Digital display advertising firm Digi Outdoor Media Inc. and executives charged with multi million dollar fraud LeapRate

December 05, 2017 BY LeapRate Staff

Digital display advertising firm Digi Outdoor Media Inc. and executives charged with multi million dollar fraud

The U.S. Securities and Exchange Commission has announced charges against a Seattle-area outdoor digital signage advertising company and two of its senior executives, over the theft of more than $2 million from retail investors. According to the SEC’s complaint filed in U.S. District Court in Seattle, Digi Outdoor Media Inc.’s former chief executive officer Donald…

December 05, 2017 BY LeapRate Staff

FXCM co-founders Drew Niv and David Sakhai continue selling their Global Brokerage Inc shares

Regulatory filings made with US securities authorities indicate that two co-founders and original senior members of FXCM’s management team – Drew Niv (pictured above) and David Sakhai – have continued selling their remaining shares of Global Brokerage Inc (NASDAQ:GLBR), after recently converting their special “units” into regular Class A common shares of Global Brokerage. FXCM's founders, and several other members…

December 04, 2017 BY LeapRate Staff

CFTC issues recommendations to CBOT, CME, COMEX and NYMEX on rule enforcement

The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) has issued the results of a rule enforcement review at the Chicago Board of Trade, Chicago Mercantile Exchange, Commodity Exchange, Inc. and New York Mercantile Exchange, Inc. that recommends the exchanges reviewed make certain improvements as noted below. The Division reviewed the Chicago Board…

December 04, 2017 BY LeapRate Staff

Finom launches $101 million ICO under Reg D, aims to reduce financial market entry barriers

Teufen, Switzerland based financial blockchain corporation Finom AG has announced plans to raise up to $101 million, to create world’s first blockchain-based platform to reduce financial markets entry barriers and provide Artificial Intelligence advising. Finom stated that its $101 million tokenized equity offering will be executed pursuant to Regulation D of the U.S. Securities Act of…

December 04, 2017 BY Mariela Naydenova

Why and how would the bitcoin bubble burst, if there was one?

As the "people's currency" is slashing through the $11,000 price point yet again, some experts are now equating bitcoin with a huge, ready-to-burst bubble. However, as CME Group and Nasdaq are already in the process of launching bitcoin futures and the technology behind the currency, blockchain, is rapidly innovating a series of industries, the question…