News Centre

Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices

Date 09/02/2012

Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices:

The Bank of Nova Scotia (TSX:BNS) has announced the closing of a prospectus offering of common shares. As a result, the relative weight of Bank of Nova Scotia will increase in the S&P/TSX Composite and Capped Composite, the S&P/TSX Equity and Capped Equity, the S&P/TSX Capped Financials, the S&P/TSX 60, Equity 60 and 60 Capped, the S&P/TSX MegaCap, the S&P/TSX Equity Income and the S&P/TSX Composite Dividend indices to reflect this share issuance. There will be no weight changes effective in the S&P/TSX Canadian Dividend Aristocrats, the S&P/TSX 60 130/30 Strategy, the S&P/TSX Equal Weight Diversified Banks, the S&P/TSX 60 Equal Weight or the S&P/TSX Composite Equal Weight Indices. These changes will be effective after close on Thursday, February 16, 2012.

Commodity Futures Trading Commission Votes To Establish A New Subcommittee Of The Technology Advisory Committee (TAC) To focus On High Frequency Trading - New Subcommittee On Automated And High Frequency Trading Is Seeking Nominations For Members

Date 09/02/2012

Commissioner Scott D. O’Malia, the chairman of the Technology Advisory Committee (TAC), announces that the Commission has voted to establish a Subcommittee on Automated and High Frequency Trading tasked with developing recommendations regarding the definition of high frequency trading (“HFT”) in the context of the larger universe of automated trading. This definition of HFT is anticipated to serve as an initial step towards assessing the presence and impact of HFT in CFTC regulated markets for consideration of appropriate regulatory and policy responses.

Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices

Date 09/02/2012

Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices:

The Toronto Stock Exchange announced today in the Daily Bulletin that the shares of Levon Resources Ltd. (TSXVN:LVN) will graduate to trade on TSX at the open of trading on Monday, February 13, 2012. The ticker symbol will remain "LVN" and the CUSIP number will remain 527901 10 2. The company will be removed from the S&P/TSX Venture Composite Index after the close of trading on Friday, February 10, 2012.

NYSE Group Inc. Issues Short Interest Report

Date 09/02/2012

The NYSE Group, Inc. today reported short interest as of the close of business on the settlement date of January 31, 2012.

CFTC Obtains Permanent Injunction Against British Virgin Island Firm InterForex, Inc. For Acting As An Unregistered Retail Forex Dealer; Firm Ordered To Modify Website - Action Part Of CFTC’s Second Nationwide Sweep Against Foreign Currency Firms For Failure To Register Under The 2008 Farm Bill, The Dodd-Frank Act, And CFTC Regulations

Date 09/02/2012

The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court consent order that permanently bars defendant InterForex, Inc., of Tortola, British Virgin Islands, from soliciting or accepting orders to trade foreign currency (forex) from U.S. customers who are not Eligible Contract Participants (ECPs). The order also permanently bars InterForex from offering to be the counterparty to U.S. customers’ forex transactions, without registering with the CFTC.

NYSE Amex Issues Short Interest Report

Date 09/02/2012

NYSE Amex (formerly known as NYSE Alternext US) today reported short interest as of the close of business on the settlement date of January 31, 2012.

CFTC Issues Final Rule Amending Registration And Compliance Obligations For Commodity Pool Operators And Commodity Trading Advisors - Also Issues A Proposed Rule To Harmonize Compliance Obligations For Registered Investment Companies Required To Register As Commodity Pool Operators

Date 09/02/2012

The Commodity Futures Trading Commission (CFTC) today issued a final rule regarding changes to Part 4 of the Commission’s regulations involving registration and compliance obligations for commodity pool operators (CPO) and commodity trading advisors (CTA). The rule increases transparency to the CFTC of CPOs and CTAs acting in the futures and swaps markets and enhances protections for their customers. The rule passed 4-1, with Chairman Gensler, and Commissioners Chilton, O’Malia and Wetjen voting in favor and Commissioner Sommers voting against the final rule. The rule, which was first proposed on January 26, 2011, will be effective 60 days after publication in the Federal Register.

NASDAQ Announces End-Of-Month Open Short Interest Positions in NASDAQ Stocks As Of Settlement Date January 31, 2012

Date 09/02/2012

At the end of the settlement date of January 31, 2012, short interest in 2,261 NASDAQ Global Market^SM securities totaled 6,414,407,342 shares compared with 6,699,994,804 shares in 2,267 Global Market issues reported for the prior settlement date of January 13, 2012. The end-of-January short interest represents 3.64 days average daily NASDAQ Global Market share volume for the reporting period, compared with 5.31 days for the prior reporting period.

Statement Of Concurrence, Harmonization Of Compliance Obligations For Registered Investment Companies Required To Register As Commodity Pool Operators, CFTC Commissioner Jill E. Sommers

Date 09/02/2012

The final rules amending the Commission’s Part 4 regulations adopted today will require, among other things, that investment advisors of certain registered investment companies register as CPOs and operate under a dual SEC/CFTC regulatory regime. As explained in my dissent to the final rules, I could have supported a version of the rules that would have achieved the regulatory objectives outlined by the NFA in its August 18, 2010 petition to amend Rule 4.5. While I opposed the version of the rules the Commission ultimately adopted, having finalized them I support the Commission’s effort to harmonize the resulting compliance obligations. Dually registered entities should not be subject to duplicative, inconsistent, or conflicting requirements. The proposed rules, if finalized in their current form, would not achieve true harmonization. I urge those affected by the rules to submit detailed comment letters, with a focus on the costs and benefits of the rules as proposed and any suggested alternatives.

Slide Presentation (PDF): SEC Staff Review Of Common Financial Reporting Issues Facing Smaller Issuers, PCAOB Forums On Auditing In The Small Business Environment

Date 09/02/2012