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  • U.S. And Chinese Regulators Meet In Beijing On Audit Oversight Cooperation

    Date 08/08/2011

    The Sino-U.S. Symposium on Audit Oversight was held in Beijing on July 11-12, 2011. In attendance were officials from the U.S. Securities and Exchange Commission, U.S. Public Company Accounting Oversight Board (PCAOB), China Securities Regulatory Commission (CSRC), and Chinese Ministry of Finance (MOF). The symposium, which was contemplated by the outcomes of the third U.S.-China Strategic and Economic Dialogue (S&ED), represented an important step toward Sino-U.S. cooperation on audit oversight of public companies. At the symposium, the officials briefed each other on their respective audit oversight system and inspection procedures. They also exchanged views on how to deepen cooperation on cross-border audit oversight.

  • HKFE Announces Revised Margins For Futures Contracts

    Date 08/08/2011

    Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Wednesday, 10 August 2011, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contracts will be as outlined in the table below.

  • S&P, TMX Group Launch S&P/TSX Venture Select Index For The Canadian Market - S&P Licenses Blackrock To List ETF Based Upon The Index

    Date 08/08/2011

    Providing Canadian investors with a new and innovative approach to tracking the performance of smaller-cap Canadian Stocks trading on TSX Venture Exchange, S&P Indices and TMX Group Inc., owner of Toronto Stock Exchange and TSX Venture Exchange, launched today the S&P/TSX Venture Select Index.

  • DTCC Statement On FICC Activities Following S&P Rating Change On U.S. Sovereign Debt - No Current Plans To Adjust Applicable Haircuts For GSD Clearing Fund, MBSD Participants Fund Collateral

    Date 08/08/2011

    The Depository Trust & Clearing Corporation (DTCC) today issued the following statement regarding activities of its Fixed Income Clearing Corporation (FICC) subsidiary in light of Standard & Poor’s rating change on US sovereign debt:

    FICC has no current plans to make any changes in our applicable valuations of securities (or haircuts) required for collateral for its Government Securities Division (GSD) Clearing Fund and its Mortgage-Backed Securities Division (MBSD) Participants Fund at this time. We continue to monitor market developments and volatility in the coming days to assess if we will need to make any changes in our processes FICC will operate under its normal schedule for input and reporting during the week of August 8.

  • RTS Trading Statistics July 2011 - RTS Volumes: Lightly Positive Mood Rules The Market

    Date 08/08/2011

    The Russian market was supported by growth in the American market, and a rise in the oil price.