News Centre

FORTS: Trading Volume In Brent Oil Futures Exceeded USD300 Million

Date 23/06/2011

On June 22, by the end of the main trading session trading volume in futures contract on Brent Oil reached USD300,526,991 or RUB8,418,301,976 representing 270,987 contracts.

TMX Group Statement Regarding Revised Maple Group Offer

Date 23/06/2011

TMX Group Inc. acknowledges the issuance of a press release by Maple Group Acquisition Corporation (Maple) on June 22, 2011, stating that it has revised the terms of its offer for the outstanding shares of TMX Group.

Maple Group Increases Offer Price To $50 And Proportion Of Cash Consideration To A Maximum Of 80% In Transaction To Acquire TMX Group

Date 23/06/2011

• On a fully pro-rated basis, enhanced offer provides $40 in cash per share, an increase of $6.40 in cash per share, plus ongoing ownership stake in Maple 
• Enhanced integrated acquisition transaction valued at $3.8 billion 
• 30% premium to May 12, 2011 implied value of LSE take-over plan 
• In order for Maple’s superior transaction to proceed TMX Group shareholders need to vote AGAINST the LSE take-over plan no later than June 28, 2011

SEC Adopts Dodd-Frank Act Amendments To Investment Advisers Act

Date 22/06/2011

The Securities and Exchange Commission today adopted rules that require advisers to hedge funds and other private funds to register with the SEC, establish new exemptions from SEC registration and reporting requirements for certain advisers, and reallocate regulatory responsibility for advisers between the SEC and states.

DTCC Elevates Robert Garrison To Chief Information Officer

Date 22/06/2011

The Depository Trust & Clearing Corporation (DTCC) has named Robert Garrison chief information officer, effective July 8. He joined the organization in October 2010 as a managing director and chief development officer of its Information Technology division.

SEC Adopts Rule Under Dodd-Frank Act Defining “Family Offices”

Date 22/06/2011

The Securities and Exchange Commission today approved a new rule to define “family offices” that are to be excluded from the Investment Advisers Act of 1940.

LCH.Clearnet Set To Clear NYSE BondMatch From 11 July

Date 22/06/2011

From 11 July 2011 LCH.Clearnet SA (LCH.Clearnet) will provide clearing services to NYSE BondMatch, the Multilateral Trading Facility (MTF), owned and operated by NYSE Euronext and built to meet the specifications issued by Cassiopeia Committee in April 2010.

Speech By SEC Chairman Mary Schapiro: Statement At SEC Open Meeting: Item #3 – Family Offices

Date 22/06/2011

Next, we will consider adopting a new rule regarding the definition of “family office.”

In particular, the rule would enable those managing their own family's financial portfolios to determine whether their "family offices" can continue to be excluded from the Investment Advisers Act.

TMX Group Announces Dividend Enhancements To Merger With LSEG And Reaffirms Merger Recommendation

Date 22/06/2011

• LSEG and TMX Group agree to a $4 per share special dividend for TMX Group shareholders, and an 84.1 pence per ordinary share special dividend for LSEG shareholders, payable on closing
• LSEG and TMX Group intend to increase their regular dividend post-merger to be consistent with the current regular dividend of TMX Group
• TMX Group Board concludes Maple's current offer has not addressed previously expressed deficiencies
• Recommends shareholders support the LSEG TMX merger and vote “FOR” the merger prior to the June 30 TMX Group shareholders' meeting

Speech By SEC Chairman Mary Schapiro: Opening Statement At SEC Open Meeting: Dodd-Frank Act Amendments To The Investment Advisers Act

Date 22/06/2011

Good morning. This is an open meeting of the U.S. Securities and Exchange Commission on June 22, 2011.