News Centre

CalPERS Sees Double-Digit Gains In 2010

Date 20/01/2011

The California Public Employees’ Retirement System (CalPERS) said today that it earned a 12.5 percent net return on investments for the 2010 calendar year.

SIFMA Concerned With SEC Due Diligence Rules For Securitization

Date 20/01/2011

SIFMA today issued the following statement from Richard A. Dorfman, managing director and head of the SIFMA Securitization Group, on SEC Section 945: “SIFMA appreciates the efforts of the SEC to bring to a conclusion Section 945 rulemaking on due diligence. We remain concerned, however, with the expert liability issues which we raised in our comments to the SEC in November. Naming a third party conducting a due diligence review an ‘expert’ creates a liability associated with that

NYSE Euronext Global Index Group Announces 2010 Performance Of Indices - New Indices And Services Introduced

Date 20/01/2011

New Indices and Other Initiatives In Europe, the NYSE Euronext’s Global Index Group added seven new indices. These new indices included the NYSE Alternext OSEO Innovation Index®, which covers French small cap companies which have been identified as innovative. Several new indices were also introduced that support trading strategies around the main proprietary indices, CAC 40® Index; leverage and short offering three, four and five times exposure. 

Speech By SEC Commissioner Luis A. Aguilar: Effecting Real Due Diligence In The Asset-Backed Securities Markets

Date 20/01/2011

Good morning. We are adopting two sets of rules today that are designed to respond to some of the lessons learned in the financial crisis. The first set of rules relates to representations and warranties in the offering of asset-backed securities. These rules are a direct response to Congress’s direction that the Commission require that securitizers and NRSROs provide investors with more complete information concerning their investments.

U.S. Department Of The Treasury: Remarks By Assistant Secretary Charles Collyns On “The Transatlantic Relationship And The G-20” - The German Marshall Fund Of The United States

Date 20/01/2011

I would like to start by expressing my gratitude to the German Marshall Fund and to Bruegel for hosting this event and inviting me to speak on the topic of the Transatlantic Relationship and the G-20. This is the third occasion in my time at Treasury that I have benefited from the hospitality of these two fine European institutions, and the high level of discussion at their events has consistently impressed me.

Speech By SEC Commissioner Kathleen L. Casey: Statement Regarding Adopting Releases On Disclosure for Asset-Backed Securities Required By Section 943 Of The Dodd-Frank Act And Issuer Review Of Assets In Offerings Of Asset-Backed Securities

Date 20/01/2011

I join the Chairman in thanking the Staff of the Division of Corporation Finance and the other contributing Divisions and Offices for their work on the Adopting Releases before us today.

Opening Statement, Public Meeting On Proposed Rules Under Dodd-Frank Act - CFTC Commissioner Michael V. Dunn

Date 20/01/2011

Thank you all for joining us today for this important meeting regarding the implementation of the Dodd-Frank Act. Today’s meeting will address proposed rules regarding: Commodity Options and Agricultural Swaps; and Swap Trading Relationship Documentation Relating to Termination Provisions Implicated Under Title II of the Dodd-Frank Act

Speech By SEC Commissioner Troy A. Paredes: Statement Regarding Issuer Review Of Assets In Offerings Of Asset-Backed Securities

Date 20/01/2011

Thank you, Chairman Schapiro. I join my colleagues in thanking the staff — particularly those from the Division of Corporation Finance — for your hard work throughout this rulemaking.

Opening Statement, Tenth Series Of Proposed Rulemakings Under The Dodd-Frank Act - CFTC Commissioner Scott O’Malia

Date 20/01/2011

Today this commission will consider its tenth series of proposed rulemakings under the Dodd-Frank Act. It has become a familiar refrain in these open meetings to hear our Chairman point out the ever growing number of proposed regulations that we have put forward for comment or adopted as final. I continue to be grateful for the hard work that the staff here at the Commission is doing to produce all of these proposals at a punishing pace, including Sarah Josephson, John Lawton and their team

Speech By SEC Chairman Mary L. Schapiro: Opening Statement — SEC Open Meeting

Date 20/01/2011

Good morning. This is an open meeting of the U.S. Securities and Exchange Commission on January 20, 2011. Today, the Commission will consider adopting two sets of rules, both of which are designed to help revitalize the important asset-backed securities market by encouraging better disclosure for investors.