NEW YORK, July 13, 2017 /PRNewswire/ -- S&P Dow Jones Indices (S&P DJI), one of the world's leading index providers, announced today that it, for the fourth consecutive year, continues to adhere to the International Organization of Securities Commissions (IOSCO) Principles for Financial Benchmarks published by IOSCO in July of 2013.
Additionally, an independent examination of S&P DJI's adherence with the Principles was conducted by a member firm of one of the Big Four international accounting organizations. The Report of Independent Accountants is contained within S&P DJI's Management Statement of Adherence located at http://us.spindices.com/resource-center/index-policies.
"S&P Dow Jones Indices has independently and transparently governed our indices for over 120 years," says Alex Matturri, CEO of S&P Dow Jones Indices. "Our rigorous and comprehensive policies and practices reflect our longstanding commitment to avoid conflicts of interests, govern its indices transparently and adopt best practices. We are pleased to maintain our adherence and fully support the IOSCO Principles for Financial Benchmarks."
S&P DJI has been publishing financial market indices since 1896 with the launch of the Dow Jones Industrial Average®, one of the best-known icons of American culture and among stock market observers around the world. The launch of the S&P 500® in 1957 was an innovative milestone in gauging the overall health of the US equity markets and changed the way that investors would eventually measure and trade the markets. Today, S&P Dow Jones Indices publishes more than 1,000,000 indices on a real-time or end-of-day basis, each built and governed on the basis of transparency, integrity, objectivity, and independence.
For more information about S&P Dow Jones Indices, please visit www.spdji.com.
ABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.
SOURCE S&P Dow Jones Indices