News Centre

CalPERS Seeks Majority Vote For Apple Director Elections

Date 03/02/2011

The California Public Employees’ Retirement System (CalPERS) is seeking shareowner support for its proposal to have unopposed board candidates of Apple Inc. elected by majority vote.

Retail Customer Focus Pays Off For BOX

Date 03/02/2011

The BOX Options Exchange announced today impressive progress as a result of its commitment to finding better value for its customers. In the month of January, price improved contracts increased to an average of 386,124 per day, easily breaking the previous all-time high set last November of 270,155.

TSX Block List Leaders - January 2011

Date 03/02/2011

Block Trade Summaries

TSX Block List Leaders^TM

Block trades are large trades with a volume of 10,000 shares or more and a value of $100,000 or more. The TSX Block List Leaders lists shows the top ten brokers chosen by their customers to execute these significant block trades on Toronto Stock Exchange. The leaders are measured by volume and value of blocks traded.

CFTC Sanctions New York Resident James M. Peister And His Company, Northstar International Group, Inc., More Than $11 Million To Settle CFTC Anti-Fraud Action

Date 03/02/2011

The U.S. Commodity Futures Trading Commission (CFTC) today filed and simultaneously settled charges that James M. Peister and his company, Northstar International Group, Inc. (Northstar), defrauded commodity pool participants by concealing trading losses and using participants’ funds to make payments to other participants and for business and personal expenses. Peister resides in St. James, N.Y., and Northstar is located in Oceanside, N.Y.

SEC Charges TD Ameritrade For Failing To Supervise Its Representatives Who Sold Shares Of The Reserve Yield Plus Fund

Date 03/02/2011

The Securities and Exchange Commission today charged TD Ameritrade Inc. for failing to reasonably supervise its registered representatives, some of whom misled customers when selling shares of the Reserve Yield Plus Fund, a mutual fund that "broke the buck" in September 2008.

Ronald Yank Joins CalPERS Board

Date 03/02/2011

Ronald Yank became an ex officio member of the CalPERS Board of Administration upon his appointment by Governor Jerry Brown as Director of the Department of Personnel Administration on January 5, 2011.

SEC Charges AXA Rosenberg Entities For Concealing Error In Quantitative Investment Model - Firms Agree To Pay More Than $240 Million To Settle SEC Charges

Date 03/02/2011

The Securities and Exchange Commission today charged three AXA Rosenberg entities with securities fraud for concealing a significant error in the computer code of the quantitative investment model that they use to manage client assets. The error caused $217 million in investor losses.

European Parliament: Sustained Commitment Needed For Financial Watchdogs To Succeed

Date 03/02/2011

MEPs on Wednesday night sought to extract firm commitments from the Member States and the Commission that they would respect the spirit and not only the rules of the deal hammered out in September to establish new EU financial watchdogs.  

SEC Brings Expert Network Insider Trading Charges - Moonlighting Employees Passed Company Secrets To Hedge Funds And Others

Date 03/02/2011

The Securities and Exchange Commission today charged six expert network consultants and employees with insider trading for illegally tipping hedge funds and other investors to generate nearly $6 million in illicit gains. The charges stem from the SEC's ongoing investigation into the activities of expert networks that purport to provide professional investment research to their clients.

Program Trading Averaged 26.0 Percent Of NYSE Volume During Jan. 24-28

Date 03/02/2011

The New York Stock Exchange, a subsidiary of NYSE Euronext (NYX), today released its weekly program-trading data compiled from member firms’ executed volume from NYSE’s orders database.   The report includes trading on the NYSE for Jan. 24-28.