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Securities & Investment Institute Appoints Vice President For Singapore

Date 25/08/2009

Cherrie Dalao has been appointed by the Securities & Investment Institute (SII) as vice president responsible for business development in Singapore.
FINRA Bars Citigroup Sales Assistant For Taking More Than $850,000 From Customers, Falsifying Records, Making Unauthorized Trades - Broker Targeted Accounts Of Elderly And Vulnerable Clients - Citigroup Has Paid Restitution To Customers

Date 25/08/2009

The Financial Industry Regulatory Authority (FINRA) announced today that it has barred Tamara Lanz Moon of Redwood City, CA, from the securities industry for wrongfully taking over $850,000 in funds from at least 22 customers, including her own father. Moon was also charged with falsifying numerous account records, engaging in unauthorized trades in customer accounts and related recordkeeping violations.
James L. Kroeker Named Chief Accountant At SEC

Date 25/08/2009

Securities and Exchange Commission Chairman Mary Schapiro today announced the appointment of James L. Kroeker as the Chief Accountant in the SEC's Office of Chief Accountant. In this capacity, Mr. Kroeker will oversee accounting interpretations, professional practice issues, and international accounting matters. Mr. Kroeker replaces Conrad W. Hewitt, who retired from government service in January 2009.
Statement By U.S. Federal Reserve Chairman Bernanke On His Renomination By President Obama

Date 25/08/2009

Thank you, Mr. President. I would like to express my gratitude to President Obama for the confidence he has shown in me with this nomination and for his unwavering support for a strong and independent Federal Reserve.
Gulf Finance House Announces Strategic Partnership With Macquarie Group Limited In The MENA Region

Date 25/08/2009

Gulf Finance House (GFH), a leading Middle Eastern Islamic investment bank, today announced that it intends to establish a joint Islamic financial services platform in the Middle East with Macquarie Group Limited (Macquarie), a global provider of banking, financial, advisory, investment and funds management services. The platform will offer a broad range of wholesale Shariah compliant financial services solutions to the Middle East and North Africa (MENA) region.

Tokyo Commodity Exchange: The Differential Of Good Delivery Materials On July 2009 Futures Contracts In The Rubber Market

Date 25/08/2009

Pursuant to the provisions of Article 2.2 of the Rubber Detailed Delivery Rules, the Exchange determined the differential of deliverable ribbed smoked sheets No. 4 at 3.0 yen per one kilogram lower from the No. 3 standard grade on July 2009 rubber futures contracts.
Swiss Reference Rates – New Reference Rates For The Financial Markets

Date 25/08/2009

The Swiss National Bank (SNB) and SIX Swiss Exchange Ltd are jointly launching new Swiss franc reference rates for the financial markets, the Swiss Reference Rates. These are based on transactions concluded and tradable Swiss franc repo interbank market quotes provided by Eurex Zurich Ltd. The Swiss Reference Rates are calculated for a term spectrum ranging from overnight to six months and reflect the growing international significance of repo transactions.
Russia: Carbon Fund Set Up By EBRD And EIB In 1st Russian Venture - Agrees To Buy Carbon Credits Generated By Cutting Gas-Flaring At Eastern Siberia Oil Field

Date 25/08/2009

In the first such transaction in Russia, carbon credits generated by utilising gas which would otherwise be flared at an oilfield in eastern Siberia are to be purchased through a carbon fund set up by the EBRD and the European Investment Bank (EIB), the Multilateral Carbon Credit Fund (MCCF).
RTS Indices Weekly Review: August 17 - 21, 2009

Date 25/08/2009

Weekly review: August 17 - 21, 2009 (pdf, 207 ??) All reviews of RTS Indices
World’s Largest Companies Need To Double The Pace Of CO2 Reduction To Avoid Dangerous Climate Change, According To New Report - Majority Of Firms Have Reduction Goals To 2012 Only,Indicating Need For Government Leadership

Date 25/08/2009

Based on current reduction targets, the world’s largest companies are on track to reach the scientifically-recommended level of greenhouse gas cuts by 2089 – 39 years too late to avoid dangerous climate change, reveals a research report – The Carbon Chasm – released today by the Carbon Disclosure Project (CDP).