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Business - SEC weighs requiring brokers to identify where trades made: Bloomberg

(Reuters) - The U.S. Securities and Exchange Commission is weighing a proposal that would require brokers to tell investors exactly where their stock trades are executed, Bloomberg reported on Saturday. The proposed requirement would give investors more clarity on whether they were getting the best prices for the buy and sell orders they entrust to brokers, who can choose from dozens of stock exchanges and private venues, the report said, citing three people familiar with the matter. The SEC, which is the regulator in charge of analyzing the stock market`s structure, is reviewing all aspects of how stocks are traded and seeking to identify changes that could quickly be implemented, the report said. An SEC spokesman could not be reached on Saturday.

Sunday, April 20, 2014  03:23


World - Iran says Arak nuclear reactor row all but resolved

Iran`s dispute with world powers over its unfinished Arak heavy water reactor has been `virtually resolved,` it said Saturday, less than a month before nuclear talks seeking a permanent agreement. The facility -- whose remaining components Iran cannot commission or install under an interim agreement struck in November -- is of international concern as it could theoretically give Tehran a second route to a nuclear bomb. Nuclear chief Ali Akbar Salehi said Iran and the so-called P5+1 group of world powers were now seeing eye to eye on the Arak reactor after Tehran offered to make certain changes.

Saturday, April 19, 2014  18:00


World - Egyptian leftist Sabbahi submits bid for presidency

Egyptian leftist Hamdeen Sabbahi on Saturday submitted the documents required to run in next month`s presidential election, in which he is seen as the main rival to former army chief Abdel Fattah al-Sisi. Sisi, who is riding a wave of popularity after ousting Islamist president Mohamed Morsi last July amid massive street protests, is widely expected to win the May 26-27 election. `With God`s will, we will wage a great and victorious battle,` Sabbahi, told his supporters after submitting his candidacy to the electoral commission. Sabbahi has surpassed the 25,000 signatures from citizen supporters required to officially register his candidacy, gathering 31,100 signatures from 17 provinces, according to his campaign team.

Saturday, April 19, 2014  13:05

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