News Centre

Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices

Date 13/07/2011

Standard & Poor's Canadian Index Operations announces the following index changes:

• On July 13, 2011, OPTI Canada Inc. (TSX:OPC) was halted on TSX prior to the open. The company subsequently announced that it is pursuing a restructuring under CCAA. If the stock does not trade during the day on Thursday, July 14, 2011, on TSX, OPTI Canada will be removed from the S&P/TSX SmallCap and Equity SmallCap Indices at a price of zero effective after the close of Thursday, July 14, 2011.

“Caging The Financial Cheetahs” Speech By CFTC Commissioner Bart Chilton To American Soybean Association Legislative Forum, Washington, DC

Date 13/07/2011

Introduction

It’s good to be with you today.  I especially want to thank John Gordley for the kind invitation to be here.  John and I have kicked around this town for a long time and I’ve always admired him. So too, the ASA. You always make your positions clearly known and you are recognized here. I worked with you when I was on the Hill and at USDA and more often than not we agreed and I always respected your views and the way you presented them.

Standard & Poor's Announces Changes in the S&P/TSX Canadian Indices

Date 13/07/2011

Standard & Poor's Canadian Index Operations announces the following index changes:

• On July 11, 2011, Cinch Energy Corp. (TSX:CNH) received shareholder and court approval for their Plan of Arrangement with Tourmaline Oil Corp. (TSX:TOU). Tourmaline will acquire Cinch by giving 0.06366 shares of Tourmaline for each Cinch share. Cinch will be removed from the S&P/TSX SmallCap and Equity SmallCap Indices effective after the close of Friday, July 15, 2011.

CFTC Charges Robert S. Moss Of North Carolina With Commodity Pool Fraud And Misappropriation - Moss Ordered To Pay More Than $2 Million To Settle CFTC Anti-Fraud Action

Date 13/07/2011

The U.S. Commodity Futures Trading Commission (CFTC) today filed and simultaneously settled charges that Robert S. Moss, of Charlotte, N.C., fraudulently solicited more than $3 million from 22 individuals to trade options on commodity futures through a commodity pool. Moss has never been registered with the CFTC.

Remarks by Assistant Secretary Mary Miller at a SIFMA Regulatory Reform Summit

Date 13/07/2011

Thank you, it is a real pleasure to be here today.  I want to thank SIFMA for including me in this program.

In my role covering financial markets at the Treasury, there are many things we could talk about today.  Front and center in the news and in much of my ongoing work is the debt limit and ongoing deficit negotiations in Washington.  I hope to have a chance to answer a few questions about those issues at the end of this speech, but I would like to first focus on financial regulatory reform. 

CFTC To Hold Open Meeting To Consider Four Final Rule Proposals And One Proposed Rule Under The Dodd-Frank Act

Date 13/07/2011

The Commodity Futures Trading Commission (CFTC) will hold a public meeting on Tuesday, July 19, 2011, at 9:30 a.m. to consider four final rules and one proposed rule under the Dodd-Frank Wall Street Reform and Consumer Protection Act.

SIFMA President and CEO Tim Ryan's Remarks as Prepared for SIFMA’s Regulatory Reform Summit: Dodd-Frank Impact Analysis

Date 13/07/2011

Click here to download SIFMA President and CEO Tim Ryan's remarks as prepared for SIFMA’s Regulatory Reform Summit: Dodd-Frank Impact Analysis.

CFTC Obtains Default Judgment And Permanent Injunction Against Florida Resident David L. Ortiz And His Companies For Defrauding Customers In Off-Exchange Foreign Currency Scam - Court Orders Defendants To Pay More Than $1 Million In Sanctions And Customer Restitution And Permanently Bars Them From The Commodities Industry

Date 13/07/2011

The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge K. Michael Moore of the U.S. District Court for the Southern District of Florida entered an order of default judgment and permanent injunction against David L. Ortiz of Vero Beach, Fla., and his companies, Goyep International, Inc. (Goyep) of Vero Beach, Fla., and Royal Returns, Inc. of Hollywood, Fla. The order stems from a CFTC enforcement action filed on February 23, 2011 that charged the defendants with defrauding customers in an off-exchange foreign currency (forex) scam and with misappropriating customer funds (see CFTC New Release 5992-11).

SEC Charges Armor Holdings, Inc. With FCPA Violations In Connection With Sales To The United Nations

Date 13/07/2011

The Securities and Exchange Commission charged Armor Holdings, Inc. with violating the Foreign Corrupt Practices Act (FCPA) by participating in a bribery scheme from 2001 through 2006 to obtain contracts to supply body armor for use in United Nations (U.N.) peacekeeping missions. The SEC also charged Armor Holdings, a Florida-based manufacturer of military and law enforcement safety equipment, with failing to properly account for more than $4 million in commissions from 2001 through 2007 in violation of the books and records and internal controls provisions of the federal securities laws.

Natural Gas Exchange Continues U.S. Expansion By Adding Two New Hubs

Date 13/07/2011

Natural Gas Exchange Inc. (NGX), a wholly-owned subsidiary of TMX Group, today announced that it successfully initiated physical clearing at two new hubs in the U.S. market earlier this week.