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  • Shanghai Stock Exchange: Notice Of Soliciting Public Opinions On “Pre-Disclosure Issues (Draft Version For Opinion Soliciting) Of Shareholding Lessening By Shareholders Of Listed Companies* ”

    Date 24/07/2014

    The Shanghai Stock Exchange (SSE) has formulated the “Pre-disclosure Issues (Draft Version for Opinion Soliciting) of Shareholding Lessening by Shareholders of Listed Companies for No. 13 Memorandum on Listed Companies’ Work of Day-to-day Information Disclosure”, in order to implement the requirements of the “Opinions of the General Office of the State Council on Further Strengthening the Protection of Small and Medium-sized Investors’ Legitimate Rights and Interests in the Capital Market”, protect the legitimate rights and interests of small and medium-sized investors, and regulate the pre-disclosure issues of shareholding lessening by shareholders of listed companies.

  • ASX Lowers Fees For Interest Rate Futures Clearing Participants

    Date 24/07/2014

    From 1 October 2014, ASX will lower fees and increase growth incentives for clearing participants in its interest rate futures and over-the-counter (OTC) clearing business. This will be achieved by implementing a new fee schedule for interest rate futures and by providing volume discounts for OTC clearing. 

  • Statement Of Commissioner Kara M. Stein - SEC Commissioner Kara M. Stein, Washington, D.C., July 23, 2014

    Date 23/07/2014

    I want to thank the staff for your thoughtful engagement with my office and all of the hard work that went into these recommendations.  These rules are better for your great work, and your tireless efforts to reach the best policy outcome are commendable.

  • SEC Approves FINRA Rule To Prohibit Conditioning Settlements On Expungement

    Date 23/07/2014

    The Financial Industry Regulatory Authority (FINRA) today announced that the Securities and Exchange Commission (SEC) has approved a new rule prohibiting firms and registered representatives from conditioning settlement of a customer dispute on—or otherwise compensating a customer for—the customer's agreement to consent to, or not to oppose, the firm's or representative's request to expunge such information from the Central Registration Depository (CRD™) system.

  • Strengthening Money Market Funds To Reduce Systemic Risk - SEC Commissioner Luis A. Aguilar Washington, D.C., July 23, 2014

    Date 23/07/2014

    Today, the Commission considers adopting long-considered reforms to the rules governing money market funds.  I commend the hard work of the staff, particularly the Division of Investment Management and the Division of Economic and Risk Analysis (“DERA”), who worked tirelessly to present these thoughtful and deliberate amendments.  It is well known that the journey to arrive at the amendments considered today was a difficult one, and I can confidently say that this has been, at times, perhaps one of the most flawed and controversial rulemaking processes the Commission has undertaken.