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Ibovespa Sets New Record Closing December 11 At 43,297 Points
Date 13/12/2006
The benchmark Ibovespa stock index ended the day up 0.74% at 43,297 points, the highest close since December 5, when it reached 43,157 points. The value traded in the session amounted to BRL 2.3 billion.
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SEC Votes To Jointly Issue With The Board Of Governors Of The Federal Reserve System Rules For Comment To Implement Bank Broker Provisions - SEC Issues Companion Proposal Concerning Bank Dealer Activities And Order Extending Temporary Exemption For Banks
Date 13/12/2006
After consulting with and seeking the concurrence of the Federal banking agencies, the Commission today voted to publish for public comment, jointly with the Board of Governors of the Federal Reserve System (Board), rules to implement the bank broker provisions of the Securities Exchange Act of 1934. The Board will consider the proposal at its Dec. 18, 2006, meeting.
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The NYSE Composite Index® Sets New Closing High
Date 13/12/2006
The NYSE Composite Index® (NYA) closed today at a new high of 9082.10. The previous closing high for the NYA was 9065.63 on Dec. 5.
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Statement from NASDAQ's Bob Greifeld Regarding SEC Proposed Changes To Section 404 Of The Sarbanes Oxley Act
Date 13/12/2006
The Nasdaq Stock Market, Inc. (NASDAQ®: NDAQ) today released the following statement from Bob Greifeld, president and chief executive officer of NASDAQ: "We welcome the important changes proposed by the SEC today. I believe the proposed rules will allow companies to focus on the most important aspects of internal controls and financial reporting, while removing unnecessary expense. In doing so, it addresses some of the key Section 404 issues that created a perception gap with regar
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NYSE Regulation, Inc. Announces Disciplinary Actions Against Seven Firms, Eight Individuals
Date 13/12/2006
This is NYSE Regulation, Inc.'s Disciplinary Actions announcement for December 2006.
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NASDAQ Announces November Market Performance Statistics
Date 13/12/2006
The Nasdaq Stock Market, Inc. (Nasdaq:NDAQ) today announced its consolidated market performance statistics for the NASDAQ Market Center, INET and Brut trading platforms for the month of November.
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CME Names VSA As Agency Of Record
Date 13/12/2006
CME, the world's largest and most diverse financial exchange, has named VSA Partners, Inc., a global branding and strategic marketing firm, as its agency of record. VSA will help develop CME's comprehensive brand identity and work with the company's marketing team to create an integrated marketing program that reflects CME's evolution and its enabling role in the world economy.
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NASD Fines Four Firms For Supervisory Failures Relating To Mutual Fund Sales Charge Waivers - Edward Jones, RBC Dain Rauscher, Royal Alliance, And Morgan Stanley To Pay An Estimated $43.8 Million In Remediation To Customers - Morgan Stanley Credited For T
Date 13/12/2006
NASD announced today that it has imposed fines totaling $850,000 against four firms - Edward D. Jones & Co., L.P. of St. Louis ($250,000), RBC Dain Rauscher Inc. of Minneapolis ($250,000), Royal Alliance Associates, Inc. of New York ($250,000), and Morgan Stanley DW Inc. of New York ($100,000) - for failing to have adequate supervisory systems and procedures to identify opportunities for investors to purchase Class A mutual fund shares at net asset value (NAV), or without a front-end sales charg
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SEC Approves CBOE'S New Portfolio Margining Rules To Benefit Customer Accounts
Date 13/12/2006
The Chicago Board Options Exchange (CBOE) announced today that the Securities and Exchange Commission (SEC) approved amendments to CBOE rules that allow for expanded portfolio margining for customer accounts.The effective date of the amendments is April 2, 2007.
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Oslo Børs: Press Release From The Stock Exchange Appeals Commitee (SINVEST)
Date 13/12/2006
At its meeting on 12 December 2006, the Stock Exchange Appeals Committee considered appeals from: Aban Singapore Pte Ltd and Aban 7 Pte Ltd (‘Aban’) First Securities ASA and (‘First’) ICICI Bank UK Limited (‘ICICI’)
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