DFSA
October 10, 2017 BY LeapRate Staff

Grace Reisinger and ROF Consulting hit with $2 million judgment for Commodities Fraud

The U.S. Commodity Futures Trading Commission (CFTC) has announced that the Honorable Joan B. Gottschall of the U.S. District Court for the Northern District of Illinois entered a Final Judgment and Order against Grace Elizabeth Reisinger of Grand Island, Nebraska and her company ROF Consulting, LLC (ROF) for operating a fraudulent commodity pool scheme. The Order, entered on October…

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October 10, 2017 BY Mariela Naydenova

The Biggest Issue With Bitcoin: It Cannot Be Taxed

The cryptocurrency market has exploded over the last two years, with almost 1600%, and for the last 12 months - with around 600%. That is tremendous growth, especially for Bitcoin that is heating up discussions and "worries" from governments around the world about its plausibility and future in numerous industries. According to cybersecurity expert, John…

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fma warning
October 10, 2017 BY Valentina Kirilova

Italy regulator CONSOB warns against Tradelux Group Ltd firm

The National Commission for Companies and the Stock Exchange (Commissione Nazionale per le Società e la Borsa – CONSOB) has reported that the company Tradelux Group Ltd is not authorised to provide investment services and activities in Italy by any means and, therefore, including through the website www.optionint.com. The CONSOB is the public authority responsible…

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Go Plus account high volume traders
October 10, 2017 BY LeapRate Staff

GO Markets launches GO Plus+ account for high volume FX traders

ASIC regulated Retail FX broker GO Markets has announced the launch of its new GO Plus+ account, providing an advanced trading experience targeted at high volume traders. This brand-new account option seeks to reduce spreads, and therefore clients’ overall trading costs, with the addition of aggregated Bank, Non-Bank, and ECN pricing on Margin FX (Forex) and Metals.…

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Abu Dhabi Securities Exchange launches its new digital platform Sahmi
October 10, 2017 BY Valentina Kirilova

ADX develops innovative digital services as part of a seamless investor experience

Abu Dhabi Securities Exchange (ADX) has unveiled its latest digital services as part of its participation in the Abu Dhabi Digital Government stand, during GITEX Technology Week 2017. The showcase featured a wide range of innovative digital services, all of which have been custom designed to improve investors’ transactions and trading activities. ADX’s showcase highlighted…

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October 10, 2017 BY Valentina Kirilova

Moog Inc. to integrate Aion’s blockchain technology

Enterprise blockchain company Nuco announced Aion has raised an initial $22 million USD to build the first interoperable blockchain network. The company also shared that Moog Inc., a Fortune 1000 company specializing in building parts for the aerospace and defense industries, will integrate Aion. Moog initially turned to Nuco to develop a native blockchain platform…

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Regulation
October 10, 2017 BY Valentina Kirilova

ASIC restricts iBosses from using reduced fundraising documents

ASIC announced that has made a determination that iBosses Corporation Limited cannot use exemptions for reduced disclosure in fundraising documents for 12 months. ASIC made the determination after iBosses failed to lodge an audited financial report with ASIC for the year ended 31 March 2017 within the three month deadline. At the date of this…

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fca warning
October 10, 2017 BY Valentina Kirilova

FCA warns against CTI Group Advisors 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 firm CTI Group Advisors. CTI Group Advisors is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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