Americas ETP News
If your looking for specific news, using the search function will narrow down the results
Deal Would Unite S&P With DJIA
Owners of Standard & Poor's 500 and Average of Blue Chips Consider Alliance; Bigger and Stronger
September 30, 2011--McGraw-Hill Cos. is in advanced talks with CME Group Inc. to combine stock-market icons such as the Dow Jones Industrial Average and S&P 500 into a joint venture that would give the firms more sway over investors and exchanges around the world, according to people familiar with the situation.
Talks to form a joint venture between McGraw-Hill's S&P Indices business and CME's Dow Jones Indexes unit began more than a year ago and could still fall apart, these people cautioned. If a deal goes through, the combined indexes business venture would be managed by McGraw-Hill, and the New York company
read more
Source: Wall Street Journal
Opening Statement, Second Meeting of the Data Standardization Subcommittee Commissioner Scott O’Malia, TAC Chair
September 30, 2011--Good afternoon and welcome to the second meeting of the Data Standardization Subcommittee of the CFTC’s Technology Advisory Committee. I thank you for your continued commitment to serving on the Subcommittee.
I greatly appreciate the extra hours each of you has logged on these issues outside of our meetings here. Your knowledge and experience are invaluable to this effort to bridge the gaps between data, finance and the law, which effort has become increasingly important as the Commission rushes to define and implement the mandates under the Dodd Frank Act.
Today, each of the four Subcommittee working groups will present their interim findings on universal product and legal entity identifiers, standardization of machine-readable legal contracts, semantics, and data storage and retrieval.
read more Rydex files with the SEC- CurrencyShares® Singapore Dollar Trust Rydex files with the SEC-CurrencyShares® South African Rand Trust Rydex files with the SEC RiverPark Advisors files with the SEC CFTC.gov Commitments of Traders Reports Update New York Fed releases tentative outright Tr SEC Staff Issues Summary Report of Commission Staff's Examinations of Each Nationally Recognized Statistical Rating Organization “This report demonstrates the SEC’s enhanced oversight of credit rating agencies,” said Carlo V. di Florio, Director of the SEC’s Office of Compliance Inspections and Examinations (OCIE). “We have recruited experts and strengthened the overall monitoring and examination process to better protect investors, ensure market integrity, and facilitate capital formation.” view the 2011 Summary Report of Commission Staff's Examinations of Each Nationally Recognized Statistical Rating Organization
CFTC Requests Public Comment on an Application by Eurex Clearing AG for Registration as a Derivatives Clearing Organization
Comments should be submitted on or before October 31, 2011.
Comments may be submitted electronically through the CFTC’s Comments Online process. The application documents and all comments received are available on the CFTC’s website.
Source: CFTC.gov
September 30, 2011--Rydex has filed an Amendment no.1 to Form S-1 with the SEC for the CurrencyShares® Singapore Dollar Trust.
view filing
Source: SEC.gov
September 30, 2011-Rydex has filed an Amendment no.1 to Form S-1 with the SEC for the CurrencyShares® South African Rand Trust.
view filing
Source: SEC.gov
September 30, 2011--Rydex has filed an Amendment no.1 to Form S-1 with the SEC for the CurrencyShares® Russian Ruble Trust.
view filing
Source: SEC.gov
September 30, 2011--RiverPark Advisors, LLC has filed a fifth amended and restated application for exemptive relief with the SEC for actively-managed ETFs.
view filing
Source: SEC.gov
September 30, 2011--The current reports for the week of September 27, 2011 are now available.
view updates
Source: CFTC.gov
September 30, 2011--Tentative Outright Treasury Operation Schedule
cross all operations in the schedule listed, the Desk plans to purchase approximately $44 billion and sell approximately $44 billion in Treasury securities over the month of October.
view current schedule
Source: New York Fed
September 30, 2011-- The staff of the Securities and Exchange Commission today issued a report summarizing the staff's observations and concerns arising from the examinations of ten credit rating agencies registered with the SEC as Nationally Recognized Statistical Rating Organizations ("NRSROs") and subject to Commission oversight.
The report notes that despite changes by some of the examined credit rating agencies to improve their operations, Commission staff identified concerns at each of the NRSROs. These concerns included apparent failures in some instances to follow ratings methodologies and procedures, to make timely and accurate disclosures, to establish effective internal control structures for the rating process and to adequately manage conflicts of interest. The report notes that the staff made various recommendations to the NRSROs to address the staff’s concerns and that in some cases the NRSROs have already taken steps to address such concerns.
Source: SEC.gov
September 29, 2011--The Commodity Futures Trading Commission (CFTC) is asking for public comment on an application by Eurex Clearing AG for registration as a derivatives clearing organization.
Commission staff intends to complete its review of the application on or before March 31, 2012.
Source: CFTC.gov
