News Centre

Speech By SEC Chairman Mary L. Schapiro: Opening Statement At SEC Open Meeting: Item 1 — Felons and Bad Actors

Date 25/05/2011

Good morning. This is an Open Meeting of the Securities and Exchange Commission on May 25, 2011.

Today, the Commission will consider two actions.

First, we will consider proposing a rule that would deny certain securities offerings from qualifying for an exemption from registration if the offerings involve certain “felons and other bad actors.”

And second, we will consider adopting a rule to create a whistleblower program that would reward individuals who provide the agency with high-quality tips leading to successful enforcement actions.

Both sets of rules are required by the Dodd-Frank Wall Street Reform and Consumer Protection Act.

SIFMA Statement On Final SEC Whistleblower Rules

Date 25/05/2011

SIFMA today released the following statement from Ira Hammerman, senior managing director and general counsel, after the Securities and Exchange Commission (SEC) approved final rules on the treatment of whistleblowers.

Speech By SEC Chairman Mary L. Schapiro: Remarks Before The Financial Accounting Foundation’s 2011 Annual Board Of Trustees Dinner

Date 25/05/2011

Introduction

Thank you, Jack, for that kind introduction.

I would like to thank the Financial Accounting Foundation for inviting me to be here this evening.

Standard & Poor's Announces Changes In The S&P/TSX Venture Composite Index

Date 25/05/2011

Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Thursday, May 26, 2011:

• Rare Element Resources Ltd. (TSXVN:RES) will be removed from the index. The company will graduate to trade on TSX under the same ticker symbol. Rare Element will remain a constituent of the S&P/TSX Venture 30 Index until the next index rebalancing at the end of July, 2011.

New York City Proclaims May 26, 2011 To Be ‘Dow Jones Industrial Average Day’ In Recognition Of Iconic Index’s 115th Anniversary - NYC Mayor Michael Bloomberg Calls Dow: ‘Most Recognizable, Most Frequently Quoted, Longest-Serving Market Indicator Of Its Kind’ - Charles Dow Was A ‘Pioneer’ Who Anticipated Investors ‘Would Value Objective Measure Of How Large Companies Traded During A Standard Session In The Stock Market’, Mayor Bloomberg Adds

Date 25/05/2011

The City of New York has proclaimed May 26, 2011 to be “Dow Jones Industrial Average Day” in recognition of the iconic index’s 115^th anniversary.

SEC Adopts Rules To Establish Whistleblower Program

Date 25/05/2011

The Securities and Exchange Commission today adopted rules to create a whistleblower program that rewards individuals who provide the agency with high-quality tips that lead to successful enforcement actions.

CFTC Sanctions Cadent Financial Services LLC $125,000 For Supervision Violations - Chicago-Based Cadent Failed To Supervise Diligently Its Employees’ Handling Of Customer Orders

Date 25/05/2011

The U.S. Commodity Futures Trading Commission (CFTC) today filed and simultaneously settled charges against Cadent Financial Services LLC (Cadent), a registered Chicago, Ill.-based futures commission merchant, for failing to supervise diligently its employees and associated persons (APs) in their handling of commodity futures orders of a guaranteed introducing broker (GIB) of Cadent and the GIB’s AP, sole principal and owner.

SEC Proposes Rule To Disqualify Felons And Bad Actors From Securities Offerings

Date 25/05/2011

The Securities and Exchange Commission today proposed a rule to deny certain securities offerings from qualifying for exemption from registration if they involve certain “felons and other bad actors.”

NYSE Member Firms Report First-Quarter 2011 Results

Date 25/05/2011

New York Stock Exchange member firms that conduct business with the public reported a first-quarter 2011 after-tax profit of $6.1 billion and revenues of $46.0 billion, compared with a $4.1 billion after-tax gain on revenues of $41.0 billion in the fourth-quarter of 2010.

TMX Merger - Shareholder Meetings

Date 25/05/2011

The Board of London Stock Exchange Group plc (“LSEG”) notes the announcement today from TMX Group Inc. (“TMX”)  that it has obtained an interim order of the Ontario Superior Court of Justice which provides for, amongst other things, the holding of a special meeting of holders of common shares of TMX to approve the previously announced plan of arrangement regarding the proposed merger with LSEG (the “Merger”) and that the annual and special meeting of TMX shareholders is scheduled to be held on June 30, 2011.