News Centre

SIFMA Statement On Senate Banking Hearing On State Of Securitization Markets

Date 18/05/2011

SIFMA today issued the following statement from Ken Bentsen, executive vice president, public policy and advocacy, on the Senate Banking Subcommittee’s hearing on the state of the securitization markets:     

“SIFMA welcomes the Senate Banking Subcommittee on Securities, Insurance and Investment holding a hearing on the state of the securitization markets. Securitization has been a crucial financing tool for providing credit to every sector of the general economy, yet the market continues to be hampered by a lack of investor confidence and overall uncertainty surrounding the future of the system. It is essential that this market sector be revitalized, as it is a vital source of affordable credit for consumers and small businesses.  

Speech By SEC Chairman Mary Schapiro: Opening Statement At SEC Open Meeting

Date 18/05/2011

Good morning. This is an Open Meeting of the Securities and Exchange Commission on May 18, 2011. Today, we will consider proposing rules that are intended to strengthen the integrity and improve the transparency of credit ratings.

Qatar Exchange Announces Successful Implementation Of Final Phase of Delivery Vs Payment (DvP) Post-Trade Mechanism.

Date 18/05/2011

Qatar Exchange announced on May 16^th, 2011 that it has successfully completed the introduction of the full DVP mechanism, following the first phase, which went live on April 11th 2011. The market has now processed trades for a full week under the new DVP environment, with great operational success.

Toronto Stock Exchange, TSX Venture Exchange And Montreal Exchange Closed For Victoria Day

Date 18/05/2011

Toronto Stock Exchange, TSX Venture Exchange and Montreal Exchange will be closed for the Victoria Day holiday on Monday, May 23, 2011. Natural Gas Exchange will remain open for regular trading.

Abu Dhabi Securities Exchange Concludes Registrar Agreement With Private Joint-Stock Company Tasweek

Date 18/05/2011

The Abu Dhabi Securities Exchange (ADX) and Tasweek Real Estate Marketing and Development, a premier provider of comprehensive solutions in the real estate development industry, have concluded a Registrar Agreement at the ADX Headquarters. The signing was attended by Rashid Al Balloushi, Deputy CEO and Director of Operations at ADX, and TASWEEK Chairman Mohammed Fahed Al Muhairi and CEO Masood Al Awar as well as officials from both parties.

DIFC Encounters Strong Interest In Second Stage Of Global Drive To Attract New Business

Date 18/05/2011

• Second stage involved strengthening existing relationships and building new ones with companies in the United States and Brazil
• Target sectors included Insurance, Banking, Funds Management, Professional services, and Multinational corporations
• Next stage involves meetings in China, South Korea, Malaysia and Brunei later this month

SEC Proposes Rules To Increase Transparency And Improve Integrity Of Credit Ratings

Date 18/05/2011

Today’s proposal is designed to implement provisions of the Dodd-Frank Act regarding “Improvements to the Regulation of Credit Rating Agencies.” It also continues our own efforts to strengthen our oversight of nationally recognized statistical rating organizations (NRSROs), to improve the quality of their ratings, to reduce the conflicts of interest in their business models, and to increase the transparency of ratings methodologies and the performance of ratings over time.

NYSE Euronext Lists Commerzbank Certificates On Portuguese Government Bonds - Innovative Product Facilitates Access To Portuguese Public Debt

Date 18/05/2011

NYSE Euronext Lisbon lists from today Certificates on Government Bonds (“Certificados OT”), an innovative product issued by Commerzbank.

ESMA Issues Guidelines On Endorsement And Clarifies The Use For Regulatory Purposes Of Credit Ratings Issued Outside The European Union After 6 June 2011

Date 18/05/2011

ESMA issues today its Guidelines on endorsement (ESMA/2011/139) in a Final Report, including a Feedback Statement.

Warsaw Stock Exchange: Three Debut Listings On Three Markets, Once Again

Date 18/05/2011

Today, once again, new issuers have been listed on three WSE markets: the Main List, the alternative stock market NewConnect, and the bond market Catalyst