January 19, 2012

Asco to brainstorm on Asean link-up

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The Association of Securities Companies will be meeting next month to discuss how they can ease obstacles and draw up a road map for Asean linkage, which should materialise this August.

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Capital market operators seek bailout as illiquidity trails market in 2011

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The Nigerian capital market operators are still seeking bailout from the Federal Government, even as the stock market is showing signs of improvement despite the five days strike embarked upon by the Nigerian Labour Congress in protest of fuel hike to N141.00 from N65 per litre.

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A call for responsible social-media usage

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BE WARNED: FINRA\’S RECENT capitulation over proposed reporting requirements for social-media postings shouldn\’t be interpreted as a sign that the self-regulator is throwing open the social-networking floodgates for broker-dealers and their representatives.

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Brazilian Oil and Re-election Schemes

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Last March President Obama announced that he wants the U.S. to be one of Brazil\’s \”best customers\” for their oil, although the U.S. has eight times more petroleum resources than does Saudi Arabia if only we\’d drill for it.

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Panel defines new stock index method

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A stockmarket regulatory panel has adopted an international definition of the free-float methodology in market capitalisation to introduce a new index for a more accurate reflection of market movements.

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Facebook IPO reportedly set for May

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Facebook\’s long-anticipated initial public offering is now likely to come in the third week of May, according to multiple sources cited Monday.That means that the company must file its IPO documents within the next month, given that the review by the Securities and Exchange Commission usually takes about three to four months.That sugges… … Read … (more)

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Report: April Showers Could Bring May Facebook IPO

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Facebook, the social network founded by Mark Zuckerberg in his Harvard dorm room, will likely go public the third week of May, with an offering that could raise $10 billion at a $100 billion valuation, according to AllThingsD\’s Kara Swisher .

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How do you put a dollar sign on fiduciary duty?

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Both the Securities and Exchange Commission and the Labor Department have slowed the pace toward their respective regulations on investment advice to determine the financial impact of the rules.

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Oops! I sent it again

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The disgraced former Securities and Exchange Commission lawyer who got the ax after he called billionaire investor Mark Cuban \”unpatriotic\” in one of several inappropriate e-mails sent from his work computer, wants his job back, The Post has learned.

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Investment \’confusion\’ pauses trading

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Fears of negative impacts on the capital market by the \’confusion\’ over investment in the stocks by public servants forced authorities to suspend trading on the twin bourses on Tuesday.

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