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José Manuel Durão Barroso President Of The European Commission Statement By President Barroso At The Intermediary Press Conference At The European Council Press cCnference/Brussels 28 June 2012

Date 28/06/2012

Good evening,

This was a very significant first session of the European Council, and since the President of the European Council and the Prime Minister of Denmark as the current presidency of the Council already gave a summary of our work I will not repeat.

BATS Announces Annual Changes To BATS 1000 Index - U.S. Equities Market Benchmark Celebrates Three-Year Anniversary

Date 28/06/2012

BATS Global Markets, a leading operator of securities markets in the U.S. and Europe, today announced the results of the annual reconstitution of the BATS 1000®Index, a U.S. equities market benchmark, which will become effective prior to market open on Monday, July 2, 2012.

Canadian Securities Regulators Establish Regulatory Framework To Manage Electronic Trading Risks

Date 28/06/2012

The Canadian Securities Administrators (CSA) announced today it is proceeding with the implementation of NI 23-103 Electronic Trading, which establishes a regulatory framework for the oversight and management of the risks associated with the use of electronic trading on Canadian market places.

Direct Edge Trading Notice #12-26: Fee Schedule Changes For EDGA and EDGX Exchanges

Date 28/06/2012

The following changes are effective Monday, July 2, 2012, pending filing with the Securities and Exchange Commission (SEC):

New Market Depth Tier on EDGX
 
Effective Monday, July 2, 2012, EDGX Exchange will introduce a new Market Depth tier. Firms that meet both the following requirements will be eligible to receive a rebate of $0.0033 per share:

• Add .5% or more of the Total Consolidated Volume (TCV) in Average Daily Volume (ADV) for the month on EDGX
  • At least 2 million of the .5% TCV shares must be non-displayed liquidity (Flag HA) in ADV for the month

Letter From Bob Diamond Chief Executive, Barclays To Mr Andrew Tyrie MP Chairman, Commons Treasury Select Committee

Date 28/06/2012

Dear Andrew

European Commissioner Michel Barnier Welcomes Trilogue Agreement By Council And Parliament On European Venture Capital Funds And European Social Entrepreneurship Funds

Date 28/06/2012

"This agreement sends an important signal that taking concrete measures to aid growth in Europe is at the heart of our work. At their meeting on 1 March 2012, the Heads of State and Government underlined the importance of 'creating an effective EU-wide venture capital regime, including an "EU passport'. Once the new rules are fully in place, funds investing in SMEs and social businesses will be able to raise money more easily across the 27 countries of the EU. The funds will benefit from strong European labels to attract investors. The adoption of these two Regulations will boost financing for European SMEs and social entrepreneurs. I congratulate the European Parliament and the Council on their efficient work which has led to an agreement within a very short timeframe,"stated Michel Barnier, European Commissioner for Internal Market and Services.

CFTC Issues Order Of Provisional Registration As A Swap Data Repository To ICE Trade Vault, LLC

Date 28/06/2012

• The U.S. Commodity Futures Trading Commission (CFTC or Commission) today approved the application of ICE Trade Vault, LLC for provisional registration as a swap data repository pursuant to section 21 of the Commodity Exchange Act and section 49.3(b) of the Commission’s regulations, subject to the terms and conditions of the order of Provisional Registration. ICE Trade Vault, LLC is the first entity for which the Commission has issued provisional registration as a swap data repository – a category of CFTC registered entities newly created by the Dodd-Frank Act of 2010 to perform a variety of functions related to the collection and maintenance of swap transaction data and information. ICE Trade Vault, LLC was provisionally registered as a swap data repository for the interest rate, credit, foreign exchange, and other commodity asset classes. The Commission continues to promulgate regulations to implement the Dodd-Frank Act of 2010. ICE Trade Vault, LLC will be required, as will all future provisionally and fully registered swap data repositories, to demonstrate continued compliance with existing regulations and to come into compliance with new regulations, amendments, guidance and other requests in accordance with the dates established therein in order to obtain and maintain permanent registration.

ESMA Publishes 2011 Activity Report On IFRS Enforcement In The EEA

Date 28/06/2012

ESMA publishes its 2011 Activity Report on IFRS Enforcement in the European Economic Area.  Please click here for further details.

CFTC Approves ICE Trade Vault As Swap Data Repository; ICE Trade Vault Enrolls 250 Customers In Advance Of Launch

Date 28/06/2012

IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, announced that the Commodity Futures Trading Commission (CFTC) has provisionally approved ICE Trade Vault as a swap data repository (SDR) for the commodity and energy, interest rate swaps, credit default swaps (CDS) and foreign exchange (FX) asset classes. The CFTC's approval of ICE Trade Vault is provisional until the agency completes final rulemakings on SDR regulations, which are anticipated later this year.

SEC Shuts Down $42 Million Ponzi-Like Scheme

Date 28/06/2012

The Securities and Exchange Commission today announced that it has obtained an emergency court order to halt an alleged Ponzi-like scheme operated by Small Business Capital Corp. and its principal Mark Feathers, who raised $42 million by selling securities issued by Investors Prime Fund LLC and SBC Portfolio Fund LLC - two mortgage investment funds they controlled.