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Alexander F. Cohen, Deputy Chief Of Staff, Leaving SEC

Date 24/11/2008

The Securities and Exchange Commission announced today that Alexander F. Cohen, Deputy Chief of Staff and former Deputy General Counsel, will leave the agency on December 18, with plans to return to the private sector.
Component Changes Made To Dow Jones And Dow Jones STOXX Select Dividend Indexes

Date 24/11/2008

Dow Jones Indexes, a leading global index provider, and STOXX Limited, the leading provider of European equity indexes, today announced that Citigroup (United States, Financial Services, C) will be removed from the Dow Jones Global Select Dividend, Dow Jones U.S. Select Dividend and Dow Jones STOXX Global Select Dividend 100 indexes.
SEC Chairman Cox Statement On Meeting Of IOSCO Technical Committee

Date 24/11/2008

The International Organization of Securities Commissions (IOSCO) Technical Committee launched three task forces to support G-20 aims following a meeting by teleconference today. The meeting was convened by SEC Chairman Christopher Cox to craft a detailed work program to address the continuing market turmoil, focused on strengthening financial markets and investor protections. Chairman Cox, who is Chairman of IOSCO’s Technical Committee, said: “IOSCO’s
KCBT Wheat Daily Price Limit For Trade Date November 25, 2008 At 60 Cents

Date 24/11/2008

Price limits for KCBT hard red winter wheat futures are at 60 cents for trade date November 25, 2008 (effective with the November 24 evening session).
US Treasury Announces Extension Of Temporary Guarantee Program For Money Market Funds

Date 24/11/2008

The U.S. Treasury Department today announced an extension of Treasury's Temporary Guarantee Program for Money Market Funds until April 30, 2009 to support ongoing stability in this market.

Assistant Secretary For International Affairs Clay Lowery - Remarks On International Financial Institution Reform At The Reinventing Bretton Woods Committee Conference On Building An International Monetary And Financial System For The 21st Century

Date 24/11/2008

I want to thank the Reinventing Bretton Woods Committee for holding this conference on the International Financial System. Your timing couldn't be more impeccable. Just over a week ago, leaders from 20 of the world's largest advanced and emerging market countries – representing more than 85 percent of global economic output – met in Washington, D.C., to address the current crisis and lay the foundation for reforms that could help prevent a similar crisis in the future. The work plan that came
Statement By US Treasury Secretary Henry M. Paulson, Jr. On Geithner Nomination

Date 24/11/2008

The Treasury Department issued the following statement from Secretary Henry M. Paulson, Jr. on the President-Elect's announcement today that Timothy Geithner will be nominated for Treasury Secretary in the next administration: "I have the highest regard for Tim – his judgment and creativity have been critical to designing and implementing the necessary actions we've taken to protect and strengthen our financial system. I have great confidence in his understanding of markets, his judgm
Obama Economic Team Praised By SIFMA

Date 24/11/2008

Tim Ryan, president and CEO of the Securities Industry and Financial Markets Association (SIFMA), today made the following statement after president-elect Obama announced his economic team.
Dubai Government Advisory Council Mandated To Cover Key Sectors

Date 24/11/2008

Initiative of H.H. Sheikh Mohammed Bin Rashid Al Maktoum rapidly addressing economic challenges Managing supply in real estate market to ensure equilibrium Focusing on clarifying Government debt burden; encouraging further Central Bank action to ensure
Monetary Authority Of Singapore Develops Singapore Dollar Sovereign-Rated Sukuks To Promote The Growth Of Islamic Finance

Date 24/11/2008

The Monetary Authority of Singapore (MAS) announced today that we are in the final stages of setting up a sukuk issuance facility to provide Shariah-compliant regulatory assets to financial institutions as part of our efforts to promote the growth of Islamic Finance in Singapore. This initiative was first announced at the 5th Islamic Financial Services Board Annual Summit held in Jordan in May 2008.