News Centre

Oslo Børs Announces Changes To Its Organisational Structure

Date 14/09/2006

Oslo Børs has carried out a comprehensive strategic review process over recent months. In order to ensure that the organisation is as well equipped as possible to meet the targets set for future years, some changes have been made to the organisational structure.

NZX Announces Generator Bonds Issue On The NZDX

Date 14/09/2006

New Zealand Exchange Limited (NZX) announced today the issue of $121 million debt securities for Generator Bonds Limited (GTR) on the NZDX market.

NYMEX To Change Margins For Financially Settled Electricity Futures Contracts

Date 14/09/2006

The New York Mercantile Exchange, Inc. today announced margin changes for some of its financially settled electricity futures contracts on NYMEX ClearPort®, beginning at the close of business tomorrow.

NYMEX Energy Futures Contracts Set Daily Volume Records

Date 14/09/2006

The New York Mercantile Exchange, Inc. announced today that it set daily volume records for total crude oil futures, as well as records on CME Globex for total NYMEX energy, crude oil, natural gas, heating oil, and NYMEX miNYTM crude oil futures contracts.

New Zealand’s Largest Export Sector Unlocked For Investors

Date 14/09/2006

New Zealand Exchange Limited (NZX) is pleased to welcome Dairy Equity Limited (DEL) to the NZSX market today.

New York Attorney General Eliot Spitzer: Broker To Hedge Funds Indicted For Late Trading Of Mutual Funds

Date 14/09/2006

Attorney General Eliot Spitzer today announced the indictment of a stock broker from the Manhattan firm Trautman Wasserman & Co., Inc. for defrauding mutual funds by trading their shares after hours, a practice known as "late trading."

New Members In MEFF

Date 14/09/2006

NASD Task Force Recommends Operational, Regulatory Changes To Minimize Delays, Make Improvements In Account Transfer Process

Date 14/09/2006

An NASD task force has issued recommendations for expediting and streamlining transfers of customer accounts from one brokerage firm to another through the Automated Customer Account Transfer System (ACATS).

NASD Investor Alert Warns Workers About Early Retirement Investment Pitches

Date 14/09/2006

NASD issued an Investor Alert today warning workers about investment pitches that guarantee comfortable early retirements. These pitches—often made at free seminars—promise high annual returns but make little or no mention of the risks associated with the aggressive investment scenarios the early retirement packages involve. A recent NASD enforcement action identified one such scheme.<

NASD Fines Securities America $2.5 Million, Orders $13.8 Million In Restitution In Investment Scheme Aimed At Exxon Retirees - NASD Charges Broker David McFadden With Fraud

Date 14/09/2006

NASD announced today that it has fined Securities America, Inc. of Omaha, NE, $2.5 million for failing to adequately supervise a broker who NASD alleges lured long-term employees of Exxon Corporation into retiring prematurely with unreasonable and exaggerated promises of high returns from reinvested funds from their company retirement plans. Securities America must also pay $13.8 million in restitution to 32 former Exxon employees. Securities America also agreed to hire a consultant who will