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  • SIFMA Statement On DOL Fiduciary Rule, Omnibus Appropriations Act

    Date 16/12/2015

    Today,SIFMA president and CEO Kenneth E. Bentsen, Jr. issued the following statement in response to introduction of the FY2016 Omnibus Appropriations Act, which did not include language to delay the Department of Labor's fiduciary rule proposal:   

    ‎"We continue to believe the DOL rule as proposed will have negative consequences for retirement savers: restricting access to financial advice and raising the cost of saving.  As we have repeatedly said, there are so many issues with the proposal, as evidenced by the thousands of substantive comments filed, that the Department should re-propose the rule."  

  • Adena Friedman Appointed Chief Operating Officer At Nasdaq - Will Assume Responsibility For All Business Operations

    Date 16/12/2015

    Nasdaq (Nasdaq:NDAQ) today announced that Adena Friedman has been appointed Chief Operating Officer of Nasdaq, effective immediately. As President and COO, Friedman will assume responsibility for all of the company’s global business operations and will continue to report to CEO Bob Greifeld.

  • STOXX Limited Wins “Most Innvative Index Provider Global 2015” Award

    Date 16/12/2015

    STOXX Limited, a leading provider of innovative, tradable and global index concepts, today announced that it has won the CFI.co 2015 Award under the category “Most Innovative Index Provider Global 2015”. The award is presented by Capital Finance International (CFI.co), a print journal and online resource reporting on business, economics and finance.

  • Moscow Exchange: Further Conditions For Securities Trading During The New Year Public Holidays

    Date 16/12/2015

    As the Moscow Exchange"s Equity & Bond Market will operate on 4, 5 and 6 January 2016 (i.e. during the New Year public holidays in Russia), the Exchange has set the following conditions for the Main Market Sector (in accordance with the resolution of the Directorate of MICEX SE dated 22 September 2015 and the MICEX SE Trading Rules adopted on 25 June 2015):

    1. On 4, 5 and 6 January 2016, trading in securities will be held subject to conditions established in the Order No.927-r of the General Director of MICEX SE as of 27 July 2015. Such conditions refer also to the start and end times of the trading sessions in certain trading modes of the Main Market Sector.

  • Bloomberg To Acquire Barclays Risk Analytics And Index Solutions Business

    Date 16/12/2015

    Bloomberg L.P. announced today that it has entered into an agreement to acquire Barclays Risk Analytics and Index Solutions Ltd. ("BRAIS"), a leading provider of benchmark and strategy indices, portfolio analytics, risk and attribution models, and portfolio construction tools. BRAIS's benchmark indices span global markets covering multiple asset classes, most notably the Barclays Family of Aggregate Bond Indices.