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

    Date 04/06/2009

    Standard & Poor's Canadian Index Operations announces the following index changes: The unitholders of Ag Growth Income Fund (TSX:AFN.UN) have approved the conversion of the company to a corporate structure. The units will be exchanged on a 1-for-1 basis for Ag Growth International Inc. (TSX:AFN). Ag Growth International will be added to the S&P/TSX Equity SmallCap Index. The conversion is effective after the close of Friday, June 5, 2009. The name and ticker change, with no change in

  • Program Trading Averaged 33.7 Percent Of NYSE Volume During May 26-29

    Date 04/06/2009

    The New York Stock Exchange, a subsidiary of NYSE Euronext (NYX), today released its weekly program-trading data submitted by its member firms. The report includes trading in all markets as reported to the NYSE for May 26-29.

  • FINRA Fines Three Firms Over $1.25 Million For Failing To Detect, Investigate And Report Suspicious Transactions In Penny Stocks - J.P. Turner, Park Financial, Legent Clearing Ignored Indications Customers May Have Been Engaged In Illegal Conduct Two Ind

    Date 04/06/2009

    The Financial Industry Regulatory Authority (FINRA) announced today that it has fined three broker-dealers — J.P. Turner & Co., of Atlanta, Park Financial Group, Inc., of Maitland, FL, and Legent Clearing, LLC, of Omaha — for failing to implement reasonable anti-money laundering (AML) compliance programs, including the failure to detect, investigate and report instances of potentially suspicious transactions in low-priced stocks.

  • BATS Exchange Releases BOLT

    Date 04/06/2009

    BATS Exchange announces the release of its BOLT (BATS Optional Liquidity Technology) pre-routing display strategy, effective Friday, June 5th.

  • SIFMA Supports Many Derivatives Reforms

    Date 04/06/2009

    Tim Ryan, President and CEO of the Securities Industry and Financial Markets Association (SIFMA), today released the following statement in conjunction with hearings in the Senate Agriculture Committee on regulatory reform and the derivatives markets: “Restoring stability and confidence in the economy remains our highest priority. We need smart regulatory reform that provides additional oversight of the derivatives market and greater transparency of all derivatives products for reg