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  • The Options Clearing Corporation Announces Total Contact Volume In March Grew 2%

    Date 01/04/2010

    The Options Clearing Corporation (OCC) announced today that total OCC cleared volume in March reached 353,294,816 contracts. This represents a 2 percent increase over the March 2009 volume of 346,360,655 contracts. OCC year to date total contract volume is up 8 percent from 2009 with 931,269,641 contracts.

  • SEC Charges Daimler AG With Global Bribery

    Date 01/04/2010

    The Securities and Exchange Commission today announced a settlement with Daimler AG for violations of the Foreign Corrupt Practices Act (FCPA), alleging that the Stuttgart, Germany-based automobile manufacturer engaged in a repeated and systematic practice of paying bribes to foreign government officials to secure business in Asia, Africa, Eastern Europe and the Middle East.

  • FINRA Fines Scottrade $200,000 For Pattern Day Trading Violations - Firm Also Improperly Extended Credit To Cash Account Customers

    Date 01/04/2010

    The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Scottrade, Inc. $200,000 for violating pattern day trading margin rules and for extending credit to customers in violation of federal securities laws and banking regulations.

  • Kathleen Griffin Named SEC's First Chief Compliance Officer

    Date 01/04/2010

    The Securities and Exchange Commission today announced that Kathleen M. Griffin has been named the agency's first Chief Compliance Officer — the latest in a series of measures undertaken to strengthen the SEC's internal compliance program.

  • Kansas City Board Of Trade Posts Third-Largest March HRW Wheat Trading Volume

    Date 01/04/2010

    The Kansas City Board of Trade’s Hard Red Winter Wheat futures trading volume for the month of March was the third largest in the exchange’s history for the calendar month. A total of 273,549 HRW wheat futures contracts were traded during the month of March, behind only March 2006 and 2009 trading volumes of 363,605 contracts and 280,459 contracts, respectively.