News Centre

Launch Of Solactive CK Low Carbon Indices - 50% Less Carbon Intensity Than Benchmark - Verified By South Pole Carbon

Date 25/09/2014

Corporate Knights Capital has partnered with Solactive to launch a family of Low Carbon Indices, aiming to provide exposure to best-in-class companies in carbon intensive sectors, while maintaining benchmark exposure for companies in all other sectors. 

CFTC Orders Florida Resident Louis J. Ferone To Pay Restitution And A Civil Monetary Penalty Totaling More Than $155,000 For Engaging In Illegal, Off-Exchange Precious Metals Transactions

Date 25/09/2014

The U.S. Commodity Futures Trading Commission (CFTC) today entered an Order requiring Louis J. Ferone, of Miami, Florida to pay restitution of $55,442 to customers and a $100,000 civil monetary penalty, for engaging in 17 illegal, off-exchange precious metals transactions. Ferone has never been registered with the CFTC.

OCC Bulletin: Heightened Standards For Large Banks - Integration Of 12 CFR 30 And 12 CFR 170 - Final Rules And Guidelines

Date 25/09/2014

Summary

The Office of the Comptroller of the Currency (OCC) issued enforceable final guidelines that establish minimum standards for the design and implementation of a risk governance framework for large insured national banks, insured federal savings associations, and insured federal branches of foreign banks (collectively, banks). The final guidelines also establish minimum standards for an institution’s board of directors in overseeing the framework. In addition, as part of the OCC’s ongoing efforts to integrate the regulations of the OCC and the former Office of Thrift Supervision, the OCC issued final rules and guidelines to make 12 CFR 30 and all of its appendixes applicable to federal savings associations and to remove 12 CFR 170 of the OCC’s regulations. 12 CFR 30 and 12 CFR 170 are nearly identical, except that 12 CFR 30 includes an appendix governing residential mortgage lending.

EPEX SPOT: CWE Flow-Based Market Coupling Launch To Be Pushed Over The Winter - New Target Go-Live On 31 March 2015

Date 25/09/2014

The partners of the Flow-Based project in Central Western Europe (CWE – Belgium, France, Germany, Luxembourg and the Netherlands) have decided to target a new launch date on 31 March 2015, due to an exceptional situation on the Belgian market this winter.

SEC Charges Arizona-Based Software Company For Inadequate Internal Accounting Controls Over Its Financial Reporting

Date 25/09/2014

The Securities and Exchange Commission today sanctioned a Scottsdale, Ariz.-based software company for having inadequate internal accounting controls over its financial reporting, which resulted in misstated revenues in public filings.

CFTC Charges Gregory Christopher Evans With Unauthorized Trading And Concealing Trading Losses

Date 25/09/2014

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it filed a Complaint charging Gregory Christopher Evans, a former risk management consultant and associated person of a registered Futures Commission Merchant (FCM) and provisionally registered Swap Dealer (the “Firm”), with fraud and unauthorized trading. Evans is a resident of Kansas City, Missouri.

Sara Jean Goodman And Paul Dimtsis Join Born Technology Global Team

Date 25/09/2014

To handle its continued growth of international clientele and product development, Born Technology announced today that Sara Jean Goodman and Paul Dimtsis have joined the firm’s sales and marketing teams. Goodman joins as Director of Sales and Marketing and is based in Chicago. Dimtsis comes on board as Managing Director of Sales and is based in Toronto.

CFTC’s Global Markets Advisory Committee To Meet October 9, 2014

Date 25/09/2014

The U.S. Commodity Futures Trading Commission (CFTC) announced today that the Global Markets Advisory Committee (GMAC) will hold a public meeting on October 9, 2014 at CFTC’s headquarters in Washington, D.C.

SEC Suspends Trading In Nine Penny Stocks In Ongoing Initiative To Combat Microcap Fraud

Date 25/09/2014

The Securities and Exchange Commission today announced suspensions in trading for nine different penny stocks as part of an ongoing enforcement initiative to combat microcap fraud.

S&P Dow Jones Indices And Toronto Stock Exchange Launch Two New Factor Based Indices - S&P/TSX Composite Shareholder Yield Index Licensed To Horizons ETFs

Date 25/09/2014

S&P Dow Jones Indices (S&P DJI), one of the world’s largest providers of financial market indices, and Toronto Stock Exchange (TSX) today announced the launch of the S&P/TSX Composite Shareholder Yield Index and the S&P/TSX Composite Buyback Index.