Stock market intermediary ethics

Stock market intermediary ethics

Posted: amousysop Date of post: 13.06.2017

Learn about our sustainability model and the many activities we are implementing to help build a sustainable future, today. Leading the way to a cleaner more secure and more prosperous tomorrow. Learn about our history, how our operations make an impact on the world today and the direction we are taking for the future. Today, as a global company, CEMEX faces greater challenges than ever before. While our stakeholders demand more than simply good financial results, technology and global awareness have resulted in unprecedented scrutiny of our actions.

We are expected to adhere to top-tier standards of corporate behavior everywhere we operate. ETHOS, a worldwide CEMEX initiative supported by employees from diverse areas of the company, seeks to embrace these standards and promote actions that will evolve and strengthen our corporate culture.

ETHOS is designed to help our employees integrate ethics and compliance into their daily work. ETHOS offers our employees the following benefits:.

We encourage our employees, stakeholders and the general public to submit suggestions, inquiries and report alleged ethics, compliance or governance violations through ETHOS Line, an open and confidential communication channel.

Visit ETHOS Line site. We believe that ethical behavior is a key factor for our success. Compliance means acting in accordance with the letter and the spirit of the law, our Code of Ethics and our corporate policies. At CEMEX, we must comply with all applicable laws and policies, without exception. The importance of this principle cannot be overstated: CEMEX has developed policies and procedures to investigate complaints in a prompt, professional and fair manner.

All investigations are confidential and may be anonymous, at the option of the complainant, as permitted by applicable law. ETHOS Line is our institutional tool for submitting questions or complaints.

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Our operating risks and compliance with our policies are evaluated periodically, mainly by the Process Assessment Department. Compliance with certain policies is also reviewed by our legal, comptrollership, information security and other departments, as needed.

Our Code of Ethics and Business Conduct lays the foundation for the behaviors expected from our employees, based on our corporate values. Read our Code of Ethics; also find relevant aspects of our Code of Ethics and details about our values.

Code of Ethics highlights. The board of directors is responsible for supervising the overall operation of our company. Chaired by Rogelio Zambrano, the board consists of 10 directors. More information on our corporate governance can be found in the Investor Relations section. Click to access each of the following categories that comprise the Investor Relations section on Governance:.

Chairman of the Board statement. CEMEX and the NYSE. CEMEX will abide by principles of fair trade and competition, and will not tolerate price-fixing, market allocation, predatory pricing, or other illegal market practices.

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Antitrust laws seek to prevent monopolies, collusions, and other anti-competitive behaviors, based on the principle that competition benefits consumers and promotes economic growth. Governments across the world are increasingly active in enforcing antitrust and competition laws, and are cooperating with each other to prevent anti-competitive behavior.

Furthermore, local laws are converging on basic antitrust principles and concepts. Why is it important? As our industry consolidates and CEMEX grows and becomes more visible, it is essential that we understand and comply with antitrust laws and principles. The consequences of illegal behavior can be devastating:.

It is also vital for CEMEX's long-term growth that our competitive advantage be based on superior business practices and strategies, with a strong foundation of ethical and lawful practices. Global Antitrust Compliance Policy.

CEMEX does not tolerate bribery in any form. Under applicable laws in the United States, Europe, and other places where CEMEX does business, it is a crime for CEMEX directly, or through an intermediary, to offer, pay, or promise to pay, a bribe or anything of value to a government official including employees of state-owned enterprises and officers of public international organizations for the purpose of obtaining or retaining business. The term "anything of value" includes both monetary and non-monetary gifts and bribes, and can include favors and other types of consideration.

Bribery and corruption represent illegal, unethical and socially irresponsible activities that can have harsh stock market intermediary ethics, such smc trade online stock trading. Retain key documents for prescribed periods; discard unnecessary or obsolete documents regularly.

CEMEX's Document Retention Policy establishes guidelines and retention periods for different types of company documents. Retention periods vary by country, media, and type of information contained. The Policy also identifies the documents that should be periodically destroyed.

The term "documents" refers to all types of media containing ftse 100 companies by market capitalisation wide array of information.

The following are just some of the types of documents subject to retention periods:. Our information is a very valuable asset.

stock market intermediary ethics

The Information Retention Policy is designed to protect our information by prescribing consistent practices for identifying and handling different types of documents. Just as the greatest forex robot ever, the Information Retention Policy aims value of call option formula ensure compliance with various laws throughout the world that require the safeguarding of certain information for prescribed periods.

CEMEX Information Retention Policy. It is illegal and contrary to CEMEX Policies to use material non-public information to make investment decisions.

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The federal laws of Mexico and the United States prohibit using material nonpublic information concerning CEMEX or another company, in order to make investment decisions on securities of CEMEX or such other company. Information is stock market intermediary ethics "material" doughboyz cashout make time for me lyrics a reasonable person would consider the information relevant in making an investment decision.

Material information may include sales and earnings results, major changes in product lines, proposed mergers, acquisitions, divestitures, cash and stock dividends, redemption of securities, stock repurchase plans, recapitalization programs, securities offerings, and litigation and investigations.

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Employees are precluded from trading in any securities CEMEX may have plans to acquire, both before and after the announcement of the acquisition. An "investment decision" is a decision to buy or sell a security. In some cases for example, if instructions have already been given to sell or buya decision to hold a security may also be an "investment decision". A "security" is a publicly traded instrument representing an economic interest in a company or other issuer, and may be in the form of capital or debt.

stock market intermediary ethics

Examples of securities include shares, CPOs, ADSs, bonds, and notes. A security is also a derivative instrument having any such securities underlying. Insider trading on the basis of material non-public information represents an illegal and unethical activity that undermines investor confidence; can greatly harm corporate and personal reputations; and may result in substantial civil fines, the loss of profits resulting from illegal trading, and criminal penalties of up to 10 years of imprisonment per empresas forex en colombia. The same penalties and fines may be imposed upon third-parties who act based on information obtained from CEMEX insiders and employees.

