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Systemic short sale wrist slap
13 May 2010 Washington, D.C
Reporter:

FINRA Fines Deutsche Bank Securities, National Financial Services a Total of $925,000 for Systemic Short Sale Violations. Both Firms Facilitated Customer Execution of Short Sales Through Direct Market Access Order Systems That Violated the 'Locate'

SSgA's Blake to Succeed Brakke
13 May 2010 Boston
Reporter:

State Street Global Advisors (SSgA), the investment management business of State Street Corporation, today announced that Lynn Blake, a 23-year SSgA veteran will assume the role as global head of Index Equity following the retirement of Paul Brakke,

Unlawful Short Selling
12 May 2010 Washington, D.C.
Reporter:

The Securities and Exchange Commission today charged two Boca Raton residents for engaging in illegal short selling of securities in advance of participating in numerous secondary offerings to make illicit profits.

Options Clearing Corporation Board Shuffle
11 May 2010 Chicago
Reporter:

The Options Clearing Corporation (OCC) has announced that Craig Abruzzo and Valar Mihan were recently elected to the OCC Board of Directors. Additionally, Paul Brody was elected to the role of Vice Chairman and succeeds outgoing director Gary Yetman

Credit Suisse agrees to buy Fortis Bank Nederland’s PFS business
10 May 2010 Zurich
Reporter:

Credit Suisse has entered into an agreement to purchase from Fortis Bank Nederland its Prime Fund Solutions business ("PFS"), a leader in hedge fund administration services. The acquisition enhances Credit Suisse’s offering to alternatives

Data Explorers - US Short Alert
10 May 2010 New York
Reporter:

The latest Data Explorers US Short Alert looks at Sears Holding Corp and Nutri System Inc.

Clearstream on the increase
10 May 2010 Luxembourg
Reporter:

The facts and figures highlighting Clearstream's performance in April and demonstrating a healthier but unsuprising position in relation to April 2009.

The Dollar Thrifty Battle
07 May 2010 New York
Reporter:

Industry Snapshot from Data Explorers - Dollar Thrifty Automotive Group, Avis Budget Group and Hertz Global Holdings and Dillard's Inc

Europe loves equity but cash is king in US
07 May 2010 London
Reporter:

A new report shows US-domiciled securities lenders are overwhelmingly focused on cash as collateral, whilst many other jurisdictions have a propensity to accept non‐cash collateral...

Minter Ellison welcomes leading senior banking lawyer
07 May 2010 Adelaide
Reporter:

Minter Ellison welcomes leading senior banking lawyer John Brimacombe to the SA/NT partnership. John joins Minter Ellison as one of six partners in the Adelaide office's financial services team, taking the total complement of fee earners in the team

New International Signatories
06 May 2010 London
Reporter:

Aspect Capital and Henderson Global Investors are among the five new hedge fund managers who have committed to the Hedge Fund Standard Board's standards, bringing the total number of signatories to 58.

Poles say yes to short sale transactions
05 May 2010 Warsaw
Reporter:

The Warsaw Stock Exchange (WSE) will make short sale transactions available under new rules as of 1 July 2010.