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SEC Charges Renaissance Asset Fund And Others With $16 Million Offering Fraud - Ponzi Scheme Victims Included Senior Citizens

Date 17/07/2006

The Securities and Exchange Commission today filed an action charging Renaissance Asset Fund, Inc., Ronald J. Nadel, and Joseph M. Malone with fraudulently raising over $16 million from more than 190 investors nationwide. The Commission’s complaint, filed in the United States District Court for the Central District of California in Orange County, alleges that Renaissance and its principals operated a Ponzi scheme and used investor funds to pay lavish personal expenses. Many of their victims were

RTS Stock Exchange: Rosneft Stocks Will Be Added To The "B" Quotation List

Date 17/07/2006

Reuters And CME Announce Participants In FXMarketSpace Early Adopter Program - FXMarketSpace Secures Required Antitrust Clearances

Date 17/07/2006

Reuters, the global information company, and CME, the world's largest and most diverse financial exchange, today announced the first group of financial institutions that have confirmed they intend to participate in the pending 50/50 joint venture FXMarketSpace's Early Adopter Program. Today's announcement represents a major step forward in the launch of the world's first centrally cleared foreign exchange (FX) marketplace for the cash market.

Remarks by Mary L. Schapiro, Vice Chairman, NASD President, Regulatory Policy & Oversight - SEC Seniors Summit - SEC, Washington, DC July 17, 2006

Date 17/07/2006

Good morning, and thank you Chairman Cox, for inviting me to speak today on senior investment fraud and more importantly for bringing us all together for this Summit. I hope and believe it will be a defining moment in the protection of senior investors.

NYMEX To Expand Listed Months Of NYMEX miNY Futures Contracts On CME Globex

Date 17/07/2006

The New York Mercantile Exchange, Inc. announced today that the NYMEX miNYTM futures contracts listed on CME Globex® will be offered for the full curve, or all months corresponding with the underlying full-sized futures contract, beginning on August 6 for  trade date August 7.

NYMEX Files Registration Statement For Initial Public Offering

Date 17/07/2006

NYMEX Holdings, Inc. ("NYMEX"), parent company of the New York Mercantile Exchange, Inc. announced today that it has filed a registration statement on Form S–1 (the "Registration Statement") and a preliminary proxy statement (the "Proxy") with the U.S. Securities and Exchange Commission ("SEC") in connection with a proposed initial public offering of its common stock. In addition to the shares of common stock to be sold in the offering by NYMEX, additional shares may be included by existing stoc

NASD Fines Citigroup, Credit Suisse and Morgan Stanley $775,000 For Deficient Price Target, Ratings, Other Disclosures in Research Reports - Firms Ignored Warnings from NASD To Cease Violating Analyst Disclosure Rules

Date 17/07/2006

NASD announced today that it has imposed fines totaling $775,000 against Citigroup Global Markets, Inc., Credit Suisse Securities (USA), LLC (formerly Credit Suisse First Boston, LLC) and Morgan Stanley & Co. Incorporated for numerous violations of NASD's research analyst conflict of interest rules.

Market Data Express Launches New Market Data Service - New Service Provides Most Comprehensive Historical Options Information In The Industry

Date 17/07/2006

Market Data Express, LLC (MDX), a newly created subsidiary of Chicago Board Options Exchange, Incorporated (CBOE), announced today that it has launched a new market data service that delivers the most comprehensive historical market data in the options industry.

Kathleen Casey Sworn In As 88th SEC Commissioner

Date 17/07/2006

Kathleen L. Casey was today sworn in as 88th SEC Commissioner by Chairman Christopher Cox. Commissioner Casey was appointed by President George W. Bush to be a Commissioner of the Securities and Exchange Commission on May 18, 2006.

Gulf Capital Group To Target Mid-Market Clients From New Office At DIFC - Will Ddvise Leading Sector-Based Private Equity Teams And Examine Listings Of Portfolio Companies On The DIFX

Date 17/07/2006

Gulf Capital Group today announced that it aims to establish itself as a leading mid-market advisor for the energy, telecommunications, media, technology and financial sectors in MENA and Asia, following approval by the Dubai Financial Services Authority (DFSA) to operate as an authorised firm from the Dubai International Financial Centre (DIFC).