Commentary

Momtchil Pojarliev
Traders Magazine Online News

Some Like It Hedged

BNP Asset Management's Pojarliev discusses a variety of options to address foreign currency exposures. Although there is no single best-practice solution for addressing foreign currency exposures, institutional investors have three main choices, he says.

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Amid changes in builder, do you think the CAT project will be completed by 2020?




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June 30, 2003

Stiffer Big Board Fines

By Gregory Bresiger

Big Board rules violators will be more than just nicked under a proposed new fine schedule recently submitted to the Securities and Exchange Commission. Fines for minor violations would increase by 100 percent to 150 percent under the proposal by the New York Stock Exchange. First-time fines would typically increase from $500 to $1000 or from $1,000 to $2,500. Big Board officials say the fines, which were put together after consultation with several NYSE commitees, are needed because the current fines aren't enough of a deterrent. However, some small firms say the new fines would be excessive and unfair.