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UK’s HM Treasury Announces New Non-Executive Directors Of The Financial Services Authority

Date 29/11/2004

The Financial Secretary to the Treasury Stephen Timms today announced that Karin Forseke and Michael Slack have been appointed Non-executive Directors of the FSA.
UK’s Financial Services Authority Rules Herald New Era Of Financial Advice

Date 29/11/2004

A new era of financial advice will begin on December 1st when the FSA's rules allowing depolarisation come into effect. The new regulations, detailed in today's policy statement, remove the artificial restrictions of the old system of 'polarisation', increasing the range of products available to consumers as well as giving them a clearer picture of what they are paying for advice.
UK’s Financial Services Authority Censures The Underwriter And Fines Its Former CEO Mr Keith John Rutter £20,000

Date 29/11/2004

The FSA has today imposed a statement of public censure on The Underwriter Insurance Company Limited (The Underwriter) and fined its former CEO Mr Keith John Rutter (Mr Rutter) £20,000. These actions relate to steps taken by The Underwriter in 2001 and 2002, when Mr Rutter was CEO, which had the effect of circumventing regulatory requirements set by the FSA.
The Spanish Stock Exchange Trades 72 New Warrants Issued By Banesto And Commerzbank - The Number Of Warrants Admitted To Trading Up To November Amounts To 1,469, Which Exceeds By 50% All The Warrants Listed All Through 2003

Date 29/11/2004

The Spanish stock exchange today began trading 72 new warrants issued by Banesto Banco de Emisiones and 45 by Commerzbank.. The issue is linked to a wide scope of underlying assets, among which there are domestic and foreign shares and indices.
Thailand’s Listed Firms To Gain Tax Privileges Corresponding To Their Paid-Up Capital Under The New Listing Rules

Date 29/11/2004

Starting from January. 1, 2005, onwards new listing requirements will apply for companies seeking listing on the SET and the mai. The new listing requirements will bring with them new tax privileges corresponding to the paid-up capital of the companies seeking listing. Firms wishing to list using the current rules must notify the SET by no later than November 30, 2004.

Standard & Poor’s Announces Changes to U.S. Indices

Date 29/11/2004

Standard & Poor’s hereby announces changes to the S&P 500 and S&P SmallCap 600 Indices. Both company additions will be made at full market cap weight, and are as follows:
Standard & Poor’s Announces Changes To The S&P Hedge Fund Index

Date 29/11/2004

Standard & Poor’s, the leading provider of independent investment research, indices and ratings, will make the following changes to the S&P Hedge Fund Index (S&P HFI):
SGX To Launch Phase Two Of Research Incentive Scheme With Participation From 50 Listed Companies And Five Research Firms

Date 29/11/2004

Singapore Exchange Ltd (SGX) today announced the list of SGX-listed companies and research firms which are participating in phase two of the SGX-MAS Research Incentive Scheme.
Securities Industry Association: Changes In Employment Trends Point To More Diverse US Workforce

Date 29/11/2004

The latest issue of Securities Industry Trends explores the demographic makeup of the securities industry’s workforce and how it is affected by the changing nature of the business. Rob Mills, Securities Industry Association vice president and director of industry research, shows that, while recent market forces – including increasing use of automation, continued consolidation, and workforce reductions – have negatively impacted women more than men, women are making significant inroads in
SEC: Fee Rate Advisory #5 For Fiscal Year 2005

Date 29/11/2004

The continuing resolution funding the Securities and Exchange Commission for fiscal 2005 has been extended through Dec. 8, 2004. Therefore, fees paid under Section 6(b) of the Securities Act of 1933 and Sections 13(e), 14(g) and 31 of the Securities Exchange Act of 1934 will remain at their current rates.