DFSA
July 13, 2017 BY Valentina Kirilova

Nasdaq Stockholm fines CybAero corresponding to three annual fees

The Disciplinary Committee of Nasdaq Stockholm announced that has found that CybAero AB has breached the Nasdaq First North Rule Book (“the Rule Book”) in several respects and, accordingly, has imposed a fine on CybAero amounting to three annual fees, corresponding to an amount of SEK 341,890. The Disciplinary Committee has determined that CybAero did…

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clone firm FCA warning
July 13, 2017 BY Valentina Kirilova

FCA warns against Alpha Consulting clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Alpha Consulting. 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 of their tactics to…

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scam company
July 13, 2017 BY Valentina Kirilova

SEC announces charges in telemarketing boiler room scheme

The Securities and Exchange Commission (SEC) announced that has brought fraud charges against 13 individuals allegedly involved in two Long Island-based cold calling scams that bilked more than one hundred victims out of more than $10 million through high-pressure sales tactics and lies about penny stocks. The SEC alleges that the orchestrators of the scheme…

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July 13, 2017 BY Valentina Kirilova

NEX Optimisation appoints Paul Busby as Global Head of Sales for ENSO

NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announced today that it has appointed Paul Busby as Global Head of Sales for ENSO, its portfolio finance and centralised treasury management solution for the buy-side. Paul Busby will be responsible for expanding sales and strategic partnerships across the US, EMEA…

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July 13, 2017 BY admin

Forex broker Dukascopy discontinues JForex Strategy Converter/Connector

Swiss-based Forex broker and banking provider Dukascopy has announced a trimming of its product offering today. The company stated that due to lack of demand, they have decided to cease the Strategy Converter/Connector functionality from the JForex platform. As such, the indicators and strategies automatically converted by the Strategy Converter/Connector will no longer work with the JForex platform and API:…

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Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
July 13, 2017 BY Valentina Kirilova

SEC charges research scientist for insider trading

The Securities and Exchange Commission (SEC) announced insider trading charges against a research scientist who allegedly searched the internet for “how sec detect unusual trade” before making a trade that the agency flagged as suspicious through data analysis. The SEC’s complaint alleges that Fei Yan loaded up on stocks and options in advance of two…

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clone firm FCA warning
July 13, 2017 BY Valentina Kirilova

FCA warns against Lending Stream clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Lending Stream. 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 of their tactics to…

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