Chubb, cyber risk assessment and underwriting company, has announced that it has launched its Chubb Cyber IndexSM, a new interactive platform that showcases nearly two decades worth of Chubb's proprietary commercial cyber claims data. The Index is designed to highlight a range of cyber threats based on an organization's industry and size. We're thrilled to…
Read moreNeufund, the blockchain based equity fundraising platform, has just announced its involvement with Malta to support its rapidly expanding blockchain ecosystem. Neufund’s technology, allowing tokenization of shares and fundraising on the blockchain, will provide a critical component in the full value chain of Malta’s blockchain ecosystem. Berlin based Neufund will be establishing strong presence on…
Read moreThe Ontario Securities Commission (OSC) has announced today Mr. Sydney Lederman of Toronto, Ontario, was sentenced to 90 days in jail and three years of probation by Justice M. Wong at the College Park-Ontario Court of Justice on April 13, 2018. Following an investigation by the OSC’s Joint Serious Offences Team (JSOT) and prior to…
Read moreBelize financial regulator IFSC has issued a Warning Notice regarding a company called BTC Home Mining. The entity is not licensed under the IFSC Act to provide, carry on, transact, or hold himself out as providing, carrying on, or transacting any of the international financial services as set out in the Schedule of the IFSC…
Read moreCboe Global Markets, Inc. (Nasdaq: CBOE) has announced the settlement of the April expiry Cboe bitcoin (XBT) futures, the fourth contract settlement conducted since its launch in December. The settlement price was $8,055.68, as determined by the 4:00 p.m. ET Gemini1 Exchange bitcoin auction. Cboe bitcoin futures, the first regulated futures of their kind, launched…
Read moreThe U.S. Securities and Exchange Commission (SEC) today voted to propose a package of rulemakings and interpretations designed to enhance the quality and transparency of investors’ relationships with investment advisers and broker-dealers while preserving access to a variety of types of advice relationships and investment products. Under proposed Regulation Best Interest, a broker-dealer would be…
Read moreIt's been several weeks since Facebook's reputation took a major hit, when it was made public that Cambridge Analytica used millions of users' profiles to benefit Trump and the entire US election process, as was discussed in the media recently. The CEO of Facebook, Mark Zuckerberg, testified in front of the US Senate and Congress,…
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) announced today the release of The Truth Behind Binary Options Fraud, new videos that give viewers a first-hand look at the tactics shrewd fraudsters use to con investors out of hundreds or even thousands of dollars. The first of the videos follows (for the second, see the bottom…
Read moreUK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Pacific Sunrise UK Ltd T/A CFD Stocks. Pacific Sunrise UK Ltd T/A CFD Stocks is not authorised by the FCA but has been targeting people in…
Read moreMr Senen Pousa, of Byron Bay, was today sentenced in the Brisbane District Court on charges brought by ASIC. Mr Pousa was sentenced after earlier pleading guilty to one charge of aiding and abetting his company, Investment Intelligence Corporation (IIC), to carry on a financial services business without holding an Australian financial services (AFS) license.…
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