Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • SEC Files Civil Fraud Case Against Fleet's Columbia Mutual Fund Adviser And Distributor For Multiple Undisclosed Market Timing Arrangements

    Date 24/02/2004

    The Securities and Exchange Commission filed a civil fraud action today in federal court in Boston alleging that Columbia Management Advisors, Inc. and Columbia Funds Distributor Inc. allowed certain preferred mutual fund customers to engage in short-term and excessive trading, while at the same time representing publicly that it prohibited such trading. Columbia Management Advisors, Inc. is a registered investment adviser that manages Columbia mutual funds; Columbia Funds Distributor is a regis

  • R. J. O'Brien Launches New Foreign Exchange Managed Account Program

    Date 24/02/2004

    R. J. O'Brien Foreign Exchange, Inc. (RJO FX), an affiliate of R. J. O'Brien and Associates, Inc. (RJO), a Chicago-based Futures Commission Merchant, has launched a new multi-manager Foreign Exchange Managed Account Program effective January 2, 2004.

  • NYBOT's New York Clearing Corporation Selects JPMorgan Treasury Services As Its CLS Provider

    Date 24/02/2004

    The New York Board of Trade® (NYBOT®) clearing house, the New York Clearing Corporation® (NYCC®), has selected JPMorgan Treasury Services (TS), a unit of JPMorgan Chase Bank and a leader in global payment, trade and treasury services management, to be its Continuous Linked Settlement (CLS) service provider, a Payment vs. Payment settlement system which helps to remove risk.

  • New York Attorney General Spitzer Files Civil Charges Against Fleetboston Subsidiaries In Market Timing Case

    Date 24/02/2004

    Attorney General Eliot Spitzer today announced civil charges against Columbia Management Advisors, Inc. and Columbia Funds Distributor Inc. - both subsidiaries of FleetBoston Financial Corporation - for engaging in a massive mutual fund timing scheme.

  • NASDAQ Commends The SEC For Market Structure Reforms

    Date 24/02/2004

    The Nasdaq Stock Market, Inc. (NASDAQ ®; OTCBB: NDAQ), today voiced its support for the Securities and Exchange Commission's (SEC) market structure proposals. Although company senior officials are in the process of reviewing the newly proposed rules, NASDAQ is encouraged by the reforms set forth by Chairman Donaldson and the Commission, which signal a historic development within U.S. market structure.