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CFTC Imposes A Monetary Penalty And Permanently Bars California Resident Garen Ovsepyan And Forex Trading Advisors Sharpe Signa, LLC And Haeres Capital, LLC From The Commodities Industry - CFTC Finds That Respondents Made False Statements To The CFTC, Committed Foreign Currency Solicitation Fraud, And Failed To Register With The CFTC

Date 07/12/2015

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Garen Ovsepyan of Glendale, California, and his companiesSharpe Signa, LLC and Haeres Capital, LLC (collectively, Respondents) for making false statements to the CFTC in their notices of exemption from registration. The CFTC Order also settles charges that Ovsepyan and Sharpe had engaged in foreign currency (forex) solicitation fraud, and that Sharpe had operated as a Commodity Trading Advisor (CTA) without being registered with the CFTC, in violation of the Commodity Exchange Act (CEA).

SEC: Lawyers Offered EB-5 Investments As Unregistered Brokers

Date 07/12/2015

The Securities and Exchange Commission today announced a series of enforcement actions against lawyers across the country charged with offering EB-5 investments while not registered to act as brokers.

Tel Aviv Stock Exchange: Ringing The Bell For Israeli High Tech

Date 07/12/2015

Amnon Neubach, Chairman of the Board of Directors of the Tel Aviv Stock Exchange (TASE) and Steven Schoenfeld, the founder and Chief Investment Officer of BlueStar Indexes, the TASE’s partner for the development of innovative high tech indices, rang the opening bell on NASDAQ in New York last Thursday.

Changes In The Composition Of The ATHEX Indices

Date 07/12/2015

The following changes of investability weight of shares will take place:

• «Eurobank Ergasias Bank S.A.» to 81% in the composition of all ATHEX Indices that the shares of the company participate..

• «Alpha Bank S.A.» to 89% in the composition of all ATHEX Indices that the shares of the company participate.

Vienna Stock Exchange: No Trading On December 8, 2015

Date 07/12/2015

Due to the holiday there is no trading on December 8, 2015 on the Vienna Stock Exchange. Trading will be continued on Wednesday, December 9, 2015.

DTCC Applauds The U.S. Administration And Congress For Taking Action To Strengthen Global Data Sharing

Date 07/12/2015

The Depository Trust & Clearing Corporation (DTCC) commends the U.S. Administration, Senate and House of Representatives for taking action to strengthen global information sharing by signing into law legislation that removes Dodd-Frank’s indemnification provisions.

The Dubai Financial Services Authority Reminds Investors Of Their Obligations – Connected Person Disclosures

Date 07/12/2015

The Dubai Financial Services Authority (DFSA) reminds shareholders of companies listed on Nasdaq Dubai of their disclosure obligations under the DIFC Markets Law and DFSA Markets Rules (the "Regulation"). When a shareholder acquires 5% or more of the voting shares of a company listed on Nasdaq Dubai, such person is a Connected Person under DFSA administered laws and Rules. The obligations apply to shareholders, whether they are natural or legal persons.

FSB Publishes Fourth EDTF Report On Bank Risk Disclosures

Date 07/12/2015

The Financial Stability Board (FSB) today published two reports and a statement from the Enhanced Disclosure Task Force (EDTF). The 2015 Progress Report on Implementation of the EDTF Principles and Recommendations is the EDTF’s fourth report and third progress report on implementation of the EDTF recommendations; it covers 40 global or domestic systemically important banks. The FSB also published an EDTF report on the Impact of Expected Credit Loss Approaches on Bank Risk Disclosures which highlights issues with the implementation of new accounting standards on expected credit loss (ECL). Furthermore, the EDTF provided a statement on the treatment of emergency liquidity provision under the EDTF disclosure recommendations.

Dai-Ichi Life Invests In First Microfinance Bonds Issued By The EBRD For Institutional Investor

Date 07/12/2015

The Dai-ichi Life Insurance Company, Limited (the “Company”; President: Koichiro Watanabe) has purchased $100 million of Microfinance bonds issued by the European Bank for Reconstruction and Development (“EBRD”), the international financial institution that invests in projects in 36 countries, from central Europe to central Asia and the southern and eastern Mediterranean, becoming the sole investor in the bond that supports EBRD’s funding to micro or small-sized enterprises (“MSEs”).

Fidessa Appoints Paul Dex To Enhance Derivatives Platform Sales

Date 07/12/2015

Fidessa group plc (LSE: FDSA) today announced the appointment of  Paul Dex as Business Development Manager EMEA for its derivatives business. He will be based in Fidessa's London office.