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Actively Managed Canadian Equity Funds Lag Indices In Q1 2006, Says S&P - Less Than 1 In 3 Actively Managed Canadian Equity Funds Outperformed The S&P/TSX Composite Index In Q1 2006.

Date 17/05/2006

Actively managed mutual funds in the Canadian and U.S. equity categories lagged their respective benchmarks (the S&P/TSX Composite Index and S&P 500 Index) in the first quarter of 2006, Standard & Poor’s said today. According to the Standard & Poor’s Indices Versus Active Funds Scorecard (SPIVA) for Canada, the S&P/TSX Composite Index outperformed 69.8% of actively managed Canadian equity funds through March, while the S&P 500 Index (measured in Canadian dollars) outperformed 61.4% of U.S. equit
UK's Financial Services & Markets Tribunal Decision - Paul Davidson & Ashley Tatham

Date 16/05/2006

The Financial Services & Markets Tribunal has reached its judgment in respect of the Financial Service Authority's (FSA) case against Mr Davidson and Mr Tatham. The FSA received the tribunal's decision late this afternoon. It is a long and complicated judgment which is currently being studied by the FSA. If necessary the FSA will comment subsequently on the decision.
U.S-Vietnam Reach Bilateral Terms For WTO Accession Financial Services Markets To Benefit

Date 16/05/2006

The Securities Industry Association (SIA) today applauded that the U.S. and Vietnam reached agreement in principle on bilateral terms that will help pave the way for Vietnam’s accession to the World Trade Organization (WTO).
TSX Group - Victoria Day Holiday Closures

Date 16/05/2006

Both Toronto Stock Exchange and TSX Venture Exchange will be closed for the Victoria Day holiday on Monday, May 22. Both exchanges will re-open for business on Tuesday, May 23, 2006.
Thai Depository Offers One-Stop Back-Office Service For Bonds

Date 16/05/2006

Thailand Securities Depository Co. Ltd. (TSD) is now ready to become the depository center and clearinghouse for bonds, to add to the full back-office service for stocks and derivatives it already provides. Additionally, TSD will serve as a central collateral management unit for the private repurchase (repo) market.

Tenaris Will Replace Banca Nazionale Del Lavoro In The S&P/MIB Index

Date 16/05/2006

Standard & Poor’s will make the following changes in the S&P/MIB Index, effective at the open of business, Friday 19 May 2006: Tenaris, (Italy, ISIN LU0156801721) will replace Banca Nazionale del Lavoro (Italy, ISIN IT0001254884) in the S&P/MIB Index, following the results of the Public Tender Offer launched on Banca Nazionale del Lavoro ordinary shares.
SWX Swiss Exchange: New Value (NEWN) Opens At CHF 18.50

Date 16/05/2006

Shares in Swiss-based New Value were traded in the SWX Swiss Exchange's investment company segment for the first time today. The issue price was set at CHF 18.25. The opening price on the SWX stood at CHF 18.50, corresponding to a market capitalisation of CHF 60.8 million.
STOXX Changes Composition Of European Benchmark Indexes - Second Regular Quarterly Review To Be Effective On June 19, 2006

Date 16/05/2006

STOXX, Ltd. today announced changes in the composition of the Dow Jones STOXX Global 1800 Index, the Dow Jones STOXX Total Market Index, the Dow Jones STOXX 600 Index and its sector indexes, the Dow Jones EU Enlarged Total Market Index and the Dow Jones STOXX Football Index.
Standard & Poor’s Announces Changes In The S&P/TSX Venture Composite

Date 16/05/2006

Standard & Poor’s will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Tuesday May 16, 2006: Oracle Energy Corp. (TSXVN:OCL), China Education Resources Inc. (TSXVN:CHN) and Chesapeake Gold Corp. (TSXVN:CKG) will be removed from the index. The three companies have been suspended from trading on the TSX Venture Exchange for five consecutive trading days and are being removed according to index methodology.
Speech By SEC Staff: Remarks Before The 13th XBRL International Conference

Date 16/05/2006

R. Corey Booth Chief Information Officer and Director Office of Information Technology U.S. Securities and Exchange Commission Madrid, Spain May 16, 2006 The Securities and Exchange Commission, as a matter of policy, disclaims responsibility for any private publication or statement by any of its employe