Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • SEC Charges Recidivist Broker-Dealer In Employee’s Long-Running Pump-And-Dump Fraud

    Date 27/03/2018

    The Securities and Exchange Commission announced charges against Wedbush Securities Inc. for failing to supervise employee Timary Delorme after the broker-dealer ignored numerous red flags indicating that Delorme was involved in a long-running pump-and-dump scheme targeting retail investors.  Delorme agreed to settle fraud charges stemming from the same scheme.  This is the second SEC action against Wedbush this year and the third since 2014.      

  • Canadian Securities Administrators Announce Policy Projects Aiming To Reduce Regulatory Burden In Public Markets

    Date 27/03/2018

    The Canadian Securities Administrators (CSA) today published CSA Staff Notice 51-353 Update on CSA Consultation Paper 51-404 Considerations for Reducing Regulatory Burden for Non-Investment Fund Reporting Issuers, which outlines the CSA’s plan to pursue policy projects to examine specific prospectus requirements, revisit certain continuous disclosure requirements, and enhance electronic delivery of documents.

  • Cboe Vest’s New “Dividend Aristocrats” ETF (Ticker: KNG) Combines Quality Dividend Growers With Partial Call Overwriting Strategy, Targeting Income With Growth

    Date 27/03/2018

    • Cboe Vest is building the second generation of option-based index strategies. Such strategies incorporate novel uses of options seeking to achieve targeted portfolio return features such as risk mitigation, growth or income. Similar to the evolution from market-capitalization-weighted traditional beta strategies to factor tilt second-generation strategies (colloquially known as “smart beta”), Options 2.0 strategies are an evolution from the first-generation of simple but fully covered-call and put writing options strategies.
    • Cboe Vest S&P 500® Dividend Aristocrats Target Income ETF (Ticker: KNG) is the first index-based ETF to combine the dividend growth factor, a recognized smart beta strategy, with a second-generation dynamic and partial covered-call options strategy.
    • KNG, which seeks to produce income with growth, is comprised of an equally weighted portfolio of well-known “Aristocrats,” S&P 500 stocks with a history of 25 years of consecutive dividend growth. A monthly call overwrite strategy applied to a small part of the stock holdings converts a portion of the future growth of each stock into current income.
    • The fund gives investors access to a strategy targeting annualized income of 3.0% over the annual dividend yield of S&P 500 Index, with proportional price returns, in a single ticker.

  • Borsa İstanbul Announces Constituent Changes To The BIST-KYD Fund Indices For The Second Quarter Of 2018

    Date 27/03/2018

    Referring to 3.3. article of the BIST-KYD Indices Ground Rules, constituent changes to the BIST-KYD Fixed Income Fund Index and BIST-KYD Equity Fund Index for the second quarter of 2018 are determined. All changes will be effective on April 2, 2018.

  • ESM Board Of Directors Approves €6.7 Billion Loan Tranche To Greece

    Date 27/03/2018

    Today the Board of Directors of the European Stability Mechanism (ESM) approved the fourth tranche of €6.7 billion of ESM financial assistance for Greece. This decision follows the Greek government’s completion of all prior actions and the subsequent approval of the Supplemental Memorandum of Understanding by the ESM Board of Governors. The tranche will be used for debt service, domestic arrears clearance and for establishing a cash buffer. The Board also approved an amendment to the Financial Assistance Facility Agreement (FFA) between the ESM and Greece.