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  • Bill Foster To Stand Down From NZSE This Year

    Date 16/01/2002

    The Managing Director of the NZSE, Bill Foster, intends to step aside from his current position this year, once the Board has appointed a suitable replacement, NZSE Chairman, Simon Allen said today.

  • Toronto Stock Exchange Amends Listing Details For Debenture Issues

    Date 15/01/2002

    The TSE has enhanced its trading system to accommodate U.S.-style corporate debentures. This enhancement attempts to further meet the needs of issuers on both sides of the border.

  • The Committee Of European Securities Regulators - Final Round Of Consultation By CESR On Standards For Alternative Trading Systems (ATSs)

    Date 15/01/2002

    CESR published yesterday, for a second round of consultation, revised proposals for common European standards for Alternative Trading Systems (Ref. CESR/02-001). These have been prepared by an expert group chaired by Howard Davies, Chairman of the UK Financial Services Authority. Also published today was a feedback statement summarising the responses received in the first consultation round (Ref. CESR/02-002).

  • SEC Censures KPMG For Auditor Independence Violation

    Date 15/01/2002

    The Securities and Exchange Commission yesterday censured KPMG LLP, a big-five accounting firm based in New York City, for engaging in improper professional conduct because it purported to serve as an independent accounting firm for an audit client at the same time that it had made substantial financial investments in the client. The SEC found that KPMG violated the auditor independence rules by engaging in such conduct. KPMG consented to the SEC's order without admitting or denying the SEC's fi

  • NYSE Suspends Trading In Enron Corp. And Related Securities And Moves To Remove From The List

    Date 15/01/2002

    The New York Stock Exchange announced today that it determined that the common stock of Enron Corp. (the "Company") and its related securities, including the 7% Exchangeable Notes due July 31, 2002, and the $10.50 Cumulative Second Preferred Convertible Stock-- ticker symbols ENE, EXG, ENE Pr J, respectively-- as well as the derivative securities of Enron Capital Trust I, Enron Capital Trust II, Enron Capital Resources, L.P., and Enron Capital LLC-- ticker symbols ENE Pr T, ENE Pr R, ENE Pr A a