News Centre

KVH And Ciena Complete Successful 10 Gigabit Ethernet Wirespeed Link Encryption Trial For The First Time In Japan - To Offer Ultra Low-Latency And High-Performance Encryption Solution To Security Conscious Customers

Date 27/07/2011

KVH Co. Ltd., Japan's leading information delivery platform providing IT and communication solutions, and Ciena(R) Corporation (NASDAQ: CIEN), the network specialist, today announced they successfully completed a transmission trial of an encrypted 10 Gigabit per second (Gb/s) Ethernet data connection between KVH Data Centers in Tokyo and Chiba, Japan. Based on Ciena’s 5000 Advanced Services Family, this trial is the first successful encrypted 10 Gigabit Ethernet transmission trial using optical transport equipment in Japan. The success of this trial will enable the two companies to offer a new differentiated encryption solution delivering best-in-class latency and addressing the high-quality service needs of enterprises in financial or transaction-oriented industries in Japan. The two companies aim to commercialize the new service within 2011.

Shanghai Stock Exchange Holds ETF Investment Training Seminar

Date 27/07/2011

The Shanghai Stock Exchange (SSE) invited 100-plus people from 20 large securities companies' business departments as well as fund companies, software tool companies and EFT investors in Northeast China to Dalian for the special ETF business training and exchange on July 26.

CFTC: Meeting Of The Technology Advisory Subcommittee On Data Standardization

Date 26/07/2011

The Commodity Futures Trading Commission (CFTC) announced that Subcommittee on Data Standardization, a new Subcommittee of the CFTC’s Technology Advisory Committee will hold a public meeting.

NASDAQ Announces Mid-Month Open Short Interest Positions In NASDAQ Stocks as of Settlement Date July 15, 2011

Date 26/07/2011

At the end of the settlement date of July 15, 2011, short interest in 2,297 NASDAQ Global Market^SM securities totaled 6,731,359,242 shares compared with 6,794,258,468 shares in 2,303 Global Market issues reported for the prior settlement date of June 30, 2011. The mid-July short interest represents 3.62 days average daily NASDAQ Global Market share volume for the reporting period, compared with 3.69 days for the prior reporting period.

CFTC Chairman Gary Gensler Announces Appointment Of Tony Thompson As Executive Director

Date 26/07/2011

The Commodity Futures Trading Commission (CFTC) today announced the appointment of Tony Thompson to serve as the agency’s Executive Director.  Mr. Thompson is the Deputy Administrator for the Office of Management at the U.S. Department of Agriculture’s (USDA) Food Safety and Inspection Service (FSIS).  Mr. Thompson will replace Madge Bolinger Gazzola, who recently retired after almost 35 years at the CFTC.

Treasury Department Announces Plans For Leadership Transition At The Consumer Financial Protection Bureau - Professor Elizabeth Warren To Return To Harvard Law School, Secretary Geithner To Name Raj Date As Special Advisor For The CFPB, Effective August 1

Date 26/07/2011

Today, the U.S. Department of the Treasury announced that Raj Date would replace Professor Elizabeth Warren as Special Advisor to the Secretary of the Treasury on the Consumer Financial Protection Bureau (CFPB), effective August 1.

Speech By SEC Commissioner Kathleen L. Casey: Statement At Open Meeting: Business Conduct Standards For Security-Based Swap Dealers And Major Security-Based Swap Participants

Date 26/07/2011

Thank you, Chairman Schapiro. I also want to thank the staff and particularly Robert Cook and the Division of Trading and Markets, for their excellent work on this release. This rulemaking presents a particularly difficult task for the Commission: we have been charged with, among the many mandates of Dodd-Frank, to draft business conduct standards governing the relationships between security-based swap dealers and major security-based swap participants and their counterparties, and we are doing so in effect contemporaneously with the establishment of the SEC’s registration and reporting regulatory regime for security-based swaps.

Speech By SEC Commissioner Luis A. Aguilar: Continued Efforts To Improve The Regulation Of Asset-Backed Securities

Date 26/07/2011

Poorly designed collateralized debt obligations and other asset-backed securities (“ABS”) contributed significantly to the collapse of the credit markets of 2008 and the subsequent financial crisis. These effects are still being felt by American families and businesses. It was demonstrated that the creation and distribution of these instruments significantly increased the degree of risk in our financial system, and caused great harm to investors and to the real economy.

NYSE Group Inc. Issues Short Interest Report

Date 26/07/2011

The NYSE Group, Inc. today reported short interest as of the close of business on the settlement date of July 15, 2011.

Speech By SEC Commissioner Troy A. Paredes: Statement At Open Meeting To Adopt A Final Rule Regarding Security Ratings For Forms S-3 And F-3 Eligibility

Date 26/07/2011

Thank you, Chairman Schapiro.

Section 939A of the Dodd-Frank Act contemplates the removal of references to credit ratings in rules and forms under the Securities Act and the Exchange Act. The recommendation before us goes toward giving effect to Dodd-Frank.