March 19, 2018 BY LeapRate Staff

Electronic Transaction Clearing settles charges of misusing client funds

The U.S. Securities and Exchange Commission (SEC) today announced that Electronic Transaction Clearing (ETC), a registered broker-dealer headquartered in Los Angeles, has agreed to settle charges that it illegally placed more than $25 million of customers’ securities at risk in order to fund its own operations. Among other things, the SEC found that ETC violated the…

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FCA warning
March 19, 2018 BY Valentina Kirilova

FCA warns against Gainmax Capital Limited firm

UK 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 Gainmax Capital Limited. Gainmax Capital Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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acquisition
March 19, 2018 BY Valentina Kirilova

Dow Jones completes acquisition of Cerico

Dow Jones Risk & Compliance, a provider of anti-money laundering, anti-corruption and sanctions compliance data solutions, announced that it has completed the acquisition of Cerico from the law firm Pinsent Masons and Campbell Nash, a consultancy owned by technologist James Armstrong. Cerico provides end-to-end Know Your Business Partner technology and digital compliance tools for international…

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Thomson Reuters (NYSE:TRI)
March 19, 2018 BY Valentina Kirilova

Thomson Reuters adds further FX pricing precision for AUD/USD

Information giant Thomson Reuters (NYSE:TRI) announced that it is adding further foreign exchange (FX) pricing granularity for customers trading Australian Dollars (AUD) vs. U.S. Dollars (USD), creating greater accuracy in price quotes in AUD/USD on Thomson Reuters Spot Matching and across Thomson Reuters FX platforms. The change on Thomson Reuters Spot Matching will add an…

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Hong Kong SFC
March 19, 2018 BY Valentina Kirilova

SFC’s regulatory action halts ICO to Hong Kong public

ICO issuer Black Cell Technology Limited (Black Cell) announced that it has halted its initial coin offering (ICO) to the Hong Kong public and agreed to unwind ICO transactions for Hong Kong investors by returning them the relevant tokens following regulatory action by the Hong Kong Securities and Futures Commission (SFC) over concerns that Black…

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FXStreet launches crypto news feed white label product
March 19, 2018 BY Valentina Kirilova

FXStreet launches crypto news feed white label product

The Forex market portal FXstreet.com just announced that its new Cryptocurrency News Feed widget can now be integrated into any information website or broker’s currencies platform as a white label product. It’s a 24/7 exclusive service that covers, in real-time, the most relevant movements of the most traded pairs, economic data releases and macroeconomic news that…

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