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BNP Paris Issued First ETFs On DJ CASE Egypt Index To Be Traded On Euronext-Paris

Date 16/11/2008

Reflecting the confidence of the international investment community in the Egyptian market, the French BNP Paribas Bank, one of the leading international banks, has launched the first Exchange Traded Fund (ETFs) on the DJ CASE Egypt Index, which tracks the 20 blue chips of the Egyptian stock market in terms of free float adjusted market capitalization, sales and net income.
IMF Managing Director Dominique Strauss-Kahn Calls G-20 Action Plan Significant Step toward Stronger International Cooperation

Date 15/11/2008

Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), today welcomed the outcome of the G-20 Summit on Financial Markets and the World Economy, calling the agreed action plan a significant step by the international community toward stronger cooperation aimed at resolving the global financial crisis, and supporting the IMF's capacity to contribute to these efforts.
SIFMA: G-20 Summit Engages On Important Economic Issues

Date 15/11/2008

The Securities Industry and Financial Markets Association (SIFMA) today praised the G-20 Summit for its focus on issues important to the global economy, and financial services, specifically.
Semi-Annual Changes To The NASDAQ Biotechnology Index

Date 14/11/2008

The NASDAQ OMX Group, Inc. ("NASDAQ") (Nasdaq:NDAQ) announced today the results of the semi-annual re-ranking of the NASDAQ Biotechnology Index(r) (Nasdaq:NBI), which will become effective with the market open on Monday, November 24, 2008.
Statement By US Treasury Secretary Henry M. Paulson, Jr., On Release Of Final Regulations Governing CFIUS

Date 14/11/2008

Secretary Henry M. Paulson, Jr., issued the following statement on the Treasury Department's issuance today of final regulations implementing section 721 of the Defense Production Act, as amended by the Foreign Investment and National Security Act of 2007:

2008 Thanksgiving And Labor Thanksgiving Market Close Recommendations

Date 14/11/2008

In observance of the U.S. Thanksgiving and Labor Thanksgiving holidays, SIFMA made holiday recommendations in U.S., U.K., and Japan.
Testimony Of Interim Assistant Secretary For Financial Stability Neel Kashkari Before The House Committee On Oversight And Government Reform, Subcommittee On Domestic Policy

Date 14/11/2008

Chairman Kucinich, Ranking Member Issa, members of the Subcommittee, good morning and thank you for the opportunity to appear before you. I would like to provide an update on the Treasury Department's actions to stabilize our financial markets and restore the flow of credit to the economy. We have taken action with the following three critical objectives: one, to provide stability to financial markets; two, to support the housing market by preventing avoidable foreclosures and supporting the ava
SEC Prevails In Trial Against Michael W. Crow For Unlawfully Controlling Registered Broker-Dealer - Court Orders Defendants To Pay Total Of $8.8 Million

Date 14/11/2008

The Securities and Exchange Commission today announced that the U.S. District Court for the Southern District of New York ruled in the SEC's favor in a trial against unregistered principal Michael W. Crow, who made millions of dollars in unlawful commissions while violating the broker-dealer registration and reporting provisions of the securities laws.
US Federal Reserve Chairman Ben S. Bernanke At The Fifth European Central Bank Central Banking Conference, The Euro At Ten - Lessons And Challenges, Frankfurt, Germany, November 14, 2008 - Policy Coordination Among Central Banks

Date 14/11/2008

I am pleased to be here in Frankfurt today to celebrate the 10th anniversary of the euro. The euro’s introduction was a remarkable achievement. As an academic, I did a bit of consulting for the European Monetary Institute, the European Central Bank’s (ECB) predecessor, on monetary transmission mechanisms; I thus played a part, albeit an extremely small one, in this grand project. I mention this only as a reminder that the creators of the euro drew on monetary expertise from around the world,
SEC Announces November 21 Roundtable On Mark-To-Market Accounting

Date 14/11/2008

The Securities and Exchange Commission announced today that on Nov. 21, 2008, at 9:30 a.m., ET, it will host the second of two roundtables on "mark-to-market" accounting and current market conditions.