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  • FINRA: J.P. Turner Fined $250,000 For Failing To Supervise Commissions Charged On Stock Trades

    Date 29/10/2008

    The Financial Industry Regulatory Authority (FINRA) announced today that it has imposed a $250,000 fine against J.P. Turner & Company, LLC of Atlanta, GA, for failing to have an adequate supervisory system designed to ensure that its registered representatives charged customers fair and reasonable commissions on stock trades. 

  • New York Attorney General Cuomo Seeks Bonus Pool Information From Banks Receiving Federal Funds

    Date 29/10/2008

    In the letter, Cuomo demands detailed information regarding bonus pool allocations from the Boards of Directors of the nine banks. The Boards are also asked to explain what mechanisms they have put in place to protect taxpayer funds. A LETTER THAT WAS SENT TODAY TO THE FOLLOWING BANKS: Bank of America, Bank of New York Mellon,

  • SEC Conducts Largest-Ever Regional Training Program With Capital Markets Board Of Turkey

    Date 29/10/2008

    The Securities and Exchange Commission announced today that it has completed its largest regional training program ever, the Capital Market Development, Enforcement and Oversight Training Program, held in Istanbul, Turkey, from October 20 to 24. The five-day program, which was hosted and co-sponsored by the Capital Markets Board of Turkey (CMBT), included intensive training on methods for conducting investigations of insider trading, financial accounting fraud, market manipulation, pyramid schem

  • KCBT Wheat Daily Price Limit For Trade Date October 30, 2008 At 60 Cents

    Date 29/10/2008

    Price limits for KCBT hard red winter wheat futures are at 60 cents for trade date October 30, 2008 (effective with the October 29 evening session).

  • TMX Group Targets Liquidity With Reduced Equity Trading Fees

    Date 29/10/2008

    TMX Group Inc. (TSX:X) today announced a series of changes to its fee schedule for equity trading, as well as a new Electronic Liquidity Provider (ELP) incentive program for Toronto Stock Exchange (TSX). These changes are intended to enhance trading activity and liquidity on TSX and TSX Venture Exchange and to provide cost savings for all marketplace participants. "As Canada's primary source of liquidity for equities, we are focused on providing the trading community with a highly efficient mark