Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index: 99,809.16 -203.95

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  • FINRA Fines Citigroup $500,000 For Failing To Supervise Sales Assistant Who Misappropriated Customer Funds

    Date 09/08/2011

    The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Citigroup Global Markets, Inc. $500,000 for failing to supervise Tamara Moon, a former registered sales assistant at the firm's branch office in Palo Alto, California. Over an 8 year period, Moon misappropriated $749,978 from 22 customers, falsified account records and engaged in unauthorized trades in customer accounts.  

  • Federal Open Market Committee Statement

    Date 09/08/2011

    Information received since the Federal Open Market Committee met in June indicates that economic growth so far this year has been considerably slower than the Committee had expected. Indicators suggest a deterioration in overall labor market conditions in recent months, and the unemployment rate has moved up. Household spending has flattened out, investment in nonresidential structures is still weak, and the housing sector remains depressed. However, business investment in equipment and software continues to expand. Temporary factors, including the damping effect of higher food and energy prices on consumer purchasing power and spending as well as supply chain disruptions associated with the tragic events in Japan, appear to account for only some of the recent weakness in economic activity. Inflation picked up earlier in the year, mainly reflecting higher prices for some commodities and imported goods, as well as the supply chain disruptions. More recently, inflation has moderated as prices of energy and some commodities have declined from their earlier peaks. Longer-term inflation expectations have remained stable.

  • Federal Court Finds That St. Augustine, Florida, Couple And Their Company Defrauded Customers In Off-Exchange Foreign Currency Scheme

    Date 09/08/2011

    The U.S. Commodity Futures Trading Commission (CFTC) announced that it obtained a federal court consent order finding that defendants Gary D. Martin and Brenda K. Martin (the Martins) of St. Augustine, Fla., and their company, Queen Shoals Consultants, LLC (QSC), defrauded customers in an off-exchange foreign currency (forex) scheme.

  • UBS MTF Trading Notification: Addition Of Czech And Hungarian Equities

    Date 09/08/2011

    UBS MTF, as of start of trading on Thursday 11th August 2011, will be accepting orders in Czech and Hungarian equities.

  • CME Group Announces CFTC Approval Of Increased Daily Price Limits For CBOT Corn Futures And Options

    Date 09/08/2011

    CME Group, the world's leading and most diverse derivatives marketplace, today announced it had received CFTC approval of its proposal to increase daily price limits for Corn futures and options. As a result, effective trade date Monday, August 22, 2011, daily price limits for CBOT Corn futures, Corn options, and Mini-sized Corn futures will increase to $0.40 per bushel from the current $0.30 per bushel. These contracts are listed with, and subject to, the rules and regulations of the CBOT.