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  • Statement From SEC Chairman Schapiro On Financial Accounting Foundation Developments

    Date 24/08/2010

    The following is a statement from SEC Chairman Mary L. Schapiro regarding today's announcement by the Board of Trustees of the Financial Accounting Foundation (FAF) that the Financial Accounting Standards Board (FASB) will expand to seven members. In addition, FASB Chairman Robert Herz has decided to retire from the FASB, and current FASB member Leslie Seidman has been appointed Acting Chairman effective October 1.

  • Treatment Of San Miguel Corp B In The S&P/IFCI Carbon Efficient Index

    Date 24/08/2010

    Standard & Poor’s announced today that it will delete San Miguel Corp B (Philippines, SEDOL: 6775777) from the S&P/IFCI Carbon Efficient index and add San Miguel Corp (Philippines, SEDOL: 6775755). San Miguel Corporation has reclassified its A & B share classes in a mandatory exchange for a new common share line. All changes will be effective after the close of business of Wednesday, August 25th, 2010.

  • SEC Freezes Assets Of Two Traders In Spain For Insider Trading Around Public Announcement Of BHP Acquisition Bid

    Date 24/08/2010

    The Securities and Exchange Commission has charged two residents of Madrid, Spain with insider trading and obtained an emergency court order to freeze their assets after they made nearly $1.1 million in illegal profits by trading in advance of last week's public announcement of a multi-billion dollar cash tender offer by BHP Billiton Plc to acquire Potash Corp. of Saskatchewan Inc.

  • STOXX Changes Composition Of Benchmark Indices - Results Of The Third Regular Quarterly Review To Be Effective On September 20, 2010

    Date 24/08/2010

    STOXX Limited, a global index provider and creator of the leading European equity indices, today announced the new composition of the STOXX Global 1800 Index, STOXX Europe Total Market Index, STOXX Europe 600 Index, STOXX Americas 600 Index, STOXX Asia/Pacific 600 Index, STOXX EU Enlarged Total Market Index, STOXX Eastern Europe Total Market Index, STOXX Eastern Europe 300 Index and their sub- and sector indices, as well as that of the <

  • FIA’s Forum On The Impact Of Financial Reform On Derivatives Market Participants

    Date 24/08/2010

    The FIA hosted a financial reform forum on Aug. 9 in New York with officials speaking from the Commodity Futures Trading Commission and the Securities and Exchange Commission on the impact that the Dodd-Frank Wall Street Reform and Consumer Protection Act will have on the derivatives industry. The forum included several panels on a range of topics including a discussion on upcoming CFTC/SEC rulemakings, the timeline for implementing the legislation, new roles and requirements for intermediaries