Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • Protection For Investors Embrace Revival - Shenzhen Stock Exchange And China Securities Regulation Commission Xinjiang Branch Jointly Hold “Protection For Investors” Training And Exchange

    Date 27/04/2012

    On 26 April, Shenzhen Stock Exchange and Xinjiang Bureau of China Securities Regulation Commission jointly held a “members network ‘protection for investors’” training exchange activity, with the theme of ‘transparency, rationality, and appropriateness’. This activity aims at propelling the members to enhance works on protection for investors, guiding the investors to invest rationally, deepening the investor appropriateness management in the multi-layer capital market, and foster inghealthy and rational investing culture in the capital market. More than 300 people, including directors of members’ network in Xinjiang, and all the members of securities and futures associations, attended this training. Song Liping, general manager of SZSE and Hou Lichun, party secretary and director of Xinjiang Bureau of CSRC addressed the activity.

  • Asia Faces Stronger Growth, But Further Rebalancing Critical, Says IMF’s Asia-Pacific Regional Economic Outlook

    Date 27/04/2012

    Growth in Asia is expected to pick up this year, after slowing in the last quarter of 2011, but Asian policymakers now face the challenging task of adjusting policies to support stable, non-inflationary growth, the International Monetary Fund (IMF) said in its latest Regional Economic Outlook (REO) for Asia and the Pacific, which was released in Kuala Lumpur, Malaysia, today.

  • Shenzhen Stock Exchange: 2012 ChiNext Q1 Performance Summary

    Date 27/04/2012

    Up to April, 27, 311 ChiNext-listed companies had disclosed 2012 Q1 report or relevant financial data. 311 companies garnered the aggregate operating income of 33.358 billion yuan for the first quarter;the average operating income reached 107 million yuan, up 12.79 percent year-on-year, higher than 0.96 percent, 12.05 percent growth rate respectively for the main board and SME board in the same period. The aggregate net profit came to 4.495 billion yuan, with the net profit averaged 14.45 million yuan, keeping even compared with the same period last year in which the average net profit slid 19.54 percent, 9.63 percent respectively for the main board and the SME board. Among these companies, 215 had the growth compared with last year, accounting for 69.13 percent. 81 got the decline year-on-year, representing 26.05 percent; 15 companies reported the loss for 2012 first quarter, taking 4.82 percent.  

  • Federal Court Enters Order Settling CFTC $85 Million Forex Fraud Action Against California Resident Peter Son And His Companies SNC Asset Management, Inc. And SNC Investments, Inc. - Defendants Ordered To Pay $5 Million Civil Monetary Penalty - Son Pleaded Guilty To Federal Charges In Related Criminal Action And Was Sentenced To 180 Months In Prison And Ordered To Pay Over $60 Million In Restitution

    Date 26/04/2012

    The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court supplemental consent order requiring defendants Peter Son (Son) of Danville, Calif., and his companies, SNC Asset Management, Inc., and SNC Investments, Inc., to pay a $5 million civil monetary penalty. The court also ordered Son’s wife, relief defendant Ann Lee (Lee), to disgorge $300,000 of ill-gotten gains. The court’s supplemental consent order, entered on April 19, 2012, by Judge Maxine M. Chesney of the U.S. District Court for the Northern District of California, resolves a CFTC complaint that charged the defendants with operating an $85 million fraudulent foreign currency (forex) scam (see CFTC Press Release 5666-09, June 9, 2009). The CFTC complaint named Lee as a relief defendant because she received monthly funds as purported wages, although she performed no services for SNC.

  • FSB Publishes Interim Report On Securities Lending And Repos

    Date 26/04/2012

    The Financial Stability Board (FSB) published today a report entitled  Securities Lending andRepos: Market Overview and Financial Stability Issues. The report describes the segments, operations and practices of these securities financing markets, which may constitute an important element of the shadow banking system. The FSB is examining the regulation of securities financing markets from a financial stability perspective as part of its wider work onshadow banking, on which the FSB will issue recommendations by the end of 2012.