Новости

SEC-CFTC Release Preliminary Findings in Review of May 6 Market Events

The staffs of the Securities and Exchange Commission and the Commodity Futures Trading Commission today released the preliminary findings in their review of the unusual market events on May 6.

SEC to Publish for Public Comment Stock-by-Stock Circuit Breaker Rule Proposals

The Securities and Exchange Commission announced that in response to the market disruption of May 6, the national securities exchanges and the Financial Industry Regulatory Authority (FINRA) are filing proposed rules today under which they would pause trading in certain individual stocks if the price moves 10 percent or more in a five-minute period.

Germany spreads fear among European investors

Germany hasn’t succeeded in persuasion of other countries to join the prohibition on short selling, without which it is unlikely that those measures will be effective. In is turn, the market took is as a sign of further worsening of the debt crisis in Greece. The euro to dollar exchange rate reached its four-year minimum this Wednesday.  

SEC warned against its “clones”

The US Securities and Exchange Commission (SEC) warned investors against possible threat from fraudsters.

Brokers in Russia will be able to trade without stock exchanges

This will be Russia’s first system of alternative OTC (“over-the-counter”) trading – informed representatives of the brokerage companies.

Companies defy SEC on XBRL

Companies look set to defy the Securities and Exchange Commission (SEC) mandate to adopt Extensible Business Reporting Language (XBRL) technology for their financial filings by 2011.

IFAC Seeks Views on Its 2010-2012 Strategy and Work Plan to Serve Professional Accountants in Business

IFAC today released for comment an exposure draft (ED) setting out its proposed 2010-2012 strategy and work plan prepared by its Professional Accountants in Business (PAIB) Committee.

ECB sweeping out excess liquidity from EU’s markets

The European Central Bank has commenced the program to withdraw excess liquidity for 16.5 billion euro that formed after repurchasing of sovereign Eurobonds.

Euro Group discussed principles to protect financial stability

Finance ministers of 16 member states (the Euro Group) met this Monday in Brussels to discuss principles of implementation of the mechanism to protect financial stability in the EU – informed the European Commissioner for Economic and Financial Affairs Olli Rehn.

S&P raised Ukraine’s sovereign ratings

The country’s long-term and short-term ratings for obligations in foreign currency are now “В/В” instead of “В-/С”.