SFC fines
September 12, 2018 BY Valentina Kirilova

SEC charges ICO Superstore with operating as unregistered broker-dealer

The Securities and Exchange Commission (SEC) has announced that TokenLot LLC, a self-described “ICO Superstore,” and its owners will settle charges that they acted as unregistered broker-dealers. This is the SEC’s first case charging unregistered broker-dealers for selling digital tokens after the SEC issued The DAO Report in 2017 cautioning that those who offer and…

Read more
IronFX Offshore Racing Congress
September 12, 2018 BY LeapRate Staff

IronFX sponsors 2018 Offshore Racing Congress (ORC) European Championship

Retail FX group IronFX has announced that it will be sponsoring the 2018 ORC European Championship, which will take place in Limassol, Cyprus, between September 8th and 15th, 2018. As part of the company’s long established Corporate Social Responsibility (CSR) program, IronFX announces their latest partnership with the Offshore Racing Congress (ORC) and the 2018…

Read more
AcadiaSoft launches sensitivities calculation services
September 12, 2018 BY Valentina Kirilova

AcadiaSoft launches sensitivities calculation services

AcadiaSoft Inc., the provider of margin automation solutions worldwide, has announced that it is offering two new services to streamline the generation of inputs necessary for margin calculations using *ISDA SIMM™. Market participants that are in-scope for the calculation of initial margin for uncleared derivatives can access risk sensitivities calculation services both through AcadiaSoft and…

Read more
ASIC office
September 12, 2018 BY Valentina Kirilova

ASIC approves Australian Financial Complaints Authority rules

The Australian Securities and Investments Commission (ASIC) has approved the Australian Financial Complaints Authority (AFCA) Complaint Resolution Scheme Rules and the Terms of Reference of the AFCA Independent Assessor (IA). ASIC is required to approve material changes to the AFCA scheme under the Corporations Act, 2001. This is a key part of ASIC’s role in…

Read more
September 12, 2018 BY Valentina Kirilova

FINRA takes its first-ever disciplinary action involving cryptocurrencies

FINRA has just announced that it filed a complaint against Timothy Tilton Ayre of Agawam, Massachusetts, charging him with securities fraud and the unlawful distribution of an unregistered cryptocurrency security called HempCoin. This case represents FINRA’s first disciplinary action involving cryptocurrencies. In the complaint, FINRA alleges that, from January 2013 through October 2016, Ayre attempted…

Read more
September 12, 2018 BY Mariela Naydenova

Marshall Islands in trouble over cryptocurrency regulation issues

Venezuela already introduced its very own state-backed cryptocurrency, called the Petro in an attempt to save the drowning economy and help people. The idea of a cryptocurrency becoming an official currency in any country still seems out there, as most countries do not have regulatory power over digital money. The Marshall Islands consists of more…

Read more