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  • Standard & Poor's Announces Changes In The S&P/TSX Venture Composite Index

    Date 27/02/2006

    Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Monday, February 27, 2006: NEMI Northern Energy & Mining Inc. (TSXVN:NNE.A) will be removed from the index. The company will graduate to the TSX to trade under the same ticker symbol at the opening of trading on March 1, 2006. Newmex Minerals Inc. (TSXVN:NMM) will change its name to Pearl Exploration and Production Ltd. The company will trade under the new t

  • Standard & Poor's Announces Changes In S&P/TSX Canadian Indices

    Date 27/02/2006

    Standard & Poor's Canadian Index Operations announces the following index changes effective after the close of business on Tuesday, February 28, 2006: Hudson's Bay Company (TSX:HBC) will be removed from the S&P/TSX Composite and Capped Composite, the S&P/TSX MidCap and Equity MidCap, the S&P/TSX Equity and Capped Equity, the Provisional S&P/TSX Composite, the Provisional S&P/TSX MidCap and the S&P/TSX Capped Consumer Discretionary Indices. RioCan REIT (TSX:REI.UN) will replace Huds

  • Securities Industry Association: Industry Cost Of Compliance Increasing Dramatically

    Date 27/02/2006

    The Securities Industry Association (SIA) today released a study entitled The Costs of Compliance in the U.S. Securities Industry which found that compliance costs have nearly doubled in the past three years.

  • SEC: Martin Dunn Named Acting Director Of Division Of Corporation Finance

    Date 27/02/2006

    Securities and Exchange Commission Chairman Christopher Cox has designated Martin P. Dunn to serve as Acting Director of the Division of Corporation Finance. Mr. Dunn has served as Deputy Director of the Division of Corporation Finance since 2002. Prior to that time, Mr. Dunn served in a number of senior positions in the Division, including Associate Director (Legal), Associate Director (Disclosure Operations), and Chief Counsel. Mr. Dunn joined the Commission as a staff attorney with the Divis

  • SEC Welcomes Plans of U.S., International Standard Setters For Convergence Of Accounting Systems

    Date 27/02/2006

    The Securities and Exchange Commission today welcomed the announcement by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) of a memorandum of understanding about their work plans from 2006-2008. Those plans indicate a commitment to make measurable progress towards improved and converged standards in a number of areas over the next several years.