FTSE Mondo Visione Exchanges Index:

News Centre

News

SEC Approves Amended Order Requiring Reporting Of Short Positions By Certain Investment Managers

Date 21/09/2008

The U.S. Securities and Exchange Commission today approved amendments to its emergency order of September 18 (Release No. 58591) requiring that certain institutional money managers report their new short sales of certain publicly traded securities.
ASIC: Covered Short Selling Not Permitted

Date 21/09/2008

The Australian Securities and Investments Commission (ASIC), along with other global regulators, is concerned that the recent market global conditions, coupled with extensive short selling of stocks, particularly financial stocks, may be causing unwarranted price fluctuations. These fluctuations if unchecked, threaten the operation of fair and orderly stock markets.
The Authority For The Financial Markets (AFM) And De Nederlandsche Bank N.V.: Ban On Naked Short Selling

Date 21/09/2008

The Authority for the Financial Markets (AFM) and De Nederlandsche Bank N.V. (DNB; Dutch Central Bank) hereby acknowledge that in view of the exceptional market conditions and after consultations between the AFM and the other supervisors responsible for supervision of Euronext, the AFM announces that it will take measures concerning the naked short selling of shares issued by financial companies.
Proposed US Treasury Authority To Purchase Troubled Assets

Date 20/09/2008

The Treasury Department has submitted legislation to the Congress requesting authority to purchase troubled assets from financial institutions in order to promote market stability, and help protect American families and the US economy. This program is intended to fundamentally and comprehensively address the root cause of our financial system's stresses by removing distressed assets from the financial system. When the financial system works as it should, money and capital flow to and from househ
Statement Of SEC Division Of Trading And Markets Regarding The Protection Of Customer Assets

Date 20/09/2008

The Securities and Exchange Commission's Division of Trading and Markets today issued the following statement: In recent days, Securities and Exchange Commission staff have received a number of questions from investors regarding the protection of their assets held by broker-dealers. Customers of U.S. registered broker-dealers benefit from the extensive protections provided by the Commission rules, including the Customer Protection Rule, as well as p

SEC Acts To Support Swift Court Approval Of Barclays Acquisition Of Lehman Brothers, Inc. - Decision Assures Quick And Orderly Transfer Of Customer Accounts

Date 20/09/2008

Securities and Exchange Commission Chairman Christopher Cox announced that U.S. Bankruptcy Court Judge James M. Peck this morning approved the sale of substantially all of the assets of Lehman Brothers, Inc., to Barclays Capital. The court’s approval, just days after Lehman’s parent company filed for bankruptcy, brings immediate and significant benefits to Lehman’s brokerage customers and the capital markets.
SIFMA Welcomes Sec. Paulson’s Comprehensive Proposal To Relieve Stress On The Financial Markets & Restore Investor Confidence

Date 19/09/2008

T. Timothy Ryan, Jr., president & CEO of the Securities Industry and Financial Markets Association (SIFMA), commented on today’s announcement of a new Treasury comprehensive approach to address current market conditions:“To date, Secretary Paulson and Chairman Bernanke have made some incredibly smart and tough decisions, but it is becoming clear that our markets need a comprehensive approach to address the current conditions. Today Secretary Paulson laid out such an approach and it
CalPERS Taps Cooperative Personnel Services For CEO Recruitment

Date 19/09/2008

The Board of Administration of the California Public Employees’ Retirement System (CalPERS) has chosen Cooperative Personnel Services (CPS) to help recruit a new Chief Executive Officer (CEO) for the $220 billion pension fund.
CFTC Update On Efforts Underway To Oversee Markets

Date 19/09/2008

Today, on behalf of the Commission, CFTC Acting Chairman Walt Lukken made the following statement: “These are extraordinary times in the financial markets. The CFTC continues to coordinate closely with our sister regulators in the U.S. and overseas to ensure that futures customers are protected under the commodity futures laws and to facilitate the continued functioning of the commodity futures and options markets during this challenging time. The agency applauds the steps being t
SEC Expands Sweeping Investigation Of Market Manipulation - Measure Will Require Statements Under Oath By Market Participants

Date 19/09/2008

The Securities and Exchange Commission today announced a sweeping expansion of its ongoing investigation into possible market manipulation in the securities of certain financial institutions. The expanded investigation will include obtaining statements under oath from market participants.