FTSE Mondo Visione Exchanges Index: 99,809.16 -203.95

News Centre

MassMutual To Pay $1.625 Million After SEC Investigation Highlights Prior Insufficient Disclosures About Annuity Product - MassMutual Changes Product Before Any Investors Harmed

Date 15/11/2012

The Securities and Exchange Commission today charged Massachusetts Mutual Life Insurance Company with securities law violations for failing to sufficiently disclose the potential negative impact of a "cap" it placed on a complex investment product that investors were planning to use for retirement.
Effective Small Business Capital Formation Requires Investor Protection To Foster Investor Confidence By Commissioner Luis Aguilar, U.S. Securities And Exchange Commission

Date 15/11/2012

I would like to add my welcome to the panel members and other participants in today’s Forum on Small Business Capital Formation. I also want to welcome the members of the public in attendance, as well as those viewing by webcast. Before I begin, let me note that these remarks are my own, and do not necessarily reflect the views of the Securities and Exchange Commission, my fellow Commissioners, or the Commission’s staff.
IMF Releases Results Of 2011 Coordinated Portfolio Investment Survey

Date 15/11/2012

The International Monetary Fund (IMF) today released preliminary results from its 2011 annual Coordinated Portfolio Investment Survey (CPIS), the only global survey of portfolio investment holdings. The CPIS collects information on the stock of cross-border holdings of equities and long- and short-term debt securities broken down by the economy of residence of the issuer. The results—identifying the value of positions in equity and debt securities as of end–2011—cover 73 CPIS-participating economies, compared to 76 that reported data for end–2010.
SEC Receives More Than 3,000 Whistleblower Tips In FY2012

Date 15/11/2012

Over the past year, the Securities and Exchange Commission received more than 3,000 whistleblower tips from all 50 states and from 49 countries, according to the agency's 2012 Annual Report on the Dodd-Frank Whistleblower Program released today.
Program Trading Averaged 28.1 Percent Of NYSE Volume During Nov. 5-9

Date 15/11/2012

The New York Stock Exchange, a subsidiary of NYSE Euronext (NYX), today released its weekly program-trading data compiled from member firms' executed volume from NYSE's orders database. The report includes trading on the NYSE for Nov. 5-9.

SEC Issues Staff Summary Report Of Examinations Of Nationally Recognized Statistical Rating Organizations

Date 15/11/2012

The Securities and Exchange Commission today issued its second annual staff report on the findings of examinations of credit rating agencies registered with the SEC as Nationally Recognized Statistical Rating Organizations (NRSROs). The staff determined that with one exception, all NRSROs appropriately addressed the staff's recommendations in the first annual report in 2011. In addition, the staff announced a new initiative to highlight compliance issues at credit rating agencies between examinations.
Direct Edge Trading Notice #12-55: Route Peg Order Functionality

Date 15/11/2012

Please be advised that EDGA Exchange, Inc. ("EDGA^®") and EDGX Exchange, Inc. ("EDGX^®", and together with EDGA, “the Exchanges”) have discovered a discrepancy between their rules that describe the operation of the Route Peg Order — EDGA Rule 11.5(c)(14) andEDGX Rule 11.5(c)(17) (together, the “Route Peg Rules”) — and the actual manner in which the Route Peg Order operates on the Exchanges’ Systems. This discrepancy has existed since the inception of the Route Peg Order types on the Exchanges on September 7, 2012.
Vienna Stock Exchange: Austrian Day 2012 In Zurich In Collaboration With UBS

Date 15/11/2012

On November 20, 2012, the Vienna Stock Exchange will hold a road show in Zurich.
UK’s Financial Services Authority: Investment Banker Guilty Of Insider Dealing

Date 15/11/2012

In a prosecution brought by the Financial Services Authority (FSA) Thomas Ammann has pleaded guilty to two counts of insider dealing and two counts of encouraging insider dealing. Ammann will be sentenced on a date to be confirmed.
Fixnetix Deploys Market Data FPGA From NovaSparks For Asperatus Capital - Systematic Hedge Fund trades With Fastest Market Data Feeds

Date 15/11/2012

15^th of November, 2012 Fixnetix, managed services provider for ultra-low latency market data, trading and risk control, announced today long-time customer Asperatus Capital has chosen NovaSparks for deterministic FPGA market data. Fixnetix and NovaSparks are financial technology (FINTECH) vendors servicing investment banks, hedge funds, proprietary trading firms and market makers. Customers such as Asperatus Capital choose to outsource technology based on time savings, ease of integration, bespoke design, expert support and most importantly, low cost of ownership.