And when the Borsa Italiana eventually gets a public listing, shareholders might force the exchange's hand, as Mr Capuano concedes.
The issue arises because Greece used so-called collective-action clauses to force a debt exchange on the vast bulk of its bondholders.
American Express earns revenues from card licensing fees, royalties on billings, charge volume, net spread revenue and cards in force, foreign exchange conversion revenue and also a share of the discount revenue earned by the operator.
This dynamism is precisely what makes culture such a powerful force for dialogue, exchange and understanding between peoples.
The reason is that the Securities and Exchange Commission may force a postponement of the offering.
In short, Russian leaders hope to control or eliminate many elements of U.S. military power in exchange for strategic force reductions they will have to make anyway.
In your view, that would force governments to absolutely fix their exchange rates and forgo any domestic monetary policy.
The great rotation everyone was looking for in late 2012 continued in January, and in full force with retail investors jumping into exchange traded funds and mutual funds.
At its launch on July 26, Malaysia Street founding partner Yeoh Keat Seng said he believes individual investors will become a formidable force on the Kuala Lumpur Stock Exchange with the power to move stocks, once they have access to top-grade advice at low cost thanks to the Internet.
Big exchanges face threats from off-exchange trading and, in Europe, regulation coming into force by 2007 will blur the distinctions between over-the-counter and on-exchange trading.
Welfare groups say that the American Legislative Exchange Council is the moving force behind these laws.
After another sharp drop in financial stocks Wednesday and suggestions by a top Wall Street executive that share prices were being manipulated by short sellers, the Securities and Exchange Commission will try to force hedge funds to disclose their short positions.
He said that foreign pressure would not force China to move faster to free its exchange rate.
The Johannesburg stock exchange is still considering whether to force listed firms to publish health strategies, but many firms expect it to do so in the next couple of years.
But the new approach that Speaker Boehner unveiled today, which would temporarily extend the debt ceiling in exchange for spending cuts, would force us to once again face the threat of default just six months from now.
WHITEHOUSE: President Obama Addresses the Nation on Dangers of Default
Both Presidents underscored that in the seven years since the U.S.-Chile Free Trade Agreement (FTA) first entered into force, not only have the conditions of exchange of goods and services improved, but also new business opportunities have been formed, leading to the diversification of products and a greater access for agricultural products.
WHITEHOUSE: President Obama on the United States and Latin America
But ultimately the costs, in terms of increasing foreign exchange reserves and rising inflation, may force its hand.
FORBES: Germany And China Have The Gold And Will Make The Rules
Culture is a French passion and a way to fight against the centrifugal force of the crisis, because without sharing, without exchange, without dialogue, there is no culture, any more than there can be commerce.
Some vigorous critics of 401(k) plans have argued that the plans will get better soon, thanks to the proliferation of low-cost exchange-traded index funds and new rules that force the plans to more fully disclose their costs to investors.
FORBES: How To Fix Your Lousy 401(k) Retirement Plan: Pool It, Like a Pension Fund
In doing so, Executive Order 13554 established a Gulf Coast Ecosystem Restoration Task Force (Task Force) to coordinate intergovernmental efforts, planning, and the exchange of information in order to better implement Gulf Coast ecosystem restoration and facilitate appropriate accountability and support throughout the restoration process.
WHITEHOUSE: Executive Order -- Gulf Coast Ecosystem Restoration
Yesterday, key government officials, trade stakeholders, and members of the press were on hand to witness U.S. Trade Representative Ron Kirk and Panamanian Minister of Commerce and Industry Ricardo Quijano sign a letter exchange setting a date for the entry-into-force of the U.S.-Panama Trade Promotion Agreement (TPA).
Other probes are being conducted by the Securities and Exchange Commission and the White House's Financial Fraud Enforcement Task Force, which includes the Justice Department.
But, in the longer run, the breakdown of an exchange-rate regime that did so much to foster growth may force the region's exporters to do things they have long talked about, such as improving education so as to increase productivity and foster domestic technologies.
Nellie negotiated that sum down a bit and forced the Athens Stock Exchange to freeze trading of Alumil stock so that the kidnappers couldn't force her to liquidate the family's 70% holding.
Chung Ju Yung, Hyundai's 83-year-old founder, cannot know whether it was wise to force his brother to give up an 8.3% stake in Hyundai Motor in exchange for 37.7% of Hyundai Industrial Development and Construction, South Korea's largest builder of apartments.
Greece confirmed that it had achieved an 85.8% participation rate on its debt exchange, which would allow the government to activate collective action clauses (CACs) to force holdout bondholders to accept the deal (taking the participation rate north of 95.6%).
FORBES: Greek Default Provides Temporary Relief As EU Crisis Marches On
The Japanese auto industry is likely to remain a potent force, but increasingly manufacturers will supply their brands from plants that are less vulnerable to earthquakes, exchange rates and other disadvantages that have been making the Land of the Rising Sun a difficult place to do business.
Reg NMS does not cover commodity exchanges, which allows the member-owned, floor-trading New York Mercantile Exchange to sustain its old ways although competition from the all-electronic IntercontinentalExchange could also force it to change.
These sources claim that Mr Adoboli took advantage of a loophole in securities law by using exchange-traded funds (ETFs) to book these fake transactions, since ETF rules do not force brokers immediately to produce confirmations of trades.
应用推荐