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  • FINRA Vice Chairman Stephen Luparello Leaving To Join WilmerHale

    Date 04/09/2012

    The Financial Industry Regulatory Authority (FINRA) announced today that FINRA Vice Chairman Stephen Luparello, who has been at FINRA and one of its predecessor organizations, NASD, for more than 16 years, is leaving to join the WilmerHale law firm in Washington, D.C. Luparello's last day at FINRA will be October 7.

  • SEC Charges China-Based Company And Top Executive With Inflating Financial Results Through Phony Sales

    Date 04/09/2012

    The Securities and Exchange Commission today charged a China-based company and its chief executive with fraud for recording fake sales of a weight loss product to inflate revenues in the company’s financial statements by millions of dollars.

  • BOX Options Exchange Price Improvement Activity For August

    Date 04/09/2012

    In the month of August, price improved contracts onBOX Options Exchange (“BOX”) averaged 260,924 per day.  Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction (“PIP”) averaged $144,962 per day, while total savings to investors this month were $3.3 MM. With this, BOX has saved investors over $398 MM since its inception in 2004. Overall average daily trading volume on BOX in the monthof August was 527,405 contracts.

  • Eurozone Crisis Tops First Day Back - European Parliament Committee On Economic And Monetary Affairs

    Date 04/09/2012

    Bank supervision, wider economic governance and the European Central Bank's role in stemming the Eurozone crisis dominated discussions with ECB President Mario Draghi and Commissioners Michel Barnier and Olli Rehn on Monday in Parliament.

  • MGEX Reports Top Monthly Volume Of Past Twelve Months

    Date 04/09/2012

    MGEX,  a  Designated  Contract  Market  (DCM)  and  Derivatives  Clearing Organization (DCO), today reported total Exchange volume of 133,960 contracts for August, which represents a 32 percent increase when compared to July. Of that, total Exchange futures represented 132,900 contracts and total Exchange options represented 1,060 contracts. Also seeing a slight increase from July is Exchange futures open interest which is at 39,554 as of August 31, 2012.