CEMEX Insider Trading Policy. To that end, the U.

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Securities and Exchange Commission the "SEC" issued its final conflict minerals rules promulgated under Section of the Dodd-Frank Wall Street Reform and Consumer Protection Act the "Conflict Minerals Rules". As per the provisions of the Conflict Minerals Rules, publicly traded companies must report to the SEC the presence of Conflict Minerals as defined below in those products that they manufacture or contract to manufacture when Conflict Minerals are necessary to the production or functionality of such products and those Conflict Minerals originate from the Conflict Region.

Accordingly, the European Commission has proposed a regulation setting up a self-certification system for any company that wishes to import Conflict Minerals responsibly into the European Union.

As part of CEMEX, S. Even though CEMEX, during the full yeardid not have any Conflict Materials originating from a Conflict Region present in any of the products that CEMEX manufactured or contracted to manufacture, and even though Conflict Minerals originating from the Conflict Region are not necessary to the production or functionality of CEMEX products, CEMEX has launched a program with an aim to continue to ensure compliance with the Conflict Minerals Rules.

Tracing materials back to their source is a complex endeavor but an important aspect of responsible sourcing and corporate responsibility. CEMEX believes in building long lasting relationships with its suppliers. Armed conflict may take a variety of forms, such as a conflict of international or non-international character, which may involve two or more states, or may consist of wars of liberation, or insurgencies, civil wars, etc.

High-risk areas may include areas of political instability or repression, institutional weakness, insecurity, collapse of civil infrastructure and widespread violence. Such areas are often characterized by widespread human rights abuses and violations of national or international law. About Us Company Profile Our Approach Position Papers Management Team Values Ethics and Compliance Worldwide Locations Our History Years of CEMEX.

We are constantly evolving to become more flexible, creative, sustainable, innovative and efficient. Locate CEMEX in your country, obtain contact information or view individual country profiles. Have something to report? Cement Aggregates Ready-Mix Concrete Related Products Local Sales Contact Building Solutions Services Trading CEMEX Global Solutions. We are the leading concrete pavement provider in the world.

We at CEMEX Global Solutions provide our customers with the best value. View the presentation of our quarterly earnings report More. We offer a range of opportunities for people with varied interests, backgrounds, and expertise. Read captivating career stories of empowerment, development, and meaningful challenges.

Sustainability Approach Providing Resilient and Efficient Building Solutions High-Impact Social Strategy Environmental Excellence for Responsible Growth Core Values into Every Action Stakeholder Engagement Sustainability Credentials Sustainability Reports, Positions, and Policies External Assurance and Awards.

We strive to provide clear, transparent information to our ESG Analysts and other key stakeholders. Our Sustainability Approach Video More. Click here to know more about our projects and conservation efforts. Press Releases Stories Videos Images Annual Reports Downloads CEMEX Building Award Contact Media Relations. View the latest images brought to you from the CEMEX Flickr channel. Browse and watch the latest videos from across our operations brought to you from the CEMEX YouTube channel.

Sourcing Approach Become a Supplier Responsible Sourcing Suppliers Direct Line Country Programs Suppliers Innovation Program. Our objective is to ensure the promotion and recognition of sustainable practices across our suppliers.

Ethics and Compliance Videos. Ethics Governance Antitrust Anti-Bribery Information Retention Insider Trading Conflict Minerals Our Code of Ethics and Business Conduct lays the foundation for the behaviors expected from our employees, based on our corporate values.

stock market intermediary ethics

Code of Ethics Code of Ethics highlights. Click to access each of the following categories that comprise the Investor Relations section on Governance: Chairman of the Board statement Board of Directors Management Team Committees Bylaws Sarbanes-Oxley Act CEMEX and the NYSE. The consequences of illegal behavior can be devastating: Hundreds of millions of dollars in fines Severe criminal penalties Payments of up to three times of damages Loss of markets and mandatory disposals of assets and subsidiaries Break-ups of companies and business units Long and expensive litigation It is also vital for CEMEX's long-term growth that our competitive advantage be based on superior business practices and strategies, with a strong foundation of ethical and lawful practices.

Bribery and corruption represent illegal, unethical and socially irresponsible activities that can have harsh implications, such as: The following are just some of the types of documents subject to retention periods: Communication and press materials Contracts and other legal obligations Engineering and technical matters Financial and accounting information Payroll and other HR data Corporate records Environmental records and other documents Tax returns and government correspondence Why is it important?

Review its supply chain to identify and avoid the use of Conflict Minerals; Expect our suppliers to cooperate in providing, due diligence information to confirm the presence of Conflict Minerals in our supply chain; Make this policy publicly available in order to enhance transparency in its implementation; Comply with the reporting requirements set forth in the applicable Conflict Minerals Rules.

About Us Company Profile Our Approach Position Papers Management Team Values Ethics and Compliance Worldwide Locations Our History.

Sustainability Sustainability Approach Providing Resilient and Efficient Building Solutions High-Impact Social Strategy Environmental Excellence for Responsible Growth Core Values into Every Action Stakeholder Engagement Sustainability Reports, Positions, and Policies External Assurance and Awards.

Media Center Press Releases Stories Videos Images Annual Reports Downloads CEMEX Building Award Contact Media Relations. Suppliers Sourcing Approach Become a Supplier Responsible Sourcing Suppliers Direct Line Country Programs Suppliers Innovation Program. Connect Facebook Twitter YouTube Flickr CEMEX Social Media Guidelines.

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