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CalPERS backs new investor guide


01 June 2011 Sacramento
Reporter: Ben Wilkie

The California Public Employees’ Retirement System (CalPERS) has strongly endorsed a new guide by the Investor Steering Committee of the Alternative Investment Management Association...
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BNY Mellon wins AP7 mandate


31 May 2011 London
Reporter: Ben Wilkie

BNY Mellon has won the bid to provide derivatives collateral management services to Sjunde AP-fonden (AP7) the Swedish state pension fund, which has over euro 8.5 billion under management...
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Citi boosts Asian team


31 May 2011 Hong Kong
Reporter: Ben Wilkie

Citi has appointed Rimmo Jolly and Rebecca Woo to its global markets relationship team in Asia...
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Penson signs up with Broadridge


30 May 2011 Toronto
Reporter: Justin Lawson

Penson Financial Services Canada Inc. is now operating live on Broadridge Canada’s Brokerage Processing Services (BPS®) solution and investor communication solutions for its securities processing and brokerage accounting businesses.
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FINRA Issues Warning on Stock-Based Loan Programs


29 May 2011 Washington D.C.
Reporter: Steven Lafferty

The Financial Industry Regulatory Authority issued a new Investor Alert - Stock-Based Loan Programs: What Investors Need to Know - to educate investors about non-recourse stock-based loan programs, including the risks and rewards of these loans.
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Cyrus Ardalan appointed new chairman of ICMA


26 May 2011 Paris
Reporter: Justin Lawson

The International Capital Market Association (ICMA) has appointed Cyrus Ardalan as the Association's new chairman. Ardalan becomes chairman with immediate affect having been elected during the 43rd AGM and Conference being held in Paris....
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Austria extends short selling ban


25 May 2011 Vienna
Reporter: Ben Wilkie

The FMA, the Austrian regulator, has said it will further extend the ban on naked short selling of financial companies' shares until the end of November...
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ZKB signs on to use EquiLend’s AutoBorrow


23 May 2011 London
Reporter: Justin Lawson

Zürcher Kantonalbank (ZKB) has signed on to use EquiLend’s trading and post trade services. ZKB initially plans to utilize the automated securities finance platform to lend their securities via EquiLend’s AutoBorrow and Availability service
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BATS Europe unveils preferred interoperable clearing service


23 May 2011 London
Reporter: Ben Wilkie

BATS Europe has announced plans to launch an exclusive preferred interoperable clearing programme to allow trading participants the choice of a preferred clearer from three interoperating clearing counterparties (CCPs) from late July, pending regulat