candidate executive directors of the EU's new financial watchdogs were given a green light by the Economic and Monetary Affairs Committee on Tuesday. The committee's recommendation now needs to be confirmed by Parliament as a whole, in a vote scheduled for Thursday 24 March.

Star Conference 2011 Of Borsa Italiana - STAR Celebrates Its 10 Year Anniversary

Date 22/03/2011

Today, Thursday 22 March, begins the tenth annual Borsa Italian Star Conference. The two-day event is made up of public conferences and one-to-one meetings, which takes place in Palazzo Mezzanotte in central Milan. This highly regarded and  well-establish diary event is a  ‘must-do’ diary date for both national and international investors.

Composition Of Tel Aviv Stock Exchange Corporate Bond Indices As Of April 3rd, 2011

Date 22/03/2011

FINRA Fines Southwest Securities, Inc. $650,000 For Compliance Failures That Permitted Correspondent Firm Cutler Securities To Cause A $6.3 Million Single-Day Loss Through Improper Short Sales - FINRA Also Expels Cutler Securities And Bars President

Date 22/03/2011

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Southwest Securities, Inc., of Dallas, $650,000 for deficiencies in due diligence, risk assessment and written supervisory procedures that permitted one of its correspondent firms, Cutler Securities, to create risk for Southwest through improper short sales. FINRA also required Southwest to designate a risk management officer to identify and manage the risks associated with its correspondent clearing services business. In addition, FINRA expelled Cutler Securities and barred its President, Glenn Cutler, for Cutler Securities' violative short selling.

SIFMA Comments To SEC On Proposed Amendments To Rule G-23

Date 22/03/2011

Today, SIFMA filed a letter to the Securities and Exchange Commission with comments relating to the proposed amendments to Rule G-23: Activities of Financial Advisors.  

NASDAQ OMX And National Association Of Corporate Directors Announce Unique Partnership

Date 22/03/2011

NASDAQ OMX (Nasdaq:NDAQ) today announced a unique partnership with the National Association of Corporate Directors (NACD) to provide corporate directors and board executives with NACD's leading suite of director education and board development programs.

Markit Launches Markit iTraxx SovX Latin America Index

Date 22/03/2011

Markit, a leading, global financial information services company, today announced the launch of the Markit iTraxx SovX Latin America index to complement its Markit iTraxx SovX family of sovereign credit default swap (CDS) indices.

Instinet's Analysis Of The Recent Market Hours Changes In Asia-Pacific - Asia-Pacific Market Hours Changes: A Distraction?

Date 22/03/2011

Lunch breaks on several Asia-Pacific exchanges are gettingshorter or going away altogether, resulting in a longer overalltrading day in Japan, Hong Kong and Singapore.