News Centre

Bursa Malaysia: Increase In Eligible Securities Allowed In Securities Borrowing And Lending -The Number Of Eligible Counters For SBL Has Increased From 171 To 218 Effective

Date 05/03/2014

Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) recently issued an updated list of eligible securities for securities borrowing and lending (“SBL”). With the updated list, the number of eligible stocks available for securities borrowing and lending has been increased from 171 to 218 stocks.  

ASX Group Monthly Activity Report – February 2014

Date 05/03/2014

The value of ASX-listed stocks, as measured by the All Ordinaries Index, rose 4.0% in February 2014. This performance was comparable to major markets, including the UK up 4.6%, the US up 4.3%, Germany up 4.1%, and stronger than Hong Kong up 3.6%, Singapore up 2.8% and Japan down 0.5%.

SGX Commodity Activities Grow In February

Date 05/03/2014

Singapore Exchange (SGX) recorded increases in its commodities trading and clearing activities in February 2014. Securities and derivatives activities declined.

ASX Compliance Monthly Activity Report - February

Date 05/03/2014

Click here to download ASX's compliance monthly activity report for February.

Statement On Proposed SEC Budget For Fiscal 2015 - SEC Chair Mary Jo White

Date 05/03/2014

“I am pleased that the President's FY 2015 request recognizes the SEC's need for significant additional resources. The $1.7 billion requested will be critical for the SEC to fulfill its mission to investors and our markets.  It is also important to remember that this funding comes from industry transaction fees and does not take money away from other priorities or contribute to the federal deficit."

SIFMA Statement Regarding President Obama's FY 2015 Budget Proposal

Date 05/03/2014

SIFMA today released the following statement from president and CEO, Kenneth E. Bentsen, Jr. in response to various provisions contained in the Obama Administration's Fiscal Year 2015 Budget Proposal:

"The Obama Administration's Budget Proposal is a starting point that should give Congress a chance to work with the President to reach a fiscal agreement by 2015 to reduce our debt and deficits. While we encourage both parties to work together on a plan to simplify the tax code and create opportunities for job creation and economic growth, we have concerns with several components of today's proposal."

Canadian Securities Regulators Encourage Canadians To Be Proactive In Preventing Investment Fraud

Date 04/03/2014

Canadian securities regulators are recognizing Fraud Prevention Month this March by encouraging investors to take early and proactive steps in protecting themselves from investment fraud.

Treasury Budget Supports Obama Administration's Efforts To Create Opportunity For All Americans

Date 04/03/2014

• View the Treasury Budget-in-Brief here
• Makes Key Investments to Strengthen the Economy and Create Jobs, Combat Threats to National Security, and Promote Financial Stability at Home and Abroad
• Boosts Resources for Taxpayer Services, Enforcement Measures to Pursue Tax Evaders, and Identifies $154 Million in FY 2015 Savings

New York Attorney General Schneiderman Announces Arraignment Of Wall Street Advisor For Stealing $4.3m From Investors - Wing K. Lim, A.K.A. Kent Lam, Owner Of Wall Street Investment, LP, Arraigned On 31-Count Indictment Charging Securities Fraud, Grand Larceny, Money Laundering - Schneiderman: My Office Will Hold Accountable Investment Advisors Who Dupe Unsuspecting Clients

Date 04/03/2014

Attorney General Eric T. Schneiderman today announced the arraignment of Wing K. Lim, also known as Kent Lam, for operating a multi-million-dollar securities fraud scheme spanning more than a year. In a 31-count indictment, a New York County grand jury indicted Lim on felony charges of money laundering, grand larceny and falsification of business records, as well as securities fraud violations under the Martin Act. If convicted, Lim faces up to 25 years in prison.

BOX Options Exchange Price Improvement Activity For February

Date 04/03/2014

In the month of February, price improved contracts on BOX Options Exchange (“BOX”) averaged 107,060 per day, which represented a 10% increase over the previous month. Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction, PIP, averaged $304,880 per day, while total savings to investors this month was $5.8MM. With this, BOX has saved investors over $478 MM since its inception in 2004. Overall average daily trading volume on BOX in the month of February was 311,467 contracts.