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July 13, 2007

SET chief warns against tax on stock profits

BANGKOK, July 13 (TNA) – Stock Exchange of Thailand president Pattareeya Benjapolchai on Thursday warned against a proposed tax collection on profits earned from stock trading, saying it might negatively affect the investment atmosphere.

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Fidelity Equity Trading Chief DeSano Reassigned

July 11 (Bloomberg) -- Fidelity Investments, the world's largest mutual-fund company, reassigned stock-trading chief Scott DeSano, whose unit is the focus of investigations into whether Wall Street firms tried to win Fidelity business by plying its traders with gifts and entertainment. Click here for more info

L & L Establishes Independent Directors, plans to list on NASDAQ.

L & L Financial Holdings, Inc. today announced that it plans to upgrade L & L stock trading to the NASDAQ from the existing OTC-BB. The Company recently established Independent Directors and recruited new CFO, Mr.

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