News Centre

SIFMA Promotes Ira Hammerman To Executive Vice President

Date 13/11/2013

SIFMA today announced it has appointed Ira D. Hammerman as Executive Vice President and General Counsel. Mr. Hammerman has served as Senior Managing Director and General Counsel at SIFMA since 2004.

SEC Announces Agenda And Panelists For Small Business Forum

Date 13/11/2013

The Securities and Exchange Commission today announced the agenda and panelists for next week’s Government-Business Forum on Small Business Capital Formation.

New York Stock Exchange To Host 2013 NYSE Russia Day On Monday, November 18, 2013 - Event Gathers Leading Russian Business Executives, Investors And Government Officials To Discuss The Opportunities For Doing Business And Investing In Russia

Date 13/11/2013

Speakers and participants include:
- Sergey Belyakov, Deputy Minister for Economic Development of the Russian Federation
- Anton Karamzin, Senior Vice President, Sberbank
- Yuliana Slashcheva, CEO, CTC Media
- Artem Konstandyan, CEO, Promsvyazbank
- Mattias Westman, Founding Partner, Prosperity Capital
- Bob Foresman, CEO, Barclays Russia

SIFMA's Board Of Directors Announces Newly Elected Officers

Date 13/11/2013

The Board of Directors of SIFMA announced that it has elected several new members to leadership positions on the Board for 2014.The new principal officers include: Jim Rosenthal as Chair, Bill Johnstone as Chair Elect, John Rogers, as Vice Chair; and Bernard Beal as Treasurer.

FTSE Licenses Global X For New ETF Linked To FTSE Portugal 20 Index

Date 13/11/2013

• FTSE expands ETF offering with Global X 
• Index tracks performance of the 20 largest Portuguese listed companies
• 104 ETFs tracking a FTSE benchmark in North America

FESE Position On The ESAS Review

Date 13/11/2013

FESE believes that one of the priorities for ESMA to strengthen its role in ensuring supervisory convergence. We support a stronger role in Level 2 as well as improvements to ESMA’s role in ensuring consistent supervision. We also support an improved peer review process, as well as the extension of ESMA’s direct supervision to other entities subject to a clear framework to determine the entities. We support improvements to the ESMA governance structure with respect to the supervisory board and the management board which would have the effect of generating a greater degree of independence. More resources are needed to fulfil ESMA’s mandate in full and also to strengthen ESMA’s independence.

NYSE Liffe Launches 30 Year Ultra Long Gilt Futures

Date 13/11/2013

NYSE Liffe, the European derivatives business of NYSE Euronext (NYX), today announced that it will be launching 30 Year Ultra Long Gilt Futures, in response to customer demand. The new contracts will be available from 25^th November 2013.

SunGard’s Market Data, Trading Network And Cloud Services Chosen To Support ETRE Financial’s New Commercial Real Estate Platform

Date 13/11/2013

ETRE Financial, LLC (“ETRE”), a real estate financial services and technology company, is using SunGard’s MarketMap daily equity market data feed, the SunGard Global Network (SGN) FIX trading network connectivity, and SunGard’s cloud hosting services as key components of ETRE’s recently launched real-time, exchange-traded real estate platform. SunGard’s solutions and services are providing ETRE with the innovative tools needed to launch and grow its end-to-end platform while achieving smarter operations.

Federal Court In California Orders Thomas B. Breen, A Principal Of National Equity Holdings, Inc., To Pay $1.75 Million To Settle Fraud Charges In CFTC Action

Date 13/11/2013

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained a federal court Order against a principal of National Equity Holdings, Inc. (National Equity), Thomas B. Breen, of Orange County, California, requiring Breen to jointly pay restitution to defrauded customers in accordance with a restitution Order set in a related criminal action of $1,059,096, and imposes a civil monetary penalty of $700,000 against Breen, as well as permanent trading and registration bans.

Finansinspektionen (FI) Swedish Financial Supervisory Authority: Decision Regarding The Discount Rate For Insurance

Date 13/11/2013

Finansinspektionen (FI) has enacted new rules for calculating the discount rates to be used by insurance companies for calculating technical provisions. The rules mainly affect life insurance companies and insurance companies that provide life and disability annuities. Occupational pension funds will also be able to use the new method.