News Centre

Statement At Open Meeting to Adopt A Final Rule Regarding Conflict Minerals Pursuant to Section 1502 Of The Dodd-Frank Act By SEC Commissioner Troy A. Paredes

Date 22/08/2012

Thank you, Chairman Schapiro.

I join my colleagues in thanking the staff – particularly those from the Division of Corporation Finance – for your hard work throughout this challenging rulemaking. I appreciate your professionalism in shaping the final rule – a rule that, given its express humanitarian goal, stands out as unique in the SEC’s long history of administering the federal securities laws.

Statement At SEC Open Meeting: Proposed Rules To Implement Section 1504 Of The Dodd-Frank Act (“Disclosure Of Payments By Resource Extraction Issuers”) By Commissioner Daniel M. Gallagher

Date 22/08/2012

Once again, our expert staff in the Division of Corporation Finance have tackled a difficult assignment — one they’d never have wished on themselves. I want to join in my colleagues’ thanks for those good efforts, noting Paula Dubberly’s leadership, and the expert lawyering of Tamara Brightwell, in particular. I also want to note with appreciation the efforts of the Risk Fin staff. And Michael Conley, our Deputy General Counsel, has done his usual extraordinary work to illuminate legal considerations in connection with this rulemaking.

DTCC Appoints Donna M. Milrod As Chief Administrative Officer

Date 22/08/2012

The Depository Trust & Clearing Corporation (DTCC) today announced that Donna M. Milrod will join the firm as Chief Administrative Officer (CAO), effective mid-October. She will report to President and Chief Executive Officer Michael Bodson, and serve as a member of the company’s Management Committee. Ms. Milrod will have responsibility for the company’s finance, operations, regulatory relations, business continuity, vendor management and security functions.

Moscow Exchange Optimizes HFT On Its Markets For The Benefit Of All Categories Of Trading Participants

Date 22/08/2012

On September 3, 2012 Moscow Exchange will introduce an additional commission fee (the ACF) on its Securities and FX markets that will be applied to HFT traders creating unproductive load on the trading system.

Platts Report: China's Oil Demand Rebounds In July - But Refinery Runs, Crude Imports Show Lingering Weakness

Date 22/08/2012

China's apparent oil demand rose 2.4% year on year in July to 38.92 million metric tons (mt), or an average 9.2 million barrels per day (b/d), a just-released Platts analysis of recent Chinese government data showed.  This is a rebound from June’s first monthly contraction in more than three years.

Opening Statement At The SEC Open Meeting By Chairman Mary L. Schapiro

Date 22/08/2012

Good Morning. This is an open meeting of the U.S. Securities and Exchange Commission on Aug. 22, 2012.

Today, the Commission will consider two items required by the Dodd-Frank Wall Street Reform and Consumer Protection Act.

FIF Capacity Statistics For July 2012

Date 22/08/2012

FOUR NEW RECORD PEAKS: Deutsche Böerse CEF Core Eurex, NASDAQ TotalView – ITCH, BATS Options MCASTPITCH AGG and Deutsche Böerse CEF Core Total

FINRA Fines Rodman & Renshaw $315,000 For Supervisory And Information Barrier Violations - Former Chief Compliance Officer And Two Research Analysts

Date 22/08/2012

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Rodman & Renshaw LLC $315,000 for supervisory and other violations related to the interaction between the firm's research and investment banking functions. Rodman's former CCO, William A. Iommi Sr., was fined $15,000, suspended from acting in a principal capacity for 90 days and must requalify as a general securities principal.

IOSCO Consults On The Technological Challenges To Market Surveillance

Date 22/08/2012

The International Organization of Securities Commissions has published today a Consultation Report on the Technological Challenges to Effective Market Surveillance: Issues and Regulatory Tools, which seeks public comments on a series of proposed high-level recommendations aimed at helping Market Authorities improve market surveillance.

Olivetree Appoints Charlotte Wall As Managing Director And Head Of Product Sales - Appointment Signals New Focus On Sales Of Olivetree Solutions’ OTAS Platform To The Buy-Side

Date 22/08/2012

Olivetree Financial Group Limited (“Olivetree”), an equity brokerage and technology firm, today announces that it has appointed Charlotte Wall to managing director and glob al head of product sales in London and New York.