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  • SEC Proposes IPO Allocation Reforms

    Date 13/10/2004

    The Securities and Exchange Commission today proposed amendments to Regulation M that would prohibit certain market activities that undermine the integrity and fairness of the offering process, particularly with respect to the allocation of Initial Public Offerings (IPOs). The amendments would also enhance the transparency of underwriters’ aftermarket activities.

  • SEC Charges Royal Ahold And Three Former Top Executives With Fraud; Former Audit Committee Member Charged With Causing Violations Of The Securities Laws

    Date 13/10/2004

    The Securities and Exchange Commission today announced the filing of enforcement actions alleging fraud and other violations against Royal Ahold (Koninklijke Ahold N.V.) (Ahold) and three former top executives: Cees van der Hoeven, former CEO and chairman of executive board; A. Michiel Meurs, former CFO and executive board member; and Jan Andreae, former executive vice president and executive board member. The Commission also charged Roland Fahlin, former member of Ahold's supervisory board and

  • OneChicago Launched Two New Single Stock Futures

    Date 13/10/2004

    The CME Contract Specifications pages on the CME's Web site have been updated to reflect the following: The CME Clearing Codes web page for OneChicago products has been updated to show the additional 2 stock futures that launched on October 12, 2004. The two new Single Stock Futures are Carnival Corporaton and Limited Brands, Inc.

  • One Chicago To Launch 1 New Single Stock Future On October 14, 2004

    Date 13/10/2004

    The CME Contract Specifications pages on the CME's Web site have been updated to reflect the following: The CME Clearing Codes web page for OneChicago products has been updated to show the additional single stock future that will launch on October 14, 2004. The new Single Stock Futures is News Corporation, Ltd.

  • NYSE Announces Disciplinary Actions Against Four Member Firms and 12 Individuals

    Date 13/10/2004

    The New York Stock Exchange has taken disciplinary actions against four member firms and 12 individuals for violations of NYSE rules and federal securities laws. The cases, prosecuted by the NYSE Division of Enforcement, may be subject to review by the Securities and Exchange Commission and, thereafter, federal courts. Additionally, a recent decision by the United States Court of Appeals for the Second Circuit, relating to two disciplinary actions completed by the NYSE in late 2002, is summarize