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  • Share Changes For AMP And Fairfax In The S&P/ASX 50 Index

    Date 26/04/2005

    Standard & Poor’s will make the following changes in the S&P/ASX 50 Index effective after the close of trading Friday April 29th 2005: AMP Limited (Australia, SEDOL: 6709958, GICS Code: 40301020) a member of the S&P/ASX 50 Index will increase its shares to 1,864,871,203. This change is due to a Dividend Reinvestment Plan. Fairfax (John) Holding (Australia, SEDOL: 6467074, GICS Code: 25401040) a member of the S&P/ASX 50 Index will increase its shares to 924,354,660. This change is d

  • SGX Chinese Listing Manual Launched

    Date 26/04/2005

    econd Minister for Finance and Foreign Affairs Raymond Lim officiated at the launch of the SGX Chinese listing manual

  • SEC: Finance Researchers Encouraged To Study Regulation SHO Pilot That Starts May 2

    Date 26/04/2005

    The staff of the Securities and Exchange Commission invites researchers to study the role of SEC Rule 10a-1 (the "tick" test) and NASD Rule 3350 (the Nasdaq Bid Test) in promoting market quality. These rules regulate the execution of short sales on exchanges and Nasdaq.

  • SEC Encourages Particpation In Its XBRL Voluntary Program

    Date 26/04/2005

    The U.S. Securities and Exchange Commission earlier this month commenced its voluntary program for receiving financial information on EDGAR using eXtensible Business Reporting Language (XBRL). Registrants may now voluntarily furnish XBRL data in an exhibit to specified EDGAR filings under the Securities Exchange Act of 1934 and the Investment Company Act of 1940. Several filers have already submitted XBRL data under the program, and the SEC encourages additional filers to participate.

  • SEC Charges Deloitte & Touche For Adelphia Audit - Deloitte To Pay $50 Million To Settle

    Date 26/04/2005

    The Securities and Exchange Commission today announced that Deloitte & Touche LLP has agreed to pay $50 million to settle charges stemming from its audit of Adelphia Communications Corporation's fiscal year 2000 financial statements. The Commission issued an Order that finds that Deloitte engaged in improper professional conduct and caused Adelphia's violations of the recordkeeping provisions of the securities laws because it failed to detect a massive fraud perpetrated by Adelphia and certain m