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  • Standard & Poor's Announces Changes In The S&P/TSX Venture Composite Index

    Date 11/07/2008

    Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Friday, July 11, 2008: The shares of Seabridge Gold Inc. (TSXVN:SEA) will be removed from the index. The company will graduate to trade on TSX under the same ticker symbol. The shares of Anglo Potash Ltd. (TSXVN:AGP) will be removed from the index. The shares of the company will be delisted from the TSX Venture Exchange following the acquisition of its shares by

  • SIFMA Calls SEC’s Proposed Market Data Order “Fatally Flawed”

    Date 11/07/2008

    The Securities Industry and Financial Markets Association (SIFMA) filed a comment letter calling the Securities and Exchange Commission (SEC) proposed order on market data fees “fatally flawed” and unveiled a related study to support that contention. By law, financial firms are required to provide trading data to exchanges at no cost and then buy back the consolidated market data from the exchanges. The Exchange Act requires the SEC to review associated fees to ensure they are “fair” and “reason

  • SEC: Wayne Strumpfer Named To Head Investor Education Unit

    Date 11/07/2008

    The Securities and Exchange Commission today announced that Wayne Strumpfer has been named to lead the investor education unit within the SEC's recently expanded Office of Investor Education and Advocacy. Mr. Strumpfer will be responsible for leading the SEC's efforts to help Americans of all ages better learn how to invest wisely and avoid costly mistakes and financial scams.

  • NYMEX To Change Margins For RBOB Gasoline, Related Futures Contracts

    Date 11/07/2008

    The New York Mercantile Exchange, Inc. announced today it will change margins for the RBOB gasoline, RBOB financial, RBOB calendar swap, and NYMEX miNYTM RBOB futures contracts, effective at the close of business on Monday, July 14.

  • CFTC’s Global Markets Advisory Committee To Meet July 15, 2008 - Committee To Discuss Risk Management Practices For Direct Market Access And Current Legislative Proposals Affecting Foreign Boards Of Trade

    Date 11/07/2008

    The Commodity Futures Trading Commission (CFTC or Commission) will convene a meeting of its Global Markets Advisory Committee on Tuesday, July 15, 2008, to obtain information on the views of futures industry and market users concerning customers having direct market access (DMA) to an exchange’s electronic trading platform. The Committee is comprised of a variety of individuals who have an extraordinary amount of experience and expertise involving global futures markets issues. Topics to be addr

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