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  • SEC Charges Lumber Liquidators With Fraud

    Date 12/03/2019

    The Securities and Exchange Commission today announced charges against Lumber Liquidators Holdings Inc. for making fraudulent misstatements to investors.  The charges stem from Lumber Liquidators’ false public statements in response to media allegations that the company was selling laminate flooring that contained levels of formaldehyde exceeding regulatory standards.  Lumber Liquidators agreed to pay more than $6 million to settle the SEC action.

  • ETFGI Reports Assets Invested In Global ETF And ETP Industry Reached A Record 5.32 Trillion US Dollars At The End Of February 2019

    Date 12/03/2019

    ETFGI, a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, reported today that ETFs and ETPs listed Globally gathered net inflows of US$44.31 billion in February, bringing year-to-date net inflows to US$61.66 billion. Assets invested in the Global ETF/ETP industry finished the month up 3.15%, from US$5.16 trillion at the end of January, to reach a record US$5.32 trillion, according to ETFGI's February 2019 Global ETF and ETP industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

  • Moscow Exchange Rings The Bell For Gender Equality

    Date 12/03/2019

    On 12 March 2019, Moscow Exchange opened the trading day with a ceremony dedicated to gender equality and recognition of the contribution women make to business, politics and the economy. The global initiative Ring the Bell for Gender Equality was held this year for the fifth time around International Women’s Day (8 March), with 83 securities exchanges participating. Moscow Exchange rang the bell for the second year in a row.

  • Federal Reserve Board Permanently Bars Two Former Employees Of The Goldman Sachs Group, Inc. From The Banking Industry

    Date 12/03/2019

    The Federal Reserve Board on Tuesday announced that it is prohibiting Tim Leissner and Ng Chong Hwa, also known as Roger Ng, from the banking industry for their participation in a scheme to illegally divert billions of dollars from a Malaysian sovereign wealth fund. Leissner was also fined $1.42 million and consented to the permanent ban.

  • CME Group Receives Approval From The Dutch Minister Of Finance To Operate In Amsterdam

    Date 12/03/2019

    CME Group, the world's leading and most diverse derivatives marketplace, today announced that its new legal entity CME Amsterdam B.V. has received approval from the Dutch Minister of Finance.