ibm
July 20, 2017 BY Valentina Kirilova

Borsa Italiana with IBM to develop securities data blockchain solution for European SMEs

Borsa Italiana and IBM (NYSE: IBM) have announced they are building a blockchain solution to digitize the issuance of securities for small and medium enterprises (SMEs) in Europe. Designed to simplify the tracking and management of shareholding information, the new system intends to create a distributed shared registry containing a record of all shareholder transactions,…

Read more
UN report says North Korea laundered $2 billion theft via Hong Kong firm
July 20, 2017 BY Valentina Kirilova

SEC bars lawyer who committed fraud

The Securities and Exchange Commission (SEC) announced that has barred a New York-based attorney from appearing or practicing before it and acting as an officer or director of a public company after finding that he made false and misleading statements in corporate filings. The SEC’s order finds that David Lubin committed fraud while serving as…

Read more
asic bans
July 20, 2017 BY Valentina Kirilova

ASIC permanently bans former director of Carter Group Pty Ltd

ASIC has permanently banned Gold Coast based financial adviser Mr Satvir Singh Birk from providing financial services. Mr Birk was an authorised representative of Professional Investment Services Pty Ltd (PIS) and a director of Carter Group Pty Ltd (Carter Group) (now in external administration) which was a corporate authorised representative of PIS. ASIC found that…

Read more
fma warning
July 19, 2017 BY Valentina Kirilova

New Zealand's Financial Markets Authority confirms KiwiSaver fees

The FMA has confirmed the methodology KiwiSaver scheme providers must use when calculating the dollar amount of fees paid by KiwiSaver investors for annual statements. The FMA wants to ensure providers are calculating fees accurately without burdening them with unnecessary costs and ensuring they have time to comply. KiwiSaver scheme providers must allocate fees charged…

Read more
July 19, 2017 BY admin

US regulated binary broker Nadex to end free trading incentive program

CFTC-regulated binary options broker Nadex has given notice that its free trading incentive program will terminate at the close of business on Friday, July 21, 2017. Any account that has not made an initial funding as of 4:15 pm ET on July 21, 2017, will no longer be eligible for the fee-free trading days under the…

Read more
Tradeiam FX broker
July 19, 2017 BY LeapRate Staff

Exclusive: Vistabrokers launches second Retail FX brand, TRADEiAM

LeapRate Exclusive... LeapRate has learned that CySEC regulated Retail Forex broker Vistabrokers CIF Ltd, which operates the vistabrokers.com MT4 brand, has launched second website and brand called TRADEiAM, at tradeiam.com. The company has also launched an Affiliate Marketing website I AM AFFILIATES at iamaffiliates.com, to market TRADEiAM as well as other brands. Vistabrokers registered the tradeiam.com…

Read more
July 19, 2017 BY Valentina Kirilova

OeKB extends usage of Quantifi for enterprise market risk

Quantifi, a provider of risk, analytics and trading solutions, today announced that Oesterreichische Kontrollbank Aktiengesellschaft (OeKB) has extended its usage of Quantifi for enterprise market risk. Established in 1946, OeKB is Austria's main provider of financial and information services to the export industry and capital markets. In 2015, OeKB selected Quantifi as its front-to-middle office…

Read more