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  • CFTC Sanctions New York Resident Howard Winell And His Companies, Winell Associates, Inc., And Maxie Partners GP, LLC, More Than $5.2 Million For Fraud - CFTC Order Permanently Bans Respondents From CFTC Registration

    Date 02/05/2011

    The U.S. Commodity Futures Trading Commission (CFTC) today filed and simultaneously settled charges against Howard WinellWinell Associates, Inc. and Maxie Partners GP, LLC (Maxie GP), all of New York, N.Y. The CFTC order finds that the respondents engaged in unauthorized trading and misappropriated funds in connection with operating a commodity futures and options pool.

  • FINRA Bars Illinois Broker For Insider Trading

    Date 02/05/2011

    The Financial Industry Regulatory Authority (FINRA) today announced that a former registered representative, Michael Hendry, has been barred from the securities industry for engaging in insider trading and for failing to respond truthfully to questioning by investigators in FINRA's Office of Fraud Detection and Market Intelligence (OFDMI). Hendry was also fined nearly $70,000, which represents the unlawful profits he received from the transactions.

  • Statement By SEC Commissioner Luis A. Aguilar: The Abysmal Lack Of Diversity In Corporate Boardrooms Is Growing Worse

    Date 02/05/2011

    Today, the Alliance for Board Diversity released a report, Missing Pieces: Women and Minorities on Fortune 500 Boards — 2010 Alliance for Board Diversity Census, that confirmed what many of us have known for some time. The abysmal statistics regarding the lack of diversity in Corporate America are growing worse. This report found that women and minorities lost ground in America’s corporate boardroom between 2004 and 2010.

  • NYSE Euronext Announces 2011 Annual Meeting Shareholder Vote Results And Names Dominique Cerutti To Its Board Of Directors

    Date 02/05/2011

    At the Company’s annual stockholders’ meeting held on April 28, 2011, NYSE Euronext (NYX) shareholders:

    • Elected the full slate of 16 director nominees to the Company’s Board of Directors,with an average approval rate of 80% of votes cast,
    • Ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2011,
    • Did not approve a Company proposal to adopt a simple majority vote requirement to amend or repeal certain provisions in the Company’s charter,
    • Approved on an advisory, non-binding basis, the Company’s executive compensation,
    • Approved on an advisory, non-binding basis, a frequency of every one year for holding the non-binding, advisory vote on executive compensation,
    • Approved a stockholder proposal regarding the power of stockholders to call special meetings, and
    • Approved a stockholder proposal regarding stockholder action by written consent.  

  • NASDAQ OMX Group And IntercontinentalExchange Announce Exchange Offer For NYSE Euronext - Reaffirms Seriousness Of Their Offer And Continued Willingness To Enter Into Discussions

    Date 02/05/2011

    NASDAQ OMX and IntercontinentalExchange (ICE) today announced that each of their respective Boards of Directors have approved their intent to commence an exchange offer to acquire all of the outstanding shares of NYSE Euronext common stock in a cash and stock transaction valued at approximately $11 billion. Under the terms of the offer, each share of NYSE Euronext would be exchanged for $14.24 in cash, 0.4069 shares of NASDAQ OMX common stock and 0.1436 shares of ICE common stock. If NASDAQ OMX and ICE are successful in acquiring shares pursuant to the offer, they would consummate a second step merger as soon as possible thereafter to acquire the remaining NYSE Euronext shares for the same consideration per share.