News Centre

European Council Conclusions On Completing EMU

Date 19/10/2012

In the light of the fundamental challenges facing it, the Economic and Monetary Union needs to be strengthened to ensure economic and social welfare as well as stability and sustained prosperity.  

Remarks By President Van Rompuy Following The First Session Of The European Council

Date 19/10/2012

I am happy to brief you on our progress in this European Council. We started with a discussion about general political developments and challenges in Europe, in presence of the President of the European Parliament. Many colleagues referred to the Nobel Prize as a tribute for the Union’s past achievements and an encouragement for the future. Over dinner, we focussed on the future of the Economic and Monetary Union. The interim report I circulated last week served as a basis. 

Bursa Malaysia Implements The Final Phase Of Cds Straight Through Processing (CDS-STP)

Date 19/10/2012

Bursa Malaysia completes the final phase of its CDS Straight Through Processing (CDS-STP) initiative for its market participants. This phase complements the earlier initiatives under CDS-STP to provide CDS balances and intraday updates to shareholding positions in CDS accounts, introduced on 18 June 2012 and 13 August 2012.   

DTCC Appoints James Lee To Oversee Enterprise Computing Sector

Date 18/10/2012

The Depository Trust & Clearing Corporation (DTCC) today announced the appointment of James Lee as Managing Director and Head of Enterprise Computing, bringing more than two decades of leadership experience in information technology operations and software configuration to the company. In this new role, Lee will oversee and guide strategy for the development of new computational products.

S&P Dow Jones Indices Announces Changes To The S&P/TSX Canadian Indices - A Deletion From The S&P/TSX Global Gold And Global Mining Indices

Date 18/10/2012

S&P Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:

The shareholders of Avion Gold Corporation (TSX:AVR) have accepted the share exchange offer from Endeavour Mining Corporation (TSX:EDV) whereby Avion Gold shareholders will receive 0.365 shares of Endeavour Mining for each share held. Avion Gold will be removed from the S&P/TSX Global Mining and Global Gold Indices effective after the close of Monday, October 22, 2012. At the same time, the relative weight of Endeavour Mining will increase in the same indices to reflect the issuance of the new shares. 

CFTC Charges David M. Nunn With Engaging In An Illegal Trading Scheme And Making False Statements To ICE Futures US - Defendant Charged With Multi-Year Scheme Involving Over 1,300 Trades

Date 18/10/2012

The U.S. Commodity Futures Trading Commission (CFTC) today filed a civil enforcement action against David M. Nunn, a Vermont resident and former floor broker of ICE Futures U.S., Inc. (ICE Futures US), which is a contract market designated by the CFTC.  The CFTC complaint charges Nunn with engaging in prearranged and fictitious transactions in violation of the Commodity Exchange Act and trading non-competitively in violation of a CFTC regulation.  The complaint also charges Nunn with making false statements about these transactions to representatives of ICE Futures US.

Taking A No-Nonsense Approach To Enforcing The Federal Securities Laws - Speech By SEC Commissioner Luis Aguilar At The Securities Enforcement Forum 2012

Date 18/10/2012

Good morning. I would like to thank Bruce Carton for inviting me to  participate in the inaugural 2012 Securities Enforcement Forum. I am delighted  to be here with a group of people who care about the SEC as an institution and  desire for it to carry out its mission. Before I begin, let me start by issuing  the standard disclaimer that the views I express today are my own, and do not  necessarily reflect the views of the Securities and Exchange Commission, my  fellow Commissioners, or members of the staff.

CFTC To Hold Open Meeting To Consider A Notice Of Proposed Rulemaking On Enhancing Customer Protections

Date 18/10/2012

The Commodity Futures Trading Commission (CFTC) will hold a public meeting on Thursday, October 25, 2012, at 1:00 p.m., to consider a Notice of Proposed Rulemaking on Enhancing Protections Afforded Customers and Customer Funds Held by Futures Commission Merchants and Derivatives Clearing Organizations.

Program Trading Averaged 29.9 Percent Of NYSE Volume During Oct. 8-12

Date 18/10/2012

The New York Stock Exchange, a subsidiary of NYSE Euronext (NYX), today released  its weekly program-trading data compiled from member firms' executed volume from  NYSE's orders database. The report includes trading on the NYSE for Oct. 8-12.

SEC Charges Trio In ".44 MAGNUM" Investment Scheme

Date 18/10/2012

The Securities and Exchange Commission today charged a purported money manager and two of his chief marketers with defrauding investors in a fake company he created that bore a similar name to what was formerly one of Germany's largest banks.