News Centre

Speech By SEC Commissioner Luis A. Aguilar: An Inflection Point: The SEC and the Current Financial Reform Landscape

Date 16/06/2011

Thank you. It is my pleasure to be here with you at the Social Investment Forum 2011 Conference focusing on Responsible Investing: Impact and Innovation. This Forum, sponsored by US SIF: The Forum for Sustainable and Responsible Investment, is coming at a critically important time. As I start my remarks, I first should issue the standard disclaimer that the views I express today are my own, and do not necessarily reflect the views of the Securities and Exchange Commission, my fellow Commissioners, or members of the staff.

Bermuda Stock Exchange Will Be Closed For Bermuda National Heroes Day

Date 16/06/2011

The Bermuda Stock Exchange (BSX) advises that the Exchange will be closed on Monday, 20 June, 2011, in observance of the Bermuda National Heroes Day Public Holiday. The BSX will re-open on Tuesday, 21 June, 2011.

Standard & Poor's Announces Changes In The S&P/TSX Venture Composite Index

Date 16/06/2011

Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Thursday, June 16, 2011:

• GASFRAC Energy Services Inc. (TSXVN:GFS) will be removed from the index. The company will graduate to trade on TSX under the same ticker symbol.

ISE Partners With UBS To Launch Two Exchange-Traded Notes (ETNs) On ISE’s New Strategy-Based Futures Indexes - New Products Are First ETNs Based On ISE Indexe

Date 16/06/2011

The International Securities Exchange (ISE) announced today that it has launched two new indexes, the ISE Oil Futures SpreadTMIndex (Ticker: GZN) and the ISE Natural Gas Futures Spread^TM Index (Ticker: GYY). These new indexes track continuous exposure to oil futures prices and natural gas futures prices, respectively, using packaged calendar spread strategies.

ISDA Chairman Stephen O’Connor Testifies Before The House Financial Services Committee

Date 16/06/2011

ISDA Chairman Stephen O’Connor's testimony before the House Financial Services Committee today in a hearing on “Financial Regulatory Reform: The International Context”. 

NYSE Euronext To Extend LCH.Clearnet Clearing Arrangements In Paris

Date 16/06/2011

NYSE Euronext today announced that  LCH.Clearnet has agreed to extend the arrangements under which LCH.Clearnet S.A. provides clearing services to the European Securities and Continental European Derivatives Markets of NYSE Euronext.

SIFMA CEO Testifies On Impact Of Dodd-Frank Regulations On Jobs And U.S. Competitiveness

Date 16/06/2011

In testimony today before the House Financial Services Committee, SIFMA president and CEO Tim Ryan discussed the impact of regulatory reform efforts, highlighting the importance of these efforts while also stressing that “it is equally important that policy makers, market participants, investors and consumers understand the magnitude and collective impact of these actions and their effect on U.S. markets, the economy and the lives of ordinary Americans.” 

TMX Group Hosts 2011 TMX Canadian Trading Conference

Date 16/06/2011

On Thursday, June 23, 2011, TMX Group will host the 2011 TMX Canadian Trading Conference.  The conference will feature TMX Group CEO Tom Kloet, who will discuss the proposed merger with London Stock Exchange Group in a session hosted by Thomas Caldwell, Chairman & CEO of Caldwell Securities Inc. 

SIFMA Statement On SEC Guidance On Swap Market Rules

Date 16/06/2011

SIFMA today issued the following statement from Ken Bentsen, Executive Vice President, following the announcement by the U.S. Securities and Exchange Commission of guidance as to which of the Dodd-Frank Title VII provisions will apply to security-based swap transactions as of July 16, the effective date of Title VII, and granted temporary relief to market participants from compliance with certain of those requirements:

“SIFMA welcomes the SEC’s guidance clarifying which of the Title VII requirements of the Dodd-Frank Act will apply as of the July 16th effective date of Title VII.  The guidance appropriately defers substantially all of Title VII's requirements applicable to security-based swaps and provides temporary relief from most new Exchange Act requirements. SIFMA also looks forward to the additional guidance addressing issues related to securities-based swaps being defined as securities, which is expected next week.  The Dodd-Frank Act creates an entire new legal framework and entails a complex rulemaking agenda.  We encourage and appreciate the efforts of regulators to get it right and to ensure markets are not disrupted while this important rulemaking proceeds.”

Program Trading Averaged 29.0 Percent Of NYSE Volume During June 6-10

Date 16/06/2011

The New York Stock Exchange, a subsidiary of NYSE Euronext (NYX), today released its weekly program-trading data compiled from member firms’ executed volume from NYSE’s orders database. The report includes trading on the NYSE for June 6-10.