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SEC Issues Risk Alert On Strengthening Practices For Underwriting Of Municipal Securities, And Investor Bulletin On Municipal Bonds

Date 19/03/2012

The Securities and Exchange Commission today issued a Risk Alert on compliance measures to help broker-dealers fulfill their due-diligence duties when underwriting offerings of municipal securities. The agency also issued an Investor Bulletin to help educate investors about municipal bonds.

ICAP hires Mark Newson-Smith Into Metals Business

Date 19/03/2012

ICAP, the world’s leading interdealer broker, has hired Mark Newson-Smith as a broker in its metals business in London. Mark previously worked at Galena Asset Management as well as Bank of America, HSBC and Mitsui.

Klaus Regling Of The EFSF Speaks On The Lessons Of The Crisis In Europe At The 2012 Stock Exchange Day In Luxembourg

Date 19/03/2012

The Luxembourg Stock Exchange held the thirtieth edition of its “Stock Exchange Day” on 19 March 2012 in Kirchberg, Luxembourg. Nearly a thousand people representing the financial community and other sectors of economic and political life of the country and abroad attended the event. The guest speaker was Klaus Regling, CEO of the European Financial Stability Facility (EFSF) who spoke on the topic “Lessons from the crisis – Europe’s return to stability and growth”.

U.S. Department Of The Treasury Completes Wind Down Of Mortgage-Backed Securities Investment, Generates $25 Billion Positive Return For Taxpayers

Date 19/03/2012

Today, the U.S. Department of the Treasury announced the completion of the orderly wind down of its agency-guaranteed mortgage-backed securities (MBS) portfolio, which it acquired as part of its response to the financial crisis. Overall, Treasury’s MBS portfolio generated a positive return of $25 billion for taxpayers.

Recommendations To The Annual General Meeting For The Election Of The Supervisory Board

Date 19/03/2012

ISDA EMEA Determinations Committee: CDS Auction Relating To The Hellenic Republic

Date 19/03/2012

The International Swaps and Derivatives Association, Inc. (ISDA) today announced that the Auction in respect of outstanding CDS transactions relating to The Hellenic Republic has been successfully completed.  

Markit And IntercontinentalExchange Announce Results Of Credit Event Auction Re: The Hellenic Republic

Date 19/03/2012

Markit and IntercontinentalExchange's Creditex subsidiary today announced the results of a Credit Event Auction conducted to facilitate settlement of credit default swap (CDS) trades referencing The Hellenic Republic's sovereign debt.  This is the second time that a Credit Event Auction has been run to settle credit default swaps (CDS) referencing the debt of a sovereign nation.

Semi-Annual Changes To The NASDAQ OMX Clean Edge Global Wind Energy Index

Date 19/03/2012

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and Clean Edge, Inc. announced today the results of the semi-annual evaluation of the NASDAQ OMX^®Clean Edge^® Global Wind Energy Index (Nasdaq:QWND), which will become effective with the market open today.

FINRA Fines Citi International Financial $600,000 And Orders Restitution Of $648,000 For Excessive Markups And Markdowns

Date 19/03/2012

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Citi International Financial Services LLC, a subsidiary of Citigroup, Inc., $600,000 and ordered more than $648,000 in restitution and interest to more than 3,600 customers for charging excessive markups and markdowns on corporate and agency bond transactions, and for related supervisory violations.

Semi-Annual Changes To The NASDAQ OMX Clean Edge Smart Grid Infrastructure Index

Date 19/03/2012

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and Clean Edge, Inc. announced today the results of the semi-annual evaluation of the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index (Nasdaq:QGRD), which will become effective with the market open today.