A draft proposal in Congress to change the taxation of financial products could affect pension funds and other tax-exempt institutional investors.
September 02, 2013
On Sept. 9, some $2 trillion in corporate defined benefit pension plan assets, affecting approximately 20 million plan participants, will be subject to new regulations under the Dodd-Frank Wall...
September 02, 2013
Nasdaq OMX Group provided more details about its three-hour trading halt last week, saying a flood of data received from NYSE Arca exposed a software flaw in its conduit for disseminating prices.
August 29, 2013 | 03:04 pm
BATS Global Markets and Direct Edge Holdings agreed to merge, uniting two of the biggest U.S. exchange operators amid a four-year decline in volume.
August 26, 2013 | 03:49 pm
Computer malfunctions disrupted trading at U.S. exchanges Thursday, with all three options markets run by Nasdaq OMX Group halting transactions after NYSE Arca canceled some live orders earlier.
August 22, 2013 | 01:20 pm
Ontario Municipal Employees Retirement System, Toronto, has joined an investor group seeking to create a new stock exchange in Canada.
August 14, 2013 | 04:16 pm
Britain will hand over administration of the London interbank offered rate to the operator of the New York Stock Exchange as regulators try to revive confidence in the scandal-hit benchmark.
July 09, 2013 | 09:29 am
The U.S. Commodity Futures Trading Commission filed an enforcement action alleging unlawful use of customer funds and other violations against MF Global Inc. and its parent company MF Global Holdings ...
June 27, 2013 | 06:05 pm
Royal Bank of Canada is leading a group of investors and brokers creating a Canadian stock exchange to compete with TMX Group's Toronto Stock Exchange.
June 25, 2013 | 02:43 pm
The Chicago Board Options Exchange will pay a $6 million penalty and implement remedial measures to settle charges announced Tuesday by the SEC that the exchange and an affiliate experienced...
June 11, 2013 | 04:03 pm
Central securities depositories can leverage their securities management expertise as well as technology to support securities lending and repurchase agreements.
May 30, 2013 | 04:21 pm
Judd A. Gregg and Kenneth E. Bentsen Jr. and were named CEO and president, respectively, of the Securities Industry and Financial Markets Association.
May 20, 2013 | 04:13 pm
Barclays U.S. Aggregate, Standard & Poor's U.S. corporate and other major bond indexes are expected to include $14 billion of the $17 billion in bonds Apple Inc. sold Tuesday, said Colin Robertson,...
May 01, 2013 | 02:28 pm
Dark pools, which are popular among pension funds and institutional investors, "will continue to grow" in Hong Kong, despite efforts by the regulator to tighten rules, said Lee Porter, Asia-Pacific...
May 01, 2013 | 09:32 am
Colorado Fire & Police Pension Association, Greenwood Village, approved a new asset allocation that includes a new 5% allocation to managed futures strategies and committed a total of $49 million to...