The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Great Britain loans PVT loan Limited. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part…
Read moreLeapRate Exclusive... LeapRate has learned that online giant Google has taken what seems to a final step in the coffin of Binary Options trading, issuing a blanket ban on all apps which allow Binary Options trading in its Google Play apps store. In its Developer Policy Center, Google Play issued new updates and guidelines for…
Read moreThe public disclosure of net short positions in EU shares influences investors’ behaviour, a recent study by the European Securities and Markets Authority (ESMA) finds ESMA shared that its latest Trends, Risks, Vulnerabilities (TRV) Report No. 1, 2018 analysed net short positions reported under the Short-Selling Regulation (SSR). The SSR data shows that there were 210,341…
Read moreBroker technology and platform solutions provider Leverate has just announced that it has expanded its resources with new private servers within the Equinix Data Center located in London. Leverate provides its customers with nearly zero downtime, reduced latency, increased execution speed, and fast, constantly available feed. Dell EMC & VSAN Hyper Converge With the Hyper-Converge…
Read moreThe Hong Kong Securities and Futures Commission (SFC) has announced that it has reprimanded and fined Instinet Pacific Limited (IPL) $17.3 million after resolving concerns over IPL’s breaches of the Code of Conduct in relation to its electronic and algorithmic trading systems and alternative liquidity pool (ALP). In November 2016, the SFC and IPL jointly…
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 Swiss Privilege. Swiss Privilege is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
Read moreThe Commodity Futures Trading Commission (CFTC) announced that it has filed a civil enforcement action in the U.S. District Court for the Eastern District of Virginia against Defendants The Kane Capital Investment Group, LLC (Kane Capital), a commodity pool organized in Virginia, and its principal, Amrit Jaswant Singh Chahal (Chahal) of Fairfax, Virginia. The CFTC…
Read moreCoinsource, the Bitcoin ATM network, has announced its first expansion into the Nation’s capital. Coinsource will install 20 machines across the District of Columbia and Maryland after receiving significant demand from Bitcoin users and local merchants. This installation caps off a successful first quarter for the company after launching 10 machines in Rhode Island, New…
Read moreThe Securities and Exchange Commission (SEC) has announced a whistleblower award of more than $2.1 million to a former company insider whose information led to multiple successful enforcement actions. The whistleblower’s information strongly supported the findings in the underlying actions and the whistleblower provided ongoing assistance to the staff during the investigation. The SEC has…
Read morePayments solutions provider Paysafe, parent company of Skrill and NETELLER, has announced that it has agreed to acquire iPayment Holdings, Inc., a U.S. based provider of payment and processing solutions for small and medium-sized businesses (SMB). The acquisition forms part of Paysafe’s previously stated investment strategy to expand its presence in North America in response to significant…
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