News Centre

New Zealand's Financial Markets Authority Update 6 June 2013

Date 06/06/2013

FMA’s supervision of Anti-Money Laundering and Countering Financing of Terrorism

From 30 June 2013, FMA’s role as a supervisor will be to monitor compliance with the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (AML/CFT Act), including assessment of the adequacy and effectiveness of reporting entities’ systems and controls, to detect and deter money laundering and terrorist financing, and to take action where these fall below the expected standard.

NZX May 2013 Shareholder Metrics

Date 05/06/2013

Please find attached Shareholder Metrics for May 2013.

Attachments

• NZX May 2013 Shareholder Metrics

NASDAQ Weekly Market Pulse - Housing Sector Down This Week Following A Sharp Rise In Mortgage Interest Rates

Date 05/06/2013

The PHLX Housing Sector Index (HGX) suffered a sizable decline over the past week dropping by 4.8%. The recent backup in mortgage rates seemed to be the catalyst for the downside move as some investors fear higher rates could push prospective buyers off the fence. The NASDAQ Biotechnology Index (NBI) also declined considerably this week, falling 3.8% compared to last week when it rose nearly 2.0%.

SEC Proposes Money Market Fund Reforms

Date 05/06/2013

The Securities and Exchange Commission today voted unanimously to propose rules that would reform the way that money market funds operate in order to make them less susceptible to runs that could harm investors.

NASDAQ OMX May 2013 Volumes

Date 05/06/2013

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today reported monthly volumes for May 2013, on its investor relations website. A data sheet showing the monthly volumes can be found at: http://ir.nasdaqomx.com/monthly-reporting/

IMF Executive Board Reviews Greece Misreporting, Remedial Steps

Date 05/06/2013

The Executive Board of the International Monetary Fund (IMF) has reviewed a non-complying purchase by Greece totaling SDR 2.79 billion (about €3.3 billion) that was made on January 18, 2013, following the completion by the Executive Board of the first and second reviews under Greece’s Extended Arrangement under the Extended Fund Facility.

Changes To MDAX And SDAX - Deutsche Börse Reviewed Index Composition - Changes Are Effective On 24 June 2013

Date 05/06/2013

On Wednesday Deutsche Börse decided on changes in its selection indices that will become effective 24 June 2013.

SIFMA Statement On SEC’s Proposed Money Market Fund Reform

Date 05/06/2013

SIFMA today released the following statement from Timothy Cameron, managing director and head of SIFMA’s Asset Management Group (AMG), after the Securities and Exchange Commission (SEC) today voted on proposed rules to reform money market funds (MMFs). 

SEC Charges Penny Stock Company And CEO for Illegal Stock Offering And Insider Trading

Date 05/06/2013

The Securities and Exchange Commission today charged a microcap company that was ensnared in an SEC trading suspension proactively targeting questionable penny stocks, and also charged the CEO who illicitly profited from selling his shares while investors were unaware of the company’s financial struggles.

TSX Markets: Top 20 Largest Consolidated Short Position Report - May 31, 2013

Date 05/06/2013

Please find below the Top 20 Largest Consolidated Short Position Report Highlights. The report is produced twice monthly, effective the 15th and the end of each month. The report below covers the 2-week period ending May 31th, 2013.