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Statement By SIFMA President And CEO Tim Ryan On Senator Dodd’s Regulatory Reform Legislation
Date 15/03/2010
The Securities Industry and Financial Markets Association (SIFMA) today released the following statement from President and CEO Tim Ryan on the release of Senator Dodd’s new regulatory reform legislation
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CFTC Charges Raleigh, North Carolina Man And His Company, Yellowstone Partners, Inc., With Operating A Foreign Currency Ponzi Scheme - Court Issues Emergency Order Freezing Defendants’ Assets And Protecting Books and Records
Date 15/03/2010
The U.S. Commodity Futures Trading Commission (CFTC) today announced that it charged Dennis Todd Hagemann and Yellowstone Partners, Inc., both of Raleigh, N.C., with operating a Ponzi scheme involving the fraudulent solicitation of at least $700,000 from at least nine individuals to trade foreign currency futures (forex) managed accounts and/or a pooled investment. Defendants also allegedly attempted to solicit funds from at least one other individual.
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MGEX Announces Partnership With Designated Contract Market Applicant To Provide Clearing Services
Date 15/03/2010
MGEX (Exchange) announced its partnership with The Trend Exchange (TrendEx). MGEX will provide clearing services to TrendEx, which intends to offer risk management products based on domestic box office receipts. The alliance between MGEX and TrendEx marks the initial time the Exchange will provide clearing and settlement services to another entity. As a Derivatives Clearing Organization (DCO), MGEX will provide full clearing services including clearing all trades made on the TrendEx trading
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Annual Changes To The NASDAQ China Index
Date 15/03/2010
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today the results of the annual re-ranking of the NASDAQ China Index (Nasdaq:CHXN), which will become effective with the market open on Monday, March 22, 2010.
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UK's Financial Services Authority And Police Contact 1,000 Share Fraud Targets After Seizing Another Boiler Room 'Master List'
Date 15/03/2010
The Financial Services Authority (FSA) and City of London Police (CoLP) have contacted 1,000 people across the UK to warn them that their personal details are on a ‘master list’ being used by fraudsters to target and sell them worthless shares.
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Annual Changes To The NASDAQ Internet Index
Date 15/03/2010
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today the results of the annual evaluation of the NASDAQ Internet Index, which will become effective with the market open on Monday, March 22, 2010. As a result of the evaluation, the following 13 securities will be added to the Index: AOL Inc. (NYSE:AOL), Art Technology Group, Inc. (Nasdaq:ARTG), drugstore.com, inc. (Nasdaq:DSCM), Internet Brands, Inc. (Nasdaq:INET), Limelight Networks, Inc. (Nasdaq:LLNW), LogMeIn, Inc. (Nasdaq:
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UK's Financial Services Authority: Investment Banker And Wife Charged With Insider Dealing - Third Suspect Arrested In Mayotte
Date 15/03/2010
Christian Littlewood, a senior investment banker, and his wife Angie Littlewood (also known as Siew Yoon Lew and Angie Lew) have been charged with 13 counts of insider dealing contrary to section 52 of the Criminal Justice Act 1993 and one count of conspiracy to commit insider dealing contrary to Section 1 of the Criminal Law Act 1977. They have been bailed to attend City of Westminster Magistrates’ Court on 6 April 2010.
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Semi-Annual Changes To The NASDAQ Clean Edge Green Energy Index
Date 15/03/2010
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and Clean Edge, Inc. announced today the results of the semi-annual evaluation of the NASDAQ(R) Clean Edge(R) Green Energy Index (Nasdaq:CELS), which will become effective with the market open on Monday, March 22, 2010.
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The International Securities Exchange Announces That First Trust Advisors Launches Two New ETFs Based On ISE Proprietary Indexes
Date 15/03/2010
The International Securities Exchange (ISE) today announced that First Trust Advisors L.P. has launched two new exchange traded funds (ETFs) based on ISE's newest proprietary sector indexes, the ISE Global CopperTM Index (Ticker: ISC) and the ISE Global PlatinumTM Index (Ticker: ORE). The ISE Global Copper Index and the ISE Global Platinum Index provide benchmarks for investors interested in tracking public companies that are active in the copper mining industry or the platinum group me
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ICE U.S. Dollar Index Sets Daily Volume Record - USDX Options Now Available Electronically
Date 15/03/2010
ICE Futures U.S., a leading regulated U.S. futures exchange for global agricultural, equity index and currency markets, reported record daily volume in its U.S. Dollar Index (USDX) futures contract of 77,811 contracts on Friday, March 12. The notional value of USDX contracts traded on March 12 was $6.2 billion. The previous daily volume record of 74,562 contracts was established on December 9, 2009. Year to
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