News Centre

Speech By SEC Commissioner Luis A. Aguilar: Protecting Investors And Their Assets

Date 15/06/2011

Today’s proposal is designed to significantly enhance the objective oversight of broker-dealer compliance with the applicable financial responsibility rules.¹In particular, today’s proposal enhances oversight of broker-dealers’ custody practices. I view today’s proposal as a necessary companion rule to the rules adopted a year and half ago that addressed the custodial practices at registered investment advisers.

CME Group Announces Three Consecutive Open Interest Records In Henry Hub Natural Gas Futures

Date 15/06/2011

CME Group, the world's leading and most diverse derivatives marketplace, today announced it had reached three consecutive records in open interest for its benchmark Henry Hub Natural Gas futures contracts. These contracts are listed by and subject to the rules of NYMEX.

SEC Concludes That Certain Stanford Ponzi Scheme Investors Are Entitled To Protections Of SIPA

Date 15/06/2011

The Securities and Exchange Commission today concluded that certain individuals who invested money through the Stanford Group Company – a U.S. broker-dealer owned and used by Allen Stanford to perpetrate a massive Ponzi scheme – are entitled to the protections of the Securities Investor Protection Act of 1970 (SIPA).

Mario Draghi Recommended As Candidate For Next ECB President

Date 15/06/2011

Mario Draghi was recommended to succeed Jean-Claude Trichet as ECB President in an Economic and Monetary Affairs Committee vote on Wednesday. The committee opinion - 33 in favour, 2 against and 4 abstentions - now needs to be confirmed by a vote of Parliament as a whole, scheduled for 23 June.

ESMA Launches A Consultation On Its Technical Advice On Possible Delegated Acts Concerning The Prospectus Directive And Invites Comments By 15 July

Date 15/06/2011

Global Bioenergies Lists On NYSE Alternext

Date 15/06/2011

NYSE Euronext today announced the listing on NYSE Alternext in Paris of Global Bioenergies, a company specialized in bioprocesses that convert renewable resources into hydrocarbons.

SEC Proposes Ways To Strengthen Audits And Reporting Of Broker-Dealers To Protect Customer Assets

Date 15/06/2011

The Securities and Exchange Commission today unanimously proposed amendments to the broker-dealer financial reporting rule in order to strengthen the audits of broker-dealers as well as the SEC’s oversight of the way broker-dealers handle their customers’ securities and cash.

Opening Statement, Open Meeting To Consider Effective Dates Of Provisions In The Dodd-Frank Act - CFTC Commissioner Jill E. Sommers

Date 15/06/2011

Today we are dealing with an issue of great importance to me, providing some certainty to swap market participants concerning the status of their swap transactions on July 16 – the general effective date of Dodd-Frank. First let me say that I intend to vote for this relief because I believe the markets need guidance from the Commission as soon as possible, but I do so reluctantly.

Mercado Intergado Latino Americano Powered by Rapid Addition’s Technology

Date 15/06/2011

Rapid Addition, the leading provider of trading technology solutions to buy- and sell-side financial institutions, today announced that Bolsa de Valores de Colombia (BVC), operator of the country’s main securities exchange, has implemented the firm’s solutions as part of a major regional integration project along Latin America’s Pacific Coast.

Swedish Financial Supervisory Authority - Finansinspektionen - Remark To Crédit Agricole Cheuvreux Nordic

Date 15/06/2011

Crédit Agricole Cheuvreux Nordic, an investment firm, has demonstrated deficiencies in its transaction reporting to Finansinspektionen (FI) for an extended period of time. The firm is therefore being issued a remark and penalty fee of SEK 1 million.